The global Turboprop Aircraft Propeller System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A turboprop engine are used for the propulsion of the aircraft propeller, it is usually a turbine engine. The Aircraft Turboprop Propeller System in contrast to a turbojet does not uses the energy from exhaust gases to create the thrust as it utilizes all the engine? power to drive the propellers.
This report aims to provide a comprehensive presentation of the global market for Turboprop Aircraft Propeller System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Turboprop Aircraft Propeller System. This report contains market size and forecasts of Turboprop Aircraft Propeller System in global, including the following market information:
- Global Turboprop Aircraft Propeller System Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Turboprop Aircraft Propeller System Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Turboprop Aircraft Propeller System companies in 2022 (%)
One of the major drivers for this market is Preference for turboprop aircraft to cater to regional passenger traffic. Global air travel has changed significantly over the past decade with major improvements in associated technologies. The continuous adoption of LCCs and their increased penetration in emerging economies have made air travel more accessible. APAC has been witnessing robust growth in air travel, which is mostly driven by the rapid penetration of LCCs or the no-frills business model. India, China, and Japan are expected to register the highest increase in passenger traffic in the next 20 years, which will also reflect the induction of new generation turboprop aircraft to serve regional connectivity.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Turboprop Aircraft Propeller System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Turboprop Aircraft Propeller System Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Turboprop Aircraft Propeller System Market Segment Percentages, by Type, 2022 (%)
- Composite-Based Propellers
- Aluminum-Based Propellers
Global Turboprop Aircraft Propeller System Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Turboprop Aircraft Propeller System Market Segment Percentages, by Application, 2022 (%)
- Commercial
- Military
- Others
Global Turboprop Aircraft Propeller System Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Turboprop Aircraft Propeller System Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Turboprop Aircraft Propeller System revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Turboprop Aircraft Propeller System revenues share in global market, 2022 (%)
- Key companies Turboprop Aircraft Propeller System sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Turboprop Aircraft Propeller System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- AEROSILA
- Dowty Propellers
- Hartzell Propeller
- United Technology Corporation (UTC)
- AVIA PROPELLER
- MT-Propeller Entwicklung
- HOFFMANN PROPELLER
- McCauley Propeller Systems
Outline of Major Chapters:
Chapter 1: Introduces the definition of Turboprop Aircraft Propeller System, market overview.
Chapter 2: Global Turboprop Aircraft Propeller System market size in revenue and volume.
Chapter 3: Detailed analysis of Turboprop Aircraft Propeller System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Turboprop Aircraft Propeller System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Turboprop Aircraft Propeller System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
