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Helicopter Blades Market Share
Helicopter blades market players consist of Airbus :
The indusrey manufacturers are expanding their production facilities to capture growing product demand. For instance, in December 2017, Airbus S.A.S. opened its new helicopter blades production facility in Paris. The production facility is expected to produce more than 4,000 blades every year.
Manufacturers of helicopter components are aiming to incorporate lighter materials to improve overall efficiency and minimize carbon emissions.
Prominent market players consist of Airbus S.A.S., Van Horn Aviation, LLC, Bell Helicopter Textron, Boeing, Lockheed Martin Corporation, and Hindustan Aeronautics Limited.
According to this research report by GMI, the APAC market is witnessing high traction on account of increased use of helicopters in rescue operations.
The industry share of helicopter blades is estimated to exhibit over 3% CAGR from 2019 to 2025.
The market size of helicopter blades was hit USD 545 million in 2018.
North American industry will witness significant growth through 2025 owing to presence of prominent manufactures across the region.