Aircraft Propeller System Market expected to be valued at $329.9 Million by 2022

The Aircraft Propeller System Market is estimated to be USD 246.6 Million in 2017 and is projected to reach USD 329.9 Million by 2022, at a CAGR of 5.99% during the forecast period from 2017 to 2022. The base year that has been considered for this study on the aircraft propeller system market is 2016 and the forecast period is from 2017 to 2022.

The ecosystem of the aircraft propeller system market comprises manufacturers, component and system suppliers, aftermarket operators, and technology support providers.

The blades component segment is expected to lead the aircraft propeller system market during the forecast period.

Based on component, the aircraft propeller system market has been segmented into blades, hubs, spinners, and others. The blades component segment is expected to lead the aircraft propeller system market during the forecast period from 2017 to 2022. Based on material, the blades component segment of the market has been further classified into metal, composite, and wood.

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Target Audience:

• Manufacturers/Suppliers of Aircraft Propeller System Components
• Original Equipment Manufacturers (OEMs)
• Subsystem Manufacturers
• Aftermarket Operators
• Ministries of Defense of Different Countries
• Technology Support Providers
• Global Aviation Industry
• Scientific Research Centers

Hartzell Propeller (US), MT-Propeller (Germany), Dowty Propellers (UK), McCauley Propeller Systems (US), Airmaster Propellers (New Zealand), FP Propeller S.r.l. (Italy), and Ratier-Figeac (France) are some of the established players in the aircraft propeller system market. These leading players offer systems, products, and services based on advanced technologies. They also provide a broad range of engineering, technical, aftermarket, refurbishment, and information services for aircraft propeller systems.

Scope of the Report:

Aircraft Propeller System Market, by End-use Industry

• Original Equipment Manufacturer (OEM)
• Aftermarket (Aircraft Type and Solution)

• by Aircraft Type

• Military Aircraft (Engine Type [Turboprop Engine and Piston Engine])
• Civil & Commercial Aircraft (Engine Type [Turboprop Engine and Piston Engine])

• by Propeller Type

• Fixed Pitch Propeller
• Varying Pitch Propeller (Constant Speed Propeller, Controllable Pitch Propeller, Full Feathering Pitch Propeller, and Others)

• by Component

• Blades
• Hubs
• Spinners
• Others

• by Region

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

The military aircraft type segment is projected to lead the aircraft propeller system market from 2017 to 2022.

Different types of military aircraft are operated under extreme conditions during critical defense missions or rescue operations. Aircraft propellers of military aircraft have a high tolerance against wear and tear to meet specific performance requirements. Since the quality of propellers with ultra-high performance and high durability plays a key role in military aircraft, the key players in the aircraft propeller system market are focusing on carrying out innovations in designs of their aircraft propellers systems. As the manufacturing costs of military aircraft are higher than commercial aircraft, the market for aircraft propellers used in military aircraft is expected to witness significant growth between 2017 and 2022.

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