Home > Aerospace & Defense > Aircraft Parts > Afterburner Market

Afterburner Market Share

Report ID: GMI4872
Published Date: Nov 2020
Report Format: PDF

Download Free Sample

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.

Authors: Suraj Gujar, Partha Paul

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.