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Turboprop Aircraft Market

Turboprop Aircraft Market by Engine Type (Turboshaft, Turboprop, Hybrid), By Application (Commercial Aviation, Military Aviation, Cargo Transport, Regional Travel, Other Applications), By End User (Airlines, Aircraft Manufacturers, Government & Military, Private Operators, Other Sectors) and Region - Global Forecast to 2030

Report Code: UC 6209 Jul, 2025, by marketsandmarkets.com

Exhaustive secondary research was done to collect information on the turboprop aircraft market, its adjacent markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Demand-side analyses were carried out to estimate the overall size of the market. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg, BusinessWeek, and different magazines were referred to identify and collect information for this study. Secondary sources also included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and research papers.

Primary Research

Extensive primary research was conducted after acquiring information regarding the turboprop aircraft market scenario through secondary research. The market for turboprop aircrafts is being driven by a range of stakeholders, including aircraft manufacturers, turboprop aircraft developers, infrastructure providers, and governments. The demand-side of this market is characterized by various end users, such as component manufacturers as well as facility providers and service providers. The supply side is characterized by technological advancements and the development in turboprop aircraft. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.

Turboprop Aircraft Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the turboprop aircraft market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size from the market size estimation process, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for market segments and subsegments, the data triangulation procedure has been implemented, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using both top-down and bottom-up approaches.

Report Objectives

  • To define, describe, segment, and forecast the size of the turboprop aircraft market based on application, engine type and region.
  • To forecast the size of different segments of the market with respect to five key regions, namely, North America, Europe, Asia Pacific, Middle East, and RoW, along with their key countries
  • To identify and analyze the key drivers, restraints, opportunities, and challenges influencing the growth of the market.
  • To identify technology trends currently prevailing in the turboprop aircraft market
  • To analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze opportunities in the market for stakeholders by identifying the key market trends
  • To profile the leading market players and comprehensively analyze their market share and core competencies.
  • To analyze the degree of competition in the market by identifying the key growth strategies, such as acquisitions, new product launches, contracts, and partnerships, adopted by the leading market players.
  • To identify detailed financial positions, key products, and unique selling points of the leading companies in the market
  • To provide a detailed competitive landscape of the market, along with a ranking analysis, market share analysis, and revenue analysis of the key players

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Scope of the Report

Segment

Subsegment

Market size available for years

2020–2028

Base year considered

2022

Forecast period

2023-2028

Forecast units

Value (USD Million)

Segments covered

by application, by engine type

Geographies covered

North America, Europe, Asia Pacific, Middle East, RoW

Companies covered

ATR (France), Pilatus Aircraft (Switzerland), Embraer (Brazil), Daher (France) and Beechcraft Corporation (US) are some of the major players of Turboprop aircraft market. (25 Companies)

Turboprop Aircraft Market Highlights

The study categorizes the Turboprop aircraft market based on application, engine type and region.

Segment

Subsegment

By Application

  • Commercial Aviation
  • Military Aviation
  • General Aviation

By Engine Type

  • Conventional Engine
  • Electric / Hybrid Engine

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East
  • ROW

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

Company Information

  • Profiling of additional market players (up to 5)

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company in the Turboprop aircraft Market.

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

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 CONSIDERATION 
    1.5 INCLUSIONS & EXCLUSIONS 
    1.6 MARKET STAKEHOLDERS 
    1.7 RECESSION IMPACT ANALYSIS   
 
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 BREAKDOWN OF PRIMARIES
    2.2 FACTOR ANALYSIS 
           2.2.1 INTRODUCTION
           2.2.2 DEMAND-SIDE INDICATORS
           2.2.3 SUPPLY-SIDE INDICATORS
    2.3 MARKET SIZE ESTIMATION & METHODOLOGY 
           2.3.1 BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
    2.4 MARKET BREAKDOWN & DATA TRIANGULATION 
    2.5 RECESSION IMPACT ANALYSIS 
    2.6 RISK ANALYSIS 
    2.7 RESEARCH ASSUMPTIONS 
    2.8 LIMITATIONS 
 
3 EXECUTIVE SUMMARY 
 
4 PREMIUM INSIGHTS 
 
5 MARKET OVERVIEW 
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           5.2.1 DRIVERS
           5.2.2 RESTRAINTS
           5.2.3 OPPORTUNITIES
           5.2.4 CHALLENGES
    5.3 PRICING ANALYSIS 
           5.3.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION
           5.3.2 AVERAGE SELLING PRICE TREND, BY REGION
    5.4 VALUE CHAIN ANALYSIS 
    5.5 MARKET ECOSYSTEM MAP 
           5.5.1 PROMINENT COMPANIES
           5.5.2 PRIVATE AND SMALL ENTERPRISES
           5.5.3 END USERS
    5.6 TECHNOLOGY ROADMAP 
    5.7 DISRUPTION IMPACTING TURBOPROP AIRCRAFT MARKET  
           5.7.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR TURBOPROP AIRCRAFT MANUFACTURERS
    5.8 TRADE ANALYSIS 
    5.9 TARIFF AND REGULATORY LANDSCAPE 
           5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 
    5.1 CASE STUDY ANALYSIS  
    5.11 OPERATIONAL DATA  
    5.12 KEY STAKEHOLDERS & BUYING CRITERIA 
           5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 
           5.12.2 BUYING CRITERIA 
    5.13 KEY CONFERENCES & EVENTS IN 2024-2025 
    5.14 INVESTMENT & FUNDING SCENARIO 
    5.15 TOTAL COST OF OWNERSHIP 
    5.16 BUSINESS MODEL 
    5.17 BILL OF MATERIALS 
 
6 INDUSTRY TRENDS 
    6.1 INTRODUCTION 
    6.2 TECHNOLOGY TRENDS FOR TURBOPROP AIRCRAFT MARKET 
    6.3 TECHNOLOGY ANALYSIS 
           6.3.1 KEY TECHNOLOGIES
           6.3.2 COMPLEMENTARY TECHNOLOGY
           6.3.3 ADJACENT TECHNOLOGY
    6.4 IMPACT OF MEGATRENDS 
    6.5 USE CASE ANALYSIS 
    6.6 PATENT ANALYSIS 
    6.7 TECHNOLOGY ROADMAP 
 
7 TURBOPROP AIRCRAFT MARKET, BY APPLICATION 
    7.1 INTRODUCTION 
    7.2 COMMERCIAL AVIATION  
    7.3 MILITARY AVIATION  
    7.4 GENERAL AVIATION 
 
8 TURBOPROP AIRCRAFT MARKET, BY TYPE 
    8.1 INTRODUCTION 
    8.2 PASSENGER TRANSPORT 
    8.3 CARGO TRANSPORT  
    8.4 PRIVATE TRANSPORT 
    8.5 SURVEILLANCE AND RECONNAISSANCE 
    8.6 EMERGENCY SERVICES 
    8.7 OTHERS 
 
9 TURBOPROP AIRCRAFT MARKET, BY ENGINE TYPE 
    9.1 INTRODUCTION 
    9.2 CONVENTIONAL ENGINE 
    9.3 HYBRID  
    9.4 ELECTRIC 
 
10 TURBOPROP AIRCRAFT MARKET, BY SEAT CAPACITY 
     10.1 INTRODUCTION 
     10.2 < 20  
     10.3 20-39 
     10.4 40-60 
     10.5 61-80 
     10.6 > 80 
 
11 TURBOPROP AIRCRAFT MARKET, BY POINT OF SALE 
     11.1 INTRODUCTION 
     11.2 NEW 
     11.3 PRE-OWNED  
 
12 REGIONAL ANALYSIS 
     12.1 INTRODUCTION 
     12.2 NORTH AMERICA 
             12.2.1 INTRODUCTION
             12.2.2 NORTH AMERICA: RECESSION IMPACT ANALYSIS
             12.2.3 NORTH AMERICA: PESTLE ANALYSIS
             12.2.3 US
             12.2.4 CANADA 
     12.3 EUROPE 
             12.3.1 INTRODUCTION
             12.3.2 EUROPE: RECESSION IMPACT ANALYSIS
             12.3.3 EUROPE: PESTLE ANALYSIS
             12.3.4 UK
             12.3.5 GERMANY 
             12.3.6 FRANCE 
             12.3.7 RUSSIA
             12.3.8 ITALY
             12.3.9 SPAIN 
             12.3.10 REST OF EUROPE 
     12.4 ASIA PACIFIC 
             12.4.1 INTRODUCTION
             12.4.2 ASIA PACIFIC: RECESSION IMPACT ANALYSIS
             12.4.3 ASIA PACIFIC: PESTLE ANALYSIS
             12.4.4 CHINA
             12.4.5 INDIA
             12.4.6 JAPAN
             12.4.7 AUSTRALIA
             12.4.8 SINGAPORE
             12.4.9 REST OF ASIA PACIFIC
     12.5 LATIN AMERICA 
             12.5.1 INTRODUCTION
             12.5.2 LATIN AMERICA: RECESSION IMPACT ANALYSIS
             12.5.3 LATIN AMERICA: PESTLE ANALYSIS
             12.5.4 BRAZIL
             12.5.5 MEXICO
             12.5.6 REST OF LATIN AMERICA 
     12.6 MIDDLE EAST & AFRICA 
             12.6.1 INTRODUCTION
             12.6.2 MIDDLE EAST: RECESSION IMPACT ANALYSIS
             12.6.3 MIDDLE EAST: PESTLE ANALYSIS
             12.6.4 GCC
                       12.6.4.1 SAUDI ARABIA
                       12.6.4.2 QATAR
                       12.6.4.3 UAE
                       12.6.4.4 REST OF GCC
             12.6.5 SOUTH AFRICA
             12.6.6 REST OF THE MIDDLE EAST & AFRICA 
 
13 COMPETITIVE LANDSCAPE 
     13.1 INTRODUCTION 
     13.2 KEY PLAYERS STRATEGIES/RIGHTS TO WIN 
     13.3 RANKING OF LEADING PLAYERS, 2023 
     13.4 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2023 
     13.5 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2023 
     13.6 COMPETITIVE OVERVIEW 
     13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
             13.7.1 STARS
             13.7.2 EMERGING LEADERS
             13.7.3 PERVASIVE PLAYERS 
             13.7.4 PARTICIPANTS
             13.7.5 COMPANY FOOTPRINT
     13.8 COMPANY EVALUATION MATRIX: START-UPS/SME PLAYERS, 2023 
             13.8.1 PROGRESSIVE COMPANIES
             13.8.2 RESPONSIVE COMPANIES
             13.8.3 DYNAMIC COMPANIES
             13.8.4 STARTING BLOCKS
             13.8.5              COMPETITIVE BENCHMARKING 
     13.9 COMPANY VALUATION AND FINANCIAL METRICS  
     13.10 COMPETITIVE SCENARIO 
             13.10.1 DEALS
             13.10.2 CONTRACTS
             13.10.3 PARTNERSHIPS, AGREEMENTS, JOINT VENTURES, AND COLLABORATIONS
             13.10.4 PRODUCT LAUNCHES
     13.11 BRAND/PRODUCT COMPARISON  
 
14 COMPANY PROFILES 
     14.1 MAJOR PLAYERS 
             14.1.1 ATR
             14.1.2 AIRBUS SE
             14.1.3 EMBRAER
             14.1.4 DAHER
             14.1.5 TEXTRON AVIATION INC. 
             14.1.6 PILATUS AIRCRAFT LTD.
             14.1.7 PIAGGIO
             14.1.8 LOCKHEED MARTIN CORPORATION
             14.1.9 VIKING AIR
             14.1.10 AIR TRACTOR
     14.2 OTHER PLAYERS 
     *Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in the case of unlisted companies.  
     ** Only a few key players are mentioned above, however, the top 25 key players will be profiled during the course of the research study  
     *** The above tentative TOC is based on preliminary secondary data and could improve based on primary data in the course of the research study  
     **** All segments above will be further assessed & considered to be a part of the market breakdown. The breakdown of segments will be finalized during the course of the research.  
     ***** Request for the addition of company profiles or countries in the scope can be considered and included post feasibility  
 
15 APPENDIX 
     15.1 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.2 AVAILABLE CUSTOMIZATION 
     15.3 RELATED REPORTS 
     15.4 AUTHOR DETAILS 
              
 
 

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