- The key vendors in the global military aerospace engine and engine parts market 2015-2019 are CFM International, General Electric (GE), International Aero Engine (IAE), Pratt and Whitney and Rolls-Royce
London, 08 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global military aerospace engine and engine parts market 2015-2019. Evolution of 3D printing is one of the major trends being observed in this market. 3D printing has the distinctive ability to print electronics directly onto 3D surfaces, for instance, on an aircraft wing. It helps in reducing the aircraft size and weight. It is a more advanced technology that helps the users to create and design things in an innovative way. The global military aerospace engine and engine parts market is expected to grow at a CAGR of 2.36% during the period of 2014-2019.
“Many countries are developing their military aerospace structures by manufacturing planes and helicopters,” says Faisal Ghaus, Vice President of Technavio Research.
“This increase in the number of military planes will eventually result in an increase in the manufacture of specified and upgraded engines.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
