The global aircraft propeller systems market size reached US$ 350.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 520.6 Million by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Aircraft Propeller
Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2024-2032," the global aircraft propeller systems market size
reached US$ 350.3 Million in 2023.
Aircraft propeller systems are devices that create relative motion by forcing
the atmospheric air axially backward to facilitate the movement of an aircraft.
They include two or more blades connected through a hub. These systems are
primarily categorized into six types, namely reverse-pitch, controllable-pitch,
fixed-pitch, constant-speed, feathering, and ground-adjustable.
In addition, they are less expensive compared to turbofan engine aircraft and
provide several advantages, such as shorter landings and takeoffs. Owing to
these properties, aircraft propeller systems are widely utilized across the
aviation industry.
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4. Report Description
Global Aircraft Propeller Systems Market Trends:
The market is primarily driven by the escalating demand for fuel-efficient engines with optimized performance in
the aviation industry. In addition, the increasing requirement for safe, lightweight, and reliable aircraft systems
for improved passenger safety represents another major growth-inducing factor. Besides this, the market is also
propelled by the escalating demand for turboprop engine aircraft for commercial applications and their rising
utilization in the defense sector for transporting and surveillance activities.
Moreover, the introduction of new international short-distance routes is increasing the demand for piston-engine
aircraft, thus augmenting the market growth. Other factors, such as extensive research and development (R&D)
activities conducted by key players to introduce advanced propeller systems and the advent of improved aviation
policies, are anticipated to create a positive market outlook in the coming years.
Looking forward, IMARC Group expects the market value to reach US$ 520.6 Million by 2032, exhibiting a
CAGR of 4.4% during the forecast period (2024-2032).
View Report TOC, Figures and Tables: https://www.imarcgroup.com/aircraft-propeller-systems-market
5. Report
Segmentation
Breakup by Type:
• Fixed Pitch
• Variable Pitch
Breakup by Product:
• Contra-Rotating Propeller
• Counter-Rotating Propeller
Breakup by Component:
• Blade
• Spinner
• Hub
• Others
Breakup by Platform:
• Civil
6. Report
Segmentation
• Military
Breakup by Engine:
• Conventional
• Electric and Hybrid
Breakup by End Use:
• OEM
• Aftermarket
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• Aerosila
• Airmaster Propellers Ltd
• Dowty Propellers
• DUC Hélices Propellers
• FP-propeller Srl
• GSC Systems Inc.
• Hartzell Propeller
• Hélices E-Props
• Hercules Propellers Ltd
• McCauley Propeller Systems (Textron Aviation
Inc.)
• MT-Propeller Entwicklung GmbH
• Peter De Necker
• Sensenich Propeller
• Whirlwind Propellers Corporation
8. Key Questions
Answered in
the Report
What was the size of the global aircraft propeller systems
market in 2023?
What is the expected growth rate of the global aircraft
propeller systems market during 2024-2032?
What are the key factors driving the global aircraft propeller
systems market?
What has been the impact of COVID-19 on the global aircraft
propeller systems market?
What is the breakup of the global aircraft propeller systems
market based on the type?
What is the breakup of the global aircraft propeller systems
market based on the component?
9. Key Questions
Answered in
the Report
What is the breakup of the global aircraft propeller systems
market based on engine?
What is the breakup of the global aircraft propeller systems
market based on the end use?
What are the key regions in the global aircraft propeller
systems market?
Who are the key players/companies in the global aircraft
propeller systems market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aircraft Propeller Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Fixed Pitch
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Variable Pitch
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Product
7.1 Contra-Rotating Propeller
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
11. Table of
Contents
7.2 Counter-Rotating Propeller
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by Component
8.1 Blade
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Spinner
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Hub
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Others
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
9 Market Breakup by Platform
9.1 Civil
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 Military
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
10 Market Breakup by Engine
10.1 Conventional
10.1.1 Mark et Trends
10.1.2 Mark et Forecast
10.2 Electric and Hybrid
10.2.1 Mark et Trends
10.2.2 Mark et Forecast
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market/toc