Helicopter Blades Market Growing at 5% to 2020
Analysts forecast global helicopter blades market to grow at CAGR (compound annual growth rate) of 5% in 2016-2020. Key players are Advanced Technologies, Carson, Erickson, GKN Aerospace and Kaman
ReportsnReports, November 03, 2016 - India - The global helicopter blades market analyst says one trend gaining traction in this market is the emergence of electrical tail rotor.
The trend of the increased use of electrical systems in fixed-wing aircraft is influencing their use in rotor aircraft.
Their installation increases the overall system efficiency, reduces fuel burns, and results in lower maintenance costs. In addition, they help in reducing the noise. Currently, most of the helicopter tail rotors are mechanically driven by the main turbine through a mechanical shaft and gears that result in high fuel consumption, noise, and low efficiency.
Complete report on helicopter blades market spread across 65 pages, analyzing 5 major companies and providing 34 data exhibits now available here.
The analysts forecast global helicopter blades market to grow at a CAGR of 5% during the period 2016-2020.
According to the helicopter blades market report, Development of swashplateless helicopter blade pitch control systems will drive the market of global helicopter blades. The blade pitch control systems of helicopters form a complex arrangement. They involve transmission control units in the non-rotating frame to the blades in a rotating frame through swashplates. This arrangement results in a high maintenance workload and a downward force drag. Helicopters, in comparison to fixed-wing aircraft, experience excessive vibration, which results in structural fatigue and low system reliability. Due to the mechanical coupling between swashplate pitch links, complex pitch controls cannot be applied, which in turn, lowers the performance of a helicopter, affecting passenger comfort and necessitating an effectual control mechanism.
The Americas account for the largest region in the helicopter blades market and will continue its dominance over the predicted period. Much of the region's growth comes from the growing demand for helicopters, where the manufacturers are focusing on developing lightweight and highly efficient aerodynamic control surfaces that will have a vital role in operations. With the growing procurement of civilian turbine-powered helicopters, the region will witness significant growth in the helicopter blades market in the coming years.
Characterized by extreme competition, vendors in the global helicopter blades market compete in terms of cost, product quality, reliability, and aftermarket services. Most of these players focus on improving their in-house manufacturing capabilities, product offerings, global footprint network, and R&D investments to gain a competitive edge over their peers. These vendors are constantly investing in newer technologies to maintain a strong client base. Advanced Technologies and Erickson are the two leading suppliers in this market, who contend on the basis of price, quality, availability of, and technology. These major players primarily concentrate on the implementation of lightweight materials and robust systems. The helicopter blades market will witness increased instances of mergers, acquisitions, and increased collaborations across the globe during the forecast period.
The following companies are the key players in the global helicopter blades market: Advanced Technologies, Carson Helicopters, Erickson, GKN Aerospace, and Kaman.
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