Aerospace and Defense

Aircraft Propeller Market to Grow with a CAGR of 5.89% Globally through to 2028 According to TechSci Research report, “ Global Aircraft Propeller Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Aircraft Propeller Market stood at USD 315 Million in 2022 and is anticipated to grow with a CAGR of 5.89% in the forecast period, 2024-2028. The global Aircraft Propeller market plays a crucial role in the aviation industry, serving as the driving force behind the propulsion of various aircraft. With continuous advancements in technology and the ever-growing need for fuel-efficient planes, this sector has experienced substantial growth in recent years. The demand for more efficient and sustainable aircraft has led to the development of innovative propeller designs and materials, optimizing performance and reducing fuel consumption. As a result, manufacturers are constantly striving to produce propellers that offer higher efficiency, ...

The Global Aircraft Propeller Market is driven by the increasing demand for fuel-efficient aircraft propulsion systems and the growing market for regional and general aviation. Advances in technology and a focus on reducing carbon emissions further propel market growth. According to TechSci Research report, “ Global Aircraft Propeller Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Aircraft Propeller Market stood at USD 315 Million in 2022 and is anticipated to grow with a CAGR of 5.89% in the forecast period, 2024-2028. The global Aircraft Propeller market plays a crucial role in the aviation industry, serving as the driving force behind the propulsion of various aircraft. With continuous advancements in technology and the ever-growing need for fuel-efficient planes, this sector has experienced substantial growth in recent years. The demand for more efficient and sustainable aircraft has led to the development of innovati...