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The turboprop engine market size is forecast to increase by USD 1.29 billion at a CAGR of 4.5% between 2023 and 2028. The global aerospace industry is experiencing significant growth, driven by several key factors. Firstly, there has been a notable increase in aircraft deliveries, with major manufacturers reporting record numbers in recent years. This trend is expected to continue, driven by rising demand from both commercial and military sectors. Secondly, there is a growing investment in military aircraft, as countries prioritize modernizing their defense capabilities. Lastly, there is an increasing preference for aircraft and engine leasing activities, which provides flexibility for airlines and reduces upfront capital expenditures. These trends are fueling innovation and growth within the industry, making it an exciting space for investment and development.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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