How Big is the Turboprop Engine Market | Key Drivers, Trends & Emerging Developments 2025

Code: MTA9508 Publication Date: Sep 2025

What is the size of the Turboprop Engine Market?

According to 6Wresearch, internal database and industry insights, the Global Turboprop Engine Market was valued at USD 3.01 Billion in 2024 and is expected to reach USD 4.46 Billion by 2031, growing at a compound annual growth rate of 6.80% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of the market include rising demand for fuel-efficient, low-maintenance, and cost-effective engines for regional aircraft and military applications, which are increasingly preferred for their operational efficiency and versatility.

 Key Growth Drivers of the Turboprop Engine Market

  •   Increase in demand for regional and short-haul flights
  •  Due to their affordability and versatility, turboprop engines are being utilized in military aircraft more.
  •  Growing need for aircraft engines with low emissions and low fuel consumption
  •  Advancements in materials science and turboprop engine design
  •  The need for military aircraft is increasing due to the expansion of defense and surveillance activities.

Turboprop Engine Market Trends

The Turboprop Engine Market is growing with key trends such as increasing integration of advanced engine technologies for enhanced fuel efficiency and reliability. Additionally, in order to comply with emissions regulations, aircraft manufacturers are moving toward more environment friendly engines. Hybrid-electric turboprop engines are also developed for the market to increase efficiency and reduce their environmental impact. Due to the are more fuel-efficient and have lower operating costs than other propulsion systems, turboprop engines are becoming more popular.

Emerging Developments in the Turboprop Engine Market

The Turboprop Engine Market is witnessing significant advancements in hybrid-electric propulsion systems, enabling aircraft to operate with reduced fuel consumption and emissions. The use of cutting-edge lightweight materials in turboprop engine design is another advancement that improves overall engine performance and lowers operating expenses. Therefore, to lower maintenance costs, manufacturers are also concentrating on service intervals and increasing engine longevity. Additionally, due to the aerospace industry growing focus on electrification and hybrid technology, turboprop engines are being combined with electric propulsion systems.

List of Leading Companies in the Turboprop Engine Market

Some of the leading companies include:

  • Pratt & Whitney Canada
  • General Electric Company
  • Rolls-Royce Holdings plc
  • Safran Aircraft Engines
  • Honeywell International Inc.
  • Turbomeca (Safran)
  • MTU Aero Engines

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