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Aircraft Turboprop Engine Market Forecasts to 2032 – Global Analysis By Engine Type (Single-Shaft Turboprop Engines, and Free Turbine Turboprop Engines), Power Output (Below 500 HP, 500 HP – 1,000 HP, 1,000 HP – 2,000 HP, and Above 2,000 HP), Propulsion,

Published Jan 21, 2026
Length 200 Pages
SKU # SMR20772025

Description

According to Stratistics MRC, the Global Aircraft Turboprop Engine Market is accounted for $5.2 billion in 2025 and is expected to reach $7.2 billion by 2032, growing at a CAGR of 4.8% during the forecast period. The aircraft turboprop engine market includes engines that drive propellers for regional aircraft, military transports, and special-mission platforms. It supports short-haul routes and operations from shorter runways. Growth is driven by demand for cost-effective regional connectivity, lower fuel consumption compared with jets on short sectors, expansion of regional airlines, defense transport needs, and increasing use in surveillance and utility aircraft.

Market Dynamics:

Driver:

Demand for regional connectivity and short-haul operations

The increasing necessity to link secondary cities and remote regions with major aviation hubs is a primary driver for market expansion. These short-haul missions uniquely suit turboprop engines, which provide up to 40% better fuel efficiency on routes less than 500 miles compared to regional jets. Airlines can service underserved markets with limited infrastructure thanks to their superior performance at lower altitudes and ability to operate from shorter, unpaved runways. Furthermore, as governments in emerging economies invest in domestic air-link schemes, the demand for these cost-effective propulsion systems continues to rise steadily.

Restraint:

Lower passenger preference compared to jets

Many travelers perceive turboprops as older, noisier, and less comfortable due to higher cabin vibration levels and lower cruise speeds. This ""propeller bias"" often leads commercial airlines to favor regional jets on competitive routes to maintain high load factors and brand prestige. Also, the longer transit times that come with turboprop flights can be a turn-off for business travelers, which mean that these engines are not used as much on longer regional routes around the world.

Opportunity:

Growth in special missions and cargo operations

The expansion of specialized aviation sectors, including maritime surveillance, search and rescue, and regional logistics, presents a substantial growth avenue. Turboprops offer the endurance and low-speed stability required for ""loitering"" missions, which are essential for defense and border security. Moreover, the explosion of e-commerce has heightened the need for feeder cargo aircraft that can deliver goods to smaller regional airports efficiently. Additionally, the rugged nature of these engines makes them ideal for humanitarian aid and medical evacuation in challenging environments, creating a diverse and resilient demand profile beyond commercial passenger transport.

Threat:

Pilot shortages impacting regional airline growth

Major airlines often recruit experienced pilots from regional tiers, leading to high attrition rates and increased recruitment costs for smaller operators. This instability can force airlines to reduce flight frequencies or retire turboprop fleets prematurely in favor of larger aircraft that require fewer crew members per seat. Furthermore, the rising cost of pilot training and certification may hinder the expansion of new regional startups, threatening long-term engine demand.

Covid-19 Impact:

The COVID-19 pandemic caused a severe contraction in the aviation sector, leading to a sharp decline in new engine orders and maintenance services. Lockdowns and travel restrictions forced regional airlines to ground extensive portions of their fleets, significantly reducing engine flight hours. However, the turboprop segment demonstrated more resilience than the wide-body market, as domestic connectivity and essential cargo flights remained operational. A renewed focus on fuel efficiency and the gradual restoration of regional air networks worldwide have characterized the post-pandemic recovery.

The free turbine turboprop engines segment is expected to be the largest during the forecast period

The free turbine turboprop engines segment is expected to account for the largest market share during the forecast period due to its superior operational flexibility and efficiency. Unlike fixed-shaft designs, the free turbine setup lets the propeller speed be controlled separately from the engine’s gas generator speed, improving performance during different stages of flight. This architecture significantly reduces the load during engine startup and provides a quieter cabin environment, which helps address passenger comfort concerns. Furthermore, the ease of maintenance and the modular nature of these engines make them highly attractive to cost-conscious regional and general aviation operators.

The cargo & logistics segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the cargo & logistics segment is predicted to witness the highest growth rate as global supply chains increasingly rely on rapid, decentralized distribution. The surge in ""last-mile"" delivery requirements and the growth of regional e-commerce hubs have necessitated a fleet of versatile, low-cost freighter aircraft. Turboprop engines are the preferred choice for these operations because they can handle high-frequency cycles and operate in varied climates with minimal ground support. Additionally, the conversion of older passenger turboprops into dedicated freighters is accelerating, further fueling the demand for engine overhauls and replacement parts in this specific niche.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share. An extensive network of regional airports, a mature general aviation sector, and significant defense spending on special mission aircraft support this dominance. The United States, in particular, hosts major engine manufacturers and a vast fleet of aging turboprops that require modernization or replacement. Moreover, the presence of established logistics giants who utilize turboprop feeders for domestic parcel delivery ensures a consistent demand for high-performance engines. The region's robust MRO infrastructure also supports the continued lifecycle of these propulsion systems.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. Rapid urbanization and the ""UDAN""-type schemes in countries like India and China are driving a massive expansion in regional air connectivity to previously inaccessible areas. As disposable incomes rise, the demand for affordable domestic air travel is surging, prompting airlines to invest in fuel-efficient turboprop fleets. Additionally, the geographic layout of archipelagic nations like Indonesia and the Philippines makes turboprop aircraft an essential tool for inter-island transport. Furthermore, increasing investments in indigenous aerospace manufacturing and regional defense modernization are positioning Asia Pacific as the primary growth engine for the global market.

Key players in the market

Some of the key players in Aircraft Turboprop Engine Market include Pratt & Whitney Canada, Honeywell International Inc., Rolls-Royce plc, GE Aerospace, Safran S.A., MTU Aero Engines AG, ITP Aero S.A., Europrop International GmbH, PBS Aerospace Inc., Motor Sich JSC, TUSAS Engine Industries, Inc., Klimov JSC, Aviadvigatel JSC, IHI Corporation, Aviation Industry Corporation of China (AVIC), and Williams International.

Key Developments:

In December 2025, Rolls-Royce began AE 1107 engine testing to power the U.S. Army’s FLRAA prototypes, reinforcing its turboprop portfolio alongside the M250 turboprop family.

In December 2025, ITP Aero signed a binding agreement to acquire Aero Norway, strengthening aftermarket capabilities while continuing turboprop component production.

In September 2025, Honeywell unveiled the HON1600 (SkyShot 1600) engine, a small-thrust turboprop/turbofan hybrid designed for unmanned and collaborative combat aircraft.

Engine Types Covered:
• Single-Shaft Turboprop Engines
• Free Turbine Turboprop Engines

Power Outputs Covered:
• Below 500 HP
• 500 HP – 1,000 HP
• 1,000 HP – 2,000 HP
• Above 2,000 HP

Propulsions Covered:
• Conventional (Thermal) Engines
• Hybrid-Electric Turboprops
• Hydrogen-Powered / SAF (Sustainable Aviation Fuel)

Platforms Covered:
• Fixed-Wing Aircraft
• Rotary-Wing
• Unmanned Aerial Vehicles (UAVs)

Applications Covered:
• Commercial Aviation
• Military Aviation
• General Aviation
• Cargo & Logistics

Point of Sales Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
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 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- 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

Table of Contents

200 Pages
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 Emerging Markets
3.8 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 Turboprop Engine Market, By Engine Type
5.1 Introduction
5.2 Single-Shaft Turboprop Engines
5.3 Free Turbine Turboprop Engines
6 Global Aircraft Turboprop Engine Market, By Power Output
6.1 Introduction
6.2 Below 500 HP
6.3 500 HP – 1,000 HP
6.4 1,000 HP – 2,000 HP
6.5 Above 2,000 HP
7 Global Aircraft Turboprop Engine Market, By Propulsion
7.1 Introduction
7.2 Conventional (Thermal) Engines
7.3 Hybrid-Electric Turboprops
7.4 Hydrogen-Powered / SAF (Sustainable Aviation Fuel)
8 Global Aircraft Turboprop Engine Market, By Platform
8.1 Introduction
8.2 Fixed-Wing Aircraft
8.3 Rotary-Wing
8.4 Unmanned Aerial Vehicles (UAVs)
9 Global Aircraft Turboprop Engine Market, By Application
9.1 Introduction
9.2 Commercial Aviation
9.3 Military Aviation
9.4 General Aviation
9.5 Cargo & Logistics
10 Global Aircraft Turboprop Engine Market, By Point of Sale
10.1 Introduction
10.2 Original Equipment Manufacturer (OEM)
10.3 Aftermarket
11 Global Aircraft Turboprop Engine 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 Pratt & Whitney Canada
13.2 Honeywell International Inc.
13.3 Rolls-Royce plc
13.4 GE Aerospace
13.5 Safran S.A.
13.6 MTU Aero Engines AG
13.7 ITP Aero S.A.
13.8 Europrop International GmbH
13.9 PBS Aerospace Inc.
13.10 Motor Sich JSC
13.11 TUSAS Engine Industries, Inc.
13.12 Klimov JSC
13.13 Aviadvigatel JSC
13.14 IHI Corporation
13.15 Aviation Industry Corporation of China (AVIC)
13.16 Williams International
List of Tables
Table 1 Global Aircraft Turboprop Engine Market Outlook, By Region (2024–2032) ($MN)
Table 2 Global Aircraft Turboprop Engine Market Outlook, By Engine Type (2024–2032) ($MN)
Table 3 Global Aircraft Turboprop Engine Market Outlook, By Single-Shaft Turboprop Engines (2024–2032) ($MN)
Table 4 Global Aircraft Turboprop Engine Market Outlook, By Free Turbine Turboprop Engines (2024–2032) ($MN)
Table 5 Global Aircraft Turboprop Engine Market Outlook, By Power Output (2024–2032) ($MN)
Table 6 Global Aircraft Turboprop Engine Market Outlook, By Below 500 HP (2024–2032) ($MN)
Table 7 Global Aircraft Turboprop Engine Market Outlook, By 500–1,000 HP (2024–2032) ($MN)
Table 8 Global Aircraft Turboprop Engine Market Outlook, By 1,000–2,000 HP (2024–2032) ($MN)
Table 9 Global Aircraft Turboprop Engine Market Outlook, By Above 2,000 HP (2024–2032) ($MN)
Table 10 Global Aircraft Turboprop Engine Market Outlook, By Propulsion (2024–2032) ($MN)
Table 11 Global Aircraft Turboprop Engine Market Outlook, By Conventional Engines (2024–2032) ($MN)
Table 12 Global Aircraft Turboprop Engine Market Outlook, By Hybrid-Electric Turboprops (2024–2032) ($MN)
Table 13 Global Aircraft Turboprop Engine Market Outlook, By Hydrogen-Powered / SAF Turboprops (2024–2032) ($MN)
Table 14 Global Aircraft Turboprop Engine Market Outlook, By Platform (2024–2032) ($MN)
Table 15 Global Aircraft Turboprop Engine Market Outlook, By Fixed-Wing Aircraft (2024–2032) ($MN)
Table 16 Global Aircraft Turboprop Engine Market Outlook, By Rotary-Wing (2024–2032) ($MN)
Table 17 Global Aircraft Turboprop Engine Market Outlook, By UAVs (2024–2032) ($MN)
Table 18 Global Aircraft Turboprop Engine Market Outlook, By Application (2024–2032) ($MN)
Table 19 Global Aircraft Turboprop Engine Market Outlook, By Commercial Aviation (2024–2032) ($MN)
Table 20 Global Aircraft Turboprop Engine Market Outlook, By Military Aviation (2024–2032) ($MN)
Table 21 Global Aircraft Turboprop Engine Market Outlook, By General Aviation (2024–2032) ($MN)
Table 22 Global Aircraft Turboprop Engine Market Outlook, By Cargo & Logistics (2024–2032) ($MN)
Table 23 Global Aircraft Turboprop Engine Market Outlook, By Point of Sale (2024–2032) ($MN)
Table 24 Global Aircraft Turboprop Engine Market Outlook, By OEM (2024–2032) ($MN)
Table 25 Global Aircraft Turboprop Engine Market Outlook, By Aftermarket (2024–2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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