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Aircraft Turboprop Propeller System Market Business Strategies by Leading Industry Players Dowty Propellers, Safran, GE Aviation, McCauley, Hoffmann Propeller GmbH & Co. KG

04-13-2020 03:23 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Aircraft Turboprop Propeller System

Aircraft Turboprop Propeller System

The global aircraft turboprop propeller system market is expected to grow as this system is cost effective and requires little maintenance. In addition, advantages of turboprop propeller systems such as simple design and usage of minimum moving parts in the aircraft than other turbojet engines are anticipated to boost the market growth. Moreover, the aircraft turboprop propeller system has less complicated operation of the engine which gives better reliability.

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A turboprop engine is usually a turbine engine used for the propulsion of aircraft propellers. It consists of turbine, compressor, combustor, intake, and propelling nozzles. The aircraft turboprop propeller system utilizes all the engine power to drive propellers and does not use the energy from exhaust gases to generate thrust. Propellers are used for translating rotational motion into thrust.

Aircraft turboprop propeller system is known for long operational life and the working time and time between overhaul for these systems ranges from 3,200 to 3,000 hours in comparison with the other aircraft engines which have time between overhaul of 2,000 to 1,600 hours. Owing to this factor the aircraft turboprop propeller system have lower maintenance costs than the other aircraft engines in the global market. Furthermore, ncreasing air passenger traffic and the relatively lower commodity prices such as crude oil, lubricants, etc. is likely to drive the commercial aircraft market which in turn will surge the demand for the global aircraft turboprop propeller system market.

However, propellers loose efficiency at high altitudes and vibration levels can cause passenger discomfort, thus acts as a restraint for the market growth. However, increase in new technological advancements in turboprop propeller system is expected to offer healthy growth opportunities for the market.

The global aircraft turboprop propeller system market is segmented into material, component, sales channel, application, and region. By material, it is divided into composite based propeller and aluminum-based propeller. By component, it is segmented into blade, hub, and others. By sales channel, it is segmented into Original Equipment Manufacturer (OEM) and Maintenance, Repair, and Operation (MRO). By application, it is classified into civil aircraft, military aircraft, and commercial aircraft. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the main players operating in the aircraft turboprop propeller system market are Dowty Propellers, Safran, GE Aviation, McCauley, Hoffmann Propeller GmbH & Co. KG, MT-Propeller Entwicklung GmbH, Avia Propeller, Flying-Spirits Ltd., Ratier-Figeac, and Collins Aerospace.

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AIRCRAFT TURBOPROP PROPELLER SYSTEM MARKET KEY SEGMENTS

By Material
o Composite Based Propeller
o Aluminum Based Propeller

By Component
o Blade
o Hub
o Others

By Sales Channel
o Original Equipment Manufacturer (OEM)
o Maintenance, Repair and Operation (MRO)

By Application
o Civil Aircraft
o Military Aircraft
o Commercial Aircraft

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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