Aircraft Propeller Systems Market Size

Study Period | 2018 - 2028 |
Base Year For Estimation | 2022 |
Forecast Data Period | 2023 - 2028 |
CAGR | > 4.00 % |
Fastest Growing Market | North America |
Largest Market | Asia Pacific |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
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Aircraft Propeller Systems Market Analysis
The aircraft propeller systems market is projected to register a CAGR of over 4% during the forecast period.
- The major trends in the aircraft propeller systems market include the advent of 3D printing technology in aviation and the advent of digital propeller vibration trend monitoring systems.
- The introduction of new turboprop aircraft and the growing demand for replacing the existing turboprop aircraft, coupled with the increasing demand for unmanned aerial vehicles, are expected to propel the growth of the aircraft propeller systems market.
- Aircraft OEMs and part manufacturers face several challenges involving additional costs that incur while complying with cumbersome certification processes. This poses a challenge for the mass-scale production of aircraft parts and components. Thus, the stringent certification process acts as a barrier to the new entrants, who have the potential to enter the aircraft propeller systems market.
Aircraft Propeller Systems Industry Segmentation
Application | |
Commercial Aircraft | |
Military Aircraft | |
General Aviation |
End-user | |
Original Equipment Manufacturer (OEM) | |
Aftermarket |
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Aircraft Propeller Systems Market Trends
This section covers the major market trends shaping the Aircraft Propeller Systems Market according to our research experts:
The Original Equipment Manufacturer (OEM) Segment to Dominate the Market in the Years to Come

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Asia-Pacific to be the Fastest Growing Market During the Forecast Period

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Aircraft Propeller Systems Industry Overview
Aircraft Propeller Systems Market Leaders
Hartzell Propeller Inc.
Collins Aerospace (United Technologies Corporation)
Dowty Propellers (General Electric)
Aerosila
MT-Propeller
*Disclaimer: Major Players sorted in no particular order

Aircraft Propeller Systems Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Industry Attractiveness - Porter's Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Application
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5.1.1 Commercial Aircraft
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5.1.2 Military Aircraft
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5.1.3 General Aviation
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5.2 End-user
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5.2.1 Original Equipment Manufacturer (OEM)
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5.2.2 Aftermarket
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.2 Europe
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5.3.2.1 United Kingdom
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5.3.2.2 France
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5.3.2.3 Germany
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5.3.2.4 Italy
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5.3.2.5 Russia
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5.3.2.6 Rest of Europe
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5.3.3 Asia-Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 Rest of Asia-Pacific
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5.3.4 Latin America
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5.3.4.1 Brazil
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5.3.4.2 Rest of Latin America
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5.3.5 Middle-East and Africa
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5.3.5.1 Saudi Arabia
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5.3.5.2 United Arab Emirates
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5.3.5.3 South Africa
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5.3.5.4 Rest of Middle-East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Vendor Market Share
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6.2 Company Profiles
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6.2.1 Collins Aerospace (United Technologies Corporation)
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6.2.2 Dowty Propellers (General Electric)
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6.2.3 McCauley Propellers
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6.2.4 Airmaster Propellers
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6.2.5 MT-Propeller
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6.2.6 Hartzell Propeller Inc.
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6.2.7 GSC Systems Ltd
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6.2.8 Jabiru Aircraft
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6.2.9 Peter de Necker
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6.2.10 Aerosila
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6.2.11 WhirlWind Propellers
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6.2.12 Senseich Propeller Company
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6.2.13 Hercules Propellers
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6.2.14 FP Propeller
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6.2.15 DUC Helices
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Aircraft Propeller Systems Market Research FAQs
What is the current Aircraft Propeller Systems Market size?
The Aircraft Propeller Systems Market is projected to register a CAGR of greater than 4% during the forecast period (2023-2028).
Who are the key players in Aircraft Propeller Systems Market?
Hartzell Propeller Inc., Collins Aerospace (United Technologies Corporation), Dowty Propellers (General Electric), Aerosila and MT-Propeller are the major companies operating in the Aircraft Propeller Systems Market.
Which is the fastest growing region in Aircraft Propeller Systems Market?
North America is estimated to grow at the highest CAGR over the forecast period (2023-2028).
Which region has the biggest share in Aircraft Propeller Systems Market?
In 2023, the Asia Pacific accounts for the largest market share in the Aircraft Propeller Systems Market.
Aircraft Propeller Systems Industry Report
Statistics for the 2023 Aircraft Propeller Systems market share, size and revenue growth rate, created by Mordor Intelligence⢠Industry Reports. Aircraft Propeller Systems analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.