Global Fixed Wing Turbine Aircraft Market Opportunities, Trends and Challenges (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 19, 2018--The “Global Fixed Wing Turbine Aircraft Market Segmented by Type and Geography - Opportunities, trends and Challenges (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.
Due to the increase in orders from developing & developed nations to increase their aircraft fleet & re-equipment cycles of aging military aircrafts like fighter & bomber aircrafts; this is driving the aviation gas turbine market, and is expected to grow at CAGR of 6% during the forecast period.The numbers of millionaires in the world are rising at a tremendous pace. The number of millionaires in the world increased by more than 13% in 2015, as compared to 2014, taking the total number past 17 million mark. In China alone, the number rose by 25% in 2015, only second to the US.It is projected that the millionaire population would contribute half of the world’s income by 2019. This statistic presents a tremendous opportunity for the players of General Aviation Market, with Asia Pacific Region witnessing huge growth over the forecast period on account of rising number of millionaires and high growth economies of India and China.
The Business Jet Market Currently is a USD21 Billion Market and in the General Aviation Market Business Jets contribute the most revenue and it is this sector which is poised to show one of the fastest growth rates in the future also.Mitsubishi Hitachi Power Systems, Inc. launched enhanced air-cooled J Series gas turbine M501JAC. This is expected to bring revolutionary change in power generation by providing unparalleled record production during commercial operation with enhanced efficiency and reliability.Companies ProfiledATRBombardierEmbraerBoeingComacEADS CASAAlenia AermacchiTextron AviationPilatusIlyshinDassault Falcon JetGulfstream
Key Topics Covered
2. Research Methodology
3. Market Insights
4. Market Dynamics
5. Fixed Wing Turbine Aircraft Market, by Type
6. Fixed Wing Turbine Aircraft Market, by Region
7. Competitive Landscape
8. Company Profiles
9. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/8qn4bm/global_fixed_wing?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180919005381/en/
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Related Topics:Turbines ,Aircraft
INDUSTRY KEYWORD: TRANSPORT AIR MANUFACTURING AEROSPACE ENGINEERING
SOURCE: Research and Markets
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PUB: 09/19/2018 08:00 AM/DISC: 09/19/2018 08:01 AM