Press release
Helicopter Engines Global Market Size, Share, Trends, Industry Analysis And Forecast 2023-2032
Helicopter Engines Market Report
The Business Research Company's Helicopter Engines Global Market Report 2023 identifies the increasing usage of helicopters as the major driver for the helicopter engines market's growth in the forecast period. Helicopters are a type of aircraft that is used to fly to and from private residences with a limited number of passengers. Helicopters can be used for many applications, such as emergency medical services, corporate services, search and rescue operations, and many others.
The global helicopter engines market is expected to grow from $21.52 billion in 2022 to $22.48 billion in 2023 at a compound annual growth rate (CAGR) of 4.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The helicopter engines market is expected to reach $25.75 billion in 2027 at a CAGR of 3.4%.
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Major competitors in the helicopter engines market are Aviation Industry Corporation of China, Raytheon Technologies Corp., Airbus Helicopters SAS, Honeywell Aerospace, Mitsubishi Heavy Industries Ltd.,
A key trend in the helicopter engines market includes strategic collaborations. Companies operating in the helicopter engines market are entering into strategic partnerships and collaborations to enhance their capabilities and competitiveness. For instance, in January 2023, Leonardo S.p.A., an Italy-based aerospace company, partnered with Safran Helicopter Engines, a France-based manufacturer of helicopter engines, for the production of the next-generation AW09 single-engine helicopter. The combined Leonardo and Safran Helicopter Engines support network will offer cutting-edge, straightforward, and cost-effective maintenance solutions, supported by customized PBH (Power-By-The-Hour) and SBH (Support-By-the-Hour) contracts and a wide range of digital services.
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The helicopter engines market is segmented -
•By Type: Piston Engine, Gas Turbine Engine, Stamping Engine
•By Weight: Light, Medium, Heavy
•By Point Of Sale: New, Pre-Owned
•By Application: Emergency Medical Services, Corporate Services, Search And Rescue Operations, Oil And Gas, Defense, Homeland Security, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the helicopter engines market.
The Business Research Company's "Global Helicopter Engines Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Helicopter Engines Market Include:
1. Executive Summary
2. Helicopter Engines Market Characteristics
3. Helicopter Engines Market Trends And Strategies
4. Helicopter Engines Market - Macro Economic Scenario
5. Helicopter Engines Historic Market Size and Growth
……
32. Global Helicopter Engines Market Competitive Benchmarking
33. Global Helicopter Engines Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Helicopter Engines Market
35. Helicopter Engines Market Future Outlook and Potential Analysis
36. Appendix
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