1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 MARKET DEFINITION 19
1.3 STUDY SCOPE 20
1.3.1 MARKETS COVERED 20
1.3.2 REGIONAL SCOPE 20
1.3.3 YEARS CONSIDERED FOR THE STUDY 21
1.4 CURRENCY 21
1.5 LIMITATIONS 22
1.6 MARKET STAKEHOLDERS 22

2 RESEARCH METHODOLOGY 23
2.1 RESEARCH DATA 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Key data from secondary sources 25
2.1.2 PRIMARY DATA 25
2.1.2.1 Key data from primary sources 26
2.1.2.2 Key industry insights 26
2.1.2.3 Breakdown of primaries 27
2.2 MARKET SIZE ESTIMATION 27
2.2.1 BOTTOM-DOWN APPROACH 28
2.2.2 TOP-DOWN APPROACH 28
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 29
2.4 RESEARCH ASSUMPTIONS 30

3 EXECUTIVE SUMMARY 31

4 PREMIUM INSIGHTS 33
4.1 ATTRACTIVE OPPORTUNITIES IN THE AIRCRAFT MICRO TURBINE ENGINES MARKET 33
4.2 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY HORSEPOWER 33
4.3 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY REGION 34

5 MARKET OVERVIEW 35
5.1 INTRODUCTION 35
5.2 MARKET DYNAMICS 35
5.2.1 DRIVERS 36
5.2.1.1 Low operating & maintenance costs 36
5.2.1.2 Limited range and capacity of fully electric aircraft 36
5.2.1.3 Reduced aircraft noise & emission 37
5.2.1.4 Structural advantages of aircraft micro turbine engines 37
5.2.1.4.1 High rotating speed 37
5.2.1.4.2 Compact size 37
5.2.1.4.3 Compressor 37
5.2.2 OPPORTUNITIES 38
5.2.2.1 Emergence of hybrid electric power generation technology 38
5.2.2.2 Development of distributed power generation systems 38
5.2.3 CHALLENGES 39
5.2.3.1 Reliability of micro turbine engines in harsh environments 39
5.2.3.2 High cost of micro turbine engines 39

6 INDUSTRY TRENDS 40
6.1 INTRODUCTION 40
6.2 AIRCRAFT HYBRID ELECTRIFICATION ROADMAP (2016 TO 2040) 40
6.3 FUEL AGNOSTIC MICRO TURBINE ENGINES 41
6.4 ALTERNATIVE TECHNOLOGIES FOR AIRCRAFT MICRO TURBINE ENGINES 41
6.4.1 ADVANCED BATTERIES 41
6.4.1.1 Lithium-sulfur (Li-S) 41
6.4.2 GAS ENGINES 42
6.4.3 FUEL CELLS 42
6.4.4 SOLAR POWER GENERATION 42
6.5 NASA ELECTRIFIED AIRCRAFT PROPULSION (EAP) PROGRAMS 43
6.5.1 NASA STARC-ABL 44
6.5.2 BOEING SUGAR FREEZE 44
6.5.3 NASA N3-X 44
6.5.4 ESAERO ECO-150 44
6.5.5 BOEING SUGAR VOLT 44

7 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY END USE 45
7.1 INTRODUCTION 46
7.2 ORIGINAL EQUIPMENT MANUFACTURERS 47
7.2.1 GROWING NEED TO OPTIMIZE POWER RANGE OF ELECTRIC AIRCRAFT
TO DRIVE MARKET GROWTH 47
7.3 AFTERMARKET 47
7.3.1 DEMAND FOR GREATER OPERATIONAL EFFICIENCY EXPECTED TO DRIVE GROWTH OF AFTERMARKET SEGMENT 47

8 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY PLATFORM 48
8.1 INTRODUCTION 49
8.2 VTOL 50
8.2.1 LARGE POPULATION IN URBAN AREAS INFLUENCING THE DEVELOPMENT OF VTOL AIRCRAFT 50
8.3 AIR TAXIS 50
8.3.1 DEVELOPMENT OF HYBRID AIR TAXIS EXPECTED TO FUEL THE ADOPTION
OF MICRO TURBINE ENGINES IN PROPULSION SYSTEMS 50
8.4 CARGO AERIAL VEHICLES (CAVS) 50
8.4.1 ADOPTION OF DRONES FOR CARGO DELIVERIES EXPECTED TO FUEL
THE DEMAND FOR AIRCRAFT MICRO TURBINE ENGINES 50
8.5 BUSINESS JETS 51
8.5.1 RISING NUMBER OF PRIVATE AVIATION COMPANIES EXPECTED TO DRIVE
THE DEMAND FOR AIRCRAFT MICRO TURBINE ENGINES 51
8.6 LIGHT AIRCRAFT 51
8.6.1 FREQUENT MODIFICATIONS IN LIGHT AIRCRAFT EXPECTED TO FUEL THE MARKET FOR AIRCRAFT MICRO TURBINE ENGINES 51
8.7 MILITARY TRAINER AIRCRAFT 52
8.7.1 FOCUS ON REDUCING COST OF TRAINING MILITARY PILOTS EXPECTED
TO DRIVE THE DEMAND FOR AIRCRAFT MICRO TURBINE ENGINES 52
8.8 MILITARY UNMANNED AERIAL VEHICLES 52
8.8.1 GROWING APPLICATIONS OF UAVS IN THE MILITARY SECTOR EXPECTED
TO DRIVE THE DEMAND FOR MICRO TURBINE ENGINES 52

9 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY HORSEPOWER 53
9.1 INTRODUCTION 54
9.2 5–50 HP 55
9.2.1 GROWING EMPHASIS ON ENHANCING POWER GENERATION CAPACITY
IN SMALL AERIAL VEHICLES EXPECTED TO DRIVE THE MARKET 55
9.3 50–100 HP 55
9.3.1 WIDE APPLICATION AREA ALONG WITH ONGOING DEVELOPMENTS
BY MANUFACTURERS EXPECTED TO DRIVE MARKET GROWTH 55
9.4 100–200 HP 55
9.4.1 ADOPTION OF MICRO TURBINE ENGINES IN APU SYSTEMS IN LIGHT AIRCRAFT EXPECTED TO DRIVE MARKET GROWTH 55

10 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY ENGINE TYPE 56
10.1 INTRODUCTION 57
10.2 TURBOJET MICRO TURBINE ENGINES 58
10.2.1 SIMPLE STRUCTURE OF TURBOJET MICRO TURBINE ENGINES EXPECTED
TO DRIVE GROWTH 58
10.3 TURBOSHAFT MICRO TURBINE ENGINES 58
10.3.1 INCREASING COMMERCIALIZATION OF UAVS TO FUEL MARKET GROWTH 58

11 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY FUEL TYPE 59
11.1 INTRODUCTION 60
11.2 KEROSENE 61
11.2.1 SUITABLE CHARACTERISTICS OF KEROSENE FOR POWER GENERATION EXPECTED TO DRIVE THE MARKET 61
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11.3 DIESEL 61
11.3.1 HIGHER EFFICIENCY OF DIESEL MICRO TURBINE ENGINES EXPECTED
TO DRIVE MARKET GROWTH 61
11.4 JET-A 61
11.4.1 SUITABLE THERMAL PROPERTIES EXPECTED TO STIMULATE THE ADOPTION OF JET-A FUEL 61
11.5 BIOFUEL 62
11.5.1 REDUCED EMISSIONS OF CARBON MONOXIDE AND TOTAL CARBON DIOXIDE EXPECTED TO DRIVE THE DEMAND FOR BIOFUEL 62
11.6 SYNTHETIC FUEL 62
11.6.1 POTENTIAL TO REDUCE ENERGY DEPENDENCY ON FOSSIL FUELS EXPECTED TO DRIVE THE DEMAND FOR SYNTHETIC FUEL 62

12 AIRCRAFT MICRO TURBINE ENGINES MARKET, BY APPLICATION 63
12.1 INTRODUCTION 64
12.2 CIVIL AVIATION 65
12.2.1 EMPHASIS ON REPLACEMENT OF LIGHT AIRCRAFT WITH ELECTRIC AIRCRAFT TO BOOST THE CIVIL AVIATION SEGMENT 65
12.3 URBAN AIR MOBILITY (UAM) 65
12.3.1 TECHNOLOGICAL DEVELOPMENTS IN URBAN AIR MOBILITY TO INCREASE ADOPTION OF ELECTRIC OR HYBRID-ELECTRIC PROPULSION SYSTEMS 65
12.4 UNMANNED AIRCRAFT 66
12.4.1 INCREASING REPLACEMENT OF MANNED AIRCRAFT WITH UNMANNED AIRCRAFT TO DRIVE MARKET GROWTH 66
12.5 MILITARY AVIATION 67
12.5.1 GROWING INSTANCES OF DISPUTES BETWEEN NEIGHBORING COUNTRIES
TO DRIVE MARKET GROWTH 67

13 REGIONAL ANALYSIS 68
13.1 INTRODUCTION 69
13.2 NORTH AMERICA 71
13.2.1 US 74
13.2.1.1 Presence of leading aircraft micro turbine engine manufacturers to drive market growth 74
13.2.2 CANADA 75
13.2.2.1 Growth of the aerospace industry in Canada to fuel the adoption of aircraft micro turbine engines 75
13.3 EUROPE 77
13.3.1 UK 80
13.3.1.1 Presence of aircraft OEMs expected to drive market growth 80
13.3.2 GERMANY 82
13.3.2.1 Supportive government initiatives expected to drive the market 82
13.3.3 FRANCE 83
13.3.3.1 Presence of leading aircraft manufacturers influences market growth 83
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13.3.4 ITALY 85
13.3.4.1 Rising demand for border surveillance and intelligence gathering expected to drive market growth 85
13.3.5 SWEDEN 86
13.3.5.1 Favorable government policies will drive market growth 86
13.3.6 REST OF EUROPE 87
13.3.6.1 Increasing emphasis on emission-less flying expected to drive market growth 87
13.4 ASIA PACIFIC 89
13.4.1 RUSSIA 92
13.4.1.1 Increasing spending on procurement of technologically advanced aerial vehicles to drive the market 92
13.4.2 CHINA 94
13.4.2.1 Significant potential for the adoption of hybrid-electric propulsion to drive market growth 94
13.4.3 INDIA 95
13.4.3.1 Improving domestic capabilities for technological development in aviation to drive market 95
13.4.4 JAPAN 97
13.4.4.1 Technologically advanced capabilities along with skilled human workforce expected to drive the market 97
13.4.5 AUSTRALIA 99
13.4.5.1 Penetration of advanced technology in international as well as domestic air traffic to drive market growth 99
13.4.6 SOUTH KOREA 100
13.4.6.1 Presence of electric power-generating component manufacturers to support market growth 100
13.4.7 REST OF ASIA PACIFIC 102
13.4.7.1 Ample availability of resources required for manufacturing micro turbine engines expected to support market growth 102
13.5 REST OF THE WORLD 104
13.5.1 MIDDLE EAST 105
13.5.1.1 Emergence of start-ups in electric aircraft manufacturing expected to drive the market 105
13.5.2 LATIN AMERICA 107
13.5.2.1 Investments by global aircraft manufacturing companies in the region to drive market growth 107
14 COMPETITIVE LANDSCAPE 110
14.1 INTRODUCTION 110
14.2 PRODUCT COMPARISON MATRIX FOR MARKET PLAYERS 111
14.3 PERFORMANCE COMPARISON OF AIRCRAFT MICRO TURBINE ENGINES 112
14.4 COMPETITIVE ANALYSIS 113
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14.4.1 AIRCRAFT MICRO TURBINE ENGINES MARKET COMPETITIVE LEADERSHIP MAPPING (OVERALL MARKET) 113
14.4.1.1 Progressive companies 113
14.4.1.2 Responsive companies 113
14.4.1.3 Dynamic companies 113
14.4.1.4 Starting blocks 113
14.5 RANKING OF KEY PLAYERS, 2019 115
14.6 STRENGTH OF PRODUCT EXCELLENCE 116
14.7 BUSINESS STRATEGY EXCELLENCE 117
14.8 COMPETITIVE SCENARIO 118
14.8.1 STRATEGIES ADOPTED BY MARKET PLAYERS 118

15 COMPANY PROFILES 119
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, growth strategies, Right to WIn, Recent developments)*
15.1 HONEYWELL INTERNATIONAL INC. 119
15.2 UAV TURBINES, INC. 122
15.3 TURBOTECH SAS 125
15.4 PBS GROUP 126
15.5 GE AVIATION 127
15.6 AMT NETHERLANDS B.V. 130
15.7 WILLIAMS INTERNATIONAL 131
15.8 MICRO TURBINE TECHNOLOGY B.V. 132
15.9 BF-TURBINES 133
15.10 KRATOS DEFENSE & SECURITY SOLUTIONS, INC. 134
15.11 ELLIOTT GROUP 137
15.12 SENTIENT BLUE TECHNOLOGIES 138
15.13 ROLLS-ROYCE HOLDINGS PLC 139
15.14 JETCAT AMERICAS 142
15.15 JETSMUNT SL 143
15.16 STUTTGART ENGINEERING PROPULSION TECHNOLOGIES UG 144
15.17 LAMBERT MICROTURBINE 145
15.18 HAWK TURBINE AB 146
15.19 BOWMAN 147
15.20 BRAYTON ENERGY 148
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, growth strategies, Right TO WIn, Recent developments might not be captured in case of unlisted companies.

16 APPENDIX 149
16.1 DISCUSSION GUIDE 149
16.2 KNOWLEDGESTORE 151
16.3 AVAILABLE CUSTOMIZATIONS 153
16.4 RELATED REPORTS 153
16.5 AUTHOR DETAILS 154