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Aeroengine Accessory Drive Train Market Size, Share, and Industry Analysis by Component Type (Gearbox, Generators, Radial & Horizontal Shafts, Pumps, and Others), by Engine (Turbofan Engines, Turboshaft Engines, Turboprop Engines, Turbojet Engines, and Others), By Application (Commercial Aircrafts, General Aviation, Military Aircrafts, and Others), By End-use (Original Equipment Manufacturers (OEMs) and Aftermarket), and Regional Forecast, 2025-2032

Region : Global | Report ID: FBI110727 | Status : Ongoing

 

KEY MARKET INSIGHTS

The aeroengine accessory drive train (ADT) market is poised to depict significant growth in the coming years, driven by various factors that are transforming the aviation and aerospace industries. As the industry continues to evolve, the demand for ADT solutions is expected to increase, fueling market growth.

  • Due to higher demand for air travel and the necessity for efficient transportation options, airlines are consistently improving and extending their aircraft collections. This results in an increased need for new aircraft and aeroengine ADTs to maintain the new engines.
  • The MRO industry also plays a major role in driving the need for ADTs. As aging aircraft fleets need constant upgrades and replacements, there is a consistent need for aftermarket ADT solutions. This industry contributes to the continued operation of current aircraft and also promotes advancements in ADT technology to align with changing performance and regulatory requirements.

Aeroengine Accessory Drive Train Market Drivers

Need for Fuel Efficient Solutions

The aerospace industry's growing focus on fuel efficiency is a key factor driving the global aeroengine accessory drive train market. Airlines and aircraft manufacturers are working to lower costs and lessen environmental impact, making the ADT essential for enhancing the performance of engine components such as generators and fuel pumps to improve fuel efficiency. The demand for fuel-efficient solutions is fueled by the industry's dedication to sustainability and advancing technology.

Expansion in the Commercial Airline Industry

The strong growth of the global commercial aviation industry drives the aeroengine ADT market. Increasing air travel demand in emerging markets pushes airlines to update fleets and improve aircraft efficiency. This results in a higher demand for advanced and fuel-efficient drive train solutions. Expanding commercial fleets offer opportunities for manufacturers to develop innovative solutions for various aircraft types. With the growing middle class population in emerging economies, the aeroengine ADT market is expected to grow consistently as airlines invest in new propulsion technologies.

Aeroengine Accessory Drive Train Market Restraint

Economic Instabilities

The aeroengine ADT market worldwide is influenced by economic uncertainties and market volatility, causing notable effects on demand and supply dynamics. Economic downturns such as recessions or financial crises usually result in decreased air travel demand, impacting new aircraft orders and the aftermarket for aeroengine ADTs. Airlines dealing with financial restrictions during tough economic times might postpone or abandon fleet expansion strategies, directly impacting the aeroengine ADT market.

Aeroengine Accessory Drive Train Market Opportunity

Rising Demand for Modern Commercial Aircraft to Offer Growth Opportunities

The demand for modern commercial aircraft is on the rise, driven by advances in aviation technology, increased air travel, and a need for more reliable and efficient aircraft systems. As a result, manufacturers are focusing on the development of new accessory drive train solutions that cater to the requirements of contemporary aircraft, including improved performance, reduced maintenance, and enhanced fuel efficiency. This trend is expected to continue as the aviation industry continues to evolve and expand globally and offer opportunities for market expansion.

Key Insights

The report covers the following key insights:

  • Latest Developments
  • Technological Developments
  • Regulatory Landscape
  • Patent Analysis

Segmentation

By Component

       By Engine Type

By Application

By End-use

By Region

 

  • Gearbox
  • Generators
  • Radial & Horizontal Shafts
  • Pumps
  • Others
  • Turbofan Engine
  • Turboshaft Engine
  • Turboprop Engine
  • Turbojet Engine
  • Others
  • Commercial Aircraft
  • General Aviation
  • Military Aircraft
  • Others

 

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

 

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Spain, Italy, and the Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, South Korea, and the Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Analysis by Component:

By component, the aeroengine accessory drive train market is segmented into gearbox, generators, radial & horizontal shafts, pumps, and others.

The gearboxes segment is anticipated to dominate the market and is projected to grow significantly during the forecast period. These components play a crucial role in transmitting power from the engine to different accessories and systems. Furthermore, they are essential for maximizing engine efficiency through the precise management and allocation of power. The requirement for gearboxes is fueled by the necessity to enhance fuel efficiency and decrease emissions to meet strict environmental regulations.

Analysis by Engine Type:

By engine type, the aeroengine accessory drive train market is sub segmented into turbofan engines, turboprop engines, turboshaft engines, turbojet engines, and others.

The turbofan engines segment is anticipated to dominate the market and are expected to continue growing in the future. The engines are mainly utilized in commercial aircraft, which are seeing a consistent increase in the global demand for air travel.

Analysis by Application:

By application, the aeroengine accessory drive train market is segmented into commercial aircraft, general aviation, military aircraft, and other types.

The commercial segment is majorly influencing the market as it is widely used in the commercial aviation industry. Following that, the military aircraft segment is expected to grow due to rising product usage in for energizing crucial systems and accessories.

Analysis by End-use:

By end-use, the aeroengine accessory drive train market is segmented into two categories: original equipment & manufacturers (OEMs) and aftermarket.

The OEMs segment dominates as they are mainly in charge of designing and producing accessory drive systems that are incorporated into newly-built aircraft engines. Even though OEMs control the majority of accessory drive train supply, the aftermarket is growing in importance, particularly for maintenance, repair, and overhaul (MRO) services. As aircraft fleets grow older, there is an increasing need for replacement parts and upgrades. Aftermarket components enable operators to uphold performance and compliance with regulatory standards without the necessity of replacing complete engines.

Analysis by Region:

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By region, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America region is expected to dominate the market due to the presence of major aircraft and engine manufacturers, ongoing production of next-generation aircraft, and the establishment of new assembly plants by companies such as Airbus in the U.S. The increasing demand for fuel-efficient and technologically advanced ADT solutions to power the growing commercial aircraft fleet in the region is a key factor driving North America's leading position in this market.

The Asia Pacific aero engine accessory drive train (ADT) market is projected to experience the most significant growth. Several factors such as the rising need for commercial airplanes, government defense expenditures, establishment of new manufacturing facilities, and advancement in domestic aircraft production drive the regional expansion.

Key Players Covered

The report includes the profiles of the following key players:

  • GE Aerospace (U.S.)
  • Rolls-Royce Holdings Plc (U.K.)
  • Safran S.A. (France)
  • Pratt & Whitney (U.S.)
  • Honeywell Aerospace Technologies (U.S.)
  • Woodward, Inc. (U.S.)
  • Liebherr (Switzerland)
  • Triumph Group (U.S.)
  • Parker Hannifin (U.S.)
  • Moog Inc. (U.S.)

Key Industry Developments

  • In May 2024, Next Level Aviation (NLA) and Aeras Aviation inked a new consignment deal for CFM56 engine accessories. NLA was tasked by Aeras Aviation to handle CFM56-5B and -7B teardown accessories, which involved managing repairs, quality assurance, warehousing, and logistics. Next Level Aviation® dispersed the usable CFM56 parts across the globe, providing efficient assistance to the global customer groups of both companies.
  • In September 2023, Honeywell and Aegiq, a company specializing in quantum networking and computing, agreed to investigate the development of a complete solution to facilitate more accurate and cost-efficient design and implementation of space payloads and associated ground assets by signing a memorandum of understanding.
  • In February 2022, Pratt & Whitney Canada, which is a division of Pratt & Whitney, introduced a new lease-to-own option to its expanding range of Spare Engine Solutions. The collection of choices in the portfolio includes long-term lease and on-wing lease in addition to short-term rentals, benefiting customers who want to manage expenses, reduce costs, and prolong aircraft lifespan.


  • Ongoing
  • 2024
  • 2019-2023
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