Aircraft Micro Turbine Engines Market by Engine Type (Turbojet Micro Turbine Engines, Turboprop Micro Turbine Engines, Turboshaft Micro Turbine Engines), Fuel Type (Jet Fuel, Multi Fuel), Platform, Horsepower, Distribution Channel - Global Forecast 2024-2

Aircraft Micro Turbine Engines Market by Engine Type (Turbojet Micro Turbine Engines, Turboprop Micro Turbine Engines, Turboshaft Micro Turbine Engines), Fuel Type (Jet Fuel, Multi Fuel), Platform, Horsepower, Distribution Channel - Global Forecast 2024-2030


The Aircraft Micro Turbine Engines Market size was estimated at USD 3.33 billion in 2023 and expected to reach USD 3.55 billion in 2024, at a CAGR 7.18% to reach USD 5.41 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Aircraft Micro Turbine Engines Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aircraft Micro Turbine Engines Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Aircraft Micro Turbine Engines Market, highlighting leading vendors and their innovative profiles. These include AeroDesignWorks GmbH, Bharat Forge Ltd., BRP-Rotax GmbH & Co KG, Collins Aerospace by Raytheon Technologies Corporation, Elliott Group by Ebara Corporation, Exxon Mobil Corporation, General Electric Company, Hawk Turbine AB, HIRTH ENGINES GMBH, Honeywell International Inc., IHI Corporation, Ingenieurbüro CAT, M. Zipperer GmbH, Jets Munt S.L., Kratos Defense & Security Solutions, Inc., MDS Aero Support Corporation, Micro Turbine Technology BV, MTU Aero Engines AG, PBS Group. A.s., Rolls-Royce PLC, Safran S.A., Shell Group, Siemens AG, Stuttgart Engineering Propulsion Technologies, TurbAero, and Turbotech SAS.

Market Segmentation & Coverage

This research report categorizes the Aircraft Micro Turbine Engines Market to forecast the revenues and analyze trends in each of the following sub-markets:

Engine Type

Turbojet Micro Turbine Engines
  • Turboprop Micro Turbine Engines
  • Turboshaft Micro Turbine Engines
  • Fuel Type

    Jet Fuel
  • Multi Fuel
  • Platform

    Advanced Air Mobility

    Air Taxis
  • Cargo Drones
  • Commercial Aviation
  • General Aviation

    Business Jets
  • Light Aircraft
  • Military Aviation

    Military Aircraft
  • Military Drones
  • Horsepower

    100 to 200 HP
  • 50 to 100 HP
  • Below 50 HP
  • Greater than 200 HP
  • Distribution Channel

    Aftermarket
  • Original Equipment Manufacturer (OEM)
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Aircraft Micro Turbine Engines Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aircraft Micro Turbine Engines Market?
    3. What are the technology trends and regulatory frameworks in the Aircraft Micro Turbine Engines Market?
    4. What is the market share of the leading vendors in the Aircraft Micro Turbine Engines Market?
    5. Which modes and strategic moves are suitable for entering the Aircraft Micro Turbine Engines Market?


    Note: PDF & Excel + Online Access - 1 Year

  • 1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Language
    1.6. Limitations
    1.7. Assumptions
    1.8. Stakeholders
    2. Research Methodology
    2.1. Define: Research Objective
    2.2. Determine: Research Design
    2.3. Prepare: Research Instrument
    2.4. Collect: Data Source
    2.5. Analyze: Data Interpretation
    2.6. Formulate: Data Verification
    2.7. Publish: Research Report
    2.8. Repeat: Report Update
    3. Executive Summary
    4. Market Overview
    4.1. Introduction
    4.2. Aircraft Micro Turbine Engines Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Increasing usage of unmanned aerial vehicles (UAV) and vertical take-off and landing (VTOL) across the globe
    5.1.1.2. Surging air traffic and aircraft fleets globally
    5.1.1.3. Rising demand for high-efficiency aircraft from the military & defense sector
    5.1.2. Restraints
    5.1.2.1. High cost associated with aircraft micro turbine engines
    5.1.3. Opportunities
    5.1.3.1. Possibility of utilizing the waste heat-recovery system in micro turbine engines
    5.1.3.2. Technological advancements in the design and manufacture of aircraft micro turbine engines
    5.1.4. Challenges
    5.1.4.1. High concerns regarding failures and malfunctions in the engines
    5.2. Market Segmentation Analysis
    5.3. Market Trend Analysis
    5.4. Cumulative Impact of High Inflation
    5.5. Porter’s Five Forces Analysis
    5.5.1. Threat of New Entrants
    5.5.2. Threat of Substitutes
    5.5.3. Bargaining Power of Customers
    5.5.4. Bargaining Power of Suppliers
    5.5.5. Industry Rivalry
    5.6. Value Chain & Critical Path Analysis
    5.7. Regulatory Framework
    6. Aircraft Micro Turbine Engines Market, by Engine Type
    6.1. Introduction
    6.2. Turbojet Micro Turbine Engines
    6.3. Turboprop Micro Turbine Engines
    6.4. Turboshaft Micro Turbine Engines
    7. Aircraft Micro Turbine Engines Market, by Fuel Type
    7.1. Introduction
    7.2. Jet Fuel
    7.3. Multi Fuel
    8. Aircraft Micro Turbine Engines Market, by Platform
    8.1. Introduction
    8.2. Advanced Air Mobility
    8.3.1. Air Taxis
    8.3.2. Cargo Drones
    8.3. Commercial Aviation
    8.4. General Aviation
    8.5.1. Business Jets
    8.5.2. Light Aircraft
    8.5. Military Aviation
    8.6.1. Military Aircraft
    8.6.2. Military Drones
    9. Aircraft Micro Turbine Engines Market, by Horsepower
    9.1. Introduction
    9.2. 100 to 200 HP
    9.3. 50 to 100 HP
    9.4. Below 50 HP
    9.5. Greater than 200 HP
    10. Aircraft Micro Turbine Engines Market, by Distribution Channel
    10.1. Introduction
    10.2. Aftermarket
    10.3. Original Equipment Manufacturer (OEM)
    11. Americas Aircraft Micro Turbine Engines Market
    11.1. Introduction
    11.2. Argentina
    11.3. Brazil
    11.4. Canada
    11.5. Mexico
    11.6. United States
    12. Asia-Pacific Aircraft Micro Turbine Engines Market
    12.1. Introduction
    12.2. Australia
    12.3. China
    12.4. India
    12.5. Indonesia
    12.6. Japan
    12.7. Malaysia
    12.8. Philippines
    12.9. Singapore
    12.10. South Korea
    12.11. Taiwan
    12.12. Thailand
    12.13. Vietnam
    13. Europe, Middle East & Africa Aircraft Micro Turbine Engines Market
    13.1. Introduction
    13.2. Denmark
    13.3. Egypt
    13.4. Finland
    13.5. France
    13.6. Germany
    13.7. Israel
    13.8. Italy
    13.9. Netherlands
    13.10. Nigeria
    13.11. Norway
    13.12. Poland
    13.13. Qatar
    13.14. Russia
    13.15. Saudi Arabia
    13.16. South Africa
    13.17. Spain
    13.18. Sweden
    13.19. Switzerland
    13.20. Turkey
    13.21. United Arab Emirates
    13.22. United Kingdom
    14. Competitive Landscape
    14.1. FPNV Positioning Matrix
    14.2. Market Share Analysis, By Key Player
    14.3. Competitive Scenario Analysis, By Key Player
    15. Competitive Portfolio
    15.1. Key Company Profiles
    15.1.1. AeroDesignWorks GmbH
    15.1.2. Bharat Forge Ltd.
    15.1.3. BRP-Rotax GmbH & Co KG
    15.1.4. Collins Aerospace by Raytheon Technologies Corporation
    15.1.5. Elliott Group by Ebara Corporation
    15.1.6. Exxon Mobil Corporation
    15.1.7. General Electric Company
    15.1.8. Hawk Turbine AB
    15.1.9. HIRTH ENGINES GMBH
    15.1.10. Honeywell International Inc.
    15.1.11. IHI Corporation
    15.1.12. Ingenieurbüro CAT, M. Zipperer GmbH
    15.1.13. Jets Munt S.L.
    15.1.14. Kratos Defense & Security Solutions, Inc.
    15.1.15. MDS Aero Support Corporation
    15.1.16. Micro Turbine Technology BV
    15.1.17. MTU Aero Engines AG
    15.1.18. PBS Group. A.s.
    15.1.19. Rolls-Royce PLC
    15.1.20. Safran S.A.
    15.1.21. Shell Group
    15.1.22. Siemens AG
    15.1.23. Stuttgart Engineering Propulsion Technologies
    15.1.24. TurbAero
    15.1.25. Turbotech SAS
    15.2. Key Product Portfolio
    16. Appendix
    16.1. Discussion Guide
    16.2. License & Pricing
    FIGURE 1. AIRCRAFT MICRO TURBINE ENGINES MARKET RESEARCH PROCESS
    FIGURE 2. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, 2023 VS 2030
    FIGURE 3. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. AIRCRAFT MICRO TURBINE ENGINES MARKET DYNAMICS
    FIGURE 7. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY ENGINE TYPE, 2023 VS 2030 (%)
    FIGURE 8. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY ENGINE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY FUEL TYPE, 2023 VS 2030 (%)
    FIGURE 10. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY FUEL TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY PLATFORM, 2023 VS 2030 (%)
    FIGURE 12. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY PLATFORM, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY HORSEPOWER, 2023 VS 2030 (%)
    FIGURE 14. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY HORSEPOWER, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2030 (%)
    FIGURE 16. AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY DISTRIBUTION CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. AMERICAS AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 18. AMERICAS AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. UNITED STATES AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 20. UNITED STATES AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. ASIA-PACIFIC AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 22. ASIA-PACIFIC AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 23. EUROPE, MIDDLE EAST & AFRICA AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 24. EUROPE, MIDDLE EAST & AFRICA AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 25. AIRCRAFT MICRO TURBINE ENGINES MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 26. AIRCRAFT MICRO TURBINE ENGINES MARKET SHARE, BY KEY PLAYER, 2023

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