Global Commercial Aircraft Propeller Systems Market by Solution (Blades, Hub Systems, and Digital Electronic Controls) and by Geography - Forecast To 2021
The leading market players in the global commercial aircraft propeller systems market primarily include Airmaster, Dowty Propellers, Hartzell Propeller, McCauley, UTC Aerospace Systems, Culver Props, Curtiss-Wright, Electravia, and WhirlWind Propellers.
Commercial Aircraft Propeller Systems Market – Market Overview:
Commercial aircraft propeller systems find their application in piston-engine and turboprop-powered aircraft. The systems include blades, hubs, and electronic controls. The number of blades in a propeller system ranges from three to six (in a commercial aircraft). The blades are either made of aluminum or composite. The key advantage that composite-based propeller blades offer is reduced weight, which in turn reduces the fuel consumption.
In commercial aviation, turboprop aircraft are primarily used for short-haul regional flights. As of 2015, turboprop accounted for 40% of the total global regional aircraft fleet (including regional jets). The average age of turboprop aircraft fleet is 19 years. North America and Europe have historically been the primary market for turboprops. However, the demand in APAC and the Middle East has further helped the market growth.
The market for turboprops had lost momentum with the rapid rise of regional jets since the mid-90s. However, they have started to regain the market share primarily in the regional transportation segment (aircraft with up to 100 seats).
A turboprop is considered to provide better fuel efficiency as compared to regional jets. Thus, with the rise in global fuel prices, turboprop is bound to become more popular among the regional airlines and low-cost carriers mostly operating in point-to-point short haul routes. Cost pressure plays an important role in airlines' choice for aircraft as it helps determine the operational cost.
OEMs, as well as PMA vendors, are involved in the manufacturing of propeller systems. Thus, the ongoing demand for turboprop aircraft largely supports the market for propeller systems.
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Commercial Aircraft Propeller Systems Market – Segments:
For the convenience of the report and enhanced understanding; the commercial aircraft propeller systems market is segmented in to two key dynamics:
Segmentation by Solution: Blades, Hub Systems, and Digital Electronic Controls.
Segmentation by Regions: Comprises Geographical regions –Americas, Europe, APAC and Middle East and Africa.
Commercial Aircraft Propeller Systems Market – Regional Analysis:
APAC region has emerged as one of the potential markets for turboprop sales. As a result, manufacturers are focusing their new product launch targeting this region. For example, ATR, one of the leader in turboprop sales in the APAC market has launched two new versions of its ATR 72-600 in the region. The launch customers for both the versions are from APAC region, namely Cebu Pacific from Philippines and Air Niugini from Papua New Guinea.
ATR 72-600 consists of 568F-bladed propellers from Hamilton Sundstrand (merged with Goodrich in 2012 to form UTC Aerospace Systems). The company provides complete propeller system solutions including blades, hubs, and digital electronic controls that incorporate aerodynamics as well as control dynamics.
China, India, and the Philippines are some of the emerging aviation and aircraft propeller systems market in the APAC region, and their growth rates are expected to surpass other regions (EMEA and Americas) over the period 2016-2021. The aircraft propeller systems market is expected to grow in the future because of increased aircraft demand, aviation MRO activities, and aircraft parts production capability.
Few of the countries in APAC are aggressively pushing for policies and reforms to attract the US and European aircraft and parts manufacturers to establish local operations in their respective countries. Since 2010, Malaysia has been offering corporate tax exemptions and other investment schemes to companies that invest in the local aviation industries. Many of the commercial aircraft suppliers are now concentrated in Southeast Asian countries like Singapore, Malaysia, Vietnam, Indonesia, Australia, and Thailand and are continually adding a wide range of parts manufacturing capacity to their portfolio.
Thus, the commercial aircraft and aircraft parts manufacturing market has largely developed in APAC in recent years. Major regional commercial aircraft programs are undergoing in this region. For example, China's Xian Modern Ark 700 (MA700) is one such twin-engine turboprop aircraft being developed by Aviation Industry Corporation of China (AVIC). It is a 70-seat aircraft powered by PW150C engines from Pratt & Whitney, planned for its first flight in 2016.
The strengthening of regional aircraft manufacturers along with the growing demand for aircraft from Airbus and Boeing is further expected to create an inflow of many other parts manufacturers and suppliers into the APAC market.
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Definition: The global air traffic has been increased robustly over the past decade that has ultimately led increase the passenger as well as military aircraft.
It consists of multiple blades which are joined collectively to a single hub.
What's Trending in Market:Introduction to Durable Aluminum Alloy BladesAdoption of Constant Speed Propellers with Multiple BladesChallenges:Requirement of Highly Skilled WorkforceSignificant Post Purchase Overheads such as Higher Maintenance CostRestraints:Lack of Operational Efficiency in Unfavorable Climatic Conditions and High AltitudesComplex Manufacturing Process with Negligible Tolerance LevelMarket Growth Drivers:Growing Air Traffic across the GlobeIncreasing Demand for Fuel Efficient and Lightweight Aircraft PropellersGlobal Aircraft Propeller Market Development Scenario by Players Ø Financials Information, Business Overview and Product Specification Matrix Ø Patent Analysis Briefing* [if applicable] Ø No.
of Patents Issuance by Year / by Players / By Issuing Office Ø Key Development – Product/Service Launch, Mergers & Acquisition, Joint Ventures Aircraft Propeller Market Competition Each company profiled in the research document is studied considering various factors such as product and its application portfolios, market share, growth potential, future plans, and development activity.
2) Can we narrow the available business segments?
What all regional slits covered with covid impact analysis?
Global Commercial Aircraft Avionics Systems Market by Sub-System (FMS, FCS, HMS, Navigation, CNS, and Electrical and Emergency Systems), by Platform (Fixed-wing Aircraft and Rotary-wing Aircraft) by Fit (Line-Fit and Retrofit), and by Region - Forecast To 2021Global Commercial Aircraft Avionics Systems Market – OverviewThe Global Commercial Aircraft Avionics Systems Market is growing with the rapid pace.
According to a recent study report published by the Market Research Future, The global market of commercial aircraft avionics systems market will grow at a rapid pace over the forecast period.
The market is forecasted to witness slow but steady growth by 2021, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2021).
Focus towards high-quality products & the changing lifestyle of consumers and increasing spending power, enhance the growth of the avionics systems for commercial aircraft.
Thus, the increasing or decreasing demand of the aircrafts directly has an impact on the market.
Another factor responsible for the increase in commercial aircraft avionics systems market is the growing demand for lightweight avionics systems, increase in new aircraft orders and need for improvement in aviation safety.
The latest trending report Global Aircraft Propeller System Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Aircraft Propeller System market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.2% in the forecast period of 2020 to 2025 and will expected to reach USD 244.9 million by 2025, from USD 207.5 million in 2019.The Aircraft Propeller System market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/11587-aircraft-propeller-system-industry-analysis-reportThe major players covered in Aircraft Propeller System are:AerosilaMcCauley Propeller SystemsUnited Technology Corporation (UTC)Dowty PropellersHoffmann PropellerHartzell PropellerRatier-FigeacMt-PropellerAVIA PROPELLERAirmaster PropellersWhirlwind PropellersHercules PropellersBy Type, Aircraft Propeller System market has been segmented into: Fixed Pitch Propeller Varying Pitch PropellerBy Application, Aircraft Propeller System has been segmented into: Military Aircraft Civil & Commercial AircraftThe report offers in-depth assessment of the growth and other aspects of the Aircraft Propeller System market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia) South America (Brazil, Argentina, Colombia) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Aircraft Propeller System Market @ https://www.decisiondatabases.com/contact/download-sample-11587There are 14 Chapters to deeply display the global Aircraft Propeller System market.1 Aircraft Propeller System Market Overview2 Company Profiles3 Global Aircraft Propeller System Market Competition, by Players4 Global Aircraft Propeller System Market Size by Regions5 North America Aircraft Propeller System Revenue by Countries6 Europe Aircraft Propeller System Revenue by Countries7 Asia-Pacific Aircraft Propeller System Revenue by Countries8 South America Aircraft Propeller System Revenue by Countries9 Middle East and Africa Revenue Aircraft Propeller System by Countries10 Global Aircraft Propeller System Market Segment by Type11 Global Aircraft Propeller System Market Segment by Application12 Global Aircraft Propeller System Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Aircraft Propeller System Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-11587Other Reports by DecisionDatabases.com:Global Aircraft Cabin Lighting Market 2020 by Company, Regions, Type and Application, Forecast to 2025Global Aircraft Insulating Panels Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Aircraft Brake System Market 2020 by Company, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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