Helicopter Engines Market by End-user and Geography - Forecast and Analysis 2022-2026

Published: Jan 2022 Pages: 120 SKU: IRTNTR72046

The helicopter engines market share is expected to increase by USD 2.80 billion from 2021 to 2026, at a CAGR of 3.59%.

This helicopter engines market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers helicopter engines market segmentation by end-user (military and commercial) and geography (North America, Europe, APAC, South America, and MEA). The helicopter engines market report also offers information on several market vendors, including General Electric Co., Hindustan Aeronautics Ltd., Honeywell International Inc., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Raytheon Technologies Corp., Rolls-Royce Plc, Rostec State Corp., Safran SA, and Turkish Aerospace Industries Inc. among others.

What will the Helicopter Engines Market Size be During the Forecast Period?

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Helicopter Engines Market: Key Drivers, Trends, and Challenges

The increase in adoption of helicopters in multiple applications is notably driving the helicopter engines market growth, although factors such as barriers in adoption of new technology and equipment may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the helicopter engines industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Helicopter Engines Market Driver

The increase in the adoption of helicopters in multiple applications is one of the key drivers supporting the helicopter engines market growth. Helicopters are cost-effective compared with fixed-wing aircraft due to low purchase and operating costs. They have the ability to lift and hover over heavy loads makes them ideal for placing or removing large objects from inaccessible locations. Furthermore, police departments and other law enforcement agencies use helicopters to search for and pursue suspects. They can provide an aerial view for the police forces on the ground to report suspects' locations and movements. Advancements in helicopter technology, coupled with efficient and safe operations, have increased the demand for helicopters for various applications. Thus, such factors will propel the market growth during the forecast period.

Key Helicopter Engines Market Trend

New technologies gaining ground is another factor supporting the helicopter engines market growth. Augmented and virtual reality uses hardware, such as glasses or smartphones, to extend human visualization and can be used for various purposes, such as operations, maintenance, and training. Meanwhile, a digital twin is a dynamic digital model of an industrial process or asset to simulate an integrated outlook of any project at any point in the product's life. This allows for monitoring and failure prediction. Big data analytics allows a vast amount of information on machines, parts, customers, competition, and transactions, to be gathered for numerous purposes, including pricing. Such factors are expected to drive market growth during the forecast period.

Key Helicopter Engines Market Challenge

Barriers in the adoption of new technology and equipment is hindering the helicopter engines market growth. Vendors offering products integrated with advanced helicopter engines are required to adhere to the stringent regulatory norms that are formulated by government agencies and aviation authorities. Military forces often face difficulties while adopting new technologies as they soon become obsolete. The advancement rate is high in missile technology, rocket-propelled grenades, and other systems that are installed in military helicopters. Adopting each new technology is impossible as it would result in the downtime of crafts. Also, technologically advanced equipment also goes through rigorous testing and evaluation processes before certification. Such strict regulations may result in hampering the market growth during the forecast period.

This helicopter engines market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the helicopter engines market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the helicopter engines market during the forecast period.

Who are the Major Helicopter Engines Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • General Electric Co.
  • Hindustan Aeronautics Ltd.
  • Honeywell International Inc.
  • Kawasaki Heavy Industries Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • Raytheon Technologies Corp.
  • Rolls-Royce Plc
  • Rostec State Corp.
  • Safran SA
  • Turkish Aerospace Industries Inc.

 

This statistical study of the helicopter engines market encompasses successful business strategies deployed by the key vendors. The helicopter engines market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • General Electric Co. - The company offers a wide range of helicopter engines such as CT7-2E1 and T700

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The helicopter engines market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Helicopter Engines Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the helicopter engines market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the aerospace and defense market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Marketing and sales
  • Aftermarket and service
  • Industry innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Helicopter Engines Market?

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45% of the market's growth will originate from North America during the forecast period. The US is the key market for helicopter engines market in North America. Market growth in this region will be faster than the growth of the market in South America and Europe.

The increase in the adoption of rotorcraft for different applications will facilitate the helicopter engines market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic in 2020 had an adverse impact on several countries in the region. Countries such as the US, Canada, and Mexico, were severely affected by the pandemic. In 2020, several countries imposed lockdowns and halted the operations of helicopter engine manufacturing facilities for a few months to contain the spread of COVID-19. However, in Q4 2020 and H1 2021, the manufacturing facilities resumed operations due to the large-scale COVID-19 vaccination programs in the region. Thus, the regional helicopter engines market is expected to grow during the forecast period.

What are the Revenue-generating End-user Segments in the Helicopter Engines Market?

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The helicopter engines market share growth by the military segment will be significant during the forecast period. Advancements in rotorcraft technology have increased their military applications, which involve critical missions. The applications of rotorcraft in the military include attack, maritime, reconnaissance, training, and transport. Moreover, rapidly changing security scenarios across borders, along with the increased government funding on the procurement of military equipment, have driven the procurement of rotorcraft.

This report provides an accurate prediction of the contribution of all the segments to the growth of the helicopter engines market size and actionable market insights on post COVID-19 impact on each segment.

 

Helicopter Engines Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 3.59%

Market growth 2022-2026

$ 2.80 billion

Market structure

Fragmented

YoY growth (%)

4.00

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 45%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

General Electric Co., Hindustan Aeronautics Ltd., Honeywell International Inc., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Raytheon Technologies Corp., Rolls-Royce Plc, Rostec State Corp., Safran SA, and Turkish Aerospace Industries Inc.

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 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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What are the Key Data Covered in this Helicopter Engines Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive helicopter engines market growth during the next five years
  • Precise estimation of the helicopter engines market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the helicopter engines industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of helicopter engines market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                         

               **1.1     Market Overview            

***2. Market Landscape             

                   **2.1 Market ecosystem         

                              *Exhibit 01  Parent market

                              *Exhibit 02:  Market characteristics

               **2.2 Value Chain Analysis          

                              *Exhibit 03:  Value Chain Analysis: Aerospace and defense

                              *2.2.1    Inputs

                              *2.2.2    Inbound logistics

                              *2.2.3    Operations

                              *2.2.4    Marketing and sales

                              *2.2.5    Aftermarket and service

                              *2.2.6    Industry innovation

***3. Market Sizing                      

               **3.1 Market definition

                              *Exhibit 04:  Offerings of vendors included in the market definition

               **3.2 Market segment analysis  

                              *Exhibit 05:  Market segments

               **3.3 Market size 2021 

               **3.4 Market outlook: Forecast for 2021 - 2026 

                              *3.4.1Estimating growth rates for emerging and high-growth markets

                              *3.4.2Estimating growth rates for mature markets

                              *Exhibit 06:  Global - Market size and forecast 2021 - 2026 ($ billion)

                              *Exhibit 07:  Global market: Year-over-year growth 20201 - 2026 (%)

***4. Five Forces Analysis                         

               **4.1 Five Forces Summary         

                              *Exhibit 08:  Five forces analysis 2021 & 2026

               **4.2 Bargaining power of buyers            

                              *Exhibit 09: Bargaining power of the buyer

               **4.3 Bargaining power of suppliers        

                              *Exhibit 10: Bargaining power of the supplier

               **4.4 Threat of new entrants     

                              *Exhibit 11: Threat of new entrants

               **4.5 Threat of substitutes          

                              *Exhibit 12: Threat of substitutes

               **4.6 Threat of rivalry   

                              *Exhibit 13: Threat of rivalry

               **4.7 Market condition 

                              *Exhibit 14: Market condition - Five forces 2021

***5. Market Segmentation by  End-user           

                 **5.1 Market segments             

                              *Exhibit 15:  End-user - Market share 2021-2026 (%)

               **5.2 Comparison by End-user   

                              *Exhibit 16:  Comparison by End-user

               **5.3 Military - Market size and forecast 2021-2026        

                              *Exhibit 17:  Military - Market size and forecast 2021-2026 ($ billion)

                              *Exhibit 18:  Military - Year-over-year growth 2021-2026 (%)

               **5.4 Commercial - Market size and forecast 2021-2026

                              *Exhibit 19:  Commercial - Market size and forecast 2021-2026 ($ billion)

                              *Exhibit 20:  Commercial - Year-over-year growth 2021-2026 (%)

               **5.5 Market opportunity by End user   

                              *Exhibit 21:  Market opportunity by End user

***6. Customer landscape                        

                              *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

               **6.1 Overview

                              *Exhibit 22:  Customer landscape

***7. Geographic Landscape                    

               **7.1 Geographic segmentation

                              *Exhibit 23:  Market share by geography 2021-2026 (%)

               **7.2 Geographic comparison    

                              *Exhibit 24:  Geographic comparison

               **7.3 North America - Market size and forecast 2021-2026          

                              *Exhibit 25:  North America - Market size and forecast 2021-2026 ($ billion)

                              *Exhibit 26:  North America - Year-over-year growth 2021-2026 (%)

               **7.4 Europe - Market size and forecast 2021-2026         

                              *Exhibit 27:  Europe - Market size and forecast 2021-2026 ($ billion)

                              *Exhibit 28:  Europe - Year-over-year growth 2021-2026 (%)

               **7.5 APAC - Market size and forecast 2021-2026             

                              *Exhibit 29:  APAC - Market size and forecast 2021-2026 ($ billion)

                              *Exhibit 30:  APAC - Year-over-year growth 2021-2026 (%)

               **7.6 South America - Market size and forecast 2021-2026          

                              *Exhibit 31:  South America - Market size and forecast 2021-2026 ($ billion)

                              *Exhibit 32:  South America - Year-over-year growth 2021-2026 (%)

               **7.7 MEA - Market size and forecast 2021-2026              

                              *Exhibit 33:  MEA - Market size and forecast 2021-2026 ($ billion)

                              *Exhibit 34:  MEA - Year-over-year growth 2021-2026 (%)

               **7.8 Key leading countries        

                              *Exhibit 35:  Key leading countries

               **7.9 Market opportunity by geography

                              *Exhibit 36  Market opportunity by geography ($ billion)

***8. Drivers, Challenges, and Trends                  

               **8.1 Market drivers      

                              *8.1.1    Increase in adoption of helicopters in multiple applications

                              *8.1.2    Strategic collaborations

                              *8.1.3    Increasing operations in commercial helicopter industry

               **8.2 Market challenges              

                              *8.2.1    Barriers in adoption of new technology and equipment

                              *8.2.2    High cost associated with helicopter engines

                              *8.2.3    Failure of helicopter engines during operation and delays

                              *Exhibit 37:  Impact of drivers and challenges

               **8.3 Market trends      

                              *8.3.1    New technologies gaining ground

                              *8.3.2    Investments in research and development of new engine models

                              *8.3.3    Introduction of 3D printing technology

***9. Vendor Landscape                            

               **9.1 Vendor landscape

                              *Exhibit 38:  Vendor landscape

               **9.2 Landscape disruption         

                              *Exhibit 39:  Landscape disruption

                              *Exhibit 40: Industry Risk

***10. Vendor Analysis               

               **10.1 Vendors covered              

                              *Exhibit 41: Vendors covered

               **10.2 Market positioning of vendors    

                              *Exhibit 42: ?Market positioning of vendors?

               **10.3 General Electric Co.         

                              *Exhibit 43:  General Electric Co. - Overview

                              *Exhibit 44:  General Electric Co. - Business segments

                              *Exhibit 45:  General Electric Co.-Key news

                              *Exhibit 46:  General Electric Co. - Key offerings

                              *Exhibit 47:  General Electric Co. - Segment focus

               **10.4 Hindustan Aeronautics Ltd.          

                              *Exhibit 48:  Hindustan Aeronautics Ltd.  - Overview

                              *Exhibit 49:  Hindustan Aeronautics Ltd.  - Product and service

                              *Exhibit 50:  Hindustan Aeronautics Ltd.  - Key offerings

               **10.5 Honeywell International Inc.       

                              *Exhibit 51:  Honeywell International Inc. - Overview

                              *Exhibit 52:  Honeywell International Inc. - Business segments

                              *Exhibit 53:  Honeywell International Inc.-Key news

                              *Exhibit 54:  Honeywell International Inc. - Key offerings

                              *Exhibit 55:  Honeywell International Inc. - Segment focus

               **10.6 Kawasaki Heavy Industries Ltd.   

                              *Exhibit 56:  Kawasaki Heavy Industries Ltd. - Overview

                              *Exhibit 57:  Kawasaki Heavy Industries Ltd. - Business segments

                              *Exhibit 58:  Kawasaki Heavy Industries Ltd. - Key offerings

                              *Exhibit 59:  Kawasaki Heavy Industries Ltd. - Segment focus

               **10.7 Mitsubishi Heavy Industries Ltd. 

                              *Exhibit 60:  Mitsubishi Heavy Industries Ltd. - Overview

                              *Exhibit 61:  Mitsubishi Heavy Industries Ltd. - Business segments

                              *Exhibit 62:  Mitsubishi Heavy Industries Ltd. - Key offerings

                              *Exhibit 63:  Mitsubishi Heavy Industries Ltd. - Segment focus

               **10.8 Raytheon Technologies Corp.      

                              *Exhibit 64:  Raytheon Technologies Corp. - Overview

                              *Exhibit 65:  Raytheon Technologies Corp. - Business segments

                              *Exhibit 66:  Raytheon Technologies Corp. - Key offerings

                              *Exhibit 67:  Raytheon Technologies Corp. - Segment focus

               **10.9 Rolls-Royce Plc   

                              *Exhibit 68:  Rolls-Royce Plc - Overview

                              *Exhibit 69:  Rolls-Royce Plc - Business segments

                              *Exhibit 70:  Rolls-Royce Plc-Key news

                              *Exhibit 71:  Rolls-Royce Plc - Key offerings

                              *Exhibit 72:  Rolls-Royce Plc - Segment focus

               **10.10 Rostec State Corp.         

                              *Exhibit 73:  Rostec State Corp. - Overview

                              *Exhibit 74:  Rostec State Corp. - Product and service

                              *Exhibit 75:  Rostec State Corp. - Key offerings

               **10.11 Safran SA           

                              *Exhibit 76:  Safran SA - Overview

                              *Exhibit 77:  Safran SA - Business segments

                              *Exhibit 78:  Safran SA - Key offerings

                              *Exhibit 79:  Safran SA - Segment focus

               **10.12 Turkish Aerospace Industries Inc.           

                              *Exhibit 80:  Turkish Aerospace Industries Inc. - Overview

                              *Exhibit 81:  Turkish Aerospace Industries Inc. - Product and service

                              *Exhibit 82:  Turkish Aerospace Industries Inc. - Key offerings

***11. Appendix                           

               **11.1 Scope of the report         

                              *11.1.1 ????Market definition

                              *11.1.2 ????Objectives

                              *11.1.3 ????Notes and caveats

               **11.2 Currency conversion rates for US$            

                              *Exhibit 83: ?Currency conversion rates for US$?

               **11.3 Research Methodology   

                              *Exhibit 84: ?Research Methodology

                              *Exhibit 85: ??Validation techniques employed for market sizing?

                              *Exhibit 86: ??Information sources

               **11.4 List of abbreviations        

                              *Exhibit 87: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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