The turbofan engines market was valued at USD 1.05 billion in 2022 and experienced a 6.3% increase year-on-year. The market is projected to grow at a robust CAGR of 17.2% from 2022 to 2032, reaching an estimated USD 5.1 billion by the end of the forecast period. Demand for turbofan engines is expected to remain …
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Turbofan Engines Market Development Trends, Demand, Size, Competitive Analysis and Key Manufacturers Report 2032
The global Turbofan Engines market is likely to be valued at US$ 1.05 Billion in FY 2022, up from US$ 988 Million in 2021. During the past year, the industry registered a Y-o-Y increase worth 6.3%. From 2022 to 2032, Turbofan Engines sales are poised to flourish at a CAGR of 17.2% to reach a value of US$ 5.1 Billion by the end of 2032. Turbofan …