Press release
Helicopter Blades Market in Aerospace industry is likely to reach US$ 1,568.4 million in 2022. – Stratview Research Market Report
The research studies Helicopter Blades market in the trend period of 2011 to 2016 and forecasted period of 2017 to 2022 under given segments - by Helicopter Type (Civil, Military, and Civil/Military), by Engine Type (Turbine and Piston), by Blade Location Type (Main Rotor and Tail Rotor), by Design Type (Symmetrical and Under Cambered), by Material Type (Carbon Composites, Hybrid Composites, and Others), by Manufacturing Process (Sandwich Construction and Others), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and RoW), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.The study finds –
Europe is projected to remain the largest and fastest-growing market for helicopter blades market during the forecast period.
Main rotor blade is projected to remain the largest type during the forecast period. Both main rotor and tail rotor blades are likely to witness similar growth over the next five years.
Composites is likely to remain the largest and fastest-growing material type during the forecast period. The materials' potential in structural applications has been recognized since long by the Helicopter manufacturers.
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Helicopter Blades Market: Highlights
The helicopter blades market was valued at US$ 1,212.5 million in 2016 and is projected to grow at a healthy CAGR of 4.5% over the next five years to reach US$ 1,568.4 million in 2022. Increasing deliveries of helicopters, advancement in the blade technology such as electric tail rotor systems, continuous shift from heavy metal blades to lightweight composite blades, and rising helicopter fleet size are some of the major growth drivers of the global helicopter blades market.
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The helicopter blades market is segmented based on helicopter type as civil and parapublic, military, and civil/military. Military and civil/military segments currently dominate the helicopter blades market, driven by high deliveries of helicopters and large fleet size. H125, H135, and H145 of Airbus Helicopters, Black Hawk of Sikorsky, A-64 Apache of Boeing, and AW139 of Agusta Westland are amongst the key helicopter models which are driving the demand for blades in these segments. Civil and parapublic segment is projected to witness the highest growth during the forecast period, driven by increasing demand for light single-engine and intermediate & medium twin-engine civil helicopters.
Based on the material type, composites is likely to remain the largest and fastest-growing material type during the forecast period. The materials' potential in structural applications has been recognized since long by the Helicopter manufacturers. Military helicopters use composites ranging from 50% to 80% of the total airframe weight. The usage of composites varies significantly in civil helicopters. Some civil helicopter manufacturers are using composites extensively, whereas some are using them mainly in the non-structural applications. Blades are also not untouched with such dynamics and major helicopter manufacturers are increasingly adopting composite blades in their upcoming models. At the same time, there is also an increasing demand for composite blades in the aftermarket.
Based on blade location type, main rotor blade is projected to remain the largest type during the forecast period. Both main rotor and tail rotor blades are likely to witness similar growth over the next five years. There is an increasing penetration of composite materials in both the blade types.
Europe is projected to remain the largest and fastest-growing market for helicopter blades market during the forecast period. The region is the manufacturing capital of the helicopter industry with the presence of Airbus Helicopters, Agusta Westland, and Russian Helicopters. All the major helicopter manufacturers are producing blades in Europe only.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum input to the entire value chain of Helicopter Blades. The key features of the report are -
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors.
Stratview follows a rigorous process for conducting business research from primary and secondary sources to understand the entire market ecosystem. It has several high value market reports in the Aerospace & defence industry. Please refer to the following link to browse through the reports:
Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
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