| Product Code: ETC282384 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India aircraft engines market import shipment experienced a notable decline with a CAGR of -11.7% from 2020 to 2024. However, there was a significant rebound in growth between 2023 and 2024, showing a positive momentum of 41.8%. Despite the overall contraction, the market exhibited signs of stabilization and potential recovery in the recent period.
The India Aircraft Engines market is steadily growing, driven by advancements in aviation and the need for modern, efficient engines. With the expansion of commercial and defense aviation, the demand for aircraft engines is on the rise. These engines are a critical component of the country`s aviation industry, ensuring safe and reliable air travel.
The India aircraft engines market is driven by the expansion of the aviation industry. As more people opt for air travel and cargo transportation increases, the demand for aircraft engines grows. Advances in fuel efficiency and environmental regulations also shape the market, as airlines seek more eco-friendly and cost-effective engine solutions.
The aircraft engines market in India faces challenges such as regulatory compliance, global competition, and sustainability. Meeting stringent aviation safety and environmental standards is crucial but demanding. Global competition and the need for sustainable aviation solutions add complexity to the market.
The pandemic severely impacted the aviation industry, leading to a reduction in demand for new aircraft engines and maintenance services. Travel restrictions and reduced air travel resulted in a slowdown in this market.
The India Aircraft Engines market is served by leading manufacturers and suppliers who contribute to the aviation industry`s growth. Key players such as Hindustan Aeronautics Limited (HAL), Gas Turbine Research Establishment (GTRE), and Reliance Aerospace Solutions are prominent names in this market. They provide a range of aircraft engines and propulsion systems, supporting both military and civil aviation needs in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aircraft Engines Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aircraft Engines Market Revenues & Volume, 2021 & 2031F |
3.3 India Aircraft Engines Market - Industry Life Cycle |
3.4 India Aircraft Engines Market - Porter's Five Forces |
3.5 India Aircraft Engines Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Aircraft Engines Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India Aircraft Engines Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.8 India Aircraft Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Aircraft Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in air passenger traffic in India |
4.2.2 Increase in defense spending by the Indian government |
4.2.3 Technological advancements in aircraft engine manufacturing |
4.3 Market Restraints |
4.3.1 High maintenance and operating costs of aircraft engines |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Fluctuating raw material prices affecting manufacturing costs |
5 India Aircraft Engines Market Trends |
6 India Aircraft Engines Market, By Types |
6.1 India Aircraft Engines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Aircraft Engines Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Aircraft Engines Market Revenues & Volume, By Turboprop, 2021-2031F |
6.1.4 India Aircraft Engines Market Revenues & Volume, By Turboshaft, 2021-2031F |
6.1.5 India Aircraft Engines Market Revenues & Volume, By Turbofan, 2021-2031F |
6.1.6 India Aircraft Engines Market Revenues & Volume, By Piston Engine, 2021-2031F |
6.2 India Aircraft Engines Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Aircraft Engines Market Revenues & Volume, By Conventional Engine, 2021-2031F |
6.2.3 India Aircraft Engines Market Revenues & Volume, By Electric/Hybrid, 2021-2031F |
6.3 India Aircraft Engines Market, By Platform |
6.3.1 Overview and Analysis |
6.3.2 India Aircraft Engines Market Revenues & Volume, By Fixed Wing, 2021-2031F |
6.3.3 India Aircraft Engines Market Revenues & Volume, By Rotary Wing, 2021-2031F |
6.4 India Aircraft Engines Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Aircraft Engines Market Revenues & Volume, By General Aviation, 2021-2031F |
6.4.3 India Aircraft Engines Market Revenues & Volume, By Business Aviation, 2021-2031F |
6.4.4 India Aircraft Engines Market Revenues & Volume, By Recreational Aviation, 2021-2031F |
6.4.5 India Aircraft Engines Market Revenues & Volume, By Others, 2021-2031F |
7 India Aircraft Engines Market Import-Export Trade Statistics |
7.1 India Aircraft Engines Market Export to Major Countries |
7.2 India Aircraft Engines Market Imports from Major Countries |
8 India Aircraft Engines Market Key Performance Indicators |
8.1 Average age of aircraft engines in India |
8.2 Research and development investment in new engine technologies |
8.3 Number of aircraft engine maintenance and repair facilities in India |
9 India Aircraft Engines Market - Opportunity Assessment |
9.1 India Aircraft Engines Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Aircraft Engines Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India Aircraft Engines Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.4 India Aircraft Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Aircraft Engines Market - Competitive Landscape |
10.1 India Aircraft Engines Market Revenue Share, By Companies, 2024 |
10.2 India Aircraft Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |