Scope of the Study
The increase in the aviation industry will help to boost the global Airplane Propeller market in the forecasted period. An airplane propeller is a part of the aircraft propulsion system which provides the thrust essential for the aircraft to move in the air. The rising utilization of unmanned aerial vehicles within different military applications beyond the globe and the growing amount of deliveries of particular light-sport aircraft (SLSA) across the globe are propelling the market growth.
The market study is being classified by Type (Fixed Pitch Propeller and Varying Pitch Propeller), by Application (Military Aircraft and Civil & Commercial Aircraft) and major geographies with country level break-up.
McCauley Propeller Systems (United States), Airmaster Propellers (New Zealand), FP Propeller S.r.l. (Italy), Hartzell Propeller (United States), MT-Propeller (Germany), Dowty Propellers (United Kingdom), Ratier-Figeac (France), Aerosila (Russia), United Technology Corporation (UTC) (United States) and AVIA PROPELLER (Czechia) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Hercules Propellers (United Kingdom).
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA predicts that European Manufacturers will contribute to the maximum growth of Global Airplane Propeller market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Airplane Propeller market by Type, Application and Region.
On the basis of geography, the market of Airplane Propeller has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Need for Fuel-Efficient as well as Light Weight Aircraft
- Rising Numer of Unmanned Aerial Aircraft
- Growing Number of Deliveries of Special Light-Sport Aircraft (SLSA), across the World
- The Emergence of Passenger Drones
- The High Cost of the Airplane Propeller System
- Technological Advancement in Solar Power Aircraft
- Stringent Government Regulation to Ensure Safe Operations
Market Leaders and their expansionary development strategies
On 20th June 2019, Avio Aero and MT-Propeller have signed an agreement to collaborate in the military turboprop market, offering an integrated engine-propeller system.
Key Target AudienceAirplane Propeller Manufactures, Airplane Propeller Suppliers and Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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