Helicopter Blades Market Expected To Propel At 4.52% CAGR And Surpass The Value Of USD 1462.49 Million by 2032

Based on the predictions set by analysts, the global Helicopter Blades Market was worth USD 982.42 Million in 2023. The market is forecast to reach USD 1462.49 Million by 2032, growing at a compound annual growth rate (CAGR) of 4.52% during the forecast period 2024-2032. The prominent reason supporting the anticipated market growth throughout the forecast period is the rising helicopter sales due to mounting applications in emergency medical and military services. In EMS (emergency medical services), newly built helicopters equipped with advanced technologies such as increased comfort, ease of operations, effective connectivity, and improved payload capabilities are branching out its applications. Moreover, a hike in defense and military budgets at a global level is serving a positive viewpoint for market growth.

The latest helicopters can conduct a variety of operations such as VTOL and long-term hovering across the region, which is eventually supporting the global helicopter blade market expansion. Besides these, some other factors that are likely to drive the market are the material used in manufacturing/assembling such aircraft is ought to be lightweight to improve efficiency and trim down carbon emission levels.

The helicopter blades market report covers several leading contenders driving the global market. Some of the dominating companies are Van Horn Aviation LLC, Airbus S.A.S., Boeing, Bell Helicopter Textron, Hindustan Aeronautics Limited, and Lockheed Martin Corporation. The companies are improving their production efficiency to cope with the rising demand for helicopter blades. For instance, Airbus S.A.S. started its new helicopter blades manufacturing unit in Paris at the end of 2017. It is expected that over 4,000 helicopter blades are produced in the factory each year.

The industry manufacturers are aggressively focused on research & development for utilizing advanced manufacturing procedures to improve the product’s operational efficiency. The majority of the manufacturers are introducing 3D printing and other such renowned manufacturing technologies through which they can significantly enhance the production rate by slashing the production time. Thermwood Corporation, in February 2019, revealed that it would start using some specific types of 3D printing technologies such as LSAM (Large Scale Additive Manufacturing) for mass manufacturing helicopter blades.

Main Rotor Blade Segment Grabs The Significant Market Share By Volume

The global helicopter blades market report illustrates the analytical data related to the market by segmenting it on the basis of blade location, material, distribution channel, and region. By blade location, the market is bifurcated into the main rotor blade and tail rotor blade. Among the two, the main rotor blade segment holds the major market share in terms of volume. However, the latter is likely to showcase a considerable growth due to the increase in helicopter demand and production across the world. By material, the industry is categorized into CFRP (carbon fiber reinforced plastic) and GFRP (glass fiber reinforced plastic). Of these, CFRP shall be holding a major share of the market. Based on the distribution channel, the helicopter blade industry is divided into OEM and aftermarket.

The Asia Pacific And North American Region Are Expected To Upsurge Considerably In Helicopter Blades Market Throughout The Forecast Period

The Asia Pacific is set to grow remarkably in the helicopter blades market during the projected timeframe. This regional growth is linked to the uprising usage of helicopters in emergency rescue operations. Meanwhile, the market in the North American region is anticipated to propel significantly due to the establishment of leading manufacturers across the region.

Browse the full “Global Helicopter Blades Market Application (Civil and Military), Blade Location (Main rotor Blade and Tail Rotor Blade), Distribution Channel (Aftermarket and OEM), Material (Glass Fiber Reinforced Plastic and Carbon Fiber Reinforced Plastic) and Region– Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/helicopter-blades-market

The ZMR-published market research report segments the global helicopter blades market as follows:

By Blade Location:

• Tail Rotor Blade
• Main Rotor Blade

By Material:

• CFRP
• GFRP

By Distribution Channel:

• OEM
• Aftermarket

By Region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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