Global Aircraft Propeller System Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. A propeller is used to convert the power generated by an engine into propulsive thrust that moves the aircraft through the air. There are many types of propulsion systems which develop thrust in different way usually generated through the application of Newton's Third Law of motion. The propeller is consisted of two or more blades connected together through a hub which serves to connect the blades to the engine shaft.
Technological developments, service life of the propulsion system more reliable and contributes to reducing its weight and its maintainability in aviation sectors are boosting the growth of the global aircraft propeller system market. moreover, increase in the number of aircrafts and increasing passenger traffic are also expected to fuel the growth of the market. However, lack of low-cost &backlog in traditional aircraft propeller may hinder the growth of the market. Furthermore, ongoing research & development and opportunities in fuel efficient Aircraft Propeller System from various industries from emerging economies would provide growth in the upcoming years.
The global aircraft propeller system market is segmented based on the aircraft type, propeller type, component, end user and geography. Aircraft type segment can be further segmented into military aircraft and civil & commercial aircraft. Propeller type segment is divided into fixed pitch propeller and varying pitch propeller segment. End user type segment is divided into OEM and aftermarket. Component type segment can be further segmented into blades, hubs, spinners and others.
The global aircraft propeller system market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Italy and others. Asia-Pacific covers China, India, Japan, Australia, and others. RoW covers South America, Middle East and Africa.
Major companies operating in the global Aircraft Propeller System market are Hartzell Propeller, Mt-Propeller, Dowty Propellers, Mccauley Propeller, Airmaster Propellers, Hélices E-Props, FpPropeller, Ratier-Figeac, Whirlwind Propellers, Sensenich PropellerandHercules Propellersamong others.
The key takeaways from the report
Scope of Aircraft Propeller System Market
Aircraft Type Segments
Propeller Type Segments
End User Segments