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The global helicopter blades market is expected to grow in the forecast period of 2024-2032 at a CAGR of 4%.
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According to Stockholm International Peace Research Institute (SIPRI), world military spending rose to nearly USD 2 trillion in 2020. Although the gross domestic product of almost all countries shrank owing to the coronavirus pandemic, military expenditure witnessed a healthy increase. For instance, the military spending by the government of the United States and China surged considerably. This is increasing research and development (R&D) activities for the development of superior helicopter blades. Hence, the surge in the military budget by various governments is positively impacting the market growth.
As the ownership of helicopters is associated with strengthening the defence force of a country, their demand is increasingly growing, which is also propelling the market growth for helicopter blades. Moreover, strict regulations regarding mandatory testing and the quality of helicopter blades before use for commercial and military purposes are further augmenting the industry growth. In addition, the robust growth of the tourism sector is escalating the demand for helicopters to be used for air mobility. This is providing further impetus to the market growth.
Helicopter blades are rotor blades that generate aerodynamics to lift the weight of a helicopter. The blade is generally controlled by a swashplate, which is then connected to the helicopter flight controls. Helicopter blades pull against the torque of the main rotor to hold the helicopter straight.
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The major material types of helicopter blades are:
Based on blade location type, the market is divided into:
The market can be broadly categorised on the basis of its distribution channels into:
On the basis of applications, the market is segmented into:
The EMR report looks into the regional markets of helicopter blades like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The development of lightweight helicopters to improve efficiency and reduce carbon emissions using lightweight blades is propelling the market growth. Moreover, the integration of the latest technologies to develop more innovative and efficient helicopter blades by the major companies is anticipated to augment the industry growth. The use of technologies, such as additive manufacturing processes and 3D printing, is improving operational efficiency by developing rapid prototypes and minimising production time for helicopter blades. This is providing further impetus to the growth of the helicopter blades industry. In addition, innovations such as morphing rotor blades in the production of helicopter blades to suit different flight conditions are catalysing the market growth. As helicopters are extensively used in extreme weather conditions and during natural calamities, their blades are regularly replaced owing to potential strain and damage, which is also fuelling the market growth. Although the surge of the coronavirus pandemic has hindered the market growth owing to national lockdowns worldwide, the market is expected to recuperate due to the extensive use of helicopters for medical emergencies.
The report presents a detailed analysis of the following key players in the global helicopter blades market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Material Type |
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Breakup by Blade Location Type |
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Breakup by Distribution Channel |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global helicopter blades market is projected to grow at a CAGR of 4% between 2024 and 2032.
The market is being aided by increasing military expenditure and rising demand for helicopters for air mobility.
The key trends guiding the market growth include the rising demand for lightweight helicopters, the integration of technologies to enhance the operational efficiency of helicopter blades, and regular maintenance and replacement of helicopter blades.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major material types considered in the market report are carbon composites, hybrid composites, and fibre-reinforced resin (fiberglass).
The different blade location types considered in the market report are main rotor and tail rotor.
The significant distribution channels in the market are OEM and aftermarket.
The leading applications of helicopter blades are military and civil, among others
The major players in the market are Van Horn Aviation, LLC, Carson Helicopters, Inc, Kaman Corporation, and Erickson, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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