Home Aerospace And Defense Aircraft Propeller System Market Size, Share and Forecast to 2031

Aircraft Propeller System Market

Aircraft Propeller System Market Size, Share & Trends Analysis Report By Propeller Type (Fixed Pitch Propellers, Varying Pitch Propellers, Controllable Pitch Propellers, Constant Speed Propellers, Full Feathering Propellers, Others), By End-User (Original Equipment Manufacturer (OEM), Aftermarket), By Component (Blades Metal Propellers, Composite Propellers, Wooden Propellers, Hubs, Spinners, Others), By Aircraft Type (Military Aircraft, Civil and Commercial Aircraft), By Products (Contra-Rotating Propeller, Counter-Rotating Propeller) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRAD54887DR
Study Period 2019-2031 CAGR 5.5%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 334 Million
Forecast Year 2031 Forecast Year Market Size USD 540 Million
Largest Market North America Fastest Growing Market Asia-Pacific
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Market Overview

The global aircraft propeller system market size was valued at USD 334 million in 2022 and is projected to reach USD 540 million by 2031, registering a CAGR of 5.5% during the forecast period (2023-2031).

The aircraft propeller system is the collection of components that generate thrust in an aircraft by turning engine power into rotational motion. It is critical in aviation, particularly in smaller and regional aircraft where jet engines may be impractical.

The market is projected to rise at a 5.5% CAGR due to increased demand for regional air travel, fuel-efficient solutions, and advancements in propeller system technologies, particularly in North America and Asia-Pacific. Continuous research and development initiatives to improve propeller efficiency, lower noise levels, and integrate hybrid propulsion systems drive this predicted rise. The introduction of 3D printing technology in aviation and digital propeller vibration trend monitoring systems are two important market trends in the aircraft propeller systems market.


  • Fixed-pitch propellers significantly contribute to the market based on propeller type.
  • OEMs are the major income generator based on end-users.
  • Blades holds the highest market share.
  • Civil/commercial aircraft are the largest contributor to the market.
  • Contra-rotating Propellers led the market.
  • North America dominates the market.

Market Dynamics

Global Market Drivers

Regional Air Travel Demand

The growing need for regional air travel, particularly in locations with shorter distances between airports, promotes the demand for propeller-equipped aircraft. These systems are ideal for short-distance flights and enable effective connectivity between smaller airports. The preference for shorter, more convenient flights connecting smaller airports has increased European regional air travel demand. Airlines such as Flybe (previously) specialized in regional flights with propeller-equipped aircraft. These airlines take advantage of the advantages of propeller-driven aircraft to efficiently serve routes that larger jets cannot reach, hence improving regional connectivity. Full-year traffic for European carriers increased by 132.2% compared to 2021. Capacity increased by 84.0%, while load factor increased by 16.7% to 80.6%. Demand increased 46.5% in December compared to the same month in 2021.

The International Air Transport Association (IATA) emphasized the potential of regional aviation in Asia-Pacific, predicting that regional travel will more than double by 2037. Furthermore, according to the Federal Aviation Administration (FAA), regional airports in the United States accounted for more than 40% of all U.S. passenger flights, demonstrating a large demand for short-haul and regional air travel.

Global Market Restraints

Speed Limitations

Propeller-driven aircraft have lower top speeds than jet-powered rivals. This constraint limits its application when higher speeds are required, such as long-distance commercial flights. According to the FAA, jet-powered aircraft are generally constructed for higher speeds and altitudes, making them suited for long-distance travel. Commercial aircraft can cruise at 550-600 mph (885-965 km/h) thanks to jet engines. IATA research shows jet engines provide the required power and speed for worldwide air transport. Commercial jet aircraft can fly beyond 5,000 miles (8,000 kilometers) in an acceptable time. The aviation industry's shift toward more efficient and direct routes for long-haul flights favors jet-powered aircraft, which can cover these distances faster and more pleasantly for passengers. This may limit the market growth.

Global Market Opportunities

Emerging Markets

Expanding the aviation sector into emerging economies, where infrastructure and runway lengths may be limited, creates a market for propeller-driven aircraft. These aircraft can operate efficiently from shorter runways, promoting aviation growth in these areas. According to the International Air Transport Association (IATA), passenger traffic in India's domestic aviation industry increased significantly, demonstrating the country's growing desire for air travel. Domestic passenger traffic in India surged by over 18% in a single year, according to the Civil Aviation Authority of India (DGCA). Through the UDAN (Ude Desh Ka Aam Nagrik) scheme, India's Ministry of Civil Aviation has prioritized the development of minor airports and regional connections. This concept encourages airlines to fly on underserved routes while encouraging regional aviation growth.

Similarly, The Aviation Industry Corporation of China (AVIC) emphasized the potential for expansion in the Asia-Pacific regional aviation sector, driven by rising economies and a need for efficient short-haul connectivity. These technologies can efficiently connect remote and underdeveloped destinations, helping to expand regional aviation networks in countries such as India and elsewhere. As a result, industry insights indicate that emerging markets have the potential to bring more chances to the market.

Regional Analysis

North America Dominates the Global Market 

The global aircraft propeller system market analysis is conducted across North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.

North America holds a sizeable global market share and is expected to boost at a CAGR of 5.4% during the forecast period because of the region's increased aircraft procurements. The market for aircraft propeller systems has huge development potential in nations such as the United States and Canada, where governments have boosted defense spending to strengthen civil and commercial aircraft fleets and military capabilities. The United States Department of Defense uses propeller-driven aircraft for various military purposes, such as transport, surveillance, and training. Numerous military sites and installations in North America operate this aircraft. The United States National Guard uses propeller-driven aircraft for reconnaissance and surveillance operations, demonstrating the aircraft's enduring military utility in North America. The importance of regional aviation in Canada is highlighted by Transport Canada Civil Aviation, which frequently employs propeller-driven aircraft to connect isolated towns.

Furthermore, the presence of major propeller system manufacturers in North America has resulted in the region having the greatest global market share. The increasing use of aircraft propeller systems for bush flying and offering access to distant places for activities such as hunting, fishing, and adventure tourism is boosting the region's market growth. Aside from that, the market insight proves that the increasing use of aircraft propeller systems for surveillance activities by law enforcement and government organizations is favorably influencing the market in the region.

Asia-Pacific is predicted to rise at a substantial CAGR of 5.8% throughout the forecast period. China has emerged as a global leader in UAV development as the country's UAV technology continues to grow. During the forecast period, developing new UAVs in China may generate a large need for propeller systems. The Asia-Pacific area, according to the International Air Transport Association (IATA), has been a major contributor to worldwide air travel demand, with several growing economies fueling the growth of the aviation industry. Asia-Pacific Airlines increased full-year foreign traffic by 363.3% in 2022 compared to 2021, keeping the region's highest year-over-year growth. The capacity increased by 129.9%, while the load factor increased by 37.3 percentage points to 74.0%. Traffic in December 2022 increased by 302.7% over December 2021.

Additionally, regional airline operations have increased in the Asia-Pacific area, with carriers like IndiGo in India and AirAsia in Southeast Asia running regional routes that benefit from the efficiency of turboprop aircraft. As per the market insights, The growing demand for turboprop aircraft from the commercial and military sectors is a primary driver in India's propeller systems market. Even in Japan, Australia, and other nations in the region, procurements of turboprop aircraft are expanding, adding to the region's market growth. 

The European market is expected to have the highest revenue growth rate during the projected period. Adopting 3D printing technology and introducing digital propeller vibration trend monitoring systems are two important trends in the European aircraft propeller systems market. These developments, combined with increased demand for new and replacement turboprop aircraft and uncrewed aerial vehicles, will fuel revenue growth in this region. However, aircraft OEMs and part manufacturers confront hurdles due to the high costs and complex certification processes connected with aircraft parts production. This creates a barrier for future participants with the potential to enter the market.

Report Scope

Report Metric Details
By Propeller Type
  1. Fixed Pitch Propellers
  2. Varying Pitch Propellers
  3. Controllable Pitch Propellers
  4. Constant Speed Propellers
  5. Full Feathering Propellers
  6. Others
By End-User
  1. Original Equipment Manufacturer (OEM)
  2. Aftermarket
By Component
  1. Blades Metal Propellers
  2. Composite Propellers
  3. Wooden Propellers
  4. Hubs
  5. Spinners
  6. Others
By Aircraft Type
  1. Military Aircraft
  2. Civil and Commercial Aircraft
By Products
  1. Contra-Rotating Propeller
  2. Counter-Rotating Propeller
Company Profiles Aerosila Airmaster Propellers Ltd Dowty Propellers DUC Hélices Propellers FP-propeller Srl GSC Systems Inc. Hartzell Propeller Hélices E-Props Hercules Propellers Ltd McCauley Propeller Systems (Textron Aviation Inc.) MT-Propeller Entwicklung GmbH Peter De Necker Sensenich Propeller Whirlwind Propellers Corporation.
Geographies Covered
North America U.S. Canada
Europe U.K. Germany France Spain Italy Russia Nordic Benelux Rest of Europe
APAC China Korea Japan India Australia Taiwan South East Asia Rest of Asia-Pacific
Middle East and Africa UAE Turkey Saudi Arabia South Africa Egypt Nigeria Rest of MEA
LATAM Brazil Mexico Argentina Chile Colombia Rest of LATAM
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
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Segmental Analysis

The global aircraft propeller system market is segmented based on propeller type, component, end-user, aircraft type, product, and region.

Propeller type is further segmented into Fixed-pitch propellers and varying-pitch propellers.

Fixed-pitch propellers are a significant contributor to the market.

Fixed pitch propellers

The angle of the blade in fixed-pitch propellers is fixed and cannot be altered during flight. These propellers are simple in design and inexpensive to produce. They are often utilized in smaller airplanes and situations where the operational requirements of the aircraft are consistent.

Variable pitch propellers

Variable pitch propellers, also known as controlled pitch propellers, allow the blade angle to be adjusted during flight. This flexibility allows pilots to maximize propeller performance for various flying scenarios, including takeoff, climb, cruise, and descent. Variable-pitch propellers are more flexible and efficient, making them appropriate for various aircraft types, including regional planes, turboprops, and some military aircraft.

Based on end-user, the market is segmented into OEM and aftermarket.

OEMs are the major income generator.


This group covers companies that build aircraft with propeller systems as standard equipment. OEMs design, manufacture, and integrate propeller systems into new aircraft during manufacturing.


After the aircraft has been delivered and operational, the aftermarket section covers propeller systems' maintenance, repair, and replacement. Service companies, maintenance facilities, and vendors who provide components, repairs, upgrades, and overhauls for existing propeller systems are included.

Based on components, the market is divided into Blades (Metal, composite, wooden propellers), hubs, spinners, and others.

Blades holds the highest market share.


This section includes the propeller system's actual rotating blades. Metal, composite, and wood blades can be produced, each giving significant performance, durability, and weight advantages. Metal blades are strong and long-lasting, ideal for high-performance applications and bigger aircraft. Composite materials balance strength and weight, contributing to increased fuel efficiency and reduced vibration. Some propeller systems have utilized traditional wooden blades, which provide a classic look and specific performance qualities.


The hub is the primary component that secures the blades and allows them to rotate. Hubs are designed to transmit engine power to each blade uniformly.

Based on aircraft type, the market is fragmented into Military and civil/commercial aircraft.

Civil/commercial aircraft are the largest contributor to the market.

Civil/commercial aircraft

This category includes various civil and commercial aircraft that use propeller technology. Regional and short-haul flights, cargo transport, general aviation, and specialized tasks are all possible with this aircraft.

Military aircraft

This category includes all types of military aircraft having propeller systems. Military aircraft perform various functions, including surveillance, transport, training, and warfare. Military aircraft with propellers are appreciated for their adaptability, cost-effectiveness, and fit for certain missions.

Based on product, the market is classified into Contra-Rotating Propellers and Counter-rotating Propellers.

Contra-rotating Propellers led the market.

Contra-rotating propellers

Contra-rotating propellers, also known as coaxial propellers, comprise two blades that rotate in opposite directions around the same axis. The front set of blades pushes air backward, while the rear set accelerates the air even further, resulting in enhanced propulsive efficiency and reduced turbulence.

Counter-rotating propellers

Counter-rotating propellers comprise two distinct propellers placed on the same engine or aircraft, with one revolving in the opposite direction. These propellers improve efficiency by minimizing torque and swirl.

Market Size By Propeller Type

Recent Developments

  • August 2023- Adaptix and Dowty collaborated on the Auto3DX NDE4.0 project.
  • June 2023- PLANA and DUC Hélices Propellers formed the Alliance for Hybrid eVTOL Propellers.

Top Key Players

Aerosila Airmaster Propellers Ltd Dowty Propellers DUC Hélices Propellers FP-propeller Srl GSC Systems Inc. Hartzell Propeller Hélices E-Props Hercules Propellers Ltd McCauley Propeller Systems (Textron Aviation Inc.) MT-Propeller Entwicklung GmbH Peter De Necker Sensenich Propeller Whirlwind Propellers Corporation. Others

Frequently Asked Questions (FAQs)

What is the estimated growth rate (CAGR) of the global aircraft propeller system market?
The global aircraft propeller system market size is growing at a CAGR of 5.5% from 2023 to 2031.
North America has the largest share of the market.
Regional air travel demand is the key driver for the growth of the market.
Emerging markets is one of the upcoming trend in the market.
The key players in the global Market include Aerosila, Airmaster Propellers Ltd, Dowty Propellers, DUC Hélices Propellers, FP-propeller Srl, GSC Systems Inc., Hartzell Propeller, Hélices E-Props, Hercules Propellers Ltd, McCauley Propeller Systems (Textron Aviation Inc.), MT-Propeller Entwicklung GmbH, Peter De Necker, Sensenich Propeller, and Whirlwind Propellers Corporation.

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