The turbofan engines industry was valued at USD 1.05 billion in 2022, experiencing a 6.3% year-on-year growth. The market is forecasted to expand at a robust Compound Annual Growth Rate (CAGR) of 17.2% from 2022 to 2032, reaching an estimated USD 5.1 billion by the end of the forecast period.
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Turbofan Engines Market Size, Industry Share & Trends by 2032 | FMI
Turbofan Engines Market registering 17.2% CAGR during the forecast period (2022-2032) and projected to reach US$ 5.1 Billion by 2032 | Data analysis by FMI
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