The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increased use of low-cost, fuel-efficient aircraft is likely to stimulate innovation in aviation engine blade production, propelling the market over the forecast period.

The global aircraft engine blade market is expected to grow from $14.20 billion in 2022 to $15.40 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The global aircraft engine blade market size is expected to reach $20.86 billion in 2027 at a CAGR of 7.9%.

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Global Aircraft Engine Blade Market Segments Include:

• By Blade Type: Compressor Blades, Turbine Blades, Fan Blades
• By Aircraft Type: Commercial Aircraft, General Aviation, Regional Aircraft, Military Aircraft
• By Blade Size: 0-20, 21-40, 41-60
• By Material: Titanium, Nickle Alloy, Composites, Other Materials
• By End User: Original Equipment Manufacturer (OEM), Aftermarket
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global aircraft engine blade market in 2021.

Major Market Players in the aircraft engine blade market include CFM International, GE Aviation, Rolls-Royce Holdings plc., MTU Aero Engines AG, Albany International Corporation, Doncasters Group Limited, Safran S.A., IHI Corporation, Farinia S.A.

Composite material advancements are a hot trend in the aircraft engine blade market. To strengthen their market position, major players in the aircraft engine blade market are focusing on innovations in composite material production. For example, Rostec, a Russian industrial conglomerate business, launched novel technology for creating aviation engine blades in April 2022, employing high-precision equipment and specialised materials such as titanium alloy to make blades with high-performance features. This is being driven by an increasing desire for more fuel-efficient and ecologically friendly aircraft, which aids in lowering fuel consumption and emissions.

The Aircraft Engine Blade Global Market Report 2023  provides a aircraft engine blade market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aircraft engine blade market forecast analyzes aircraft engine blade market size, aircraft engine blade market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A jet engine’s blades are one of its most crucial components. They are in charge of turning the heated, expanding gases’ energy into rotational energy that powers the engine’s fan or compressor.

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