Global Commercial Aircraft Propeller Systems Market 2016-2020 – Challenges to Introduce Design Innovations – Research and Markets
By Business Wire News
By Business Wire News
Research and Markets has announced the addition of the “Global Commercial Aircraft Propeller Systems Market 2016-2020” report to their offering.
The report forecast the global commercial aircraft propeller systems market to grow at a CAGR of 3.9% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
APAC has emerged as one of the potential markets for turboprop aircraft. Therefore, manufacturers are focusing their new product launch targeting this region. ATR has recently launched two new versions of its ATR 72-600 in APAC. The end-users for both the versions of its ATR 72-600 are from APAC: Cebu Pacific from Philippines and Air Niugini from Papua New Guinea.
According to the report, operators in the aviation industry are continuously striving to reduce their operating costs and increase their profit margins. Consequently, many vendors in the aviation industry are engaging in the development of new engines that will help to increase the operational and fuel efficiency of an aircraft. This will lead to the development of advanced propellers, which in turn will foster the prospects for market growth until the end of 2020.
Further, the report states that there are different technical challenges as well as regulatory and certification-related hurdles to adding new aircraft parts. One of the greatest challenges to introducing design innovations in the aviation industry is the prohibitive cost, primarily driven by the safety and certification requirements, which require expertise in this field.
- Dowty Propellers
- Hartzell Propeller
- UTC Aerospace Systems
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Aerospace and defense supply chain system
PART 07: Aerospace and defense value chain system
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
For more information visit http://www.researchandmarkets.com/research/xxbhgr/global_commercial
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Sector: Avionics, Aircraft