Aeroengine Accessory Drive Train Market - By Component (Gearboxes, Shafts, Bearings, Seals, Other components), By Engine Type (Turbofan engines, Turboprop engines, Turboshaft engines), By Aircraft Type, By End-use, By Distribution Channel & Forecast, 2024 - 2032

Aeroengine Accessory Drive Train Market Size

Aeroengine Accessory Drive Train Market was valued at USD 856.5 million in 2023 and is estimated to grow at a CAGR of 6.5% during the forecast period. The Aeroengine Accessory Drive Train (ADT) market is poised for significant growth driven by multiple factors that underscore the evolving landscape of aviation and aerospace industries.
 

One of the primary catalysts for this growth is the continuous expansion of the global aircraft fleet. With increasing air travel demand and the need for efficient transportation solutions, airlines are continuously upgrading and expanding their fleets. This directly translates to a higher demand for new aircraft and subsequently, aeroengine ADTs to support these new engines. The maintenance, repair, and overhaul (MRO) sector also contributes significantly to the demand for ADTs. With aging aircraft fleets requiring frequent upgrades and replacements, there is a steady demand for aftermarket ADT solutions. This segment not only supports the operational longevity of existing aircraft but also drives innovation in ADT technology to meet evolving performance and regulatory standards.
 

The aviation industry is subject to stringent safety and environmental regulations. Compliance with these mandates is complex and costly, requiring significant investment in research, development, and testing. Certification processes are time-consuming, delaying product launches and increasing development costs. Developing new ADT technologies involves substantial upfront investments in research, design, prototyping, and testing. The need for rigorous testing and certification further escalates costs.
 

Aeroengine Accessory Drive Train Market Trends

Modern aircraft designs are increasingly incorporating more electric systems to improve efficiency and reduce fuel consumption. ADTs are being adapted to handle higher electrical loads, integrating with electrically driven accessories like pumps and generators. The demand for lighter aircraft components to enhance fuel efficiency and performance is driving the adoption of advanced lightweight materials in ADT construction. Materials such as composites and advanced alloys are replacing traditional heavier metals, reducing overall weight while maintaining strength and durability. ADTs are being equipped with advanced technologies such as digital controls, condition monitoring systems, and predictive maintenance capabilities. These technologies enhance operational reliability, reduce downtime, and optimize maintenance schedules, thereby lowering lifecycle costs.
 

Aeroengine Accessory Drive Train Market Analysis

Based on components, the market is divided into gearboxes, shafts, bearings, seals, other components. In 2023, gearboxes held the dominant market of USD 309 million and is expected to reach USD 570.8 million by 2032. Gearboxes are essential for transferring power from the engine to various accessories and systems. As engine technologies advance, with higher power outputs and more complex accessory requirements, there is a growing demand for robust and efficient gearboxes capable of handling increased loads. Gearboxes play a critical role in optimizing engine efficiency by ensuring precise control and distribution of power. Demand for gearboxes is driven by the need to improve fuel efficiency and reduce emissions in compliance with stringent environmental regulations.
 

Based on engine type, the aeroengine accessory drive train market is categorized into turbofan engines, turboprop engines, turboshaft engines. In 2023, turbofan engines held the dominant market share of 61% and is anticipated to grow through the years. Turbofan engines are predominantly used in commercial airliners, which are experiencing steady growth in global air travel demand.
 

The expansion of commercial fleets drives continuous demand for ADTs that support efficient and reliable engine operation. Turboprop engines are widely used in regional and commuter aircraft, which are crucial for connecting smaller airports and remote regions. The increasing demand for regional air travel drives the demand for ADTs tailored to turboprop engines. Turboshaft engines power helicopters and military aircraft, where reliability, durability, and performance under demanding conditions are critical. ADTs for turboshaft engines must withstand high vibration levels and operate efficiently in challenging environments.
 

North America held a market of around USD 226 million in 2023 and is expected to reach USD 404 million by 2032. North America hosts a significant portion of the world's commercial airline fleet, including major carriers and regional airlines. The continuous expansion of airline operations drives demand for new aircraft and ADTs to support efficient engine performance and reliability.
 

The market in U.S. is set to grow through a CAGR of 6.9% through the forecast time period. The U.S. military invests heavily in upgrading its aviation capabilities, including ADTs for military engines. Modernization programs drive demand for ADTs that improve performance, reliability, and operational readiness of military aircraft.
 

The German aeroengine accessory drive train market maintained a considerable position in Europe. Germany invests in modernizing its military aviation capabilities, including ADTs for military engines. There is a demand for ADTs that enhance operational efficiency, reliability, and mission readiness across various defense applications.
 

China is supposed to grow at the highest rate of 7.6% in the region. China is experiencing robust growth in air passenger traffic, driven by increasing disposable incomes, urbanization, and tourism. This growth fuels demand for new aircraft equipped with advanced ADTs to support efficient and reliable engine operations.
 

Aeroengine Accessory Drive Train Market Share

Aeroengine accessory drive train industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such Collins Aerospace, GE Aviation, GKN Aerospace, Honeywell Aerospace, Liebherr-Aerospace, Moog Inc., Park Ohio Holding Corporation and Parker Hannifin Corporation collectively held around 10%-15% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
 

Aeroengine Accessory Drive Train Market Companies

Major players operating in the aeroengine accessory drive train industry are:

• Collins Aerospace
• GE Aviation
• GKN Aerospace
• Honeywell Aerospace
• Liebherr-Aerospace
• Moog Inc.
• Park Ohio Holding Corporation
• Parker Hannifin Corporation
• Pratt & Whitney
• Rolls-Royce plc
• RTX Corporation
• Safran Aircraft Engines
• Triumph Group
• UTC Aerospace Systems
• Woodward, Inc.
   

Aeroengine Accessory Drive Train Industry News

• In May 2024, Next Level Aviation® (NLA) and Aeras Aviation signed a fresh consignment agreement for CFM56 engine accessories. Aeras Aviation entrusted NLA with CFM56-5B and -7B teardown accessories, which NLA then handled, managing repair, quality assurance, warehousing, and logistics. Next Level Aviation® distributed the serviceable CFM56 material worldwide, ensuring effective support for the global customer bases of both entities.
   

The aeroengine accessory drive train market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) (Million Units) from 2021 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Component

• Gearboxes
• Shafts
• Bearings
• Seals
• Other components

Market, By Engine Type

• Turbofan engines
• Turboprop engines
• Turboshaft engines

Market, By Aircraft Type

• Commercial aircraft
• Military aircraft
• Business jets
• General aviation

Market, By End-use

• Original Equipment Manufacturers (OEMs)
• Aftermarket

Market, By Distribution Channel

• Direst Sales
• Indirect Sales

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA