Helicopter blades market may to accrue significant returns from the military sector. Increase in defense spending and rising military budget worldwide will positively influence industry trends. Rise in number of advanced combat helicopters orders is expected to supplement market share. According to credible reports, around 500 helicopters are expected to be delivered to eastern European countries by 2030, creating opportunities for U.S. manufacturers. While, in 2019, the German government released its tender for military helicopter which includes procurement of 45-60 choppers by 2023 and beyond.
Escalating demand for passenger and military helicopters, along with rising defense spending worldwide is anticipated to drive helicopter blades market outlook. Rotor blades are vital parts for any helicopter as they can significantly impact crucial flight parameters like cruise speed, climb rate, and payload capacity. Well-designed, high-performance rotor blades can offer improved controllability, especially during operations like rescue missions, air medical services, executive endeavors and more.
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The collaboration of research institutes and helicopter manufacturers to develop the composite rotor blades for ultralight helicopters will boost the helicopter blades market growth. The researchers are performing several test including strength tests, blade workload calculation, FEM strength analysis, and blade vibration characteristics to ensure the efficient performance of blade design. For instance, in March 2017, the Institute of Aviation signed an agreement to continue research for innovative composite rotors of ultralight helicopters.
The helicopter manufacturers are entering into strategic joint ventures to manufacture products for military applications. For instance, in July 2018, Mahindra Defense and Airbus Helicopters announced a plan to produce the helicopters for Indian Military. The companies are engaged in discussion to finalize the joint venture agreement. This enable to enhance the domestic helicopter production facilities in India. All these strategic activities will support helicopter blades market growth.
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The prominent players in helicopter blades market includes Airbus S.A.S., Boeing, Robin Helicopter Company, Bell Helicopter Textron, Inc., Lockheed martin Corporation, and Ericson. The other plyers in market includes Hindustan Aeronautics Limited, Carson Helicopters, Inc., Van Horn Aviation, LLC, Kaman Corporation, Ducommun Incorporated, and Eagle Aviation technologies.
North America will showcase significant growth in helicopter blades market owing to presence of several prominent helicopter manufacturer in region. The rowing helicopter demand from high net wealth individuals are boosting the product penetration. For instance, in March 2019, Airbus Helicopters announced that company delivered 57 rotorcrafts in 2018 and observed increase in helicopter booking from private and corporate customers. Additionally, opening of new production facilities in region will further support the business growth.
Some Point from Table of Contents:
Chapter 5. Helicopter Blades Market, By Blade Location
5.1. Global helicopter blades industry share by blade location, 2018 & 2025
5.1.1. Main Rotor Blade
220.127.116.11. Market estimates and forecast, 2013-2025
18.104.22.168. Market estimates and forecast, by region, 2013-2025
5.1.2. Tail Rotor Blade
22.214.171.124. Market estimates and forecast, 2013-2025
126.96.36.199. Market estimates and forecast, by region, 2013-2025
Chapter 6. Helicopter Blades Market, By Material
6.1. Global helicopter blades industry share by material, 2018 & 2025
6.1.1. Carbon fiber reinforced plastic (CFRP)
188.8.131.52. Market estimates and forecast, 2013-2025
184.108.40.206. Market estimates and forecast, by region, 2013-2025
6.1.2. Glass fiber reinforced plastics (GFRP)
220.127.116.11. Market estimates and forecast, 2013-2025
18.104.22.168. Market estimates and forecast, by region, 2013-2025
22.214.171.124. Market estimates and forecast, 2013-2025
126.96.36.199. Market estimates and forecast, by region, 2013-2025
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