SELBYVILLE, Del., May 27, 2019 /PRNewswire/ -- The helicopter
blades market is anticipated to hike from USD $545 million in 2018 to around USD $685 million by 2025, according to a 2019 Global
Market Insights, Inc. report. The rising helicopter demand
from the transportation and tourism industry will drive the market
size over the forecast period.
Increasing rotorcraft demand for operation in remote areas will
escalate the helicopter blades market share. Rotorcrafts have the
ability to travel laterally and backward, along with vertical
landing and takeoff operation. Rising offshore crude oil
exploration projects will increase the helicopter demand,
thereby driving the industry size.
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Ongoing advancements in fabrication technology, including 3D
printing and rapid prototyping to reduce the overall manufacturing
cost, will support the helicopter blades market growth. The
advantages offered by this technology, including rapid prototyping
and additive manufacturing techniques, further accentuates the
market demand. Most manufacturers are also opting for lower weight
materials, including composites and aluminum, for enhancing blade
durability.
The military segment will showcase significant growth in the
helicopter blades market share over the projected timeframe. This
can be attributed to the rising military budget globally. Major
economies are increasing their military spending every year to
procure advanced new aircraft and helicopters for enhancing their
national combat forces.
The main rotor blade will account for a significant revenue
share in the helicopter blades market. This can be credited to the
requirement of these blades lifting and balancing the entire weight
of the helicopter. The usage of ultrasonic profiling for producing
sectioned and shaped blades with a focus on improving
aerodynamics and flight performance further accentuates the segment
share. The advent of five-blade rotor systems for
helicopters with a focus on improving helicopter vibrations
and harshness, along with improving overall flight performance, are
expected to further boost the market size.
Browse key industry insights spread across 300 pages with 613
market data tables and 11 figures and charts from the report,
"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), Others), 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" in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/helicopter-blades-market
Carbon fiber reinforced plastic will account for a considerable
volume share in the helicopter blades market. This can be
attributed to the benefits offered by the material, including
higher stiffness, lower weight and superior strength to weight
ratio. Industry players are continuously adopting the material
across their products to minimize the cost and improve their
operational margins.
OEMs accounted for the majority share in the helicopter blades
industry size. This can be credited to the increasing helicopter
production globally. Industry participants are continuously engaged
in long-term agreements and partnerships with manufacturers for
maintaining a continuous supply of blades for catering to the
rising helicopter demand.
A few of the major helicopter blades market participants include
Airbus S.A.S., Van Horn Aviation, LLC, Bell Helicopter Textron,
Boeing, Lockheed Martin Corporation, and Hindustan Aeronautics
Limited. Industry players are continuously investing in R&D for
developing advanced blades for improving their market share.
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Related Images
helicopter-blades-market-size-to.jpg
Helicopter Blades Market Size to exceed $685mn by 2025
Main rotor blade will account for a significant revenue share in
the helicopter blades market. This can be credited to the
requirement for these blades for lifting and balancing the entire
weight of the helicopter.
Related Links
Helicopter Blades Market Size
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SOURCE Global Market Insights, Inc.