Zion Market Research Global Aeronautic Propeller Market, 2016–2024 | Page 4
Aeronautic Propeller Market
Another factor that is driving the demand of the market is the designing of the new
system for the aeronautics propulsion in order to minimize the fuel intake.
Global Aeronautic Propeller Market: Regional Analysis
The market for the aeronautic propeller is dominated by Asia Pacific. The Asian
countries that are majorly contributing to the aeronautic propeller market are India,
China, and South Korea. The other reason that is positively affecting the aeronautic
propeller market is the growing demand for the aircraft in this region. In the coming
years, North America is anticipated to witness a significant market growth. Europe and
Latin America regions will also experience a positive aeronautic propeller market growth
in the coming years. The market growth in the Middle East & Africa region is moderate.
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Global Aeronautic Propeller Market: Competitive Players
The key market players that are involved in the aeronautic propeller market include
Aero Performance Propellers Ltd., MT-Propeller Entwicklung GmbH., UTC Aerospace
Systems, Warp Drive, Inc., GT Propellers, Hartzell Propeller Inc., Sensenich Propeller
Manufacturing Co., Inc., Hoffmann Propeller GmbH & Co. KG, McCauley Propeller
Systems, and Powerfin Propellers.