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Turboprop Aircraft Propeller System Market 2026 Top Key Players are Hartzell Propeller, AEROSILA, United Technology Corporation, Dowty Propellers, Hoffmann Propeller

10-26-2018 03:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

Market Overview:
Global Turboprop Aircraft Propeller System Market is expected to grow at a CAGR of 4.9% during the forecast period. Plans for reducing order backlogs of OEMS, preference for turboprop aircraft to cater to regional passenger traffic and cost-effective maintenance are some of the key driving influencing the market growth. However, factors such as occurrence of technical disruption and engine failure are hampering the market growth.

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Turboprop engine comprises a gas turbine that is driven by propellers. A propeller is used for converting the rotational motion into thrust. Most of the energy (gas flow) generated by the turbine is used for driving the propeller and compressor. It consists of a power-driven hub that is attached to several blades and rotates about the longitudinal axis. Propeller-driven aircraft are chiefly suitable for subsonic airspeeds up to 450 miles per hour. When the propeller rotates beyond this speed, the blade tip reaches supersonic speeds, and the shockwaves that get generated on the blades degrade the efficiency of the entire engine.

Top Players:
Some of the key players profiled in the Turboprop aircraft propeller system market include Hartzell Propeller, AEROSILA, United Technology Corporation (UTC), Dowty Propellers, Hoffmann Propeller, AVIA Propeller, McCauley Propeller Systems and MT-Propeller Entwicklung.

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Market Segments:
Amongst product, composite-based propellers segment accounted for the major shares of the market. Advantages such as lightweight & durable qualities and its extensive usage across engine components, aero structures, and aircraft interiors will help for the growth of this segment. By geography, North America will be the major revenue contributor owing to shifting dynamics of regional aircraft traffic and increasing investments in aerospace arts and component manufacturing sector will build the market growth in this region.

Products Covered:
• Composite Based Propellers
• Aluminum Based Propellers
Applications Covered:
• Commercial
• Military
• Other Applications
Regions Covered:
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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India.
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