The global aircraft propeller market is expected to grow at a CAGR of 5.5% during the forecast period from 2018-2028, which will lead to an estimated revenue of US$112 billion by 2028. This report studies the global aircraft propeller market in terms of value and volume. On the basis of type, this report covers blades, hubs, spinners and others; on the basis of application it analyzes military aircraft as well as civil and commercial aircraft; while on the regional level it analyses North America (US), Latin America (Brazil), Europe (Germany), Asia Pacific (China) and Middle East & Africa (Saudi Arabia).
An aircraft propeller is a device that creates thrust by rotating around a horizontal axis. It may be fixed or rotatable, though the most common forms of aircraft propellers are fixed-pitch and constant speed types. Aircraft engines typically produce more power than is needed to drive the compressor at design conditions; this excess power can be used to propel a single prop or multiple props in order for an engine to operate over its range without exceeding temperature limitations.
There are two main places on an airplane where we will find one or more propellers - these include near the nose (or front) and under each wing (on either side). Propellers act like airfoils and when they rotate, they cause velocity changes which create an airflow that we call thrust.
Aircraft propellers are typically categorized by the number of blades, and they can be fixed-pitch or constant speed types. Fixed pitch means that there is a set amount of lift generated at all times regardless of engine RPMs (revolutions per minute) while in contrast to this, Constant Speed propeller design has variable blade angles which will change as necessary in order to maintain optimal throttle settings for efficiency under varying conditions such as altitude changes.
On the basis of type, the global aircraft propeller market is segmented into blades, hubs, spinners, and others.
Typical blades type aircraft propellers are the most common one and is used in military as well as commercial applications. Blades-type aircraft propeller has a spinning hub with two or more airfoils (blades) that propel air to generate thrust, which may be curved depending on their design. Hubs can have anywhere from four up to nine blades though there exist variations of this design too. The size of these types of props depend largely on the power requirements for propulsion they require for an aircraft's engine; larger diameter engines need bigger blades than smaller ones do.
Hubs-type aircraft propellers are mechanical components that convert rotation from the engine to the rotational motion of the blades. These hubs have been used in engines for many years and they can be found on traditional piston-engine powered airplanes, as well as turboprop propulsion systems. Hubs also allow pilots to adjust airflow around them while taking off, flying level at high altitude, maneuvering during take-offs and landings as well as controlling speed with throttles. They have a three-bladed propeller rotating about three axes: one horizontal axis at right angles to both vertical axes.
spinners are the aircraft propeller type which includes blades and hub. spinners have a higher efficiency than conventional or traditional types of aircraft propellers, mainly due to their ability to use less power in order for it to perform at its maximum level while maintaining good performance. this is because they do not need as much torque from the engine since they possess a higher spin rate.
On the basis of application, the global aircraft propeller market is segmented into military aircraft, civil & commercial aircraft.
The military aircraft segment is mainly used for defense purposes. It includes the use of propellers in attack helicopters, fighter jets and bomber planes to provide thrust and control during takeoff, landing as well as maneuvering.
The civil & commercial aircraft application of aircraft propeller is the market with the highest demand in the global aviation industry.The civil application of aircraft propeller is for general aviation. General aviation includes all non-commercial flights, such as corporate jets and private planes. It also encompasses commercial passenger airliners that do not carry cargo or mail aboard the plane. So a typical form of aircraft propeller would be used in this sector to generate thrust on an airplane's engine which helps it fly forward.
On the basis of region, the global aircraft propeller market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa. in 2017, North America accounted for the largest share of the global aircraft propeller market. this is attributed to high demand for military and civil/commercial aircraft throughout the region. the civil/commercial aircraft segment in North America has been witnessing a steady increase due to increasing demand for regional and long-distance flights.
In 2017, Asia Pacific is expected be fastest growing region owing to high market penetration of military aircrafts as well as strong economic development in emerging economies such as India and China among others. This growth will further fuel the manufacturing process which leads to an increased production volume.
-Increasing demand for North American civil & commercial aircrafts in the next five years.
-Asia Pacific region is expected to dominate the global propeller market by 2028.
-Rapid growth in the Middle East & Africa region.
-Increased demand for different types of propellers, such as blades and spinners.
Up Market Research published a new report titled “Aircraft Propeller Market research report which is segmented by Types (Blades, Hubs, Spinners, Others), By Applications (Military Aircraft, Civil & Commercial Aircraft), By Players/Companies Hartzell Propeller, AEROSILA, United Technology Corporation (UTC), Dowty Propellers, Hoffmann Propeller, AVIA Propeller, McCauley Propeller Systems, MT-Propeller Entwicklung”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Aircraft Propeller Market Research Report|
|By Type||Blades, Hubs, Spinners, Others|
|By Application||Military Aircraft, Civil & Commercial Aircraft|
|By Companies||Hartzell Propeller, AEROSILA, United Technology Corporation (UTC), Dowty Propellers, Hoffmann Propeller, AVIA Propeller, McCauley Propeller Systems, MT-Propeller Entwicklung|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||243|
|Number of Tables & Figures||171|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Blades, Hubs, Spinners, Others and By Application Military Aircraft, Civil & Commercial Aircraft.
Some of the companies that are profiled in this report are:
Aircraft Propeller Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Aircraft Propeller Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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