According to the report, the global military aircraft engines market is expected to be worth US$8.7 billion in 2016 and is projected to increase to US$11.2 billion by 2026, representing a CAGR of 2.60 percent during the forecast period. Asia Pacific with an estimated share of 27.9 percent over the forecast period followed by the North America at 27.4 percent and Europe at 26.5 percent. The Middle Eastern market for military aircraft is expected to account for a share of 12.2 percent followed by the Latin American and African markets with a cumulative share of 6.0 percent. Combat aircraft engine and other aircraft engines are expected to account for 46.1 percent and 20.2 percent of the military aircraft engine market respectively, followed by Transport aircraft engines and Rotorcraft engines, with a cumulative share of 33.6 percent.
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