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Aircraft Propeller Systems Market, Global Outlook and Forecast 2023-2029

Aircraft Propeller Systems Market, Global Outlook and Forecast 2023-2029

  • Published on : 06 June 2023
  • Pages :75
  • Report Code:SMR-7704854

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Report overview

Aircraft propeller is a part of the aircraft propulsion system which provides the thrust essential for the aircraft to move in the air. Aircraft propeller consists of two or more blades connected together by a hub. The blades of aircraft propeller are in the shape of an airfoil. When engine rotates the blades of aircraft propeller system produce lift, also known as thrust. This thrust enables the aircraft to move forward.
This report aims to provide a comprehensive presentation of the global market for Aircraft Propeller Systems, 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 Aircraft Propeller Systems. This report contains market size and forecasts of Aircraft Propeller Systems in global, including the following market information:
  • Global Aircraft Propeller Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Aircraft Propeller Systems Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Aircraft Propeller Systems companies in 2022 (%)
The global Aircraft Propeller Systems market was valued at US$ 210.9 million in 2022 and is projected to reach US$ 281.5 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increase in demand for light-weight and fuel-efficient aircraft in the recent years and also for special light-sport aircraft (SLSA) are estimated to drive the aircraft propeller system market in the next few years. Extensive efforts have been made by researchers and technologists to improve the design of the blades used in the aircraft propeller system and to increase the efficiency of the system in order to reduce the consumption of fuel. Rise in demand for turboprop engine aircraft for military, civil, and commercial applications in the recent years is anticipated to promote the growth of the aircraft propeller system market during the forecast period. However, the manufacturing cost of aircraft propeller system and the maintenance cost of turboprop engine aircraft are high. Another drawback is that the light-sport aircraft (LSA) provides seating space for no more than two people. Efficiency of turboprop engine aircraft declines at high altitude. Furthermore, stringent regulations and norms have been imposed on the design of the blades used in the aircraft propeller system in order to ensure safe operations. These drawbacks are anticipated to hinder the growth of the aircraft propeller system market in the near future.
We surveyed the Aircraft Propeller Systems 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 Aircraft Propeller Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Aircraft Propeller Systems Market Segment Percentages, by Type, 2022 (%)
  • Fixed Pitch Propeller System
  • Varying Pitch Propeller System
Global Aircraft Propeller Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Aircraft Propeller Systems Market Segment Percentages, by Application, 2022 (%)
  • Military
  • Civil
  • Commercial
Global Aircraft Propeller Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Aircraft Propeller Systems Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:
  • Key companies Aircraft Propeller Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Aircraft Propeller Systems revenues share in global market, 2022 (%)
  • Key companies Aircraft Propeller Systems sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Aircraft Propeller Systems sales share in global market, 2022 (%)

key players include:

  • Hartzell Propeller
  • Dowty Propellers
  • MT-Propeller
  • McCAULEY
  • Airmaster Propellers
  • FP Propeller
  • Ratier-Figeac
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Aircraft Propeller Systems, market overview.
  • Chapter 2: Global Aircraft Propeller Systems market size in revenue and volume.
  • Chapter 3: Detailed analysis of Aircraft Propeller Systems 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 Aircraft Propeller Systems 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 Aircraft Propeller Systems 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.