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Aircraft Propeller Shaft Market Share Driven by Civil and Military Aircraft Applications | Valuates Reports
Aircraft Propeller Shaft MarketThe global market for Aircraft Propeller Shaft was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
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The Aircraft Propeller Shaft Market is witnessing significant market growth as the aviation industry increasingly focuses on performance, safety, and efficiency in both civil and military aircraft. Market trends highlight rising demand for high-precision, durable propeller shafts that ensure smooth power transmission, reduce vibration, and enhance overall aircraft reliability. These developments are contributing to the overall market size and shaping the long-term market forecast.
By type, the Tapered segment holds the largest market share, favored for its high strength, precise fit, and ability to withstand variable loads in diverse aircraft operations. The Splined segment is experiencing rapid growth due to its ease of assembly, torque transmission efficiency, and suitability for modern aircraft propulsion systems. The Flanged segment continues to support specialized applications requiring secure, high-performance coupling solutions.
By application, the Civil Aircraft segment dominates the market share, driven by increasing air travel, fleet expansions, and rising demand for light and commercial aircraft with enhanced performance. The Military Aircraft segment is projected to witness the fastest market growth, fueled by ongoing defense modernization programs, tactical aircraft production, and advanced rotorcraft requirements. Other applications, including UAVs and specialized aviation equipment, contribute to market adoption.
Looking ahead, the Aircraft Propeller Shaft Market is expected to maintain strong market growth, supported by innovations in materials, precision engineering, and stringent safety standards. The market forecast indicates broader adoption across civil and military aviation sectors as aircraft manufacturers and operators prioritize reliability, efficiency, and high-performance propulsion components.
by Type
• Tapered
• Splined
• Flanged
by Application
• Civil Aircraft
• Military Aircraft
• Others
By Company
Delta Research Corp., Delta Gear, Inc., Gkn, Glueckler Metal Inc., Inofast, Mfg., Cleveland Mixer, Supreme Gear, Jaycraft Corp., Sifco Forge, Falcon Metals
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