The Worldwide Helicopter Blades Industry is Expected to Reach $1.7 Billion by 2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 24, 2021--
The “Helicopter Blades - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Helicopter Blades estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 3% over the period 2020-2027.
Main Rotor, one of the segments analyzed in the report, is projected to record 3.2% CAGR and reach US$955.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Tail Rotor segment is readjusted to a revised 2.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $374.1 Million, While China is Forecast to Grow at 5.6% CAGR
The Helicopter Blades market in the U.S. is estimated at US$374.1 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$349.9 Million by the year 2027 trailing a CAGR of 5.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.
Select Competitors (Total 41 Featured):
- Carson Helicopters
- Erickson Incorporated
- GKN Aerospace
- Kaman Aerosystems
Key Topics Covered:
II. EXECUTIVE SUMMARY
- Influencer Market Insights
- World Market Trajectories
- Helicopter Blades: A Prelude
- Impact of Covid-19 and a Looming Global Recession
- Challenges Confronting the Helicopter Blades Industry
- Innovations & Advancements
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/207a1c
View source version on businesswire.com:https://www.businesswire.com/news/home/20211124005948/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: AEROSPACE MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 11/24/2021 07:07 AM/DISC: 11/24/2021 07:07 AM