Top 8 manufacturers in Turboprop Aircraft Propeller System Market
HDIN Research published a new report on turboprop aircraft propeller system Market. It presents the largest 8 manufacturers in turboprop aircraft propeller system market. The report is a professional and in-depth study on the current state of the global turboprop aircraft propeller system market. The report provides key statistics on the market of turboprop aircraft propeller system. It is a valuable source of guidance and direction for companies and individuals interested in turboprop aircraft propeller system industry.
The global turboprop aircraft propeller system market was valued at be 238.13 million USD in 2021. The turboprop aircraft propeller system production value is anticipated to have grown with a CAGR of 3.54% in the coming years to reach 293.39 million USD in 2027.
Figure 2017-2027 Global Turboprop Aircraft Propeller System Market Size (Million USD) and CAGR
Collins Aerospace is the largest manufacturer of turboprop aircraft propeller system in the world, and it has a market share of 48.5% in value. Collins Aerospace, a Raytheon Technologies subsidiary, is a leading global provider of technologically advanced aerospace and defense products and aftermarket service solutions for aircraft manufacturers, airlines, and regional, business and general aviation, as well as for defense and commercial space operations.
Dowty Propellers is the second largest manufacturer of turboprop aircraft propeller system in the world, and it has a market share of 15.0% in value. Dowty Propellers is a British engineering company based in Brockworth, Gloucestershire that specialises in the manufacture, repair and overhaul of propellers and propeller components for customers around the world.
Hartzell Propeller is the third largest manufacturer of turboprop aircraft propeller system in the world, and it has a market share of 14.2% in value. Hartzell Propeller Inc. is the global leader in advanced aircraft propeller design and manufacturing technology. Their current product line includes 2- through 6-bladed propellers for general aviation through turboprop class aircraft, with engine ratings that range from 80 to 2,180 hp. They have expanded their product line to include propeller systems for hovercraft and wing-in-ground effect (WIG) craft. In addition to aircraft and airplane propellers, Hartzell also offers its own line of aircraft propeller controls (governors), spinners and de-ice systems.
MT-Propeller Entwicklung is the fouth largest manufacturer of turboprop aircraft propeller system in the world, and it has a market share of 4.1% in value. MT-Propeller Entwicklung GmbH was founded in 1981 by Gerd Muehlbauer and is well known in the world of general aviation as the leading manufacturer of natural composite propellers for single and twin engine aircraft, airships, wind tunnels and other special applications.