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The civil helicopter MRO market size is estimated to grow at a CAGR of 6.75% between 2023 and 2028. The market size is forecast to increase by USD 1.36 billion. The growth of the market depends on several factors such as the increasing commercial use of helicopters, the increasing outsourcing of MRO, and the focus on safety and airworthiness in the aviation industry, including the civil helicopter sector.
The report includes a comprehensive outlook on the Civil Helicopter MRO Market, offering forecasts for the industry segmented by End-user, which comprises commercial and private. Additionally, it categorizes Type into airframe heavy maintenance, engine maintenance, and component maintenance, and covers Geography regions, including North America, Europe, APAC, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
Civil Helicopter MRO Market Forecast 2024-2028
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The commercial use of helicopters as a transportation method has been steadily increasing in recent years, leading to significant growth in the global civil helicopter maintenance, repair, and overhaul market. This trend can be attributed to several key factors such as urban air mobility (UAM), offshore oil and gas industry, emergency medical services (EMS), tourism and VIP transportation, law enforcement and surveillance
Moreover, the civil helicopter maintenance, repair, and overhaul (MRO) market has seen large investments in infrastructure, technology, and labor to meet the growing demand for helicopters for commercial use. Maintenance and repair facilities have been expanded, and advanced technologies such as predictive maintenance and remote monitoring have been implemented to improve operational efficiency, which will drive the growth of the market during the forecast period.
Modern helicopter systems are becoming more complicated, which is one major factor fueling the increased demand for digital MRO solutions. Helicopters are outfitted with sophisticated electrical systems, composite materials, and cutting-edge avionics, all of which require advanced diagnostic equipment and specialized skills to maintain and repair. In addition, large-scale data collection and analysis from helicopter systems is now feasible due to the development of big data analytics and Internet of Things (IoT) technologies. By using this data, maintenance schedules may be optimized, aircraft reliability can be increased, and predictive maintenance models can be created.
In addition, the civil helicopter maintenance, repair, and overhaul market has been emphasizing the improvement of operational effectiveness and the decrease of maintenance expenses. Furthermore, the growing demand for digital MRO solutions is driven by the increasing complexity of modern helicopter systems, advancements in data analytics and IoT technology, and the need to reduce maintenance costs and enhance operational efficiency, which, in turn, will drive the growth of the global civil helicopter MRO market during the forecast period.
Maintaining and repairing helicopters requires specific knowledge and skills due to their complicated nature. Helicopter parts frequently have lengthy lead periods and can be costly. In addition, as the fleet of civil helicopters ages, more regular maintenance and repairs are usually necessary. Besides, operators of civil helicopters are required to adhere to a number of airworthiness directives and maintenance standards, and the sector is subject to strict safety laws.
Furthermore, specialized tools and equipment are needed for maintaining and repairing helicopters. These instruments can be expensive to purchase, calibrate, and maintain, especially if they are uncommon or infrequently used. Moreover, helicopters are out of commission for maintenance, which costs operators money. Thus, the high cost of helicopter maintenance may impede the growth of the market during the forecast period.
The commercial segment will account for a major share of the market's growth during the forecast period.? The maintenance, repair, and overhaul operations performed on helicopters utilized for commercial purposes are referred to as the commercial segment of the global civil helicopter MRO (Maintenance, Repair, and Overhaul) market. For commercial helicopters, maintenance, repair, and overhaul (MRO) services cover a broad spectrum of tasks, including airframe modifications, significant system overhauls, scheduled maintenance, and avionics updates.
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The commercial segment was valued at USD 2.22 billion in 2018. Commercial helicopter operators also strive to minimize fleet availability and downtime because unscheduled maintenance can result in large financial losses. In the next five years, a notable expansion is anticipated in the global civil helicopter MRO market. Therefore, the safety regulations, fleet availability requirements, and the expansion of commercial helicopter operations worldwide will drive the growth of the commercial segment in the global Civil Helicopter MRO Market during the forecast period.
Based on type, the market has been segmented into airframe heavy maintenance, engine maintenance, and component maintenance. The airframe heavy maintenance segment will account for the largest share of this segment.?The servicing and maintenance operations pertaining to helicopter airframes are referred to as airframe heavy maintenance in the global civil helicopter MRO market. Comprehensive maintenance tasks such as significant repairs, overhauls, and structural alterations, are included in this part. Furthermore, a number of factors, including the aging of helicopter fleets, strict regulations, the need for higher safety standards, and the goal of maximizing operational efficiency and lowering maintenance costs, are driving the demand for airframe heavy maintenance in the civil helicopter maintenance, repair, and overhaul market during the forecast period.
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North America is estimated to contribute 33% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The need for maintenance, repair, and overhaul services for civil helicopters in the region is known as the civil helicopter maintenance, repair, and overhaul (MRO) market in North America. It entails tasks such as regular inspections, system updates, component repairs, and other essential services to guarantee the security and effectiveness of civil helicopter operations.
North American region is an important civil helicopter maintenance, repair, and overhaul market because it contains a sizable fleet of civil helicopters and a highly established aviation sector. The age of the current helicopter fleet, strict safety regulations, the need for routine maintenance and inspections, and the rising demand for dependable and efficient helicopter operations across a range of industries, including law enforcement, oil and gas, tourism, emergency medical services, and emergency medical services, are some of the factors driving the civil helicopter maintenance, repair, and overhaul (MRO) market in North America. Hence, such factors are expected to drive market growth in this region during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
AMETEK Inc., CHC Group LLC, De Havilland Aircraft Co., General Electric Co., Gulf Air, Honeywell International Inc., Hydraulics International Inc., Leonardo Spa, MTU Aero Engines AG, Patria Group, Raytheon Technologies Corp., Robinson Helicopter Co. Inc., Rolls Royce Holdings Plc, Rostec, RUAG International Holding Ltd., Safran SA, Textron Inc., The Carlyle Group Inc., and Trans-west Helicopters
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The civil helicopter MRO market report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2018 to 2028.
Civil Helicopter MRO Market Scope |
|
Report Coverage |
Details |
Page number |
167 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.75% |
Market Growth 2024-2028 |
USD 1.36 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.34 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 33% |
Key countries |
US, China, Japan, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Airbus SE, AMETEK Inc., CHC Group LLC, De Havilland Aircraft Co., General Electric Co., Gulf Air, Honeywell International Inc., Hydraulics International Inc., Leonardo Spa, MTU Aero Engines AG, Patria Group, Raytheon Technologies Corp., Robinson Helicopter Co. Inc., Rolls Royce Holdings Plc, Rostec, RUAG International Holding Ltd., Safran SA, Textron Inc., The Carlyle Group Inc., and Trans-west Helicopters |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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