DUBLIN--(BUSINESS WIRE)--The "Aircraft Propeller System - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The 281-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Aircraft Propeller System Market to Reach $375 Million by 2027
Amid the COVID-19 crisis, the global market for Aircraft Propeller System estimated at US$268.9 Million in the year 2020, is projected to reach a revised size of US$375 Million by 2027, growing at a CAGR of 4.9% over the period 2020-2027.
Military, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$198.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Civil & Commercial segment is readjusted to a revised 4.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $72.9 Million, While China is Forecast to Grow at 7.5% CAGR
The Aircraft Propeller System market in the U.S. is estimated at US$72.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$76.8 Million by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.
Competitors identified in this market include, among others:
- Airmaster Propellers Ltd.
- Dowty Propellers
- FP Propeller Srl
- Hartzell Propeller Inc.
- Hercules Propellers Ltd.
- McCauley Propeller Systems
- MT-Propeller Entwicklung GmbH
- Sensenich Propeller Manufacturing Co. Inc.
- Whirlwind Propellers
Total Companies Profiled: 44
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Precision, Wear-Resistance and Durability Advantages Make Propeller Systems a Must-Have Element in Military, Civil and Commercial Aircrafts
- Rising Number of Aircraft Deliveries: Business Case for Aircraft Propeller Systems Market
- Global Aircraft Deliveries for the Years 2018 and 2020
- Global Plane Deliveries for the Period 2013 to 2017
- Narrow-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
- Wide-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
- Number of New Commercial Aircraft Deliveries by Size for the Period 2018-2037
- Global Aircraft Fleet: Number of Deliveries for the Years 2018, 2020, 2024 and 2028
- Turboprop Aircraft Propeller System: The Fastest Growing Sub-Category
- Global Competitor Market Shares
- Aircraft Propeller System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Global Turboprop Aircraft Propeller Systems Market: Percentage Share Breakdown of Sales by Leading Players for the Year 2019E
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Surging Demand for Lightweight and Fuel-Efficient Aircraft Boosts Growth of Aircraft Propeller Systems Market
- Global Ultralight and Light Aircraft Market Aircraft: Breakdown of Revenues in US$ Billion by Region for the Years 2018, 2020, 2022 and 2024
- Increasing Demand for UAVs in Military and Civil Sectors Drives Market Growth
- Global Unmanned Aerial Vehicles (Military Drones) Market: Breakdown of Revenues in US$ Million by Type for the Years 2019 and 2025
- Global Civil UAS Market: Annual Production in Units for the Years 2018, 2020, 2022, 2024 and 2026
- Increasing Number of Deliveries of Special Light-Sport Aircraft (SLSA)
- Aircraft Propeller Systems to Find Increasing Adoption in Solar-Powered Aircraft: A Futuristic Opportunity
- Propeller Vibration Trend Monitoring, 3D Printed Propellers and Other Unique Technology Advancements to Drive Significant Market Growth
- Product Overview
- Aircraft Propeller System: An Overview
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/wu5jc6