Global Commercial Aircraft Turbofan Engines Market Annual Review 2023: Supply Chain Constraints & Challenges, Strong, Long Term Fundamentals, Sustainability Challenges and Technological Leaps - ResearchAndMarkets.com
The report analyzes and provides insights into key industry, market & technology trends likely to shape the future of the Global Commercial Aviation Turbofan Engines market over near to medium term followed by outlining of emerging, potential growth opportunities.
- The report analyzes and provides insights into key industry, market & technology trends likely to shape the future of the Global Commercial Aviation Turbofan Engines market over near to medium term followed by outlining of emerging, potential growth opportunities.
- Commercial Aviation has been making a roaring comeback from the pandemic with strong passenger demand levels thanks to strong & sustained pent-up demand for travel and sustained growth in air cargo traffic across most key markets & regions.
- The global airline passenger traffic is reaching the pre-pandemic levels now in 2023 aided further by the opening up of China in late 2022 after jettisoning of the zero-tolerance COVID policy.
- The Airbus-Boeing duopoly is raring to ramp up production rates, especially for narrow bodies, amid burgeoning demand levels in an unusual, supply-led market scenario at present.