Aircraft Propeller System Global Market Report 2023: Surging Demand for Lightweight and Fuel-Efficient Aircraft Boosts Growth


Dublin, April 25, 2023 (GLOBE NEWSWIRE) -- The "Aircraft Propeller System - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Aircraft Propeller System Market to Reach $395 Million by 2030

In the changed post COVID-19 business landscape, the global market for Aircraft Propeller System estimated at US$298.9 Million in the year 2022, is projected to reach a revised size of US$395 Million by 2030, growing at a CAGR of 3.5% over the analysis period 2022-2030. Variable Pitch, one of the segments analyzed in the report, is projected to record 3.8% CAGR and reach US$309.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fixed Pitch segment is readjusted to a revised 2.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $81.4 Million, While China is Forecast to Grow at 6.2% CAGR

The Aircraft Propeller System market in the U.S. is estimated at US$81.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$81.2 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Select Competitors (Total 16 Featured) -

  • Aerosila
  • Airmaster Propellers Ltd.
  • Dowty Propellers
  • Fp Propeller Srl
  • Hartzell Propeller Inc.
  • Hercules Propellers Ltd.
  • McCauley Propeller Systems
  • MT-Propeller Entwicklung GmbH
  • Ratier-Figeac
  • Sensenich Propeller Manufacturing Co., Inc.
  • Whirlwind Propellers

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages231
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$298.9 Million
Forecasted Market Value (USD) by 2030$395 Million
Compound Annual Growth Rate3.5%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Precision, Wear-Resistance and Durability Advantages Make Propeller Systems a Must-Have Element in Military, Civil and Commercial Aircrafts
  • Rising Number of Aircraft Deliveries: Business Case for Aircraft Propeller Systems Market
  • Global Aircraft Deliveries for the Years 2018 and 2020
  • Global Plane Deliveries for the Period 2013 to 2017
  • Narrow-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
  • Wide-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
  • Number of New Commercial Aircraft Deliveries by Size for the Period 2018-2037
  • Global Aircraft Fleet: Number of Deliveries for the Years 2018, 2020, 2024 and 2028
  • Turboprop Aircraft Propeller System: The Fastest Growing Sub-Category
  • Aircraft Propeller System - Global Key Competitors Percentage Market Share in 2022 (E)
  • Global Turboprop Aircraft Propeller Systems Market: Percentage Share Breakdown of Sales by Leading Players for the Year 2019E
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Surging Demand for Lightweight and Fuel-Efficient Aircraft Boosts Growth of Aircraft Propeller Systems Market
  • Global Ultralight and Light Aircraft Market Aircraft: Breakdown of Revenues in US$ Billion by Region for the Years 2018, 2020, 2022 and 2024
  • Increasing Demand for UAVs in Military and Civil Sectors Drives Market Growth
  • Global Unmanned Aerial Vehicles (Military Drones) Market: Breakdown of Revenues in US$ Million by Type for the Years 2019 and 2025
  • Global Civil UAS Market: Annual Production in Units for the Years 2018, 2020, 2022, 2024 and 2026
  • Increasing Number of Deliveries of Special Light-Sport Aircraft (SLSA)
  • Aircraft Propeller Systems to Find Increasing Adoption in Solar-Powered Aircraft: A Futuristic Opportunity
  • Propeller Vibration Trend Monitoring, 3D Printed Propellers and Other Unique Technology Advancements to Drive Significant Market Growth
  • Product Overview
  • Aircraft Propeller System: An Overview

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

  • Aerosila
  • Airmaster Propellers Ltd.
  • Dowty Propellers
  • Fp Propeller Srl
  • Hartzell Propeller Inc.
  • Hercules Propellers Ltd.
  • McCauley Propeller Systems
  • MT-Propeller Entwicklung GmbH
  • Ratier-Figeac
  • Sensenich Propeller Manufacturing Co., Inc.
  • Whirlwind Propellers

For more information about this report visit https://www.researchandmarkets.com/r/m7msaz

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Global Market for Aircraft Propeller System

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