Aircraft Propeller Systems Market - Segmented by End User (Original Equipment Manufacturer (OEM), Aftermarket), Application (Commercial, Military, General Aviation) and Geography - Growth, Trends and Forecast (2018 - 2023)

  • ID: 4663618
  • Report
  • 124 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2018
1 of 4
Overview

Aircraft propeller is one of the essential parts of the aircraft propulsion system that gives the necessary thrust for the aircraft to travel in the air. It consists of two or more blades joined collectively by a hub. As engine rotate the blades of aircraft propeller system generates lift (thrust) and this thrust enables the aircraft to move forward. With the increasing turboprop aircraft procurements by regional airlines for commercial purposes, aircraft propeller systems market is expected to grow at CAGR of over 4% during the forecast period.

Adaptation of Electric Technologies for Improving Efficiency

With the main goal of cost savings and to improve planes’ fuel economy, advanced technologies have developed new engines are being deployed that are not intended only to provide a means to go faster or be more fuel efficient. One of the leading company in aircraft propeller systems, UTC Aerospace Systems has developed next-generation NP2000 propeller system that will have eight composite blades and enhanced electronic control system that increases the thrust and reduces the vibration and interior noise. It also allows operators to replace and remove individual blades on-wing, without removing the entire propeller system.

General Aviation

Based on the application, the market is segmented into commercial, military and general aviation. The increasing general aviation aircraft, advanced propeller features are manufactured with an enhanced aerodynamic design. In the year 2017, a total of 563 turboprop aircraft were delivered, and this number is further expected to increase during the forecast period that will generate the demand for aircraft propeller systems. This is also boosted by the increasing demand for sports aircraft that have lightweight and better aerodynamic design for better maneuvering.

In North America, there were a total of 1,722 general aviation airplane shipments in the year 2017 with turboprop aircraft deliveries having a market share of 54.2%. The US is leading country in North America with the highest market share during the forecast period due to increasing aircraft procurements and also due to the presence of major propeller systems manufacturers who design and manufacture new and advanced propeller systems.

Recent Developments:

Jul 2018: UTC Aerospace Systems has announced that it has been awarded a contract by the US Navy's Naval Air Systems Command (NAVAIR) to support NP2000 propeller upgrades for 24 Lockheed Martin C/KC-130T aircraft. Also the company announced that it has completed 9 of 12 contracted C-130H propeller upgrades for the Air National Guard (ANG). The total value of the NAVAIR and ANG contracts exceeds USD 140 million and were awarded through the NATO Support and Procurement Agency (NSPA).

Jul 2018: Austria’s Diamond Aircraft Industries displayed its new DART-550 turboprop aerobatic trainer for the first time at Farnborough International Airshow. The aircraft has completed its first flight in May, leading a contingent of the company’s general aviation and special mission aircraft. Similar to the DART 450 civilian and military aerobatic trainer, the 550, incorporates an electronic engine and propeller control system, Martin Baker MK16 ejection seats, Garmin G3000 avionics suite, and a 550-hp General Electric GE H75-100 engine.

Jul 2018: The National Aeronautics and Space Administration (NASA) has announced that the remotely-piloted Ikhana unmanned aircraft has completed its first flight within the National Airspace System (NAS) without the use of safety chase aircraft. This aircraft is an MQ-9 Predator B unmanned aircraft system (UAS) that was initially acquired in November 2006 to serve in Earth science missions and advanced aeronautical technology development. This UAV is powered by a Honeywell TPE331 turboprop engine with digital electronic engine control and a three-blade constant-speed propeller enabling control of the aircraft at higher altitudes (greater than 40,000 feet) that can be easily disassembled from the main modular unit.

Reasons to Purchase the Report:
  • Analysing various perspectives of the market with the help of Porter’s Five Forces Analysis
  • Detailed analysis of the segment that is expected to register the highest growth rate
  • Study of the region and country that are expected to dominate the market
  • Identifying the latest developments, market shares and strategies employed by the major market players
  • 3-months analyst support, along with the Market Estimate Sheet (in Excel)
Customization of the Report

This report can be customized to meet your requirements. Please connect with our Customer Service team, who will ensure you get a report that suits your needs.
READ MORE
Note: Product cover images may vary from those shown
2 of 4
1. INTRODUCTION
1.1 Scope of Study
1.2 Market Definition
1.3 Executive Summary

2. RESEARCH METHODOLOGY
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Phases

3. MARKET INSIGHTS
3.1 Current Market Scenario
3.2 Technology Trends
3.3 Industry Attractiveness - Porter's Five Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Competitive Rivalry within the industry

4. MARKET DYNAMICS
4.1 Drivers
4.2 Restraints
4.3 Opportunities

5. AIRCRAFT PROPELLER SYSTEM MARKET - SEGMENTED BY APPLICATION
5.1 Commercial
5.2 Military
5.3 General Aviation

6. AIRCRAFT PROPELLER SYSTEM MARKET - SEGMENTED BY END USER
6.1 Original Equipment Manufacturer (OEM)
6.2 Aftermarket

7. AIRCRAFT PROPELLER SYSTEM MARKET - SEGMENTED BY GEOGRAPHY
7.1 North America
7.1.1 US
7.1.2 Canada
7.1.3 Rest of North America
7.2 Europe
7.2.1 UK
7.2.2 France
7.2.3 Germany
7.2.4 Italy
7.2.5 Russia
7.2.6 Rest of Europe
7.3 Asia Pacific
7.3.1 China
7.3.2 India
7.3.3 Japan
7.3.4 Australia
7.3.5 Rest of Asia Pacific
7.4 South America
7.4.1 Brazil
7.4.3 Rest of South America
7.5 Middle-East and Africa
7.5.1 Saudi Arabia
7.5.2 UAE
7.5.3 South Africa
7.5.4 Rest of Middle-East and Africa

8. COMPETITIVE LANDSCAPE
8.1 Introduction
8.2 Market Share Analysis

9. COMPANY PROFILES
9.1 United Technologies Corporation
9.2 Dowty Propellers (General Electric Company)
9.3 McCauley Propellers (Textron Inc.)
9.4 Airmaster Propellers
9.5 MT-Propeller
9.6 Hartzell Propeller Inc.
9.7 GSC Systems Ltd.
9.8 Jabiru Aircraft
9.9 Peter de Necker
9.10 Aerosila
9.11 WhirlWind Propellers
9.12 Sensenich Propellers
9.13 Hercules Propellers
9.14 FP propeller

10. FUTURE MARKET OUTLOOK

11. DISCLAIMER
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
Note: Product cover images may vary from those shown
Adroll
adroll