Aircraft Turbofan Engine Market Share, CAGR Value Growth Analysis By 2027
The airline industry is among the fastest growing industries across the globe, however, it generates a number of harmful compounds such as nitrogen dioxides (NOx), volatile organic compounds (VOCs), carbon monoxide (CO), black carbon (BC), and organic carbon (OC) apart from CO2. This has evoked major concern among various regulatory authorities to curb air pollution caused by aircraft. Various regulations have been enacted which are aimed at reducing aircrafts emissions, and such mandates encourage the adoption of aircraft turbofan engine which consequently boosts the growth of the market.
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