Market Overview:
The global aircraft propeller governors market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for commercial airliners and private aircraft, coupled with the growing number of military aircraft across the globe. The global aircraft propeller governors market is segmented on the basis of type, application and region. On the basis of type, it is classified into OEMs and aftermarket segments. The OEMs segment dominates the global market owing to its high installation rate in new commercial airliners and military aircraft across different regions. However, with rising demand for replacement parts & services for aging fleets,the aftermarket segment is expected to grow at a higher CAGR over the forecast period. On the basis of application, it is divided into military Aircrafts (fighter jets), commercial Airliners (Boeing 747-8), private Aircrafts (Cessna Citation Excel) and others (training & simulation). Among these applications segments,commercial airliners are expected witness highest growth during 2018-2030 due increased passenger traffic across different geographies .Military Aircrafts are also anticipated witness significant growth over next decade due replacement programs being undertaken by various countries worldwide .
Product Definition:
Aircraft propeller governors are used to maintain a desired engine speed by regulating the propeller blade angle. They are important for maintaining aircraft stability and safety.
OEMs:
OEMs are the original equipment manufacturers. They are responsible for designing and producing the propellerGovernors that go into an aircraft engine. OEMs can be distinguished from aftermarket suppliers as they have access to a much broader product portfolio, in addition to serving as a source for replacement parts, some OEMs also provide completeGovernor packages or even manufacture engines itself.
Aftermarket:
Aftermarket is the second hand market for consumer durable goods. In other words, it's a secondary commercial transaction between a manufacturer or producer and end user wherein the former sells its products at lower prices after using them in its production process. Aftermarket propeller governors are used to regulate speed of an aircraft engine by controlling flow of fuel which ultimately affects RPM ( revolutions per minute) of an engine.
Application Insights:
The commercial airliners application segment led the market and accounted for more than 45.0% share of the global revenue in 2017. The segment is likely to witness significant growth over the forecast period owing to increasing passenger traffic on ameriflight airlines such as Southwest, JetBlue, and AirTran Airways. Moreover, low-cost carriers are also increasingly using prop governors that have been OEM manufactured thus driving demand for these products further.
The military aircraft application segment is expected to register a CAGR of XX% from 2018 to 2030 owing to growing defense expenditure by countries such as U.S.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to continue its dominance over the forecast period, with a CAGR of XX% from 2018 to 2030 owing to rapid growth of general aviation and commercial aerospace industries in the U.S., Canada, and Mexico.
Asia Pacific is anticipated to be one of fastest-growing regions during the forecast period owing to rising disposable income coupled with expanding military spending by countries such as China.
Growth Factors:
- Increasing demand for aircraft propeller governors from the commercial and military sectors due to the growing popularity of aircraft as a mode of transportation.
- The increasing demand for technologically advanced and fuel-efficient aircraft propeller governors from the commercial sector is expected to drive the growth of this market in the coming years.
- The increasing number of air accidents and incidents is expected to boost the demand for aircraft propeller governors in order to ensure safety during flights.
- Growing awareness about safety features offered by aircraft propeller governors is projected to fuel their demand over the forecast period.
- Technological advancements in terms of design, performance, and efficiency are anticipated to create new opportunities for growth in this market over
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Propeller Governors Market Research Report
By Type
OEMs, Aftermarket
By Application
Military Aircraft, Commercial Airliners, Private Aircraft, Others
By Companies
Hartzell, Woodward, JIHOSTROJ a.s, McCauley, MT-Propeller, AVIC Huiyang Avation Propeller Co Ltd
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Propeller Governors Market Report Segments:
The global Aircraft Propeller Governors market is segmented on the basis of:
Types
OEMs, Aftermarket
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
Military Aircraft, Commercial Airliners, Private 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:
- Hartzell
- Woodward
- JIHOSTROJ a.s
- McCauley
- MT-Propeller
- AVIC Huiyang Avation Propeller Co Ltd
Highlights of The Aircraft Propeller Governors 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:
- OEMs
- Aftermarket
- By Application:
- Military Aircraft
- Commercial Airliners
- Private 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 Aircraft Propeller Governors 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Aircraft propeller governors are devices that help control the speed of an aircraft's propellers. They can be used to adjust the propeller's speed in order to maintain a desired altitude or course, or to reduce the amount of power needed to keep an aircraft moving.
Some of the key players operating in the aircraft propeller governors market are Hartzell, Woodward, JIHOSTROJ a.s, McCauley, MT-Propeller, AVIC Huiyang Avation Propeller Co Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Propeller Governors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Propeller Governors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Propeller Governors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Propeller Governors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Propeller Governors Market Size & Forecast, 2020-2028
4.5.1 Aircraft Propeller Governors Market Size and Y-o-Y Growth
4.5.2 Aircraft Propeller Governors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Military Aircraft
6.2.2 Commercial Airliners
6.2.3 Private Aircraft
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Propeller Governors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Propeller Governors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Military Aircraft
9.10.2 Commercial Airliners
9.10.3 Private Aircraft
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Military Aircraft
10.10.2 Commercial Airliners
10.10.3 Private Aircraft
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Military Aircraft
11.10.2 Commercial Airliners
11.10.3 Private Aircraft
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Military Aircraft
12.10.2 Commercial Airliners
12.10.3 Private Aircraft
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Military Aircraft
13.10.2 Commercial Airliners
13.10.3 Private Aircraft
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Propeller Governors Market: Competitive Dashboard
14.2 Global Aircraft Propeller Governors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hartzell
14.3.2 Woodward
14.3.3 JIHOSTROJ a.s
14.3.4 McCauley
14.3.5 MT-Propeller
14.3.6 AVIC Huiyang Avation Propeller Co Ltd
