LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global helicopter blades market report for the period between 2016-2020. According to Technavio’s market research analysts, the global helicopter blades market is expected to grow at a CAGR of almost 5% during the forecast period.
Over the next five years, the market in APAC is expected to record the highest growth rate owing to the increasing demand for civil helicopters in the emergency medical services (EMS) segment and for off-shore services.
Competitive vendor landscape
According to the report, the global helicopter blades market is highly competitive, and vendors compete on the basis of cost, product quality, reliability, and aftermarket services. Most vendors focus on enhancing their in-house manufacturing capabilities, product offerings, global footprint network, and R&D investments to gain a competitive edge over their counterparts. Vendors also focus on newer technologies and maintaining a strong client base.
“Mergers, acquisitions, and increased collaboration with partners around the world will drive the market during the forecast period. Strategic partnerships between public and private organizations pave the way for deeper penetration in a particular regional market enabling convenient access to local customers,” says Avimanyu Basu, lead aerospace components analyst from Technavio. For instance, government organizations like the European Aviation Safety Agency (EASA) and FAA encourage the development of new technologies through financial and regulatory support. As a result, vendors invest in initiating R&D programs for new, cost-effective systems and deploying them in the product form swiftly often through government support.
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Technavio aerospace and defense research analysts identify the following key vendors:
Advanced Technologies specializes in design, analysis, fabrication, and development of precision-machined rotor systems and full- and sub-scale advanced composite rotor blades. It also provides research projects for GE Aircraft Engine Group, Augusta Aerospace, BAE Systems, Pratt & Whitney, the Defense Research Agency (UK), Texas A&M, Rolls Royce, and the University of Maryland.
The key customers of the company include Boeing, Bell Helicopter, Northrop Grumman, Sikorsky Aircraft, Lockheed Martin, and NASA. It develops and fabricates Bell 429 rotor blades and Erickson Air Crane’s S-64 composite main rotor blades. It also provides composite main-rotor blades for Carson Helicopter's S-61.
Carson Helicopters provides overhauling, repairing, and remanufacturing services for helicopters. It also offers construction, search and rescue, and development services. It holds 35 supplemental type certificates for improvements and modifications to rotor wing aircraft.
The company received an FAA certification in 2003 for the manufacturing of composite main rotor blades. It has manufactured more than 1,000 Carson main rotor blades that are used by commercial operators, governments, and Marine One.
Erickson manufactures, operates, and supports fleet of air cranes. The products are used in firefighting, hydro seeding, and overhaul repair applications. It serves customers in 21 countries that include commercial and governmental entities.
In 2013, the company began a composite main rotor blade development program in partnership with Helicopter Transport Services. The development program was designed for the development of single main rotor blade that could be installed in CH54A&B and the S64E&F aircraft models.
GKN Aerospace manufactures and supplies airframe and engine structures, associated components, and assemblies to the aircraft and engine prime contractors and various other tier one suppliers globally. The products manufactured by GKN Aerospace under helicopter blades include main rotor and tail rotor blade sheaths and edge blade tip and splice caps.
Its rotor blade configurations include integrated heater mats and bonded titanium leading edges. It also offers MRO services for aerostructures. The key customers in MRO services includes AgustaWestland, Alenia, Airbus, Lockheed Martin, Boeing, Bombardier, and Saab.
Kaman serves commercial and government sectors with various advanced technology products and systems. It also engages in designing and manufacturing of advanced technology products and systems. It has 240 distribution locations in the US and has 23 manufacturing facilities around the world. Key customers of the company include Sikorsky Aircraft, Bell Helicopter, Boeing, Airbus Helicopters, MD Helicopters, Northrup Grumman and Curtiss Wright.
The aerospace segment specializes in production and marketing of proprietary aircraft bearings and components; helicopter rotor blades; complex metallic and composite aerostructure; and super precision and miniature ball bearings.
All product names, brands and trademarks are the property of their respective owners.
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