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Comprehensive Helicopter Engines Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Helicopter Engines Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the helicopter engines market has experienced a slight growth. Its size is projected to rise from $23.22 billion in 2024 to $23.61 billion in 2025, indicating a compound annual growth rate (CAGR) of 1.7%. Factors such as the expansion of commercial aviation, an uptick in search and rescue missions, escalated utilization in law enforcement, border patrol and homeland security requirements, along with augmenting offshore operations, have all contributed to growth during the historical period.
Helicopter Engines Market Size Forecast: What's the Projected Valuation by 2029?
In the forthcoming years, a consistent expansion is anticipated in the helicopter engines market. It's projected to escalate to $27.46 billion in 2029, with a compound annual growth rate (CAGR) of 3.8%. The factors contributing to this growth during the projection period include initiatives related to urban air mobility (uam), replacement of outdated helicopter fleets, increasing needs for unmanned helicopters, attention on fuel efficiency and maintaining environmental sustainability. The major trends for this duration involve advanced engine technologies, implementation of digital technologies, hybrid and electric propulsion, retrofitting and engine innovations, and global growth in civil aviation sector.
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What Are the Drivers Transforming the Helicopter Engines Market?
The anticipated rise in helicopter utilization is projected to fuel the expansion of the helicopter engines market. Helicopters represent a category of aircraft that are employed to commute from and to private homes and cater to a restricted amount of passengers. These versatile machines find their use in a variety of settings such as corporate services, emergency medical services, search and rescue missions, among others. To exemplify, Airbus, the aerospace entity based in France, reported in a study in January 2023 that Airbus Helicopters had a record 216 light single-engine helicopters dispatched in 2022, thus receiving 374 gross orders (net: 362). This underlines the ongoing recuperation of the market. Consequently, the escalating use of helicopters is expected to foster the development of the helicopter engines market.
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What Are the Key Trends Driving Helicopter Engines Market Growth?
Establishing strategic alliances has become an prevalent tendency in the market for helicopter engines. Companies in this sector are developing strategic affiliations to augment their potentials and competitiveness. For example, in January 2023, Leonardo S.p.A., an aerospace firm based in Italy, teamed up with France's Safran Helicopter Engines, which is a producer of helicopter engines, to create the new-gen AW09 single-engine helicopter. The joint assistance network of Leonardo and Safran Helicopter Engines is set to provide innovative, uncomplicated, and affordable maintenance solutions, facilitated by tailor-made PBH (Power-By-The-Hour) and SBH (Support-By-the-Hour) contracts along with an assortment of digital services. Additionally, in July 2022, Hindustan Aeronautics Limited (HAL), a public sector aerospace and defense corporation originating from India, partnered with Safran Helicopter Engines to co-develop the power unit for the 13-ton IMRH (Indian Multi-Role Helicopter) and its naval DBMRH (Deck Based Multi-Role Helicopter) versions. In order to boost the local element in the Shakti engine of the Dhruv and Light Combat Helicopter (LCH) initiatives, both parties concurred on transferring to HAL the production rights for seven crucial forging and casting raw components.
Which Segments in the Helicopter Engines Market Offer the Most Profit Potential?
The helicopter enginesmarket covered in this report is segmented -
1) By Type: Piston Engine, Gas Turbine Engine, Stamping Engine
2) By Weight: Light, Medium, Heavy
3) By Point Of Sale: New, Pre-Owned
4) By Application: Emergency Medical Services, Corporate Services, Search And Rescue Operations, Oil And Gas, Defense, Homeland Security, Other Applications
Subsegments:
1) By Piston Engine: Two-Stroke Piston Engines, Four-Stroke Piston Engines
2) By Gas Turbine Engine: Turbo Shaft Engines, Turbo Jet Engines, Turbo Prop Engines
3) By Stamping Engine: Direct Drive Stamping Engines, Gear-Reduced Stamping Engines
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Which Firms Dominate the Helicopter Engines Market by Market Share and Revenue in 2025?
Major companies operating in the helicopter engines market include Aviation Industry Corporation of China, Raytheon Technologies Corp., Airbus Helicopters SAS, Honeywell Aerospace, Mitsubishi Heavy Industries Ltd., Rostec State Corporation, Safran S.A., Rolls-Royce PLC, Kawasaki Heavy Industries Ltd., IHI Corporation, GE Aerospace, TransDigm Group, StandardAero, Hindustan Aeronautics Limited, Woodward Inc., Pratt & Whitney Canada, Hamilton Sundstrand, MTU Aero Engines, Triumph Group Inc., ITP Aero, Aircraft Specialities Services Inc., ULPower Aero Engines, Rotax Aircraft Engines, Lycoming Engines, United Engine Corporation, Rotor X Aircraft Manufacturing Co., JSCKlimov, Tulsa Propulsion Engines, The Omsk Engine Design Bureau, Sunrise Helicopter Inc.
Which Regions Offer the Highest Growth Potential in the Helicopter Engines Market?
North America was the largest region in the helicopter engines market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the helicopter engines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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