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Aircraft engines market in military sector worth US$11.2 billion by 2026

By Swati Deshpande,

Added 17 May 2016

The global military aircraft engines market is set to be driven by the various fleet replacement programs, modernisation strategies and aircraft upgrade projects across the world

ReportsnReports has released The Global Military Aircraft Engines Market 2016-2026, according to which, during the forecast period, the global military aircraft engines market is set to be driven by the various fleet replacement programs, modernisation strategies and aircraft upgrade projects across the world. With the global geopolitical situation changing rapidly, most of the countries are concentrating on modernising their air power, including procurement of high-tech and advance engines. Additionally, emerging economies in the Middle East and South Asian regions are witnessing increasing defense expenditure and are therefore likely to present global military aircraft engine manufacturers with greater opportunities in the coming decade.

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