Turboprop Engine Global Market Report 2024

Global Turboprop Engine Market Report 2024

Turboprop Engine Global Market Report 2024 – By Type (Axial-Flow Type Turboprop Engines, Centrifugal Type Turboprop Engines), By Technology (Conventional Engine, Electric Or Hybrid Engine), By Platform (Fixed Wing, Rotary Wing), By Application (Commercial Aviation, Military Aviation, General Aviation) – Market Size, Trends, And Global Forecast 2024-2033

Name: Turboprop Engine Global Market Report 2024
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Turboprop Engine Global Market Report 2024

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Turboprop Engine Global Market Report 2024

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Turboprop Engine Market Definition

A turboprop engine is a type of aircraft engine that has been tuned to drive a propeller. Turboprop-equipped aircraft are extremely efficient at low flying speeds (less than Mach 0.6). Turboprop engines are prized for their efficiency at low speeds, affordability, and adaptability in landings and takeoffs, making them appropriate for a wide range of aircraft and operating needs.

The main types of turboprop engines are axial-flow type turboprop engines and centrifugal type turboprop engines. Axial-flow turboprop engines are gas turbine engines in which air flows parallel to the engine's axis and are used in airplanes to compress air before it reaches the combustion chamber. They include technologies such as conventional engines and electric or hybrid engines used on platforms, including fixed wings and rotary wings, for several applications categorized into commercial aviation, military aviation, and general aviation.

Turboprop Engine Market Segmentation

The turboprop engine market covered in this report is segmented –

1) By Type: Axial-Flow Type Turboprop Engines, Centrifugal Type Turboprop Engines

2) By Technology: Conventional Engine, Electric Or Hybrid Engine

3) By Platform: Fixed Wing, Rotary Wing

4) By Application: Commercial Aviation, Military Aviation, General Aviation

Global Turboprop Engine Market Size 2023 to 2028: Graph

Turboprop Engine Market Size 2024 And Growth Rate

The turboprop engine market size has grown strongly in recent years. It will grow from $3.13 billion in 2023 to $3.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to introduction of turboprop technology, military applications, development of regional aircraft, efficiency in short-haul operations, global economic growth.

Turboprop Engine Market Growth Forecast

The turboprop engine market size is expected to see strong growth in the next few years. It will grow to $4.19 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to growing regional connectivity, environmental sustainability, fuel efficiency and cost savings, demand for versatile aircraft, rising business aviation. Major trends in the forecast period include sustainable aviation, electrification, regional air mobility, adoption of advanced materials, autonomous and unmanned aircraft.

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Turboprop Engine Market Driver: The Impact Of Increasing Demand For Newer Aircraft Models On The Turboprop Engine Market

The increasing demand for newer aircraft models is expected to propel the growth of the turboprop engine market in the coming years. Newer aircraft models generally refer to the latest generations of aircraft that have been recently designed, developed, and manufactured by aerospace companies. Turboprop engines are used in aircraft that require good fuel efficiency, short takeoff and landing capabilities, and the ability to operate from airports with shorter runways. For instance, in October 2023, according to the General Aviation Manufacturers Association (GAMA), a US trade association representing the general aviation industry, in Q2 2023, fixed-wing business aviation aircraft deliveries globally rose by 18.5% to 772 units, up from 681 in Q2 2022. Further, the turboprop segment drove this growth, showing a significant 26.3% increase, with 173 units delivered in Q2 2023 compared to the same period in 2022. Therefore, the increasing demand for newer aircraft models is driving the growth of the turboprop engine market.

Global Turboprop Engine Market Major Players

Major companies operating in the turboprop engine market report are Lockheed Martin Corp., Airbus SE, Northrop Grumman Corporation, Honeywell International Inc., GE Aerospace, Safran S.A., Pratt & Whitney, Textron Aviation Inc., Kawasaki Heavy Industries ltd, IHI Corporation, Rotax Aircraft Engines, Rolls-Royce Plc, Embrear SA, McCauley Propeller Systems, DAHER, ATR, Pilatus Aircraft LTD., Mitsubishi Heavy Industries Aero Engines, PBS Aerospace, Quest Aircraft Company, Precision Aviation Group Inc., Air Tractor Inc., Technify Motors, Turbotech, Avidyne Corporation, Varman Aviation Private Limited, Motor Sich JSC, OMA SUD, TurbAero, Heron Engines

Global Turboprop Engine Market Trend: Innovating Regional Aviation With Fuel-Efficient Engine Series

Major companies operating in the turboprop engine market are focusing on innovative products, such as fuel-efficient regional turboprop engines, to increase their market share and meet the growing demand for sustainable aviation solutions in the evolving aerospace industry. A fuel-efficient regional turboprop engine is a propulsion system optimized for economical fuel consumption in short-haul and regional flights, typically featuring advanced technologies for enhanced efficiency. For instance, in November 2021, Pratt & Whitney Canada, a Canada-based manufacturing company of turboprop engines, launched a regional turboprop PW127XT engine series. The regional turboprop PW127XT engine series is built with innovative materials and technology to provide the highest degree of efficiency, time on the wing, and servicing. Customers may save 40% more time on the wing with the PW127XT-M engine since it moves the timeline for both engine maintenance intervals and hot section examinations to the right compared to the PW127M.

Turboprop Engine Market Merger And Acquisition: Precision Aviation Group Strengthens Turboprop Engine Services Through PTB Group Acquisition

In March 2023, Precision Aviation Group, Inc., a US-based manufacturing company of avionics, helicopters, jet aircraft, and turboprop engines, acquired PTB Group for an undisclosed amount. Through the acquisition, PAG's Engine Services Division is enhanced by adding PT6 and TPE331 engine services, as well as greatly expanding PAG's supply chain solutions. PTB is committed to providing great customer service and surpassing client expectations. PTB Group is an Australia-based company that offers turboprop aircraft engines.

Regional Insights For The Global Turboprop Engine Market

North America was the largest region in the turboprop engine market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the turboprop engine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the turboprop engine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The turboprop engine market consists of sales of single-shaft turboprop engines, free-turbine turboprop engines, compressors, exhaust nozzles, combustion chambers and turbines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The turboprop engine research report is one of a series of new reports from The Business Research Company that provides turboprop engine market statistics, including the turboprop engine industry's global market size, regional shares, competitors with an turboprop engine market share, detailed turboprop engine market segments, market trends and opportunities, and any further data you may need to thrive in the turboprop engine industry. This turboprop engine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Turboprop Engine Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$3.35 billion
Revenue Forecast In 2033	$4.19 billion
Growth Rate	CAGR of 5.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Axial-Flow Type Turboprop Engines, Centrifugal Type Turboprop Engines 2) By Technology: Conventional Engine, Electric Or Hybrid Engine 3) By Platform: Fixed Wing, Rotary Wing 4) By Application: Commercial Aviation, Military Aviation, General Aviation
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Lockheed Martin Corp.; Airbus SE; Northrop Grumman Corporation; Honeywell International Inc.; GE Aerospace; Safran S.A.; Pratt & Whitney; Textron Aviation Inc.; Kawasaki Heavy Industries ltd; IHI Corporation; Rotax Aircraft Engines; Rolls-Royce Plc; Embrear SA; McCauley Propeller Systems; DAHER; ATR; Pilatus Aircraft LTD.; Mitsubishi Heavy Industries Aero Engines; PBS Aerospace; Quest Aircraft Company; Precision Aviation Group Inc.; Air Tractor Inc.; Technify Motors; Turbotech; Avidyne Corporation; Varman Aviation Private Limited; Motor Sich JSC; OMA SUD; TurbAero; Heron Engines
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Turboprop Engine Market Characteristics

3. Turboprop Engine Market Trends And Strategies

4. Turboprop Engine Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Turboprop Engine Market Size and Growth

5.1. Global Turboprop Engine Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Turboprop Engine Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Turboprop Engine Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Turboprop Engine Market Segmentation

6.1. Global Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Axial-Flow Type Turboprop Engines

Centrifugal Type Turboprop Engines

6.2. Global Turboprop Engine Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Conventional Engine

Electric Or Hybrid Engine

6.3. Global Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Fixed Wing

Rotary Wing

6.4. Global Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Commercial Aviation

Military Aviation

General Aviation

7. Turboprop Engine Market Regional And Country Analysis

7.1. Global Turboprop Engine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Turboprop Engine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Turboprop Engine Market

8.1. Asia-Pacific Turboprop Engine Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Turboprop Engine Market

9.1. China Turboprop Engine Market Overview

9.2. China Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Turboprop Engine Market

10.1. India Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Turboprop Engine Market

11.1. Japan Turboprop Engine Market Overview

11.2. Japan Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Turboprop Engine Market

12.1. Australia Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Turboprop Engine Market

13.1. Indonesia Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Turboprop Engine Market

14.1. South Korea Turboprop Engine Market Overview

14.2. South Korea Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Turboprop Engine Market

15.1. Western Europe Turboprop Engine Market Overview

15.2. Western Europe Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Turboprop Engine Market

16.1. UK Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Turboprop Engine Market

17.1. Germany Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Turboprop Engine Market

18.1. France Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Turboprop Engine Market

19.1. Italy Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Turboprop Engine Market

20.1. Spain Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Turboprop Engine Market

21.1. Eastern Europe Turboprop Engine Market Overview

21.2. Eastern Europe Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Turboprop Engine Market

22.1. Russia Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Turboprop Engine Market

23.1. North America Turboprop Engine Market Overview

23.2. North America Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Turboprop Engine Market

24.1. USA Turboprop Engine Market Overview

24.2. USA Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Turboprop Engine Market

25.1. Canada Turboprop Engine Market Overview

25.2. Canada Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Turboprop Engine Market

26.1. South America Turboprop Engine Market Overview

26.2. South America Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Turboprop Engine Market

27.1. Brazil Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Turboprop Engine Market

28.1. Middle East Turboprop Engine Market Overview

28.2. Middle East Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Turboprop Engine Market

29.1. Africa Turboprop Engine Market Overview

29.2. Africa Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Turboprop Engine Market Competitive Landscape And Company Profiles

30.1. Turboprop Engine Market Competitive Landscape

30.2. Turboprop Engine Market Company Profiles

30.2.1. Lockheed Martin Corp.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Airbus SE

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Northrop Grumman Corporation

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Honeywell International Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. GE Aerospace

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Turboprop Engine Market Other Major And Innovative Companies

31.1. Safran S.A.

31.2. Pratt & Whitney

31.3. Textron Aviation Inc.

31.4. Kawasaki Heavy Industries ltd

31.5. IHI Corporation

31.6. Rotax Aircraft Engines

31.7. Rolls-Royce Plc

31.8. Embrear SA

31.9. McCauley Propeller Systems

31.10. DAHER

31.11. ATR

31.12. Pilatus Aircraft LTD.

31.13. Mitsubishi Heavy Industries Aero Engines

31.14. PBS Aerospace

31.15. Quest Aircraft Company

32. Global Turboprop Engine Market Competitive Benchmarking

33. Global Turboprop Engine Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Turboprop Engine Market

35. Turboprop Engine Market Future Outlook and Potential Analysis

35.1 Turboprop Engine Market In 2028 - Countries Offering Most New Opportunities

35.2 Turboprop Engine Market In 2028 - Segments Offering Most New Opportunities

35.3 Turboprop Engine Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Turboprop Engine Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Turboprop Engine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Turboprop Engine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Lockheed Martin Corp. Financial Performance

Table 76: Airbus SE Financial Performance

Table 77: Northrop Grumman Corporation Financial Performance

Table 78: Honeywell International Inc. Financial Performance

Table 79: GE Aerospace Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Turboprop Engine Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Turboprop Engine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Turboprop Engine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Turboprop Engine Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Turboprop Engine Market, Segmentation By Platform, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Turboprop Engine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Lockheed Martin Corp. Financial Performance

Figure 76: Airbus SE Financial Performance

Figure 77: Northrop Grumman Corporation Financial Performance

Figure 78: Honeywell International Inc. Financial Performance

Figure 79: GE Aerospace Financial Performance

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Frequently Asked Questions

What is the definition of the turboprop engine market?

How will the turboprop engine market drivers and restraints affect the turboprop engine market dynamics? What forces will shape the turboprop engine industry going forward?

The turboprop engine market major growth driver - the impact of increasing demand for newer aircraft models on the turboprop engine market. For further insights on the turboprop engine market, request a sample here

What is the forecast market size or the forecast market value of the turboprop engine market ?

The turboprop engine market size has grown strongly in recent years. It will grow from $3.13 billion in 2023 to $3.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to introduction of turboprop technology, military applications, development of regional aircraft, efficiency in short-haul operations, global economic growth. The turboprop engine market size is expected to see strong growth in the next few years. It will grow to $4.19 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to growing regional connectivity, environmental sustainability, fuel efficiency and cost savings, demand for versatile aircraft, rising business aviation. Major trends in the forecast period include sustainable aviation, electrification, regional air mobility, adoption of advanced materials, autonomous and unmanned aircraft. For further insights on the turboprop engine market, request a sample here

How is the turboprop engine market segmented?

The turboprop engine market is segmented
1) By Type: Axial-Flow Type Turboprop Engines, Centrifugal Type Turboprop Engines
2) By Technology: Conventional Engine, Electric Or Hybrid Engine
3) By Platform: Fixed Wing, Rotary Wing
4) By Application: Commercial Aviation, Military Aviation, General AviationFor further insights on the turboprop engine market, request a sample here

Which region has the largest share of the turboprop engine market? What are the other regions covered in the report?

North America was the largest region in the turboprop engine market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the turboprop engine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the turboprop engine market, request a sample here.

Who are the major players in the turboprop engine market?

Major companies operating in the turboprop engine market report are Lockheed Martin Corp., Airbus SE, Northrop Grumman Corporation, Honeywell International Inc., GE Aerospace, Safran S.A., Pratt & Whitney, Textron Aviation Inc., Kawasaki Heavy Industries ltd, IHI Corporation, Rotax Aircraft Engines , Rolls-Royce Plc, Embrear SA, McCauley Propeller Systems , DAHER, ATR, Pilatus Aircraft LTD., Mitsubishi Heavy Industries Aero Engines, PBS Aerospace, Quest Aircraft Company , Precision Aviation Group Inc., Air Tractor Inc., Technify Motors , Turbotech, Avidyne Corporation, Varman Aviation Private Limited, Motor Sich JSC, OMA SUD, TurbAero, Heron Engines For further insights on the turboprop engine market, request a sample here.

What are the key trends in the turboprop engine market?

Major trend in the turboprop engine market - innovating regional aviation with fuel-efficient engine series. For further insights on the turboprop engine market, request a sample here.

What are the major opportunities in the turboprop engine market? What are the strategies for the turboprop engine market?

For detailed insights on the major opportunities and strategies in the turboprop engine market, request a sample here.

How does the turboprop engine market relate to the overall economy and other similar markets?

For detailed insights on turboprop engine market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the turboprop engine industry?

For detailed insights on the mergers and acquisitions in the turboprop engine industry, request a sample here.

What are the key dynamics influencing the turboprop engine market growth? SWOT analysis of the turboprop engine market.

For detailed insights on the key dynamics influencing the turboprop engine market growth and SWOT analysis of the turboprop engine industry, request a sample here.