Aircraft Internal Combustion Engine Market
Aircraft internal combustion engine market: find recently published data featured by an Ai-driven market research tool. Facts and figures include imports, market size, companies, trade, production, exports, consumption, and market prices. Here is a breakdown by region, including Africa, China, EU, the Middle East, the U.S., the U.K., Russia, and Latin America. Market insights and outlook to 2030 are also provided in the reports.
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Aircraft Internal Combustion Engine - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | Jordan |
3 | Rwanda |
4 | Thailand |
5 | Australia |
In value terms, the United States led the market, alone. The second position in the ranking was occupied by Jordan. It was followed by Rwanda.
From 2018 to 2020, the average annual growth rate of value in the United States amounted to +12.9%. In the other countries, the average annual rates were as follows: Jordan (+99.5% per year) and Rwanda (+10.3% per year).
Aircraft Internal Combustion Engine Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per unit | ||||
Kuwait | n/a | n/a | 312 | 0.0% |
Saudi Arabia | 814 | 762 | 712 | -6.5% |
Belgium | 2247 | 2163 | 2040 | -4.7% |
India | 3830 | 3808 | 3785 | -0.6% |
Austria | 4220 | 4206 | 4522 | 3.5% |
Italy | 1732 | 3296 | 4860 | 67.5% |
Singapore | 12698 | 11791 | 6524 | -28.3% |
United Kingdom | 46910 | 64631 | 42671 | -4.6% |
Thailand | 42928 | 47681 | 58831 | 17.1% |
Average | 10474 | 9378 | 5956 | -24.6% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Thailand ($58,831 per unit), while Kuwait ($312 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy (+67.5% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per unit | ||||
Singapore | 38575 | 42620 | 62830 | 27.6% |
Thailand | 85953 | 102451 | 46826 | -26.2% |
India | 35536 | 49640 | 39791 | 5.8% |
United Arab Emirates | 51788 | 37990 | 33664 | -19.4% |
Ethiopia | n/a | n/a | 33494 | 0.0% |
China | 14304 | 15541 | 17890 | 11.8% |
United States | 29478 | 18206 | 17590 | -22.8% |
Turkey | 21135 | 16979 | 16922 | -10.5% |
Canada | 16664 | 11777 | 15918 | -2.3% |
Jordan | 44325 | 30321 | 15301 | -41.2% |
Czech Republic | 30087 | 12540 | 5324 | -57.9% |
Taiwan (Chinese) | 2977 | 3616 | 3380 | 6.6% |
Niger | 1578 | 7686 | 1490 | -2.8% |
Average | 37605 | 46108 | 33960 | -5.0% |
Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($62,830 per unit), while Niger ($1,490 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.
Aircraft Internal Combustion Engine - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Singapore | 0.9 | 0.6 | 0.3 | -42.9% |
Thailand | 0.02 | 0.03 | 0.2 | 216.4% |
United States | 0.2 | 0.2 | 0.1 | -15.8% |
Jordan | 0.09 | 0.1 | 0.1 | 27.4% |
United Arab Emirates | 0.05 | 0.08 | 0.1 | 44.0% |
In value terms, Singapore ($299M), Thailand ($215M) and the United States ($148M) were the countries with the highest levels of imports in 2020, together accounting for 26% of global imports. These countries were followed by Jordan, the United Arab Emirates, India, Ethiopia, Turkey, China, Canada, Taiwan (Chinese), the Czech Republic and Niger, which together accounted for a further 20%.
Taiwan (Chinese) (+499.2% per year) saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Aircraft Internal Combustion Engine - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Thailand | 0.5 | 0.6 | 0.9 | 34.7% |
United Kingdom | 1.1 | 0.8 | 0.4 | -38.8% |
Singapore | 0.2 | 0.2 | 0.4 | 37.2% |
India | 0.2 | 0.2 | 0.2 | -4.1% |
Belgium | 0.002565902 | 0.001633225 | 0.1 | 649.0% |
In value terms, Thailand ($885M) emerged as the largest aircraft internal combustion engine supplier worldwide, comprising 31% of global exports. The second position in the ranking was occupied by the UK ($417M), with a 15% share of global exports. It was followed by Singapore, with a 12% share.
In Thailand, aircraft internal combustion engine exports increased at an average annual rate of +34.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the UK (-38.8% per year) and Singapore (+37.2% per year).
Aircraft Internal Combustion Engine - Market Forecast
Driven by rising demand for aircraft internal combustion engine worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Aircraft Internal Combustion Engine - Top Companies
General Electric Company, United Technologies Corporation, Honeywell International Inc., Hanwha Aerospace Co., Ltd., Aecc Aviation Power Co., Ltd., Sequa Corporation, Rolls-Royce Corporation, AAR Corp., Rolls-Royce Deutschland Ltd & Co KG, Heico Corporation, Barnes Group Inc., AECC Shenyang Liming Aero Engine Co., Ltd., MITSUBISHI HEAVY INDUSTRIES AERO ENGINES, LTD., Chromalloy Gas Turbine LLC, EUROJET Turbo Gesellschaft mit beschränkter Haftung, Hanwha Land Systems Co., Ltd., ROKETSAN ROKET SANAYI VE TICARET ANONIM SIRKETI, Meyer Tool, Inc., Dynamic Precision Group, Inc., Yulista Aviation, Inc.
Aircraft Internal Combustion Engine - Product Coverage
- HS 840710 - Engines; for aircraft, spark-ignition reciprocating or rotary internal combustion piston engines
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