Aircraft Micro Turbine Engines Market to Witness Huge Growth by Key Players: Honeywell International Inc, UAV Turbines, Inc, Turbotech SAS, PBS Group, GE Aviation, Williams International, BF-Turbines, Elliott Group, Sentient Blue Technologies and Others.

According to Market Study Report, Aircraft Micro Turbine Engines Market provides a comprehensive analysis of the Aircraft Micro Turbine Engines Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape, technological trends and market share information in the Aircraft Micro Turbine Engines Market. An exclusive data offered in this report is collected by research and industry experts team.

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The aircraft micro turbine engines market is projected to grow from USD 26 million in 2021 to USD 61 million by 2030, at a CAGR of 10.0% during the forecast period.This report spread across 154 pages, profiling 20 companies and supported with 109 tables and 37 figures are now available in this research.

Top Companies Profiled in the Aircraft Micro Turbine Engines Market:
o Honeywell International Inc. (US)
o UAV Turbines Inc. (US)
o Turbotech SAS (France)
o PBS Group (Czech Republic)
o GE Aviation (US)
o AMT Netherlands B.V. (Netherlands)
o Williams International (US)
o Micro Turbine Technology B.V. (Netherlands)
o BF-Turbines (Germany)
o Kratos Defense & Security Solutions Inc. (US)
o Elliott Group (US)
o Sentient Blue Technologies (Italy)
o Rolls-Royce Holdings plc (US)
o JetCat Americas (US)
o JetsMunt SL (Spain)
o Stuttgart Engineering Propulsion Technologies UG (Germany)
o Lambert Microturbine (Germany)
o Hawk Turbine AB (Sweden)
o Bowman (UK)
o Brayton Energy (UK)

"Based on horsepower, the 50 to 100 HP segment is projected to lead the aircraft micro turbine engines market by 2030"
Based on horsepower, the 50 to 100 HP segment is projected to lead the aircraft micro turbine engines market by 2030 due to its wide application areas and ongoing developments by manufacturers. Turbotech SAS (France) is in the process of developing a micro turbine engine with a capacity of 74 HP (TG-R55) for small aerial vehicles. Micro turbine engines with a power rating of 50-100 HP are expected to be used in eVTOLS, UAV, and air taxi applications to support power generation in hybrid systems or as standalone units for short-range applications.

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"Based on end-use, the OEM segment is projected to witness the largest share in the aircraft micro turbine engines market over the forecast period"
The OEM segment is expected to witness higher growth compared to other segments in the aircraft micro turbine engines market. The development of next-generation aircraft is one of the significant factors driving the growth of the aircraft micro turbine engines market across the globe. In addition, increased focus of OEMs on electrification and continuous technological advancement is also expected to influence the growth of the aircraft micro turbine engines market during the forecast period.

"North America is estimated to account for the largest share of the market in 2030"
North America is projected to capture the lion's share of the aircraft micro turbine engines market. Recently, significant efforts have been undertaken by the US Federal Aviation Administration (FAA) to address environmental and resource conservation issues such as energy efficiency and carbon & nitrogen oxide emissions from aircraft. The Continuous Lower Energy, Emission, and Noise Program Phase II (CLEEN II) initiative was launched with the objective of reducing noise levels by 32 decibels, carbon and nitrogen oxide emissions by 75%, and fuel burn by 40%.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
o By Designation: C-Level Executives - 35%, Directors - 25%, and Others - 40%
o By Region: North America - 45%, Europe - 20%, Asia Pacific - 30%, Rest of the World - 5%

Competitive Landscape of Aircraft Micro Turbine Engines Market:
1 Introduction
2 Product Comparison Matrix For Market Players
3 Performance Comparison Of Aircraft Micro Turbine Engines
4 Competitive Analysis
4.1 Aircraft Micro Turbine Engines Market Competitive Leadership Mapping (Overall Market)
4.1.1 Progressive Companies
4.1.2 Responsive Companies
4.1.3 Dynamic Companies
4.1.4 Starting Blocks
5 Ranking Of Key Players, 2019
6 Strength Of Product Excellence
7 Business Strategy Excellence
8 Competitive Scenario
8.1 Strategies Adopted By Market Players

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Reason to access this report:
This report will help market leaders as well as new entrants in this market with information on the closest approximations of the revenue numbers for the overall aircraft micro turbine engines market and its sub segments. The report covers the entire ecosystem of aircraft micro turbine engines in the aviation industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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