The global small gas turbine engine market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for small gas turbine engines in various applications such as small civil aircraft, unmanned aerial vehicles (UAV), experimental aircraft, sport gliders and model aircraft. The increasing demand for these engines is due to their high power-to-weight ratio and low fuel consumption rates which make them suitable for use in various applications.
The below 40 MW segment accounted for the largest share of the global small gas turbine engine market in 2018 owing to its wide application across various industries such as aerospace & defense, oil & gas and marine sectors. This segment is expected to maintain its dominance throughout the forecast period owing to its wide application across various industries such as aerospace & defense, oil & gas and marine sectors.
Some Of The Growth Factors Of This Market:
- Increasing demand for energy efficient and environmentally friendly power generation systems.
- Growing need for power generation in developing countries.
- Rising demand for gas turbine engines in the aerospace industry.
- Increasing use of gas turbine engines in the oil and gas industry.
- Growth of the global economy.
Industry Growth Insights published a new data on “Aero Small Gas Turbine Engine Market”. The research report is titled “Aero Small Gas Turbine Engine Market research by Types (Below40 MW, Below40-70 MW, 71-100 MW, Above100 MW), By Applications (Small Civil Aircraft, Unmanned Aerial Vehicles (UAV), Experimental Aircraft, Sport Gliders, Model Aircraft, Others), By Players/Companies PBS AEROSPACE, Rolls-Royce, Honda Motor Co., Ltd, Honeywell, Mitsubishi Hitachi Power Systems, Ltd, Cape Aerospace Technologies, UAV Turbines Inc., IHI”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aero Small Gas Turbine Engine Market Research Report
By Type
Below40 MW, Below40-70 MW, 71-100 MW, Above100 MW
By Application
Small Civil Aircraft, Unmanned Aerial Vehicles (UAV), Experimental Aircraft, Sport Gliders, Model Aircraft, Others
By Companies
PBS AEROSPACE, Rolls-Royce, Honda Motor Co., Ltd, Honeywell, Mitsubishi Hitachi Power Systems, Ltd, Cape Aerospace Technologies, UAV Turbines Inc., IHI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Aero Small Gas Turbine Engine Market Report Segments:
The global Aero Small Gas Turbine Engine market is segmented on the basis of:
Types
Below40 MW, Below40-70 MW, 71-100 MW, Above100 MW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Civil Aircraft, Unmanned Aerial Vehicles (UAV), Experimental Aircraft, Sport Gliders, Model Aircraft, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PBS AEROSPACE
- Rolls-Royce
- Honda Motor Co., Ltd
- Honeywell
- Mitsubishi Hitachi Power Systems, Ltd
- Cape Aerospace Technologies
- UAV Turbines Inc.
- IHI
Highlights of The Aero Small Gas Turbine Engine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below40 MW
- Below40-70 MW
- 71-100 MW
- Above100 MW
- By Application:
- Small Civil Aircraft
- Unmanned Aerial Vehicles (UAV)
- Experimental Aircraft
- Sport Gliders
- Model Aircraft
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aero Small Gas Turbine Engine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aero Small Gas Turbine Engine is a type of aircraft engine that uses compressed air as its working fluid. These engines are typically used in small aircraft, such as drones and model airplanes.
Some of the key players operating in the aero small gas turbine engine market are PBS AEROSPACE, Rolls-Royce, Honda Motor Co., Ltd, Honeywell, Mitsubishi Hitachi Power Systems, Ltd, Cape Aerospace Technologies, UAV Turbines Inc., IHI.
The aero small gas turbine engine market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Aero Small Gas Turbine Engine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Aero Small Gas Turbine Engine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Aero Small Gas Turbine Engine Market - Supply Chain
4.5. Global Aero Small Gas Turbine Engine Market Forecast
4.5.1. Aero Small Gas Turbine Engine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Aero Small Gas Turbine Engine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Aero Small Gas Turbine Engine Market Absolute $ Opportunity
5. Global Aero Small Gas Turbine Engine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Aero Small Gas Turbine Engine Market Size and Volume Forecast by Type
5.3.1. Below40 MW
5.3.2. Below40-70 MW
5.3.3. 71-100 MW
5.3.4. Above100 MW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Aero Small Gas Turbine Engine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Aero Small Gas Turbine Engine Market Size and Volume Forecast by Application
6.3.1. Small Civil Aircraft
6.3.2. Unmanned Aerial Vehicles (UAV)
6.3.3. Experimental Aircraft
6.3.4. Sport Gliders
6.3.5. Model Aircraft
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Aero Small Gas Turbine Engine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Aero Small Gas Turbine Engine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Aero Small Gas Turbine Engine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Aero Small Gas Turbine Engine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Aero Small Gas Turbine Engine Demand Share Forecast, 2019-2026
9. North America Aero Small Gas Turbine Engine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Aero Small Gas Turbine Engine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Aero Small Gas Turbine Engine Market Size and Volume Forecast by Application
9.4.1. Small Civil Aircraft
9.4.2. Unmanned Aerial Vehicles (UAV)
9.4.3. Experimental Aircraft
9.4.4. Sport Gliders
9.4.5. Model Aircraft
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Aero Small Gas Turbine Engine Market Size and Volume Forecast by Type
9.7.1. Below40 MW
9.7.2. Below40-70 MW
9.7.3. 71-100 MW
9.7.4. Above100 MW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Aero Small Gas Turbine Engine Demand Share Forecast, 2019-2026
10. Latin America Aero Small Gas Turbine Engine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Aero Small Gas Turbine Engine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Aero Small Gas Turbine Engine Market Size and Volume Forecast by Application
10.4.1. Small Civil Aircraft
10.4.2. Unmanned Aerial Vehicles (UAV)
10.4.3. Experimental Aircraft
10.4.4. Sport Gliders
10.4.5. Model Aircraft
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Aero Small Gas Turbine Engine Market Size and Volume Forecast by Type
10.7.1. Below40 MW
10.7.2. Below40-70 MW
10.7.3. 71-100 MW
10.7.4. Above100 MW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Aero Small Gas Turbine Engine Demand Share Forecast, 2019-2026
11. Europe Aero Small Gas Turbine Engine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Aero Small Gas Turbine Engine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Aero Small Gas Turbine Engine Market Size and Volume Forecast by Application
11.4.1. Small Civil Aircraft
11.4.2. Unmanned Aerial Vehicles (UAV)
11.4.3. Experimental Aircraft
11.4.4. Sport Gliders
11.4.5. Model Aircraft
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Aero Small Gas Turbine Engine Market Size and Volume Forecast by Tye
11.7.1. Below40 MW
11.7.2. Below40-70 MW
11.7.3. 71-100 MW
11.7.4. Above100 MW
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Aero Small Gas Turbine Engine Demand Share, 2019-2026
12. Asia Pacific Aero Small Gas Turbine Engine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Aero Small Gas Turbine Engine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Aero Small Gas Turbine Engine Market Size and Volume Forecast by Application
12.4.1. Small Civil Aircraft
12.4.2. Unmanned Aerial Vehicles (UAV)
12.4.3. Experimental Aircraft
12.4.4. Sport Gliders
12.4.5. Model Aircraft
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Aero Small Gas Turbine Engine Market Size and Volume Forecast by Type
12.7.1. Below40 MW
12.7.2. Below40-70 MW
12.7.3. 71-100 MW
12.7.4. Above100 MW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Aero Small Gas Turbine Engine Demand Share, 2019-2026
13. Middle East & Africa Aero Small Gas Turbine Engine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Aero Small Gas Turbine Engine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Aero Small Gas Turbine Engine Market Size and Volume Forecast by Application
13.4.1. Small Civil Aircraft
13.4.2. Unmanned Aerial Vehicles (UAV)
13.4.3. Experimental Aircraft
13.4.4. Sport Gliders
13.4.5. Model Aircraft
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Aero Small Gas Turbine Engine Market Size and Volume Forecast by Type
13.7.1. Below40 MW
13.7.2. Below40-70 MW
13.7.3. 71-100 MW
13.7.4. Above100 MW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Aero Small Gas Turbine Engine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Aero Small Gas Turbine Engine Market: Market Share Analysis
14.2. Aero Small Gas Turbine Engine Distributors and Customers
14.3. Aero Small Gas Turbine Engine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PBS AEROSPACE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rolls-Royce
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honda Motor Co., Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Honeywell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubishi Hitachi Power Systems, Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cape Aerospace Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. UAV Turbines Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IHI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
