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

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

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
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
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
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


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)
9 Global Aircraft Micro Turbine Engines Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 GE Aviation
11.2 Honeywell International Inc
11.3 Rolls-Royce Holdings plc
11.4 Bf-Turbines
11.5 AMT Netherlands B.V.
11.6 Stuttgart Engineering Propulsion Technologies Ug
11.7 Micro Turbine Technology B.V.
11.8 Bowman
11.9 Jetcat Americas
11.10 Elliott Group
11.11 Turbotech Sas
11.12 Williams International
11.13 Hawk Turbine Ab
11.14 Brayton Energy
11.15 UAV Turbines Inc
11.16 PBS Group
11.17 Kratos Defense & Security Solutions Inc
11.18 Sentient Blue Technologies
11.19 Jetsmunt Sl
11.20 Lambert Microturbine
List of Tables
Table 1 Global Aircraft Micro Turbine Engines Market Outlook, By Region (2017-2027) ($MN)
Table 2 Global Aircraft Micro Turbine Engines Market Outlook, By Fuel Type (2017-2027) ($MN)
Table 3 Global Aircraft Micro Turbine Engines Market Outlook, By Biofuel (2017-2027) ($MN)
Table 4 Global Aircraft Micro Turbine Engines Market Outlook, By Synthetic Fuel (2017-2027) ($MN)
Table 5 Global Aircraft Micro Turbine Engines Market Outlook, By Jet A (2017-2027) ($MN)
Table 6 Global Aircraft Micro Turbine Engines Market Outlook, By Diesel (2017-2027) ($MN)
Table 7 Global Aircraft Micro Turbine Engines Market Outlook, By Kerosene (2017-2027) ($MN)
Table 8 Global Aircraft Micro Turbine Engines Market Outlook, By Platform (2017-2027) ($MN)
Table 9 Global Aircraft Micro Turbine Engines Market Outlook, By Cargo Aerial Vehicle (CAV) (2017-2027) ($MN)
Table 10 Global Aircraft Micro Turbine Engines Market Outlook, By Vertical Take-off and Landing (VTOL) (2017-2027) ($MN)
Table 11 Global Aircraft Micro Turbine Engines Market Outlook, By Military Trainer Aircraft (2017-2027) ($MN)
Table 12 Global Aircraft Micro Turbine Engines Market Outlook, By Ultra-Light Aircraft (2017-2027) ($MN)
Table 13 Global Aircraft Micro Turbine Engines Market Outlook, By Business Jet (2017-2027) ($MN)
Table 14 Global Aircraft Micro Turbine Engines Market Outlook, By Military Unmanned Aerial Vehicles (2017-2027) ($MN)
Table 15 Global Aircraft Micro Turbine Engines Market Outlook, By Air Taxi (2017-2027) ($MN)
Table 16 Global Aircraft Micro Turbine Engines Market Outlook, By Horsepower (2017-2027) ($MN)
Table 17 Global Aircraft Micro Turbine Engines Market Outlook, By 5-50 HP (2017-2027) ($MN)
Table 18 Global Aircraft Micro Turbine Engines Market Outlook, By 50-100 HP (2017-2027) ($MN)
Table 19 Global Aircraft Micro Turbine Engines Market Outlook, By 100-200 HP (2017-2027) ($MN)
Table 20 Global Aircraft Micro Turbine Engines Market Outlook, By Engine Type (2017-2027) ($MN)
Table 21 Global Aircraft Micro Turbine Engines Market Outlook, By Turboshaft (2017-2027) ($MN)
Table 22 Global Aircraft Micro Turbine Engines Market Outlook, By Turbojet (2017-2027) ($MN)
Table 23 Global Aircraft Micro Turbine Engines Market Outlook, By Application (2017-2027) ($MN)
Table 24 Global Aircraft Micro Turbine Engines Market Outlook, By Urban Air Mobility (UAM) (2017-2027) ($MN)
Table 25 Global Aircraft Micro Turbine Engines Market Outlook, By Civil (2017-2027) ($MN)
Table 26 Global Aircraft Micro Turbine Engines Market Outlook, By Military Aviation (2017-2027) ($MN)
Table 27 Global Aircraft Micro Turbine Engines Market Outlook, By Unmanned Aircraft (2017-2027) ($MN)
Table 28 Global Aircraft Micro Turbine Engines Market Outlook, By End User (2017-2027) ($MN)
Table 29 Global Aircraft Micro Turbine Engines Market Outlook, By Aftermarket (2017-2027) ($MN)
Table 30 Global Aircraft Micro Turbine Engines Market Outlook, By Original Equipment Manufacturer (OEM) (2017-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook