Aircraft Micro Turbine Engines Market
PUBLISHED: 2020 ID: SMRC19156
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Aircraft Micro Turbine Engines Market

Aircraft Micro Turbine Engines - Global Market Outlook (2018-2027)

4.4 (40 reviews)
4.4 (40 reviews)
Published: 2020 ID: SMRC19156

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Aircraft Micro Turbine Engines Market is accounted for $19.53 million in 2018 and is expected to reach $54.17 million by 2027 growing at a CAGR of 12.0% during the forecast period. Some of the key factors propelling the market growth are compact size of aircraft micro turbine engines, need for reducing carbon emission, and limited capacity of fully electric aircrafts. However, high cost of manufacturing is the restraining factor for the growth of the market.

The high speed turbine engines used for the propulsion of aircrafts are known as aircraft micro turbine engines. It is a major component of any aircraft and has crucial functions for the smooth propulsion.

By platform, the vertical take-off and landing (VTOL) segment is expected to grow at a significant market share during the forecast period due to the increased demand for faster mobility throughout the urban areas. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the increased number of air passengers in the region.

Some of the key players in Aircraft Micro Turbine Engines Market include GE Aviation, Honeywell International Inc, Rolls-Royce Holdings plc, Bf-Turbines, AMT Netherlands B.V., Stuttgart Engineering Propulsion Technologies Ug, Micro Turbine Technology B.V., Bowman, Jetcat Americas, Elliott Group, Turbotech Sas, Williams International, Hawk Turbine Ab, Brayton Energy, UAV Turbines Inc, PBS Group, Kratos Defense & Security Solutions Inc, Sentient Blue Technologies, Jetsmunt Sl, and Lambert Microturbine.

Fuel Types Covered:
• Biofuel
• Synthetic Fuel
• Jet A
• Diesel
• Kerosene

Platforms Covered:
• Cargo Aerial Vehicle (CAV)
• Vertical Take-off and Landing (VTOL)
• Military Trainer Aircraft
• Ultra-Light Aircraft
• Business Jet
• Military Unmanned Aerial Vehicles
• Air Taxi

Horsepowers Covered:
• 5-50 HP
• 50-100 HP
• 100-200 HP

Engine Types Covered:
• Turboshaft
• Turbojet

Applications Covered:
• Urban Air Mobility (UAM)
• Civil
• Military Aviation
• Unmanned Aircraft

End Users Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary    
      
2 Preface    
 
 2.1 Abstract    
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology  
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions  
       
3 Market Trend Analysis   

 3.1 Introduction   
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities   
 3.5 Threats    
 3.6 Application Analysis   
 3.7 End User Analysis   
 3.8 Emerging Markets   
 3.9 Impact of Covid-19 
       
4 Porters Five Force Analysis   

 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers  
 4.3 Threat of substitutes   
 4.4 Threat of new entrants  
 4.5 Competitive rivalry   
      
5 Global Aircraft Micro Turbine Engines Market, By Fuel Type
 5.1 Introduction   
 5.2 Biofuel    
 5.3 Synthetic Fuel   
 5.4 Jet A    
 5.5 Diesel    
 5.6 Kerosene    
      
6 Global Aircraft Micro Turbine Engines Market, By Platform
 6.1 Introduction   
 6.2 Cargo Aerial Vehicle (CAV)   
 6.3 Vertical Take-off and Landing (VTOL) 
 6.4 Military Trainer Aircraft  
 6.5 Ultra-Light Aircraft   
 6.6 Business Jet   
 6.7 Military Unmanned Aerial Vehicles 
 6.8 Air Taxi    
      
7 Global Aircraft Micro Turbine Engines Market, By Horsepower

 7.1 Introduction   
 7.2 5-50 HP    
 7.3 50-100 HP   
 7.4 100-200 HP   
      
8 Global Aircraft Micro Turbine Engines Market, By Engine Type
 8.1 Introduction   
 8.2 Turboshaft   
 8.3 Turbojet    
      
9 Global Aircraft Micro Turbine Engines Market, By Application

 9.1 Introduction   
 9.2 Urban Air Mobility (UAM)  
 9.3 Civil    
 9.4 Military Aviation   
 9.5 Unmanned Aircraft   
      
10 Global Aircraft Micro Turbine Engines Market, By End User
 10.1 Introduction   
 10.2 Aftermarket   
 10.3 Original Equipment Manufacturer (OEM) 
      
11 Global Aircraft Micro Turbine Engines Market, By Geography
 11.1 Introduction   
 11.2 North America   
  11.2.1 US   
  11.2.2 Canada   
  11.2.3 Mexico   
 11.3 Europe     
  11.3.1 Germany   
  11.3.2 UK   
  11.3.3 Italy   
  11.3.4 France   
  11.3.5 Spain   
  11.3.6 Rest of Europe  
 11.4 Asia Pacific   
  11.4.1 Japan   
  11.4.2 China   
  11.4.3 India   
  11.4.4 Australia   
  11.4.5 New Zealand  
  11.4.6 South Korea  
  11.4.7 Rest of Asia Pacific  
 11.5 South America   
  11.5.1 Argentina   
  11.5.2 Brazil   
  11.5.3 Chile   
  11.5.4 Rest of South America 
 11.6 Middle East & Africa   
  11.6.1 Saudi Arabia  
  11.6.2 UAE   
  11.6.3 Qatar   
  11.6.4 South Africa  
  11.6.5 Rest of Middle East & Africa 
      
12 Key Developments    
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
 12.2 Acquisitions & Mergers  
 12.3 New Product Launch   
 12.4 Expansions   
 12.5 Other Key Strategies   
      
13 Company Profiling    
 13.1 GE Aviation   
 13.2 Honeywell International Inc  
 13.3 Rolls-Royce Holdings plc  
 13.4 Bf-Turbines   
 13.5 AMT Netherlands B.V.  
 13.6 Stuttgart Engineering Propulsion Technologies Ug
 13.7 Micro Turbine Technology B.V.  
 13.8 Bowman    
 13.9 Jetcat Americas   
 13.10 Elliott Group   
 13.11 Turbotech Sas   
 13.12 Williams International  
 13.13 Hawk Turbine Ab   
 13.14 Brayton Energy   
 13.15 UAV Turbines Inc   
 13.16 PBS Group   
 13.17 Kratos Defense & Security Solutions Inc 
 13.18 Sentient Blue Technologies  
 13.19 Jetsmunt Sl   
 13.20 Lambert Microturbine 


List of Tables     
1 Global Aircraft Micro Turbine Engines Market Outlook, By Region (2017-2027) ($MN)
2 Global Aircraft Micro Turbine Engines Market Outlook, By Fuel Type (2017-2027) ($MN)
3 Global Aircraft Micro Turbine Engines Market Outlook, By Biofuel (2017-2027) ($MN)
4 Global Aircraft Micro Turbine Engines Market Outlook, By Synthetic Fuel (2017-2027) ($MN)
5 Global Aircraft Micro Turbine Engines Market Outlook, By Jet A (2017-2027) ($MN)
6 Global Aircraft Micro Turbine Engines Market Outlook, By Diesel (2017-2027) ($MN)
7 Global Aircraft Micro Turbine Engines Market Outlook, By Kerosene (2017-2027) ($MN)
8 Global Aircraft Micro Turbine Engines Market Outlook, By Platform (2017-2027) ($MN)
9 Global Aircraft Micro Turbine Engines Market Outlook, By Cargo Aerial Vehicle (CAV) (2017-2027) ($MN)
10 Global Aircraft Micro Turbine Engines Market Outlook, By Vertical Take-off and Landing (VTOL) (2017-2027) ($MN)
11 Global Aircraft Micro Turbine Engines Market Outlook, By Military Trainer Aircraft (2017-2027) ($MN)
12 Global Aircraft Micro Turbine Engines Market Outlook, By Ultra-Light Aircraft (2017-2027) ($MN)
13 Global Aircraft Micro Turbine Engines Market Outlook, By Business Jet (2017-2027) ($MN)
14 Global Aircraft Micro Turbine Engines Market Outlook, By Military Unmanned Aerial Vehicles (2017-2027) ($MN)
15 Global Aircraft Micro Turbine Engines Market Outlook, By Air Taxi (2017-2027) ($MN)
16 Global Aircraft Micro Turbine Engines Market Outlook, By Horsepower (2017-2027) ($MN)
17 Global Aircraft Micro Turbine Engines Market Outlook, By 5-50 HP (2017-2027) ($MN)
18 Global Aircraft Micro Turbine Engines Market Outlook, By 50-100 HP (2017-2027) ($MN)
19 Global Aircraft Micro Turbine Engines Market Outlook, By 100-200 HP (2017-2027) ($MN)
20 Global Aircraft Micro Turbine Engines Market Outlook, By Engine Type (2017-2027) ($MN)
21 Global Aircraft Micro Turbine Engines Market Outlook, By Turboshaft (2017-2027) ($MN)
22 Global Aircraft Micro Turbine Engines Market Outlook, By Turbojet (2017-2027) ($MN)
23 Global Aircraft Micro Turbine Engines Market Outlook, By Application (2017-2027) ($MN)
24 Global Aircraft Micro Turbine Engines Market Outlook, By Urban Air Mobility (UAM) (2017-2027) ($MN)
25 Global Aircraft Micro Turbine Engines Market Outlook, By Civil (2017-2027) ($MN)
26 Global Aircraft Micro Turbine Engines Market Outlook, By Military Aviation (2017-2027) ($MN)
27 Global Aircraft Micro Turbine Engines Market Outlook, By Unmanned Aircraft (2017-2027) ($MN)
28 Global Aircraft Micro Turbine Engines Market Outlook, By End User (2017-2027) ($MN)
29 Global Aircraft Micro Turbine Engines Market Outlook, By Aftermarket (2017-2027) ($MN)
30 Global Aircraft Micro Turbine Engines Market Outlook, By Original Equipment Manufacturer (OEM) (2017-2027) ($MN)
      
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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