Aircraft Propeller System Market to offer a healthy CAGR of 7.2% during 2020-25
February 13, 2020
Aircraft Propeller System Market Overview:
Aircraft propeller system market is likely to witness an impressive CAGR of 7.2% during the forecast period. Rising demand for lightweight and fuel-efficient aircraft and mounting number of deliveries of Special Light-Sport Aircraft (SLSA) are estimated to drive the growth of the global aircraft propeller system market.
The claim for different types of civil & commercial aircraft is expected to register significant growth rate in the coming five years. Different types of utility aircraft are employed to transport passengers and cargoes from one place to another cost-effectively. These aircraft are installed with the modern and advanced propeller systems resulting in short take-off distance needed by them, along with enhanced cruising speed and control. Further, propeller-based aircraft deliver outstanding lifting capabilities and are extremely fuel-efficient.
Report Overview:
This new report from Stratview Research analyses the Aircraft Propeller System Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/626/aircraft-propeller-system-market.html
Aircraft Propeller System Market Segment Insights:
A highly/moderately/fragment consolidated Market
Some of the major players in the aircraft propeller system market are Airmaster Propellers Ltd., Aerosila, Dowty Propellers, FP-propeller Srl, Hartzell Propeller, Hélices E-Props, Hercules Propellers Ltd., MT-Propeller Entwicklung GmbH, and McCauley Propeller Systems.
Regional Hegemony of North America & the dominance of Blades Component
In terms of regions, the North American region was expected to be the largest market for aircraft propeller systems in 2018. The aircraft propeller system market is estimated to depict substantial growth in the Asia-Pacific region in the coming five years owing to the rising demand for fuel-efficient turboprop engine aircraft. Further, the growing demand for varying pitch propeller-based aircraft from the emerging economies is also expected to propel the growth of the Asia-Pacific aircraft propeller system market during the forecast period. Countries such as China, Brazil, and India have enormous growth potential for the aircraft propeller system market as governments of these countries have paced up their defense expenditure to boost their civil & commercial and military aircraft fleet.
Based on the component type, the market is segmented as blades, hubs, spinners, and others. The blades component segment was expected to hold the largest share of the market in 2018. The growth of this segment is owing to the rising use of composites to engineer propeller blades. The hubs component segment is estimated to register the highest growth during the forecast period.
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176