PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258055
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258055
Global Helicopter Engines Market Size study & Forecast, by Sale by Type, by Application, by Number of Engines, and Regional Analysis, 2022-2029
Global Helicopter Engines Market is valued at approximately USD 21.58 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.10% over the forecast period 2022-2029. The reciprocating engine and the turbine engine are the two most popular types of engines used in helicopters. Smaller helicopters often employ reciprocating engines, sometimes known as piston engines. Reciprocal engines are typically used in instructional helicopters because they are straightforward and affordable to run. The rising replacement of aging ageing military helicopter , increasing demand of for lightweight helicopters, and growing replacement of outdated helicopter systems and components, as well as capacity development initiatives in countries are fostering the market demand across the globe.
The rising demand for helicopters for various military and commercial applications is acting as a key driving factor for the market growth. The Stockholm International Peace Research Center reported that a surge in military spending in Asia is likely to boost global spending over USD 2 trillion for the first time in 2021. The main forces behind development in Asia and Oceania were China, which spent an estimated USD 293 billion, and India, which invested USD 76.6 billion. Thus, these aforementioned factors are fueling the market demand. The replacement of outdated helicopter systems and components, as well as capacity development initiatives in countries, are expected to drive market growth for military helicopters. A greater portion of the helicopter replacements and capability upgrades are anticipated to come from the production of the next-generation compound and tilt helicopters. Urban Air Mobility (UAM) is a proposal for inter- and intra-city mobility that makes advantage of the vertical takeoff and landing capabilities of helicopters, as well as impending electric-hybrid engine technologies. Electric helicopters sometimes referred to as e-VTOL aircraft (electric vertical takeoff and landing) aircraft, may take off and land at vertiports designed for urban transportation in cities. The growing cost of fuel is a difficulty for the helicopter sector since it discourages investment. Customers often hesitate to make a purchase because they do not want to spend too much on the operations after making a significant investment in the helicopter. However, the delivery backlogs by major OEMs and rising cost of gasoline restrains market expansion over the projection period of 2022-2029.Furthermore, the increasing commercialization of UAM and eVTOL as well as rising scope for helicopter aftermarket are creating various opportunities for the market over the forecasting period.
The key regions considered for the Global Helicopter Engines Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, The US military is able to purchase modern helicopters because of the enormous military funds of the country. This may also influence the manufacturers of new helicopter engines used in these aircraft. The Asia Pacific is the fastest-growing region. Chinook and Apache helicopter deployments are now going to India. In addition to purchasing new helicopters from several international OEMs, China is also purchasing helicopters that are made domestically. In the future, Australia is anticipated to purchase helicopters for use in both law enforcement and commercial applications. During the projection period, all these elements are anticipated to accelerate the expansion of the market that has been researched in the area.
Major market players included in this report are:
- Safran SA
- United Technologies Corporation
- General Electric Company
- Rolls-Royce Holding PLC
- Honeywell International Inc.
- Hindustan Aeronautics Limited
- Turkish Aerospace Industries
- Aircraft Specialties Services
- Mitsubishi Heavy Industries, Ltd.
- ULPower Aero Engines
Recent Developments in the Market:
- In March 2021, A four-year, USD 476 million IDIQ contract for new products and spare T55-GA-714A engines, which power the CH-47 Chinook helicopters used by the US Army, was given to Honeywell.
- In August 2020, The Improved Engine Turbine Program (ITEP) programme, a future helicopter engine developed by the US Army, its design approved. By the end of 2021, the programme will have the first engine ready for testing.
Global Helicopter Engines Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Sale, Type, Application, Number of Engines, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Sale:
- OEM
- Aftermarket
By Type:
- Piston Engine
- Gas Turbine Engine
- Stamping Engine
By Application:
- Military
- Civil and commercial
- Others
By Number of Engines:
- Twin engines
- Single engines
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Helicopter Engines Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Helicopter Engines Market, by Sale, 2019-2029 (USD Billion)
- 1.2.3. Helicopter Engines Market, by Type, 2019-2029 (USD Billion)
- 1.2.4. Helicopter Engines Market, by Application, 2019-2029 (USD Billion)
- 1.2.5. Helicopter Engines Market, by Number of Engines, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Helicopter Engines Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Helicopter Engines Market Dynamics
- 3.1. Helicopter Engines Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand for helicopters for various military and commercial applications
- 3.1.1.2. Increasing demand for lightweight helicopter
- 3.1.2. Market Challenges
- 3.1.2.1. Delivery backlogs by major OEMs
- 3.1.3. Market Opportunities
- 3.1.3.1. Commercialization of UAM and eVTOL
- 3.1.3.2. Scope for helicopter aftermarket
- 3.1.1. Market Drivers
Chapter 4. Global Helicopter Engines Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Helicopter Engines Market, by Sale
- 6.1. Market Snapshot
- 6.2. Global Helicopter Engines Market by Sale, Performance - Potential Analysis
- 6.3. Global Helicopter Engines Market Estimates & Forecasts by Sale 2019-2029 (USD Billion)
- 6.4. Helicopter Engines Market, Sub Segment Analysis
- 6.4.1. OEM
- 6.4.2. Aftermarket
Chapter 7. Global Helicopter Engines Market, by Type
- 7.1. Market Snapshot
- 7.2. Global Helicopter Engines Market by Type, Performance - Potential Analysis
- 7.3. Global Helicopter Engines Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 7.4. Helicopter Engines Market, Sub Segment Analysis
- 7.4.1. Piston engines
- 7.4.2. Gas turbine engines
- 7.4.3. Stamping engines
Chapter 8. Global Helicopter Engines Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Helicopter Engines Market by Application, Performance - Potential Analysis
- 8.3. Global Helicopter Engines Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 8.4. Helicopter Engines Market, Sub Segment Analysis
- 8.4.1. Military
- 8.4.2. Civil and commercial
- 8.4.3. Others
Chapter 9. Global Helicopter Engines Market, by Number of Engines
- 9.1. Market Snapshot
- 9.2. Global Helicopter Engines Market by Number of Engines, Performance - Potential Analysis
- 9.3. Global Helicopter Engines Market Estimates & Forecasts by Number of Engines 2019-2029 (USD Billion)
- 9.4. Helicopter Engines Market, Sub Segment Analysis
- 9.4.1. Twin engines
- 9.4.2. Single engines
Chapter 10. Global Helicopter Engines Market, Regional Analysis
- 10.1. Helicopter Engines Market, Regional Market Snapshot
- 10.2. North America Helicopter Engines Market
- 10.2.1. U.S. Helicopter Engines Market
- 10.2.1.1. Sale breakdown estimates & forecasts, 2019-2029
- 10.2.1.2. Type breakdown estimates & forecasts, 2019-2029
- 10.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 10.2.1.4. Number of Engines breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Helicopter Engines Market
- 10.2.1. U.S. Helicopter Engines Market
- 10.3. Europe Helicopter Engines Market Snapshot
- 10.3.1. U.K. Helicopter Engines Market
- 10.3.2. Germany Helicopter Engines Market
- 10.3.3. France Helicopter Engines Market
- 10.3.4. Spain Helicopter Engines Market
- 10.3.5. Italy Helicopter Engines Market
- 10.3.6. Rest of Europe Helicopter Engines Market
- 10.4. Asia-Pacific Helicopter Engines Market Snapshot
- 10.4.1. China Helicopter Engines Market
- 10.4.2. India Helicopter Engines Market
- 10.4.3. Japan Helicopter Engines Market
- 10.4.4. Australia Helicopter Engines Market
- 10.4.5. South Korea Helicopter Engines Market
- 10.4.6. Rest of Asia Pacific Helicopter Engines Market
- 10.5. Latin America Helicopter Engines Market Snapshot
- 10.5.1. Brazil Helicopter Engines Market
- 10.5.2. Mexico Helicopter Engines Market
- 10.6. Rest of The World Helicopter Engines Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Safran SA
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. United Technologies Corporation
- 11.2.3. General Electric Company
- 11.2.4. Rolls-Royce Holding PLC
- 11.2.5. Honeywell International Inc.
- 11.2.6. Hindustan Aeronautics Limited
- 11.2.7. Turkish Aerospace Industries
- 11.2.8. Aircraft Specialties Services
- 11.2.9. Mitsubishi Heavy Industries, Ltd.
- 11.2.10. ULPower Aero Engines
- 11.2.1. Safran SA
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Helicopter Engines Market, report scope
- TABLE 2. Global Helicopter Engines Market estimates & forecasts by Region 2019-2029 (USD Billion)
- TABLE 3. Global Helicopter Engines Market estimates & forecasts by Sale 2019-2029 (USD Billion)
- TABLE 4. Global Helicopter Engines Market estimates & forecasts by Type 2019-2029 (USD Billion)
- TABLE 5. Global Helicopter Engines Market estimates & forecasts by Application 2019-2029 (USD Billion)
- TABLE 6. Global Helicopter Engines Market estimates & forecasts by Number of Engines 2019-2029 (USD Billion)
- TABLE 7. Global Helicopter Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 8. Global Helicopter Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 9. Global Helicopter Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 10. Global Helicopter Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 11. Global Helicopter Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 12. Global Helicopter Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 13. Global Helicopter Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 14. Global Helicopter Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 15. Global Helicopter Engines Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 16. Global Helicopter Engines Market by region, estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 17. U.S. Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 18. U.S. Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 19. U.S. Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 20. Canada Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 21. Canada Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 22. Canada Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 23. UK Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 24. UK Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 25. UK Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 26. Germany Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 27. Germany Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 28. Germany Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 29. France Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 30. France Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 31. France Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 32. Italy Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 33. Italy Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 34. Italy Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 35. Spain Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 36. Spain Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 37. Spain Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 38. RoE Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 39. RoE Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 40. RoE Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 41. China Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 42. China Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 43. China Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 44. India Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 45. India Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 46. India Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 47. Japan Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 48. Japan Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 49. Japan Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 50. South Korea Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 51. South Korea Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 52. South Korea Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 53. Australia Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 54. Australia Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 55. Australia Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 56. RoAPAC Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 57. RoAPAC Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 58. RoAPAC Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 59. Brazil Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 60. Brazil Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 61. Brazil Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 62. Mexico Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 63. Mexico Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 64. Mexico Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 65. RoLA Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 66. RoLA Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 67. RoLA Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 68. Row Helicopter Engines Market estimates & forecasts, 2019-2029 (USD Billion)
- TABLE 69. Row Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 70. Row Helicopter Engines Market estimates & forecasts by segment 2019-2029 (USD Billion)
- TABLE 71. List of secondary sources, used in the study of global Helicopter Engines Market
- TABLE 72. List of primary sources, used in the study of global Helicopter Engines Market
- TABLE 73. Years considered for the study
- TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
List of figures
- FIG 1. Global Helicopter Engines Market, research methodology
- FIG 2. Global Helicopter Engines Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Helicopter Engines Market, key trends 2021
- FIG 5. Global Helicopter Engines Market, growth prospects 2022-2029
- FIG 6. Global Helicopter Engines Market, porters 5 force model
- FIG 7. Global Helicopter Engines Market, pest analysis
- FIG 8. Global Helicopter Engines Market, value chain analysis
- FIG 9. Global Helicopter Engines Market by segment, 2019 & 2029 (USD Billion)
- FIG 10. Global Helicopter Engines Market by segment, 2019 & 2029 (USD Billion)
- FIG 11. Global Helicopter Engines Market by segment, 2019 & 2029 (USD Billion)
- FIG 12. Global Helicopter Engines Market by segment, 2019 & 2029 (USD Billion)
- FIG 13. Global Helicopter Engines Market by segment, 2019 & 2029 (USD Billion)
- FIG 14. Global Helicopter Engines Market, regional snapshot 2019 & 2029
- FIG 15. North America Helicopter Engines Market 2019 & 2029 (USD Billion)
- FIG 16. Europe Helicopter Engines Market 2019 & 2029 (USD Billion)
- FIG 17. Asia pacific Helicopter Engines Market 2019 & 2029 (USD Billion)
- FIG 18. Latin America Helicopter Engines Market 2019 & 2029 (USD Billion)
- FIG 19. Global Helicopter Engines Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
