Global Contrarotating Propeller Spinners Market is Segmented By Propeller Size (Small-Scale Propellers, Medium-Scale Propellers, Large-Scale Propellers), By Application (Unmanned Aerial Vehicles (UAVs), Military Aircraft, Civilian Aircraft, Marine), By End-User (Aerospace & Defense, Recreational & Leisure, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Contrarotating Propeller Spinners Market Size
Global Contrarotating Propeller Spinners Market reached USD 672.4 million in 2022 and is expected to reach USD 956.2 million by 2030, growing with a CAGR of 4.5% during the forecast period 2023-2030. Advances in torpedo technology will be a major factor in driving the growth of the global contrarotating propeller spinners market during the forecast period.
Many countries are developing new versions of torpedoes to enhance defence capabilities. For instance, in June 2023, India carried out the test of its Varunastra heavyweight torpedo.
Armies in Africa and Middle East are extensively utilizing unmanned aerial vehicles in the fight against militias, rebels and terrorist organizations. With more and more countries adopting drone warfare tactics, the regions could experience a significant increase in demand for contrarotating propeller spinners in the aftermarket over the forecast period.
Contrarotating Propeller Spinners Market Scope
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Metrics |
Details |
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CAGR |
4.5% |
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Size Available for Years |
2021-2030 |
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Forecast Period |
2023-2030 |
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Data Availability |
Value (US$) |
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Segments Covered |
Propeller Size, Application, End-User and Region |
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Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
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Fastest Growing Region |
Asia-Pacific |
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Largest Region |
North America |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Equipment Type Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Contrarotating Propeller Spinners Market Dynamics
Increase in Global Defence Spending
According to data from the Stockholm International Peace Research Institute (SIPRI), global defence spending has grown by over 19% in the decade from 2013-2022. Furthermore, global defence spending grew by 3.7% in real terms in 2022 over the previous year, to reach USD 2,240 billion. It is expected that defence spending will increase significantly over the medium and long term in wake of the Russia-Ukraine war.
Major global military powers are increasing defence expenditure primarily for the induction of new weapon systems. To counter a multitude of emerging threats, militaries are inducting various weapons such as unmanned aerial vehicles (UAVs) for armies and air force and new torpedoes for naval forces. The increase in defence spending will indirectly augment demand for contrarotating propellers from various weapons manufacturers.
Increasing Focus on Development of Electric Aircraft
The global aviation industry has been focused on reducing its carbon emission and is undertaking the development of various hybrid and electric aircraft. With growing interest in electric aircraft, leading aerospace companies are evaluating the usage of contratrotating propeller spinners for aircraft electric propulsion systems.
Contrarotating propellers, can provide improved efficiency and thrust generation capabilities, thus enhancing electric propulsion systems by maximizing power utilization and extending the range of electric aircraft. Furthermore, contrarotating propeller engines can ensure better power management, especially in contrast to jet engine technologies. Although electric aircraft are still years away from commercial run, it presents major opportunities for the global market over the medium and long term.
Competition From Other Technologies
Contrarotating propellers is a niche technology with specific applications. The installation of contrarotating shafts is highly challenging and requires extensive maintenance for smooth operation. Furthermore, the aerodynamic advantages gained by the propellers are partially lost due to the mechanical losses in shaft operation.
Turbofan jet engines are commonly used for propulsion in civilian and military aircraft, due to their high reliability, high thrust output and fuel economy. Unmanned aircraft such as drones typically utilize simple piston engines for operation. The competition from other, more reliable propulsion technologies relegates contrarotating propellers to relatively niche applications, thus limiting the growth of the global market.
Contrarotating Propeller Spinners Market Segmentation Analysis
The global contrarotating propeller spinners market is segmented based on propeller size, application, end-user and region.
Innovations in Combat Drones Will Open Up Opportunities for Contrarotating Propellers
Aerospace and defense end-users account for more than two-thirds of the global market. Contrarotating propellers are widely used in military aviation, mainly for attack helicopters and long-range strategic bombers. Many modern torpedoes utilize contrarotating propellers to ensure longer strike range and stability during operation.
Furthermore, the rise of unmanned combat aerial vehicles (UCAVs) has opened up more opportunities for contrarotating propellers in the aerospace and defense sectors. New multi-rotor loitering munitions and FPV drones can utilize contrarotating propellers to ensure better stability and redundancy.
Global Contrarotating Propeller Spinners Market Geographical Share
Increasing Stealth Fighter Production in North America
North America is expected to account for nearly half of the global market. North America, particularly U.S. has a highly advanced defense industry, which supplies weaponry to the U.S. armed forces. Contrarotating propellers are widely used within the defense shipbuilding and aircraft manufacturing industries in U.S. With USD 136 billion used for weapons procurement in 2022, the U.S. armed forces presents significant opportunities for defense companies to develop and offer new weapons.
The Lockheed Martin F-35B stealth fighter jet utilizes contrarotating propeller blades in its lift fan to enable vertical take-off and landing (VTOL). Lockheed Martin is currently looking to increase its F-35 production rate to 156 per year. Torpedoes are another majo weapons system utilizing contrarotating propellers. The U.S. Navy uses Mark 46, Mark 48, Mark 50 and Mark 54 torpedoes for various naval operations.
Contrarotating Propeller Spinners Market Companies
The major global players include General Electric, Collins Aerospace, MT-Propeller, Hartzell Propeller, Safran, Textron Aviation, CR Flight, LLC, Warp Drive Incorporated, Culver Props and HOFFMANN PROPELLER GmbH & Co. KG.
COVID-19 Impact on Contrarotating Propeller Spinners Market
The COVID-19 pandemic had a significant impact on the global contrarotating propeller spinners market. Movement restrictions and other measures imposed by government to curb the pandemic disrupted research and development activities. It led to prolongation of new product launches as companies waited out the pandemic to undertake prototype testing.
Despite pandemic lockdowns, many countries allowed defense companies to continue production under restrictions to mitigate the impact of the pandemic on defense preparedness. However, the post-pandemic period has witnessed companies ramping up production of military equipment. The global market will witness steady growth over the upcoming years.
AI Impact Analysis
Artificial intelligence (AI) can be utilized by product developers and manufacturers to significantly improve research and design capabilities. AI-enabled software can significantly shorten development timelines. It can also significantly improve simulation and testing, leading to reduced testing costs.
AI-based technologies can be utilized to improve the manufacturing process of contrarotating propellers by automating various stages such as quality control, monitoring of production parameters and optimization of manufacturing workflows. AI-powered machine vision systems can be used for the detection of defects in propeller components and streamline production for increased efficiency.
Russia- Ukraine War Impact Analysis
The Russia-Ukraine war has created major demand for contrarotating propellers, mainly from the Russian armed forces. Russia has been extensively using its Tupolev Tu-95 strategic bombers for strike missions in the conflict. The Tu-95 is powered by four NK-12 engines utilizing contrarotating propellers. The heavy usage of these bombers in the conflict will likely generate demand for maintenance, repair and overhaul services for contrarotating propellers.
Furthermore, Russia is also utilizing its Kamov Ka-52 attack helicopters for ground infantry support operations. The helicopter uses co-axial contrarotating propellers for propulsion. Russia has ramped up production of Ka-52 helicopters as the conflict drags on. It will generate significant demand for contrarotating propellers.
By Propeller Size
- Small-Scale Propellers
- Medium-Scale Propellers
- Large-Scale Propellers
By Application
- Unmanned Aerial Vehicles (UAVs)
- Military Aircraft
- Civilian Aircraft
- Marine
By End-User
- Aerospace & Defense
- Recreational & Leisure
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Middle East and Africa
Key Developments
- In June 2023, a team of scientists from the Kyoto Institute of Technology in Japan, published a research paper detailing the development and simulation of a flying car concept utilization contrarotating propeller spinners for propulsion.
- In December 2022, a team of researchers from the Beihang University in China published a research paper describing the optimization of the blade shape of a contrarotating propeller for improved vertical take off and landing (VTOL) aircraft operations.
- In September 2021, CR Flight, a U.S.-based aviation startup, showcased a new contrarotating propeller technology for use in upcoming electric aircraft during the Commercial UAV Expo in Las Vegas, U.S.
Why Purchase the Report?
- To visualize the global contrarotating propeller spinners market segmentation based on propeller size, application, end-user and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of contrarotating propeller spinners market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The global contrarotating propeller spinners market report would provide approximately 57 tables, 58 figures and 190 Pages.
Target Audience 2023
- Aircraft Manufacturers
- Shipbuilding Companies
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
