Flight Propulsion Systems Market in India, Industry Outlook and Forecast 2024-2030

A flight propulsion system generally consists of an aircraft engine and some means to generate thrust, such as a propeller or a propulsive nozzle. An flight propulsion system must achieve two things. First, the thrust from the propulsion system must balance the drag of the airplane when the airplane is cruising. And second, the thrust from the propulsion system must exceed the drag of the airplane for the airplane to accelerate. In fact, the greater the difference between the thrust and the drag, called the excess thrust, the faster the airplane will accelerate.

This report contains market size and forecasts of Flight Propulsion Systems in India, highlights the following information:

Sales of Flight Propulsion Systems in India: Value 2019 VS 2023 VS 2030, ($ millions)

Sales of Flight Propulsion Systems in India: Volume 2019 VS 2023 VS 2030, (Units)

Sales of Flight Propulsion Systems in India: Revenue Market Share by Company, 2019-2024

Sales of Flight Propulsion Systems in India: Volume Market Share by Company, 2019-2024

India is now the world’s most populous country. According to IMF (its July update to its World Economic Outlook), India’s GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Flight Propulsion Systems will continue to grow rapidly in the future.

The global Flight Propulsion Systems market size was valued at 168140 million in 2023 and is forecast to a readjusted size of US$ 267930 million by 2030, with a CAGR of 6.8% during the forecast period 2024-2030.While the India Flight Propulsion Systems market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. India will account for % percent of Flight Propulsion Systems's global value in 2030, from % in 2023.

Our research team has surveyed the Flight Propulsion Systems manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, Value, demand, price change, product matrix, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

India Flight Propulsion Systems Market, By Type, 2019-2024, 2025-2030 ($ Millions) & (Units)

India Flight Propulsion Systems Market Segment Percentages, By Type, 2023 (%)

Air Breathing Engines

Non-Air Breathing Engines

India Flight Propulsion Systems Market, By Application, 2019-2024, 2025-2030 ($ Millions) & (Units)

India Flight Propulsion Systems Market Segment Percentages, By Application, 2023 (%)

Aircraft

Spacecraft

Missiles

Unmanned Aerial Vehicle

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Flight Propulsion Systems revenues in India market, 2019-2024 (Estimated), ($ millions)

Key companies Flight Propulsion Systems sales in India market, 2019-2024 (Estimated), (Units)

Further, the report presents profiles of competitors in the market, key players include:

CFM

General Electric Company

Rolls-Royce Holdings

United Technologies

Safran

Honeywell

GKN Aerospace

MTU Aero Engines

United Engine Corporation

Aero Engine Corporation of China