Commercial Aircraft Propeller System Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global commercial aircraft propeller system market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). Several collaborations and funding for advanced technologies such as the 3D printed engine components and others are anticipated to drive the growth of the global commercial aircraft propeller system market. For instance, in February 2021, Wipro 3D and the Engine Division of Hindustan Aeronautics Ltd. collaborated on the manufacturing, development, and airworthiness certification of a critical aero-engine component operating in the hot zone, using metal 3D printing. Furthermore, the Nozzle Guide Vane, a 3D printed steel A286 has been awarded Airworthiness certification by the Center for Military and Certification (CEMILAC), the regulatory body of the defense Research and Development Organization (DRDO).

Further, in February 2022, 9T Labs had raised $17 million in Series A funding that will funnel its Red Series Additive fusion Solution platform. It is a combination of 3D printing and compression molding designed for the production of advanced carbon-fiber-reinforced thermoplastic composite parts. The 9T Labs is anticipated to commercialize the platform to produce parts for end-use applications within the aerospace, automotive, and industrial industries. Thus, such fundraisings and collaborations concerning 3D printed engine components are anticipated to fuel the demand for the commercial aircraft propeller system market.

Moreover, in March 2022, MT-Propeller Entwicklung GmbH had received the EASA STC 10078671 R2 for the installation of the 3-Blade propeller MTV-12-D on the Cesena Fr 172. Such launches are anticipated to drive the growth of the global commercial aircraft propellers system market.

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Market Coverage
•The market number available for - 2021-2028
•Base year- 2021
•Forecast period- 2022-2028
•Segment Covered-
•By Type
•By Component
•By End-User
•Regions Covered-
•North America
•Europe
•Asia-Pacific
•Rest of the World

Competitive Landscape- Hartzell Propeller Inc., Airmaster Propeller Ltd., and Whirlwind Propellers among others

A full report Commercial Aircraft Propeller System Market of is available at:  https://orionmarketreports.com/commercial-aircraft-propeller-system-market/105528/

Global Commercial Aircraft Propeller System Market Report by Segment
By Component
•Blade
•Hub
•Spinner
•Others
By Type
•Fixed Pitch
•Varying Pitch
By End-User
•OEM
•Aftermath

Key questions addressed by the report
•What is the market growth rate?
•Which segment and region dominate the market in the base year?
•Which segment and region will project the fastest growth in the market?
•How has COVID-19 impacted the market?
•Deviation from the pre-COVID-19 forecast
•Most affected region and segment
•Who is the leader in the market?
•How players are addressing challenges to sustain growth?
•Where is the investment opportunity?

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This release was published on openPR.