Market Share of North America Turboprop Aircraft Industry
The North American turboprop market is consolidated in nature, with the presence of a few players holding significant shares in the market. Some of the key players in the market are Textron Inc., Pilatus Aircraft Limited, Airbus SE, Lockheed Martin Corporation, and ATR. ATR is one of the major aircraft manufacturers that support commercial aviation with ATR 42-600 and ATR 72-600s models, whereas Lockheed Martin Corporation is a major manufacturer that supports military aviation with various models of C-130J. Introducing a new aircraft model will enhance the penetration of aircraft manufacturers in the region. Also, key original equipment manufacturers (OEMs) are focusing on business expansion through contracts, partnerships, and agreements with end users, creating demand for turboprop aircraft during the forecast period.
North America Turboprop Aircraft Market Leaders
Textron Inc.
Pilatus Aircraft Limited
Airbus SE
Lockheed Martin Corporation
ATR
*Disclaimer: Major Players sorted in no particular order
