The global aircraft engine blade market was valued at USD 13.5 billion in 2024 and is projected to grow from USD 13.8 billion in 2025 to USD 20.8 billion by 2032, registering a compound annual growth rate (CAGR) of 6.06% during the forecast period. In 2024, North America dominated the market, accounting for a 33.33% share, driven by robust aerospace manufacturing capabilities and early adoption of advanced engine technologies.
https://www.fortunebusinessinsights.com/aircraft-engine-blade-market-113009
Increasing Commercial Air Travel and Technological Advancements to Fuel Market Growth
The aircraft engine blade market is experiencing steady growth due to a rising number of commercial flights, increasing demand for fuel-efficient engines, and greater investments in next-generation turbine technologies. Engine blades, essential for propelling aircraft, are now manufactured with advanced materials such as titanium alloys, nickel-based alloys, and composites to enhance performance and thermal resistance.
Moreover, engine OEMs are actively integrating AI-driven inspection systems, predictive maintenance, and 3D printing for blade production to ensure improved reliability and reduced turnaround time. These innovations are expected to transform manufacturing and maintenance practices across both commercial and military sectors.