Blockchain Press Releases
Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive
The global aircraft micro turbine engine market is expected to grow primarily due to the increasing concept of micro turbine for propulsion. The aftermarket sub-segment is expected to flourish immensely. The market in the Europe region is predicted to grow at a high CAGR by 2031.
NEW YORK, June 27, 2023 /PRNewswire/ —
Global Aircraft Micro Turbine Engine Market Forecast Analysis
As per the report published by Research Dive, the global aircraft micro turbine engine market is expected to register a revenue of $4,074.90 million by 2031 at a CAGR of 5.8% during the forecast period 2022-2031.
Segments of the Aircraft Micro Turbine Engine Market
The report has divided the aircraft micro turbine engine market into the following segments:
- Engine Type: turboshaft and turbojet
- Turboshaft – Most dominant in 2021
Turboshaft engines are used in a wide range of applications, including turboprop aircraft, helicopters, and several small unmanned aerial vehicles (UAVs). This is expected to push the growth of this sub-segment further. - Distribution Channel: OEM and aftermarket
- Aftermarket – Highest market share in 2021
Continued advancements in the field of micro turbine engines are expected to boost the sub-segment in the 2022-2031 timeframe. - Application: civil, defense, and others
- Civil – Most profitable in 2021
The civil application of aircraft micro turbine engines involves both general aviation and commercial aviation applications. These engines can be found in a broad variety of aircraft, including helicopters and small turboprop planes. This is expected to propel the sub-segment forward. - Region: North America, Europe, Asia-Pacific, and LAMEA
- Europe – Significant market share in 2021
The increasing demand for more effective and dependable aircraft engines, the rise in need for lightweight, small, and fuel-efficient engines, and the development of the UAV sector are predicted to propel the market in the forecast period.
Access to the Complete PDF Sample of the Aircraft Micro Turbine Engine Market
Dynamics of the Global Aircraft Micro Turbine Engine Market
The growing need for electric and hybrid-electric aircraft is expected to make the aircraft micro turbine engine market a highly profitable one in the forecast period. Additionally, a surge in technological developments in aircraft micro turbine engines is predicted to propel the market forward. However, the lack of market penetration of aircraft microturbine engines might become a restraint in the growth of the market.
The rise in demand for urban air mobility to curb traffic congestion in urban regions is predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, a notable increase in demand for microturbine engines as they offer several advantages for eVTOL aircraft such as compact size, enhanced fuel efficiency, and reduced noise emissions is expected to propel the aircraft micro turbine engine market forward in the coming period.
COVID-19 Impact on the Global Aircraft Micro Turbine Engine Market
The COVID-19 pandemic disrupted the routine lifestyle of people across the globe and the subsequent lockdowns adversely impacted the industrial processes across all sectors. The aircraft micro turbine engine market, too, was negatively impacted due to the pandemic. The decline in air travel and the subsequent drop in demand for new aircraft also resulted in a decline in the demand for microturbine engines. The outbreak slowed new aircraft purchases since airlines and aircraft manufacturers were worried about the future demand for air travel. As a result, several aircraft manufacturers were forced to delay or cancel plans to introduce new aircraft that needed microturbine engines. These factors significantly hindered market growth amidst the pandemic.
Key Players of the Global Aircraft Micro Turbine Engine Market
The major players of the market include
- Elliott Company
- AeroDesignWorks GmbH
- General Electric Company
- Kratos Defense & Security Solutions Inc.
- Micro Turbine Technology B.V.
- Honeywell International Inc.
- PBS Group
- Turbotech SAS
- Williams International.
- Sentient Blue Technologies
These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain market growth.
For instance, in June 2021, Kratos Defense & Security Solutions, Inc., a prominent supplier of national security solutions, announced that KTT (Kratos Turbine Technologies) Division received a $8.6 million task order under its ATTAM (Advanced Turbine Technologies for Affordable Mission) ID/IQ contract. As per the terms of the deal, the company will design, develop, assemble, and test a cost-efficient turboshaft engine for Group 3 UAVs.
What the Report Covers
Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter’s five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)
More about Aircraft Micro Turbine Engine Market:
- A Brief Analysis of Advantages of Aircraft Micro Turbine Engines Over Piston Engines
- Global Aircraft Micro Turbine Engine Market to Generate $4,074.90 Million by 2031, Owing to Rising Demand for Electric and Hybrid-Electric Aircraft
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About Research Dive
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
Contact:
Mr. Abhishek Paliwal
Research Dive
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Blockchain Press Releases
Term Structure Institutional (TSI): The Future of Institutional Fixed-Rate Digital Asset Lending and Borrowing
HONG KONG, March 17, 2025 /PRNewswire/ —
As institutional adoption of digital assets accelerates, the demand for reliable, predictable, and efficient lending and borrowing solutions has never been greater. Term Structure Institutional (TSI) is at the forefront of this transformation, offering a cutting-edge fixed-rate borrowing and lending platform designed to meet the needs of institutional investors.
With a robust foundation built on Fireblocks’ industry-leading Multi-Party Computation (MPC) technology and as an advanced Electronic Communication Network (ECN), TSI eliminates the risks of volatile lending and borrowing markets, providing institutions with seamless access to fixed-income opportunities in the digital asset space.
Despite the rapid growth of digital asset markets, institutional participants continue to face significant barriers:
- Unpredictable Borrowing Costs – Open-term loans expose institutions to fluctuating interest rates, making financial planning challenging.
- Security Concerns – The on-chain DeFi ecosystem is prone to hacks and vulnerabilities, deterring institutional involvement.
- Limited Trading Flexibility – Traditional custodian solutions often restrict institutions from executing sophisticated borrowing and lending strategies.
- Inefficiencies in OTC Markets – A lack of transparency and standardized pricing leads to suboptimal execution.
TSI directly addresses these pain points, delivering a reliable and efficient fixed-income platform purpose-built for institutional engagement.
Enhanced Security with Fireblocks MPC Technology
TSI integrates Fireblocks’ cutting-edge MPC technology, ensuring that institutional assets remain protected at all times. By eliminating single points of failure, TSI significantly enhances risk management and compliance.
Predictable, Fixed-Rate & Fixed-Term Borrowing & Lending
TSI enables institutions to lock in stable interest rates and predefined loan durations, providing much-needed certainty for long-term financial strategies.
Efficient Market Access
TSI’s ECN-powered platform revolutionizes price discovery and liquidity aggregation, bringing the standardization and efficiency of traditional finance into the digital asset ecosystem.
Institutional-Grade Over-Collateralized Lending
To mitigate default risks, TSI requires borrowers to provide collateral exceeding the loan value, ensuring robust lender protection and market stability.
Streamlined Collateral Liquidation
TSI’s structured liquidation process ensures collateral is efficiently managed, safeguarding institutional participants from unnecessary losses.
TSI is more than just a platform—it’s a game-changer for institutional digital asset lending and borrowing. By combining enhanced security and fixed-rate certainty, TSI is setting a new standard for institutional finance in the digital asset space.
Are you ready to experience the next evolution of institutional digital asset lending? Join TSI today and unlock the power of predictable, reliable, and institutional-grade financing. Follow us on X to stay updated!
Term Structure Labs Limited is a company registered in BVI, primarily focused on DeFi research with an emphasis on fixed-rate solutions. Term Structure Institutional (TSI) is one of its products, designed specifically to cater to institutional users, offering tailored solutions within the broader Term Structure ecosystem.
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PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.
NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.
In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.
“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”
BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.
About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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Blockchain Press Releases
Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots
VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.
This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.
To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.
This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.
For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.
KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.
Disclaimer: This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.
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