Companies Dominating the Aerospace and Defense Propulsion Systems Landscape
- Bombardier Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Pratt & Whitney Canada
- L3Harris
- Magellan Aerospace Corporation
- The Boeing Company
- GE Aerospace
- 3W International Gmbh
- Spirit AeroSystems
- Aero Engine Corporation of China
- CFM International
- Lockheed Martin Corporation
- MTU Aeroengines
Key players in the market are driving its growth through innovation, strategic partnerships, and investment in advanced technologies. The companies play a critical role in addressing the evolving demands of military, commercial, and space propulsion systems.
Here are some key players in the aerospace and defense propulsion system market:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
The global aerospace and defense propulsion system market registered a valuation of USD 293.69 billion in 2024 and is poised to expand at a CAGR of 6.2% during the forecast period, i.e., 2025-2037.
The global aerospace and defense propulsion system sector registered a profitable valuation of USD 293.69 billion in 2024 and is poised to register USD 641.96 billion in 2037 expanding at a CAGR of 6.2% during the forecast period, i.e., 2025-2037.
The major players in the market are Pratt & Whitney Canada, L3Harris, Magellan Aerospace Corporation, The Boeing Company, GE Aerospace, 3W International Gmbh, and others.
By type, the air-breathing segment is estimated to register the largest revenue share of 80.2% by 2037. The market growth is attributed to the efficiency performance and adaptability of air-breathing propulsion types to various applications.
North America is poised to register the largest revenue share of 33.8% by the end of 2037. The market growth is driven by advancements in technology, significant defense spending, and the presence of major aerospace manufacturers and suppliers in the region.
