February 14, 2020
According to the research report titled ‘Helicopter Blades Market Size By Application (Military, Civil), By Blade Location (Main Rotor Blade, Tail Rotor Blade), By Material (Carbon Fiber Reinforced Plastic (CFRP), Glass Fiber Reinforced Plastic (GFRP)), By Distribution Channel (OEM, Aftermarket), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Spain, Poland, Sweden, China, India, Japan, South Korea, Singapore, Australia, Mexico, Brazil, Argentina, Saudi Arabia, Qatar, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’ available with Market Study Report LLC, the global helicopter blades market is set to amass substantial profits by the year 2025.
According to the report, growing demand for helicopters due to their efficacy in maneuvering flights including vertically, horizontally, forward, and rearward is the major factor driving the helicopter blades market growth. Helicopters are extensively used in various missions such as offshore transportation, air petrol, and search & rescue operations. Numerous OEMs are focusing on reducing the carbon footprint as well as reducing the noise levels. These factors coupled with rising R&D activities to develop advanced high-speed helicopters is fostering the demand for helicopter blades across the globe. Several collaborations between helicopter manufacturers and research institutes to produce composite rotor blades for lightweight helicopters, in consort with joint ventures with governments to fulfill military requirement are stimulating the industry outlook.
Based on the application spectrum, the report states that civil helicopter application segment is presumed to expand significantly during the estimated timeframe. Rising use of helicopters for emergency medical services and growing demand for helicopter-taxi solutions are fueling the segmental growth.
In terms of blade location, the main rotor blade segment presently holds the largest share in the helicopter blades market due to its significance in delivering lifting forces to the helicopter. Technological advancements including development of no-spar configuration blades that enhance the performance of helicopters as well as required minimum production time are also facilitating the business scenario.
As per material type, the report cites that CFRP (carbon fiber reinforced plastic) segment is expected to register substantial growth during the forecast period. The material offers high strength, lightweight, corrosion and fatigue resistance properties which are favorable for rotor blades.
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Speaking of distribution channel, OEM holds the largest share of helicopter blades market owing to increasing production of helicopter and rising number of military helicopter projects.
Considering the geographical landscape, the report states that North America helicopter blades industry will witness substantial growth by 2025, primarily driven by high concentration of key industry players and growing demand for helicopters across the region. Development of new production facilities is also augmenting the regional market share.
The prominent companies operating in the helicopter blades market are Van Horn Aviation, LLC, Robinson Helicopter Co., Lockheed Martin Corp., Kaman Corp., Hindustan Aeronautics Ltd., Erickson, Eagle Aviation Technologies, Ducommun, Inc., Carson Helicopters, Inc., Boeing, Bell Helicopter Textron, Inc., and Airbus S.A.S.
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