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Commercial Aircraft Gas Turbine Engine Market Pegged to Expand Robustly During 2018-2023

Market Research Future added New Report Named "Global Commercial Aircraft Gas Turbine Engine Market Research Report- Forecast 2023" to its Database

(PresseBox) (Magarpatta, )
Global Commercial Aircraft Gas Turbine Engine Market by Engine Type (Turbojet, Turbofan, and Turboprop), and by Geography - Forecast To 2021 

Market Synopsis of Global Commercial Aircraft Gas Turbine Engine Market

The Global Commercial Aircraft Gas Turbine Engine Market is expected to grow at a CAGR of around 6% during 2016-2021. The key factors driving the growth are improved fuel efficient gas turbine engines, growth in aircraft fleet and new models, and growth in PMA.

As per the MRFR analysis, factors restraining the market growth are custom duties and taxes, carbon emission, and issues related to spare part pricing.

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