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Afterburner Market Share
- Report ID: GMI4872
- Published Date: Nov 2020
- Report Format: PDF
Afterburner Market Share
Some of the key manufacturers are:
- Rolls-Royce plc
- GE AVIATION
- Pratt & Whitney
- Honeywell Aerospace
- Aviadvigatel
- SE Ivchenko-Progress
- Safran
- Eurojet
- JSC "Klimov" — United engine corporation
- MTU Aero Engines AG
Some of the significant strategies implemented by these manufacturers are collaboration with aircraft manufacturers, acquisition, new product development, and production capacity expansion.
Frequently Asked Questions (FAQ) :
The market for afterburner had reached USD 110.36 million in value during 2019 and will record about 8% CAGR up to 2026 by 2026 with the expanding backlog and production of fighter aircraft.
The share of air superiority fighters was valued at nearly USD 35 million in 2019 owing to increased afterburner demand from the growing deployment of fighter aircraft for aerial domination.
Aircraft with turbofans engine contributed about 95% of global afterburner industry share in 2019 as countries focus on reinforcing their military prowess and border safety.
North America afterburner market forecast is impacted by the high production of fighter aircraft in the U.S. and the regional industry will register over 11% CAGR through 2026.
Afterburner Market Scope
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