Data is
interesting as it shows that, the aircraft engines market
is mainly driven by the increase in aircraft orders and fuel efficiency of new
aircraft engines. However, existing backlogs in aircraft deliveries are
restraining the growth of the aircraft engines market.
According to
Research and Markets, the aircraft engines market
is projected to grow from an estimated USD 68.05 billion in 2017 to USD 92.38
billion by 2022, at a CAGR of 5.23% during the forecast period.
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