Aircraft Engines Market Competition Analysis 2025: How Players Are Shaping Growth

Aircraft Engines Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034

The Business Research Company’s Aircraft Engines Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034

LONDON, GREATER LONDON, UNITED KINGDOM, December 17, 2025 /EINPresswire.com/ -- The Aircraft Engines market is dominated by a mix of global aerospace leaders and specialized engine manufacturers. Companies are focusing on advanced propulsion technologies, fuel-efficient and hybrid engine solutions, and rigorous safety and compliance frameworks to strengthen market presence and maintain industry standards. Understanding the competitive landscape is essential for stakeholders seeking growth opportunities, technological innovation, and strategic partnerships within the rapidly evolving aviation sector.

Which Market Player Is Leading the Aircraft Engines Market?
According to our research, GE Aerospace led global sales in 2023 with a 28% market share. The Commercial Engines and Services division of the company partially involved in the aircraft engines market, provides design, manufacturing, and servicing of jet engines for commercial aviation.

How Concentrated Is the Aircraft Engines Market?
The market is concentrated, with the top 10 players accounting for 72% of total market revenue in 2023. This level of concentration reflects the sector’s high technological and capital entry barriers, driven by complex engineering requirements, stringent safety and regulatory standards, and the critical need for reliability in commercial and defense aviation. Leading players such as GE Aerospace, Raytheon Technologies Inc., Rolls-Royce Holdings plc, Honeywell International Inc., Ishikawajima-Harima Heavy Industries (IHI Corporation), Safran S.A., MTU Aero Engines AG, Mitsubishi Heavy Industries Ltd., Williams International Co. LLC, and Magellan Aerospace Corporation hold significant market shares through advanced propulsion technologies, established client trust, and global service networks. As demand for fuel-efficient, hybrid, and next-generation engines grows, strategic partnerships, technological innovation, and mergers are expected to further consolidate the dominance of these leading companies in the market.

Leading companies include:
o GE Aerospace (28%)
o Raytheon Technologies Inc. (15%)
o Rolls-Royce Holdings plc (10%)
o Honeywell International Inc. (6%)
o Ishikawajima-Harima Heavy Industries (IHI Corporation) (3%)
o Safran S.A. (3%)
o MTU Aero Engines AG (3%)
o Mitsubishi Heavy Industries Ltd (2%)
o Williams International Co. LLC (1%)
o Magellan Aerospace Corporation (1%)

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Which Companies Are Leading Across Different Regions?
North America: Hartzell Engine Technologies, Inc. (Hartzell Engine Tech), StandardAero Ltd. (StandardAero), FTAI Aviation Ltd. (FTAI Aviation), Aero Turbine, Inc. (Aero Turbine), Lockheed Martin Commercial Engine Solutions (Lockheed Martin), Component Repair Technologies, Inc. (Component Repair Technologies), General Electric Aviation (GE Aviation) (GE Aviation), Pratt & Whitney (Pratt & Whitney), Honeywell Aerospace (Honeywell Aerospace), Rolls-Royce Holdings plc (Rolls-Royce Holdings), CFM International (CFM International), Rolls-Royce Canada Limited (Rolls-Royce Canada), and Safran S.A. (Safran) Are leading companies in this region.

Asia Pacific: Hyprix Co., Ltd. (Hyprix), Aero Engine Corporation of China – Sichuan Gas Turbine Establishment (AECC Sichuan Gas Turbine Establishment), Hanwha Aerospace Co., Ltd. (Hanwha Aerospace), Korea Aerospace Industries, Ltd. (KAI), Korean Air Lines Co., Ltd. (Korean Air), Ishikawajima-Harima Heavy Industries Co., Ltd. (IHI Corporation), Kawasaki Heavy Industries, Ltd. (Kawasaki Heavy Industries), Mitsubishi Heavy Industries Aero Engines, Ltd. (MHIAEL) (Mitsubishi Heavy Industries Aero Engines), Japanese Aero Engines Corporation (JAEC) (JAEC), Marubeni Aerospace Corporation (Marubeni Aerospace), Sojitz Aerospace Corporation (Sojitz Aerospace), Raghu Vamsi Machine Tools Pvt. Ltd. (Raghu Vamsi Machine Tools), Japan Airlines Co., Ltd. (Japan Airlines), Pratt & Whitney (Pratt & Whitney), Rolls-Royce plc (Rolls-Royce), General Electric Company (GE Aerospace), Safran S.A. (Safran), Aero Engine Corporation of China (AECC) (AECC), Hindustan Aeronautics Limited (HAL) (HAL), Ishikawajima-Harima Heavy Industries Co., Ltd. (Ishikawajima-Harima), MTU Maintenance Zhuhai Co., Ltd. (MTU Maintenance Zhuhai), CFM International Greater China (CFM International), and Honeywell Aerospace (Honeywell Aerospace) are leading companies in this region.

Western Europe: Safran S.A. (Safran), MTU Aero Engines AG (MTU Aero Engines), Piaggio Aerospace S.p.A. (Piaggio Aerospace), Leonardo S.p.A. (Leonardo), Rolls-Royce plc (Rolls-Royce), EuroJet Turbo GmbH (EuroJet Turbo), General Electric Company (GE Aerospace), CFM International (CFM International), Honeywell Aerospace (Honeywell Aerospace), Pratt & Whitney (Pratt & Whitney), Liebherr-Aerospace GmbH (Liebherr-Aerospace), and Ishikawajima-Harima Heavy Industries Co., Ltd. (IHI Corporation) are leading companies in this region.

Eastern Europe: LOM Praha a.s. (LOM Praha), Walter Engines a.s. (Walter Engines), General Electric Company (GE Aerospace), United Engine Corporation (UEC) (United Engine Corporation), Motor Sich JSC (Motor Sich), Zorya-Mashproekt (Zorya-Mashproekt), and Wright and Engine Company (Wright and Engine Company) are leading companies in this region.

South America: SKY Airline S.A. (SKY Airline), Turbomachine S.A. (Turbomachine), General Electric Company (GE Aerospace), Pratt & Whitney (Pratt & Whitney), Embraer S.A. (Embraer), Rolls-Royce plc (Rolls-Royce), and Safran S.A. (Safran) are leading companies in this region.

What Are the Major Competitive Trends in the Market?
• Motors Paving the Way for Sustainable Air Mobility is for new air mobility to reduce emissions.
• Example: Safran Electrical & Power electric motor for new air mobility (February 2025) the motor was validated for its power, lightness and air-cooling system.
• This innovation is a significant step forward in developing sustainable air mobility solutions.

Which Strategies Are Companies Adopting to Stay Ahead?
• Launching next-generation fuel-efficient and hybrid propulsion systems
• Enhancing strategic partnerships and investments
• Focusing on predictive maintenance and digital twin technologies
• Leveraging advanced manufacturing and cloud-based analytics platforms

Access the detailed Aircraft Engines Market report here:
https://www.thebusinessresearchcompany.com/report/aircraft-engines-global-market-report

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