Aircraft Propeller System Market is expected to grow at a CAGR of 7.2% during the next five years, according to a newly added report by Stratview Research. Rising demand for lightweight and fuel-efficient aircraft and a mounting number of deliveries of Special Light-Sport Aircraft (SLSA) are estimated to drive the growth of the global aircraft propeller system market.
The report offers detailed insights into relevant market segments, their growth rates, latest market trends, forecasts, and other essential details. The market has been segmented in five ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2020-2025.
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As per the report, among different component types, the blades component segment was expected to hold the largest share of the market in 2018. The growth of this segment is owing to the rising use of composites to engineer propeller blades. The hubs component segment is estimated to register the highest growth during the forecast period.
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North America is expected to remain the largest market for aircraft propeller system in the coming five years, according to the analyst. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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The report further mentions the key manufacturing players Airmaster Propellers Ltd, Aerosila, Dowty Propellers, FP-Propeller Srl, Hartzell Propeller, Helices E-Props, Hercules Propellers Ltd., MT-Propeller Entwicklung GmbH, and McCauley Propeller Systems who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the aircraft propeller system market that can be helpful for interested clients in analyzing the market and making the right decisions accordingly.
Salient Features of the Report
The report on Aircraft Propeller System Market is a well-researched work after analyzing various data from different reliable sources. The report included some of the salient features such as:
- Market structure,
- Market environment analysis,
- Market trend and forecast analysis,
- Market segment trend and forecast,
- Competitive landscape and dynamics,
- Attractive market segments and associated growth opportunities,
- Emerging trends,
- Strategic growth opportunities for the existing and new players,
- Key success factors
About Stratview Research:
Stratview Research is a global research company offering custom research and market research reports for interested clients in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it.
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