Turbo-propeller Market

Turbo-propeller market: get access to recently published facts and figures powered by an Ai-driven business intelligence platform. Info contain market size, trade, production, consumption, companies, imports, market prices, and exports. There is a breakdown by region, including Latin America, the Middle East, Russia, China, Africa, EU, the U.S., and the U.K. Market trends and outlook to 2030 are also provided in the reports.


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Turbo-propeller - World's Largest Markets

RatingCountry
1Canada
2France
3Singapore
4Serbia
5Norway

In value terms, Canada led the market, alone. The second position in the ranking was occupied by France. It was followed by Singapore.

In Canada, the turbo-propeller (under 1100 kw) market expanded at an average annual rate of +97.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: France (-17.5% per year) and Singapore (+18.7% per year).

Turbo-Propeller (Under 1100 kW) Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
United Kingdom888178027665737-14.0%
South Africa8087112281280595-0.2%
Singapore139455112301104827-13.3%
Spain292063308027122609-35.2%
Brazil148524120062131512-5.9%
United States10991512924113417510.5%
Czech Republic2102892167032167671.5%
Germany16498920090335709347.1%
Canada17607126039739273749.4%
Average16198019914122025216.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($392,737 per unit), while the UK ($65,737 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
United States451967436997408064-5.0%
Ireland683103935413900-54.9%
Peru503948042300-32.4%
Norway9131284806-6.0%
Serbia383412783.2%
Grenada1.10.70.6-27.5%
Average297811692117471-23.4%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($408,064 per unit), while Grenada ($0.6 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Serbia (+83.2% per year), while the other global leaders experienced a decline in the import price figures.

Turbo-Propeller (Under 1100 KW) - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.60.50.4-17.0%
Ireland0.0008880360.0008657830.01271.1%
Serbia0.000674190.001333030.00523989178.8%
Peru0.0022852480.0023981810.00288649512.4%
Norway0.0075244620.0045525120.002460896-42.8%

In value terms, the United States ($421M) constitutes the largest market for imported turbo-propellers of a power not exceeding 1,100 kw worldwide, comprising 42% of global imports. The second position in the ranking was occupied by Ireland ($12M), with a 1.2% share of global imports. It was followed by Serbia, with a 0.5% share.

In the United States, turbo-propeller (under 1100 kw) imports plunged by an average annual rate of -17.0% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Ireland (+271.1% per year) and Serbia (+178.8% per year).

Turbo-Propeller (Under 1100 KW) - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Canada0.90.80.6-20.7%
Singapore0.10.050.08-11.5%
United States0.080.050.06-14.0%
Czech Republic0.010.010.05106.2%
Germany0.030.050.0415.3%

In value terms, Canada ($556M) remains the largest turbo-propeller (under 1100 kw) supplier worldwide, comprising 61% of global exports. The second position in the ranking was occupied by Singapore ($84M), with a 9.1% share of global exports. It was followed by the United States, with a 6.6% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Canada totaled -20.7%. In the other countries, the average annual rates were as follows: Singapore (-11.5% per year) and the United States (-14.0% per year).

Turbo-Propeller (Under 1100 KW) - Market Forecast

The turbo-propeller (under 1100 kw) market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -1.0% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Turbo-Propeller (Under 1100 KW) - Top Companies

General Electric Company, United Technologies Corporation, Honeywell International Inc., MITSUBISHI HEAVY INDUSTRIES, LTD., Liebherr Maschinen Bulle AG, MITSUBISHI HITACHI POWER SYSTEMS,LTD., Hanwha Aerospace Co., Ltd., Aecc Aviation Power Co., Ltd., NUOVO PIGNONE INTERNATIONAL SRL, Bwxt Investment Company, Franke Industrie AG, Sequa Corporation, Solar Turbines Incorporated, SIEMENS GAMESA RENEWABLE POWER PRIVATE LIMITED, Rolls-Royce Corporation, AAR Corp., Rolls-Royce Deutschland Ltd & Co KG, Heico Corporation, Shanghai Electric Power Generation Equipment Co., Ltd., Barnes Group Inc.

Turbo-propeller - Product Coverage

  • HS 841121 - Turbo-propellers; of a power not exceeding 1100kW
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World - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for turbo-propeller (under 1100 kw).

Eastern Asia - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in Eastern Asia.

Northern America - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in Northern America.

Latin America and the Caribbean - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in Latin America and the Caribbean.

South-Eastern Asia - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in South-Eastern Asia.

Australia and Oceania - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in Australia and Oceania.

Southern Asia - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in Southern Asia.

Central Asia - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in Central Asia.

Middle East - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in the Middle East.

Africa - Turbo-Propellers of A Power not Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in Africa.

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