Aircraft Propeller System Market is Forecasted to Reach US$2,000 Million in 2030, Says Stratview Research

The global aircraft propeller system market is projected to witness a growth rate of 3% annually from 2025 to 2030, with an anticipated size of US$2,000 million by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Aircraft Propeller System market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Market Statistics

Market Size in 2024: US$340 million
Market Size in 2030: US$2,000 million
Growth (CAGR): 3% during 2025-2030
Leading Platform Type: General Aviation
Leading Engine Type: Turboprop
Leading Material Type: Composite
Leading End-Use-Industry Type: OE
Leading Region: North America
Forecast Period: 2025-2030
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Aircraft Propeller System Market:

The global Aircraft Propeller System market is segmented based on Platform type, Engine type, Material type, End-Use-Industry type, and Region.

Based on Platform Type -

• The market is bifurcated into Military Transport Aircraft, Regional Turboprops, and General Aviation.

• General Aviation is expected to be the market's leading platform during the forecast period.

• The aircraft propeller systems market is segmented into military transport aircraft, regional turboprops, and general aviation.

• The growing fleet of general aviation due to their rising applications in agriculture, medical, and other fields is expected to drive the category's growth during the forecast period. The regional turboprop market is anticipated to grow fastest during the same period.

Based on the Material Type -

• The market is bifurcated into Composite, Aluminum, and Other Materials.

• Composite is expected to be the most sought-after material in the market during the forecast period.

• Aircraft manufacturers have long realized the advantages of composite propellers. These propellers offer significant weight savings, reduced noise and vibration, durability, and longevity. Composites' weight-saving advantages also enable propeller manufacturers to increase the number of blades on a prop, which offers several additional performance improvements. The material is expected to maintain its position in the market during the forecast period.

Which Region Shows the Most Promising Growth Forecast and Opportunity?

• In terms of region, North America is expected to remain the largest market for aircraft propeller systems during the forecast period. The area is a manufacturing hub for aircraft that use high-value composite propellers. The presence of leading propeller manufacturers such as Hartzell Propeller, Collins Aerospace, and McCauley Propeller further strengthens its position.

• Asia-Pacific is estimated to record the highest growth during the forecast period. This is attributable to the growing demand for regional air connectivity and the expansion of global aircraft OEMs' manufacturing operations in the APAC region.

Aircraft Propeller System Market Drivers:

Some of the key drivers listed in the report are given below.
- A growing general aviation and military transport aircraft fleet.

- High penetration of composite propellers and the emergence of electric aircraft.

Top Companies in the Aircraft Propeller System Market:

The global market for Aircraft Propeller System is highly concentrated, with the top four companies capturing a lion's share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:
- Hartzell Propeller
- MT-Propeller
- Collins Aerospace
- Dowty Propeller
- McCauley Propeller
Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the Aircraft Propeller System market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.