Aeroengine Fan Blades Market Projected to Reach US$ 8.1 Billion in 2023

The global aeroengine fan blades market is projected to grow at a healthy rate over the next five years to reach US$ 8,059.8 million in 2023. Organic growth of the aircraft industry, increasing share of wide-body aircraft in commercial aircraft deliveries, increasing penetration of composite fan blades in newer aircraft engines, increasing fan diameters of newer aircraft, and an expected increase in production of LEAP engines, are the key growth drivers of aeroengine fan blades market.