Table of Content

1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.3 STUDY SCOPE 28
FIGURE 1 AIRCRAFT MICRO TURBINE ENGINES MARKET SEGMENTATION 28
1.3.1 REGIONAL SCOPE 28
1.4 YEARS CONSIDERED 29
1.5 CURRENCY & PRICING 29
TABLE 1 USD EXCHANGE RATES 29
1.5.1 INCLUSIONS & EXCLUSIONS 30
1.6 LIMITATIONS 30
1.7 STAKEHOLDERS 30
1.8 SUMMARY OF CHANGES 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 2 REPORT PROCESS FLOW 32
FIGURE 3 AIRCRAFT MICRO TURBINE ENGINES MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.1.1 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Key data from primary sources 35
2.1.2.2 Breakdown of primaries 35
2.1.3 INTRODUCTION 36
2.1.4 DEMAND-SIDE INDICATORS 36
2.1.4.1 Growth of military expenditure on unmanned technologies 36
2.1.5 SUPPLY-SIDE INDICATORS 36
2.1.5.1 Technological disruption affecting aviation sector 37
2.1.5.2 Need for minimizing limitations of current generation of
propulsion technologies 37
2.2 MARKET SIZE ESTIMATION 37
2.3 RESEARCH APPROACH & METHODOLOGY 37
2.3.1 BOTTOM-UP APPROACH 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 38
2.3.2 TOP-DOWN APPROACH 38
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 38
2.3.2.1 COVID-19 impact on aircraft micro turbine engines market 38
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2.4 DATA TRIANGULATION 39
FIGURE 6 DATA TRIANGULATION 39
2.5 GROWTH RATE ASSUMPTIONS 40
2.6 ASSUMPTIONS 40
2.7 RISK ANALYSIS 40
3 EXECUTIVE SUMMARY 41
FIGURE 7 AFTERMARKET SEGMENT ESTIMATED TO HOLD LARGEST MARKET
SHARE IN 2021 42
FIGURE 8 AUXILIARY POWER SEGMENT TO ACCOUNT FOR LARGEST SHARE
OF AIRCRAFT MICRO TURBINE ENGINES MARKET IN 2021 42
FIGURE 9 EUROPE DOMINATED LARGEST SHARE OF AIRCRAFT MICRO TURBINE ENGINES MARKET IN 2021 43
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES IN AIRCRAFT MICRO TURBINE ENGINES MARKET,
2021–2030 44
FIGURE 10 INCREASE IN REGULATIONS FOR REDUCING AIRCRAFT EMISSIONS GLOBALLY TO DRIVE ADOPTION OF AIRCRAFT MICRO TURBINE ENGINES 44
4.2 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY HORSEPOWER 44
FIGURE 11 ABOVE 200 HP SEGMENT PROJECTED TO LEAD MARKET DURING
FORECAST PERIOD 44
4.3 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY ENGINE TYPE 45
FIGURE 12 TURBOSHAFT SEGMENT EXPECTED TO INFLUENCE AIRCRAFT MICRO
TURBINE ENGINES MARKET DURING FORECAST PERIOD 45
4.4 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY COUNTRY 45
FIGURE 13 GERMANY ESTIMATED TO REGISTER HIGHEST CAGR IN AIRCRAFT MICRO TURBINE ENGINES MARKET DURING FORECAST PERIOD 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 47
FIGURE 14 AIRCRAFT MICRO TURBINE ENGINES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 47
5.2.1 DRIVERS 48
5.2.1.1 Low operating and maintenance costs of micro turbine engines 48
FIGURE 15 OPERATIONAL COSTS (%) FOR AIRCRAFT (EXCLUDING OWNERSHIP COST) 48
5.2.1.2 Introduction of new generation hybrid architecture in aircraft 49
5.2.1.3 Enforcement of stringent regulations for emission and noise 49
5.2.2 RESTRAINTS 50
5.2.2.1 High overall temperature of systems restricts adoption 50
5.2.3 OPPORTUNITIES 50
5.2.3.1 Emergence of hybrid electric power generation technology 50
5.2.3.2 Development of distributed power generation systems 50
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5.2.4 CHALLENGES 51
5.2.4.1 Reliability of micro turbine engines in harsh environments 51
5.2.4.2 High cost of micro turbine engines 51
5.3 RANGES AND SCENARIOS 52
FIGURE 16 IMPACT OF COVID-19 ON THE MARKET: GLOBAL SCENARIOS 52
5.4 IMPACT OF COVID-19 ON AIRCRAFT MICRO TURBINE ENGINES MARKET 53
FIGURE 17 IMPACT OF COVID-19 ON AIRCRAFT MICRO TURBINE ENGINES MARKET 53
5.4.1 DEMAND-SIDE IMPACT 54
5.4.1.1 Key developments from January 2020 to November 2022 54
TABLE 2 KEY DEVELOPMENTS IN AIRCRAFT MICRO TURBINE ENGINES
MARKET 2020-2021 54
5.4.2 SUPPLY-SIDE IMPACT 54
5.4.2.1 Key developments from January 2020 to June 2021 54
TABLE 3 KEY DEVELOPMENTS IN AIRCRAFT MICRO TURBINE ENGINES
MARKET 2020-2021 54
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES 55
5.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR AIRCRAFT MICRO TURBINE ENGINE MANUFACTURERS 55
FIGURE 18 REVENUE SHIFT IN AIRCRAFT MICRO TURBINE ENGINES MARKET 55
5.6 AVERAGE SELLING PRICE ANALYSIS OF AIRCRAFT MICRO TURBINE ENGINES, 2021 55
TABLE 4 AVERAGE SELLING PRICE ANALYSIS OF AIRCRAFT MICRO TURBINE
ENGINES AND COMPONENTS IN 2021 55
5.7 AIRCRAFT MICRO TURBINE MARKET ENGINES ECOSYSTEM 56
5.7.1 PROMINENT COMPANIES 56
5.7.2 PRIVATE AND SMALL ENTERPRISES 56
5.7.3 END USERS 56
FIGURE 19 AIRCRAFT MICRO TURBINE ENGINES MARKET ECOSYSTEM MAP 56
TABLE 5 AIRCRAFT MICRO TURBINE ENGINES MARKET ECOSYSTEM 57
5.8 TECHNOLOGY ANALYSIS 57
5.8.1 ADVANCED HYBRID RANGE EXTENDER 57
5.8.2 PREDICTIVE MAINTENANCE 57
5.8.3 COMPOSITE TECHNOLOGY 58
5.9 USE CASE ANALYSIS 58
5.9.1 USE CASE: ELECTRIC HYBRID PROPULSION SYSTEM 58
5.10 VALUE CHAIN ANALYSIS OF AIRCRAFT MICRO TURBINE ENGINES MARKET 59
FIGURE 20 VALUE CHAIN ANALYSIS 59
5.11 PORTER’S FIVE FORCES ANALYSIS 60
TABLE 6 AIRCRAFT MICRO TURBINE ENGINES MARKET: PORTER’S FIVE FORCES 61
5.11.1 THREAT OF NEW ENTRANTS 61
5.11.2 THREAT OF SUBSTITUTES 61
5.11.3 BARGAINING POWER OF SUPPLIERS 61
5.11.4 BARGAINING POWER OF BUYERS 61
5.11.5 INTENSITY OF COMPETITIVE RIVALRY 62
5.12 TRADE ANALYSIS 62
TABLE 7 COUNTRY-WISE EXPORT, AIRCRAFT, SPACECRAFT, AND PARTS THEREOF, 2019-2020 (USD THOUSAND) 62
TABLE 8 COUNTRY-WISE IMPORTS, AIRCRAFT, SPACECRAFT, AND PARTS THEREOF, 2019-2020 (USD THOUSAND) 63
5.13 VOLUME DATA 64
TABLE 9 PISTON AND TURBOPROP ENGINE AIRCRAFT DELIVERIES (1970-2020) 64
5.14 TARIFF AND REGULATORY LANDSCAPE 65
6 INDUSTRY TRENDS 66
6.1 INTRODUCTION 66
6.2 TECHNOLOGY TRENDS 66
6.2.1 DISRUPTIVE TECHNOLOGIES: 3D PRINTING, ADDITIVE MANUFACTURING 66
6.2.2 FUEL AGNOSTIC MICRO TURBINE ENGINES 66
6.2.3 AIRCRAFT HYBRID ELECTRIFICATION TECHNOLOGY 67
FIGURE 21 AIRCRAFT HYBRID ELECTRIFICATION TECHNOLOGY ROADMAP 67
6.2.4 ALTERNATIVE TECHNOLOGIES 67
6.2.4.1 Advanced batteries 67
TABLE 10 TYPES OF ADVANCED AIRCRAFT BATTERIES: COMPARATIVE STUDY 67
6.2.4.2 Lithium-sulphur (Li-S) 68
6.2.4.3 Gas engines 68
6.2.4.4 Fuel cells 68
FIGURE 22 FUTURISTIC FUEL CELL SYSTEM IN AIRBUS AIRCRAFT 68
6.3 SUPPLY CHAIN ANALYSIS 69
FIGURE 23 SUPPLY CHAIN ANALYSIS 69
6.4 NASA ELECTRIFIED AIRCRAFT PROPULSION (EAP) PROGRAMS 70
TABLE 11 ELECTRIC AND HYBRID AIRCRAFT PROGRAMS 70
6.4.1 NASA STARC-ABL 71
6.4.2 BOEING SUGAR FREEZE 71
6.4.3 NASA N3-X 71
6.4.4 ESAERO ECO-150 71
6.4.5 BOEING SUGAR VOLT 71
6.4.6 ROLLS-ROYCE HIGH POWER, HIGH SCALABILITY, HYBRID POWERTRAIN (H3PS) 71
6.4.7 UTC PROJECT 804 71
6.5 IMPACT OF MEGATRENDS 72
6.5.1 GREEN ENGINES & SMART ENGINES 72
6.5.2 ELECTRIC PROPULSION 72
6.5.3 MACHINE LEARNING 72
6.6 INNOVATIONS AND PATENT REGISTRATIONS 73
TABLE 12 INNOVATION & PATENT REGISTRATIONS (2018-2021) 73
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7 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY INSTALLATION 75
7.1 INTRODUCTION 76
FIGURE 24 ORIGINAL EQUIPMENT MANUFACTURERS SEGMENT PROJECTED
TO REGISTER HIGHEST CAGR FROM 2021 TO 2030 76
TABLE 13 AIRCRAFT MIRCO TURBINE ENGINES MARKET, BY INSTALLATION,
2018–2030 (USD MILLION) 76
7.2 ORIGINAL EQUIPMENT MANUFACTURERS 77
7.2.1 GROWING NEED TO OPTIMIZE POWER RANGE OF ELECTRIC AIRCRAFT
TO DRIVE MARKET GROWTH 77
7.3 AFTERMARKET 77
7.3.1 DEMAND FOR GREATER OPERATIONAL EFFICIENCY EXPECTED
TO BOOST GROWTH OF AFTERMARKET SEGMENT 77
8 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY END USE 78
8.1 INTRODUCTION 79
FIGURE 25 PROPULSION SEGMENT TO HAVE HIGHEST CAGR FROM 2021–2030 79
TABLE 14 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY END USE,
2018–2030 (USD MILLION) 79
8.2 PROPULSION 80
8.2.1 DEMAND FOR HYBRID POWERED AICRAFT TO BOOST USAGE
OF MICRO TURBINES AS PROPULSION SYSTEMS 80
8.3 AUXILIARY POWER 80
8.3.1 GROWING USE OF MICRO TURBINES AS AUXILIARY POWER SYSTEMS ONBOARD TO CUT OFF OPERATING COSTS AND FUEL AUXILIARY
POWER SEGMENT 80
9 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM 81
9.1 INTRODUCTION 82
FIGURE 26 COMMERCIAL AVIATION SEGMENT PROJECTED TO LEAD AIRCRAFT MICRO TURBINE ENGINES MARKET DURING FORECAST PERIOD 82
TABLE 15 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM,
2018–2030 (USD MILLION) 82
9.2 COMMERCIAL AVIATION 83
TABLE 16 AIRCRAFT MICRO TURBINE ENGINES MARKET, COMMERCIAL AVIATION, 2018–2030 (USD MILLION) 83
9.2.1 EVOLVING EMISSION NORMS TO FOSTER ADOPTION OF AIRCRAFT
MICRO TURBINE ENGINES 83
9.3 MILITARY AVIATION 83
TABLE 17 AIRCRAFT MICRO TURBINE ENGINES MARKET, MILITARY AVIATION,
2018–2030 (USD MILLION) 83
9.3.1 EFFORTS TOWARD MODERNIZATION OF DEFENSE FORCES TO DRIVE ADOPTION OF MICRO TURBINE ENGINES 84
9.4 GENERAL AVIATION 84
TABLE 18 AIRCRAFT MICRO TURBINE ENGINES MARKET, GENERAL AVIATION,
2018–2030 (USD MILLION) 84
9.4.1 RISING NUMBER OF PRIVATE AVIATION COMPANIES EXPECTED TO BOOST DEMAND FOR AIRCRAFT MICRO TURBINE ENGINES 85
9.5 ADVANCED AIR MOBILITY 85
TABLE 19 AIRCRAFT MICRO TURBINE ENGINES MARKET, ADVANCED AIR MOBILITY, 2018–2030 (USD MILLION) 85
9.5.1 UNPRECEDENTED POPULATION GROWTH PROMOTES DEVELOPMENT
OF HYBRID AIR TAXIS AND UNMANNED CARGO DELIVERY SYSTEMS 86
10 AIRCRAFT MICRO TURBINE ENGINES MA5RKET, BY HORSEPOWER 87
10.1 INTRODUCTION 88
FIGURE 27 ABOVE 200 HP SEGMENT PROJECTED TO LEAD AIRCRAFT MICRO TURBINE ENGINES MARKET DURING FORECAST PERIOD 88
TABLE 20 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY HORSEPOWER,
2018–2030 (USD MILLION) 88
10.2 ABOVE 200 HP 89
10.2.1 ADVANCED AIR MOBILITY CONCEPT TO FOSTER R&D OF ADVANCED PROPULSION SYSTEMS 89
10.3 100 TO 200 HP 89
10.3.1 AUGMENTED DEMAND FOR UAVS TO DRIVE GROWTH OF MICRO TURBINES 89
10.4 50 TO 100 HP 89
10.4.1 INTEGRATION OF APUS IN COMMERCIAL AND MILITARY AIRCRAFT
TO FUEL SEGMENT GROWTH 89
10.5 BELOW 50 HP 90
10.5.1 GROWING DEMAND FOR LIGHT AIRCRAFT TO BOOST MARKET GROWTH 90
11 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY ENGINE TYPE 91
11.1 INTRODUCTION 92
FIGURE 28 TURBOSHAFT SEGMENT PROJECTED TO LEAD AIRCRAFT MICRO TURBINE ENGINES MARKET DURING FORECAST PERIOD 92
TABLE 21 AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY ENGINE TYPE,
2018–2030 (USD MILLION) 92
11.2 TURBOSHAFT 93
11.2.1 INCREASING DEMAND FOR AIRCRAFT TO FUEL MARKET GROWTH 93
11.3 TURBOJET 93
11.3.1 SIMPLE STRUCTURE OF TURBOJET MICRO TURBINE ENGINES
EXPECTED TO DRIVE GROWTH 93
11.4 TURBOPROP 93
11.4.1 CONTINUOUS R&D TO DRIVE ADOPTION OF TURBOPROP MICRO TURBINES 93
12 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE 94
12.1 INTRODUCTION 95
FIGURE 29 JET FUEL SEGMENT PROJECTED TO DOMINATE AIRCRAFT MICRO TURBINE ENGINES MARKET DURING FORECAST PERIOD 95
TABLE 22 AIRCRAFT MICRO TURBINE ENGINES MARKET SIZE, BY FUEL TYPE,
2018–2030 (USD MILLION) 95
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12.2 JET FUEL 96
12.2.1 SUITABLE THERMAL PROPERTIES EXPECTED TO STIMULATE ADOPTION
OF JET FUEL 96
12.3 MULTI FUEL 96
12.3.1 FUEL AGNOSTIC NATURE OF MICRO TURBINE TECHNOLOGY TO DRIVE MARKET GROWTH 96
13 REGIONAL ANALYSIS 97
13.1 INTRODUCTION 98
FIGURE 30 EUROPE ACCOUNTED FOR LARGEST SHARE OF AICRAFT MICRO TURBINE ENGINES MARKET IN 2021 98
TABLE 23 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY REGION,
2018–2030 (USD MILLION) 99
13.2 NORTH AMERICA 99
13.2.1 COVID-19 IMPACT ON NORTH AMERICA 99
13.2.2 PESTLE ANALYSIS: NORTH AMERICA 100
FIGURE 31 NORTH AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET SNAPSHOT 101
TABLE 24 NORTH AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY INSTALLATION, 2018–2030 (USD MILLION) 101
TABLE 25 NORTH AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY END USE, 2018–2030 (USD MILLION) 101
TABLE 26 NORTH AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY PLATFORM, 2018–2030 (USD MILLION) 102
TABLE 27 NORTH AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY HORSEPOWER, 2018–2030 (USD MILLION) 102
TABLE 28 NORTH AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY ENGINE TYPE, 2018–2030 (USD MILLION) 102
TABLE 29 NORTH AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY FUEL TYPE, 2018–2030 (USD MILLION) 102
TABLE 30 NORTH AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET MARKET,
BY COUNTRY, 2018–2030 (USD MILLION) 103
13.2.3 US 103
13.2.3.1 Presence of leading aircraft micro turbine engine manufacturers
to drive market growth 103
TABLE 31 US: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM,
2018–2030 (USD MILLION) 103
TABLE 32 US: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE,
2018–2030 (USD MILLION) 104
13.2.4 CANADA 104
13.2.4.1 Growth of aerospace industry in Canada to fuel adoption of aircraft micro turbine engines 104
TABLE 33 CANADA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 104
TABLE 34 CANADA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE, 2018–2030 (USD MILLION) 104
13.3 EUROPE 105
13.3.1 COVID-19 IMPACT ON EUROPE 105
13.3.2 PESTLE ANALYSIS: EUROPE 105
FIGURE 32 EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET SNAPSHOT 107
TABLE 35 EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY INSTALLATION, 2018–2030 (USD MILLION) 107
TABLE 36 EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY END USE,
2018–2030 (USD MILLION) 108
TABLE 37 EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 108
TABLE 38 EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY HORSEPOWER, 2018–2030 (USD MILLION) 108
TABLE 39 EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY ENGINE TYPE, 2018–2030 (USD MILLION) 108
TABLE 40 EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE, 2018–2030 (USD MILLION) 109
TABLE 41 EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY COUNTRY,
2018–2030 (USD MILLION) 109
13.3.3 UK 109
13.3.3.1 Presence of aircraft OEMs expected to drive market growth 109
TABLE 42 UK: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM,
2018–2030 (USD MILLION) 109
TABLE 43 UK: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE,
2018–2030 (USD MILLION) 110
13.3.4 GERMANY 110
13.3.4.1 Supportive government initiatives expected to influence positive growth in market 110
TABLE 44 GERMANY: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 110
TABLE 45 GERMANY: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE, 2018–2030 (USD MILLION) 110
13.3.5 FRANCE 111
13.3.5.1 Presence of leading aircraft manufacturers to increase market growth 111
TABLE 46 FRANCE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 111
TABLE 47 FRANCE: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE, 2018–2030 (USD MILLION) 111
13.3.6 ITALY 112
13.3.6.1 Rising demand for border surveillance and intelligence gathering expected to fuel market growth 112
TABLE 48 ITALY: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM,
2018–2030 (USD MILLION) 112
TABLE 49 ITALY: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE,
2018–2030 (USD MILLION) 112
13.3.7 RUSSIA 113
13.3.7.1 Increasing expenditure on procurement of technologically advanced aerial vehicles to boost market growth 113
TABLE 50 RUSSIA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 113
TABLE 51 RUSSIA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE,
2018–2030 (USD MILLION) 113
13.3.8 REST OF EUROPE 114
13.3.8.1 Rest of Europe expected to grow by increasing emphasis
on emission-less flying 114
TABLE 52 REST OF EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY PLATFORM, 2018–2030 (USD MILLION) 114
TABLE 53 REST OF EUROPE: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY FUEL TYPE, 2018–2030 (USD MILLION) 114
13.4 ASIA PACIFIC 115
13.4.1 PESTLE ANALYSIS: ASIA PACIFIC 115
FIGURE 33 ASIA PACIFIC AIRCRAFT MICRO TURBINE ENGINES MARKET SNAPSHOT 116
TABLE 54 ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY INSTALLATION, 2018–2030 (USD MILLION) 116
TABLE 55 ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY END USE, 2018–2030 (USD MILLION) 117
TABLE 56 ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 117
TABLE 57 ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY HORSEPOWER, 2018–2030 (USD MILLION) 117
TABLE 58 ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY ENGINE TYPE, 2018–2030 (USD MILLION) 117
TABLE 59 ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE, 2018–2030 (USD MILLION) 118
TABLE 60 ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY COUNTRY, 2018–2030 (USD MILLION) 118
13.4.2 CHINA 118
13.4.2.1 Significant potential for adoption of hybrid-electric propulsion
to push market growth 118
TABLE 61 CHINA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM,
2018–2030 (USD MILLION) 119
TABLE 62 CHINA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE,
2018–2030 (USD MILLION) 119
13.4.3 JAPAN 119
13.4.3.1 Technologically advanced capabilities along with skilled human workforce expected to boost market 119
TABLE 63 JAPAN: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM,
2018–2030 (USD MILLION) 120
TABLE 64 JAPAN: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE,
2018–2030 (USD MILLION) 120
13.4.4 INDIA 120
13.4.4.1 Improving domestic capabilities for technological development in aviation to drive market 120
TABLE 65 INDIA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM,
2018–2030 (USD MILLION) 121
TABLE 66 INDIA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE,
2018–2030 (USD MILLION) 121
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13.4.5 AUSTRALIA 121
13.4.5.1 Penetration of advanced technology in international and domestic air traffic to drive market growth 121
TABLE 67 AUSTRALIA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 122
TABLE 68 AUSTRALIA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE, 2018–2030 (USD MILLION) 122
13.4.6 SOUTH KOREA 122
13.4.6.1 Presence of electric power-generating component manufacturers to support market growth 122
TABLE 69 SOUTH KOREA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 123
TABLE 70 SOUTH KOREA: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE, 2018–2030 (USD MILLION) 123
13.4.7 REST OF ASIA PACIFIC 123
13.4.7.1 Ample availability of resources required for manufacturing micro turbine engines expected to support market growth 123
TABLE 71 REST OF ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY PLATFORM, 2018–2030 (USD MILLION) 124
TABLE 72 REST OF ASIA PACIFIC: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY FUEL TYPE, 2018–2030 (USD MILLION) 124
13.5 REST OF THE WORLD 124
13.5.1 PESTLE ANALYSIS: REST OF THE WORLD 125
FIGURE 34 REST OF THE WORLD: AIRCRAFT MICRO TURBINE ENGINES MARKET SNAPSHOT 126
TABLE 73 REST OF THE WORLD: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY INSTALLATION, 2018–2030 (USD MILLION) 126
TABLE 74 REST OF THE WORLD: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY END USE, 2018–2030 (USD MILLION) 126
TABLE 75 REST OF THE WORLD: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY PLATFORM, 2018–2030 (USD MILLION) 127
TABLE 76 REST OF THE WORLD: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY HORSEPOWER, 2018–2030 (USD MILLION) 127
TABLE 77 REST OF THE WORLD: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY ENGINE TYPE, 2018–2030 (USD MILLION) 127
TABLE 78 REST OF THE WORLD: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY FUEL TYPE, 2018–2030 (USD MILLION) 127
TABLE 79 REST OF THE WORLD: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY COUNTRY, 2018–2030 (USD MILLION) 128
13.5.2 MIDDLE EAST 128
13.5.2.1 Emergence of startups in electric aircraft manufacturing expected to drive market 128
TABLE 80 MIDDLE EAST: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM, 2018–2030 (USD MILLION) 128
TABLE 81 MIDDLE EAST: AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE, 2018–2030 (USD MILLION) 128
13.5.3 LATIN AMERICA 129
13.5.3.1 Investments by global aircraft manufacturing companies to drive market growth 129
TABLE 82 LATIN AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY PLATFORM, 2018–2030 (USD MILLION) 129
TABLE 83 LATIN AMERICA: AIRCRAFT MICRO TURBINE ENGINES MARKET,
BY FUEL TYPE, 2018–2030 (USD MILLION) 129
14 COMPETITIVE LANDSCAPE 130
14.1 INTRODUCTION 130
TABLE 84 KEY DEVELOPMENTS BY LEADING PLAYERS IN AIRCRAFT MICRO TURBINE ENGINES MARKET BETWEEN 2018 AND 2021 130
14.2 MARKET RANKING ANALYSIS OF KEY PLAYERS, 2021 131
FIGURE 35 REVENUE ANALYSIS FOR KEY COMPANIES IN PAST 5 YEARS 132
14.3 MARKET SHARE ANALYSIS 132
FIGURE 36 MARKET SHARE OF KEY PLAYERS: AIRCRAFT MICRO TURBINE ENGINES MARKET, 2020 132
TABLE 85 AIRCRAFT MICRO TURBINE ENGINES MARKET: DEGREE OF COMPETITION 133
14.4 COMPANY PRODUCT FOOTPRINT ANALYSIS 135
TABLE 86 COMPANY PRODUCT FOOTPRINT 135
TABLE 87 COMPANY ENGINE TYPE FOOTPRINT 136
TABLE 88 COMPANY APPLICATIONS FOOTPRINT 137
TABLE 89 COMPANY REGION FOOTPRINT 138
14.5 COMPANY EVALUATION QUADRANT 139
14.5.1 AIRCRAFT MICRO TURBINE ENGINE MARKET COMPETITIVE
LEADERSHIP MAPPING 139
14.5.1.1 Stars 139
14.5.1.2 Emerging leaders 139
14.5.1.3 Pervasive players 139
14.5.1.4 Participants 139
FIGURE 37 AIRCRAFT MICRO TURBINE ENGINES MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2021 140
14.5.2 AIRCRAFT MICRO TURBINE ENGINES MARKET COMPETITIVE
LEADERSHIP MAPPING (SME) 141
14.5.2.1 Progressive companies 141
14.5.2.2 Responsive companies 141
14.5.2.3 Starting blocks 141
14.5.2.4 Dynamic companies 141
FIGURE 38 AIRCRAFT MICRO TURBINE ENGINES MARKET: DETAILED LIST OF
KEY STARTUPS/SMES 141
FIGURE 39 AIRCRAFT MICRO TURBINE ENGINES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 142
FIGURE 40 AIRCRAFT MICRO TURBINE ENGINES MARKET (SME) COMPETITIVE LEADERSHIP MAPPING, 2021 142
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14.6 COMPETITIVE SCENARIO AND TRENDS 143
14.6.1 MARKET EVALUATION FRAMEWORK 143
14.6.2 NEW PRODUCT LAUNCHES AND DEVELOPMENTS 143
TABLE 90 NEW PRODUCT LAUNCHES AND DEVELOPMENTS, 2018-2021 143
14.6.3 DEALS 144
TABLE 91 AIRCRAFT MICRO TURBINE ENGINES MARKET: DEALS, 2018–2021 144
15 COMPANY PROFILES 146
15.1 INTRODUCTION 146
15.2 KEY PLAYERS 147
(Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)*
15.2.1 RAYTHEON TECHNOLOGIES CORPORATION 147
TABLE 92 RAYTHEON TECHNOLOGIES CORPORATION: BUSINESS OVERVIEW 147
FIGURE 41 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT 148
TABLE 93 RAYTHEON TECHNOLOGIES CORPORATION: PRODUCTS OFFERED 148
15.2.2 HONEYWELL INTERNATIONAL INC. 150
TABLE 94 HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW 150
FIGURE 42 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 151
TABLE 95 HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED 151
TABLE 96 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES 152
TABLE 97 HONEYWELL INTERNATIONAL INC.: DEALS 152
15.2.3 KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 154
TABLE 98 KRATOS DEFENSE & SECURITY SOLUTIONS INC.: BUSINESS OVERVIEW 154
FIGURE 43 KRATOS DEFENSE & SECURITY SOLUTIONS INC.: COMPANY SNAPSHOT 155
TABLE 99 KRATOS DEFENSE & SECURITY SOLUTIONS INC.: PRODUCTS OFFERED 155
TABLE 100 KRATOS DEFENSE & SECURITY SOLUTIONS INC.: DEALS 156
15.2.4 SAFRAN SA 157
TABLE 101 SAFRAN SA.: BUSINESS OVERVIEW 157
FIGURE 44 SAFRAN SA: COMPANY SNAPSHOT 158
TABLE 102 SAFRAN SA: PRODUCTS OFFERED 158
TABLE 103 SAFRAN SA.: DEALS 159
15.2.5 UAV TURBINES INC. 160
TABLE 104 UAV TURBINES INC.: BUSINESS OVERVIEW 160
TABLE 105 UAV TURBINES INC.: PRODUCTS OFFERED 160
TABLE 106 UAV TURBINES INC.: PRODUCT LAUNCHES 161
TABLE 107 UAV TURBINES INC.: DEALS 161
15.2.6 ROLLS- ROYCE HOLDINGS PLC. 163
TABLE 108 ROLLS-ROYCE HOLDINGS PLC: BUSINESS OVERVIEW 163
FIGURE 45 ROLLS-ROYCE HOLDINGS PLC.: COMPANY SNAPSHOT 163
TABLE 109 ROLLS-ROYCE HOLDINGS PLC: PRODUCTS OFFERED 164
TABLE 110 ROLLS-ROYCE HOLDINGS PLC: DEALS 164
15.2.7 TURBOTECH SAS 165
TABLE 111 TURBOTECH SAS: BUSINESS OVERVIEW 165
TABLE 112 TURBOTECH SAS: PRODUCTS OFFERED 165
TABLE 113 TURBOTECH SAS: DEALS 165
15.2.8 GE AVIATION 166
TABLE 114 GE AVIATION: BUSINESS OVERVIEW 166
FIGURE 46 GE AVIATION.: COMPANY SNAPSHOT 166
TABLE 115 GE AVIATION: PRODUCTS OFFERED 167
15.2.9 PBS GROUP 168
TABLE 116 PBS GROUP: BUSINESS OVERVIEW 168
TABLE 117 PBS GROUP: PRODUCTS OFFERED 168
TABLE 118 PBS GROUP: PRODUCT LAUNCHES 169
15.2.10 SENTIENT BLUE TECHNOLOGIES 170
TABLE 119 SENTIENT BLUE TECHNOLOGIES: BUSINESS OVERVIEW 170
15.2.11 JETS MUNT SL 171
TABLE 120 JETS MUNT SL: BUSINESS OVERVIEW 171
15.3 OTHER PLAYERS 172
15.3.1 AMT NETHERLANDS BV 172
TABLE 121 AMT NETHERLANDS BV: COMPANY OVERVIEW 172
15.3.2 AERODESIGNWORKS GMBH 173
TABLE 122 AERODESIGNWORKS GMBH: COMPANY OVERVIEW 173
15.3.3 JETCAT AMERICAS 174
TABLE 123 JETCAT AMERICAS: COMPANY OVERVIEW 174
15.3.4 STUTTGART ENGINEERING PROPULSION TECHNOLOGIES 175
TABLE 124 STUTTGART ENGINEERING PROPULSION TECHNOLOGIES:
COMPANY OVERVIEW 175
15.3.5 HAWK TURBINE AB 175
TABLE 125 HAWK TURBINE AB: COMPANY OVERVIEW 175
15.3.6 WILLIAMS INTERNATIONAL 176
TABLE 126 WILLIAMS INTERNATIONAL: COMPANY OVERVIEW 176
15.3.7 SIERRA TURBINES, INC. 176
TABLE 127 SIERRA TURBINES, INC.: COMPANY OVERVIEW 176
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies.
16 APPENDIX 177
16.1 DISCUSSION GUIDE 177
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 179
16.3 AVAILABLE CUSTOMIZATIONS 181
16.4 RELATED REPORTS 181
16.5 AUTHOR DETAILS 182