Aircraft Micro Turbine Engines Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The propulsion system is one of the most important components in the UAV. Thus, the choice of engines is one of the most vital tasks in the design phase of a UAV. Currently, the demand for microturbine engines has been growing from the last few years. This is due to less durability of fully electric propulsion systems; microturbine engines are being mostly used for UAVs. Moreover, microturbine engines offer different advantages, such as a small number of moving parts, compact size, lightweight, lower emissions, and greater efficiency.

MARKET DYNAMICS

The increasing use of UAVs for countering external and internal security threats are some of the major factors driving the growth of the aircraft microturbine engines market. Moreover, low operating and maintenance costs, limited range, and capacity of fully electric aircraft are some of the other factors driving the growth of the aircraft microturbine engines market.

MARKET SCOPE

The "Global Aircraft Micro Turbine Engines Market Analysis to 2031" is a specialized and in-depth study of the aircraft micro turbine engines market with a special focus on the global market trend analysis. The report aims to provide an overview of aircraft micro turbine engines market with detailed market segmentation by engine type, platform, horsepower, fuel type. The global aircraft micro turbine engines market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aircraft micro turbine engines market players and offers key trends and opportunities in the aircraft micro turbine engines market.

MARKET SEGMENTATION

The global aircraft micro turbine engines market is segmented on the basis of engine type, platform, horsepower, fuel type. On the basis of engine type, the market is segmented as turbojet MTE, turboshaft MTE. On the basis of platform, the market is segmented as urban air mobility, ultra-light aircraft, military trainer aircraft, military unmanned aerial vehicles (UAV). On the basis of horsepower, the market is segmented as 5-50 HP, 50-100 HP, 100-200 HP. On the basis of fuel type, the market is segmented as kerosene, jet A, biofuel, synthetic fuel

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aircraft micro turbine engines market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aircraft micro turbine engines market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting aircraft micro turbine engines market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the aircraft micro turbine engines market in these regions.

MARKET PLAYERS

The reports cover key developments in the aircraft micro turbine engines market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from aircraft micro turbine engines market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft micro turbine engines market. Below mentioned is the list of few companies engaged in the aircraft micro turbine engines market.

The report also includes the profiles of key aircraft micro turbine engines market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   AMT Netherlands B.V.
  
•   BF-Turbines
  
•   Hawk Turbine AB
  
•   Jet turbine Co., Ltd.
  
•   JetsMunt SL
  
•   Lambert Microturbine
  
•   PBS Group
  
•   Sentient Blue Technologies
  
•   Stuttgart Engineering Propulsion Technologies
  
•   UAV Turbines, Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aircraft Micro Turbine Engines Report Scope