Helicopter Blades Market Analysis, Trends and Forecast, 2018-2024

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Helicopter Blades Market Trends 2018 Forecast
to 2024
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Key Insights from Helicopter Blades Market

• Helicopter Blades Market size is expected to
  witness healthy CAGR to 2024on account of
  increasing aircraft deliveries across the globe
  owing to an upsurge in air passenger traffic
  coupled with higher demand for military
  helicopters. The replacement of blades for the
  aging fleet along with stringent government
  regulations for compliance with airworthiness
  standards is supporting the industry expansion
  till 2024.
• Advancements in technology including 3D printing
  and rapid prototyping are playing a major role in
  reducing the complexities related to the aircraft
  designing and contributing toward lowering the
  overall aircraft costs. Manufacturers are engaged
  in testing multiple materials including carbon
  fiber reinforced plastic for inducing high
  strength, flexibility, stiffness, and rigidity,
  further reducing fatigue on the blades and
  improving the life cycle significantly.
• An upsurge in defense military budget along
  with the rising demand for innovative and
  lightweight helicopters will further increase the
  helicopter blades market growth over the study
  timeframe.

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Continued...

• The proliferating usage of helicopters in the
  tourism sector is boosting the helicopter blades
  marketplace over the forecast period. The rising
  disposable income along with the proliferating
  tourism sector offering helicopter rides across
  major tourist locations is further supporting the
  industry proliferation till 2024.
• Based on application, the helicopter blades
  marketplace is categorized into military and
  commercial. Increasing usage of helicopters by
  the defense and military owing to diversified
  applications offered by these aircraft including
  vertical landing take-off operations along with
  lateral movement is boosting the market share
  over the study timeframe.
• The helicopter blades marketplace based on
  location is segmented into main rotor and tail
  rotor. The blades will grow significantly owing
  to the increasing helicopter production across
  the globe. The incorporation of lightweight and
  rigid technologies into these blades for proper
  balancing of the helicopters along with varying
  sizes depending on the helicopter is further
  augmenting the industry growth till 2024.

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Major Companies in Helicopter Blades Market

• Airbus S.A.S.
• Boeing
• Robinson Helicopter Company
• Lockheed Martin Corporation
• Bell Helicopter Textron, Inc.
• Hindustan Aeronautics Limited
• Carson Helicopters, Inc

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Regional Insights in Helicopter Blades Market

• North America will contribute significantly
  toward the helicopter blades marketplace owing to
  the presence of multiple industry participants
  focusing on RD to develop innovative lightweight
  helicopter blades for increasing flight
  efficiency and improving the performance
  considerably. Further, the usage of helicopters
  in commercial services including tourism along
  with other sectors is further augmenting the
  regional growth till 2024.

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