Aero Engine Industry: An Introduction To The Aero Engine Industry

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Aero Engine Industry

Introduction
Aero-engine Industry manufactures aircraft engines, engine parts, propeller, rotor, landing gear, fuselage, hydraulic and electric control, and avionics systems. Engines and other component parts comprise of about 45 percent of the global aircraft. U.S., Canada, Japan, France, and UK are all major producers and market leaders of aero engine industry. Boeing and Airbus are the two largest aircraft engine and parts manufacturers holding 50% of the total market share. Boeing dominates this industry in the commercial aircraft sector. This industry comprises commercial aircraft, military aircraft, rotary aircraft, Helicopters and small personal jets and planes.

The market is showing an upward trend because of rising demand for commercial and private airplanes as people in the 21st Century prefer travelling by air. The Industry is currently focusing on improving fuel efficiency and to cut down the cost. Canada is considered to be the leading producer of turbine-powered aviation engines for commercial aircraft as well as helicopters. If we talk about future then countries such as Japan and South Korea are estimated to be Key markets because of …show more content…

It operates in 135 countries with its manufacturing spread out in 14 different countries. Rolls-Royce Limited was founded in 1906 by Henry Royce and Charles Rolls at the Midland Hotel, Manchester, as a manufacturer of luxury cars, before diversifying into aircraft engine manufacturing. Approximate of 40000 employees work in various business sectors ranging from civil, defence, marine and energy markets. It provides services to 56000 aircraft engines for 300 airlines, 2400 public companies and also over 100 armed forces. Its engines are found in every type of commercial aircraft manufactured by Airbus industries and Boeing. Rolls-Royce is well known for its high quality, reliability and high end technology provider to its

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