Aircraft Micro Turbine Engines Market Size, Share, Growth Rate, Revenue, Applications, Industry Demand & Forecast to 2030

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The Aircraft Micro Turbine Engines Market is projected to grow from USD 26 Million in 2021 to USD 61 Million by 2030, at a CAGR of 10.0% during the forecast period.

Top Companies Profiled in the Aircraft Micro Turbine Engines Market:

  • Honeywell International Inc. (US)
  • UAV Turbines Inc. (US)
  • Turbotech SAS (France)
  • PBS Group (Czech Republic)
  • GE Aviation (US)
  • AMT Netherlands B.V. (Netherlands)
  • Williams International (US)
  • Micro Turbine Technology B.V. (Netherlands)
  • BF-Turbines (Germany)
  • Kratos Defense & Security Solutions Inc. (US)
  • Elliott Group (US)
  • Sentient Blue Technologies (Italy)
  • Rolls-Royce Holdings plc (US)
  • JetCat Americas (US)
  • JetsMunt SL (Spain)
  • Stuttgart Engineering Propulsion Technologies UG (Germany)
  • Lambert Microturbine (Germany)
  • Hawk Turbine AB (Sweden)
  • Bowman (UK)
  • Brayton Energy (UK)

Based on horsepower, the 50 to 100 HP segment is projected to lead the aircraft micro turbine engines market by 2030 due to its wide application areas and ongoing developments by manufacturers. Turbotech SAS (France) is in the process of developing a micro turbine engine with a capacity of 74 HP (TG-R55) for small aerial vehicles. Micro turbine engines with a power rating of 50–100 HP are expected to be used in eVTOLS, UAV, and air taxi applications to support power generation in hybrid systems or as standalone units for short-range applications.

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The OEM segment is expected to witness higher growth compared to other segments in the aircraft micro turbine engines market. The development of next-generation aircraft is one of the significant factors driving the growth of the aircraft micro turbine engines market across the globe.

Table Of Contents:

1 Introduction

1.1 Objectives Of The Study

1.2 Market Definition

1.3 Study Scope

1.3.1 Markets Covered

1.3.2 Regional Scope

1.3.3 Years Considered For The Study

1.4 Currency

1.5 Limitations

1.6 Market Stakeholders

2 Research Methodology

2.1 Research Data

2.1.1 Secondary Data

2.1.1.1 Key Data From Secondary Sources

2.1.2 Primary Data

2.1.2.1 Key Data From Primary Sources

2.1.2.2 Key Industry Insights

2.1.2.3 Breakdown Of Primaries

2.2 Market Size Estimation

2.2.1 Bottom-Down Approach

2.2.2 Top-Down Approach

2.3 Market Breakdown & Data Triangulation

2.4 Research Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities In The Aircraft Micro Turbine Engines Market

4.2 Aircraft Micro Turbine Engines Market, By Horsepower

4.3 Aircraft Micro Turbine Engines Market, By Region

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Low Operating & Maintenance Costs

5.2.1.2 Limited Range And Capacity Of Fully Electric Aircraft

5.2.1.3 Reduced Aircraft Noise & Emission

5.2.1.4 Structural Advantages Of Aircraft Micro Turbine Engines

5.2.1.4.1 High Rotating Speed

5.2.1.4.2 Compact Size

5.2.1.4.3 Compressor

5.2.2 Opportunities

5.2.2.1 Emergence Of Hybrid Electric Power Generation Technology

5.2.2.2 Development Of Distributed Power Generation Systems

5.2.3 Challenges

5.2.3.1 Reliability Of Micro Turbine Engines In Harsh Environments

5.2.3.2 High Cost Of Micro Turbine Engines

…and More

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