April 22, 2022
According to recent 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 MarketStudyReport, global helicopter blades market is poised to showcase lucrative expansion trends by 2028.
The growth of the global helicopter blades market can be credited to the high-quality performance capabilities of helicopters in maneuvering flights including rearward, hovering, forward, sideward, and vertical translation. These capabilities are used in missions including air patrol, search, and rescue (SAR), and transportation to offshore and rural places where take-off and landing spaces are restricted.
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The other factors driving the market are increasing manufacturing products for military purposes and helicopter manufacturers forming strategic joint ventures to create composite rotor blades for ultralight helicopters.
The market is segmented based on application type, blade location, material type, distribution channel, and regional analysis.
In terms of application type, the market is further split into civil and military segments, of which the former is expected to showcase substantial growth in the ensuing years. Increasing utilization of helicopters for emergency medical services is also fueling the segmental size.
Based on blade location segment the market is further bifurcated into tail rotor blades and main rotor blades. Among these, the main motor blades segment accounts for the largest market share and will depict similar growth trends in the subsequent years.
The material segment is classified into Glass Fiber Reinforced Plastic (GFRP) and (Carbon Fiber Reinforced Plastic (CFRP). The report cites that the CFRP segment will expand significantly, owing to its high strength, exceptional corrosion resistance, and weight saving characteristics.
Meanwhile, the distribution channel is divided into Aftermarket and OEM. The OEM channel holds the largest market share in terms of revenue and is predicted to showcase exponential growth by 2028. Increasing number of projects for new helicopter development is aiding towards the segmental growth.
The regional landscape of the global helicopter blades marketplace is bifurcated into the Middle East & Africa, Europe, North America, Latin America, and the Asia Pacific. The North America market will grow significantly given the presence of several prominent helicopter manufacturers in the region.
The leading companies operating in global helicopter blades marketplace include Kaman Corporation, Bell Helicopter Textron Inc., Lockheed Martin Corporation, Airbus S.A.S., The Boeing Co., Robin Helicopter Company, Erickson Incorporated, Van Horn Aviation LLC, Hindustan Aeronautics Limited, Ducommun Incorporated, Carson Helicopters Inc., and Eagle Aviation technologies.