Aircraft Engine Ceramic Matrix Composite (CMC) Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 3.2 Billion by 2030, growing at a CAGR of 12.7% from 2024 to 2030.
From 2023 to 2033, the aircraft engine CMC market outlook is poised for even more remarkable growth. The push for greener, more energy-efficient aircraft will continue to drive demand for advanced CMCs, as they offer significant advantages over traditional metal alloys in terms of fuel efficiency, reduced maintenance costs, and increased operational performance. Aircraft manufacturers are increasingly looking to incorporate CMCs in both engine components and other critical systems, such as turbine blades and heat shields, to reduce overall weight and enhance durability.
Furthermore, the transition to next-generation engines, such as those found in upcoming wide-body aircraft and fighter jets, will see a rise in the adoption of ceramic matrix composites. These materials provide a distinct advantage when it comes to enhancing engine longevity and optimizing thermal efficiency. This aligns perfectly with the growing demand for sustainability in the aviation sector. Industry players are investing heavily in research and development to refine CMC manufacturing processes, ensuring these advanced materials are more cost-effective and widely applicable in various aerospace applications.
As we look toward the next decade, the aircraft engine CMC market is expected to witness an expansion of its application scope, encompassing more commercial aircraft, military jets, and even unmanned aerial vehicles (UAVs). The increasing need for lightweight and high-performing engines will only propel the demand for CMCs in the coming years. Companies that specialize in CMC production are focusing on improving their technological capabilities, including increasing the scale of production, which will likely reduce material costs and make CMCs more accessible to a wider range of customers.
Get an In-Depth Research Analysis of the Global Aircraft Engine Ceramic Matrix Composite (CMC) Market Size And Forecast [2025-2032]
The aircraft engine ceramic matrix composite (CMC) market has experienced a substantial shift in recent years, with rapid advancements in materials technology and increased demand for fuel-efficient, high-performance engines. Between 2018 and 2022, the market saw significant growth, driven by innovations in engine design and a growing emphasis on reducing aircraft weight and fuel consumption. CMC materials, known for their ability to withstand extreme temperatures and pressures, became a key component in the development of next-generation aircraft engines. As a result, demand surged in the aerospace industry, particularly in commercial and military sectors.
GE Aviation
Safran
Rolls-Royce Group
CoorsTek
COI Ceramics
BJS Ceramics GmbH
Composites Horizons
Ultramet
WPX Faser Keramik
Applied Thin Films
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aircraft Engine Ceramic Matrix Composite (CMC) Market
Civil Aircraft
Military Aircraft
Based on Types the Market is categorized into Below types that held the largest Aircraft Engine Ceramic Matrix Composite (CMC) market share In 2023.
Oxide
Silicon Carbide
Carbon
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aircraft Engine Ceramic Matrix Composite (CMC) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aircraft Engine Ceramic Matrix Composite (CMC) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aircraft Engine Ceramic Matrix Composite (CMC) Market, By Type
6. Global Aircraft Engine Ceramic Matrix Composite (CMC) Market, By Application
7. Global Aircraft Engine Ceramic Matrix Composite (CMC) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Aircraft Engine Ceramic Matrix Composite (CMC) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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