Rotorcraft Blade System Market Scope
The rotorcraft blade system is the combination of several rotary wings and a control system that creates the aerodynamic lift force that supports the weight of the helicopter along with thrust that counteracts the drag created by forwarding flight. Every primary rotor is mounted vertical mast over the top of the rotorcraft as opposed to the tail rotor. The pitch of the blade is typically controlled by a swashplate connected ultimately to the rotorcraft flight controls which a pilot may use. Rotorcraft are generally powered by the engine, through the transmission, to the rotating mast. Primary rotor systems are classified according to how the main rotor blades are attached and how they move with respect to the main rotor hub. With the increasing use of rotorcrafts in the military as well as civil use, the demand for rotorcraft blade systems is also increasing.
Few of the market leaders have most of the market share in this industry. High capital expense is required to operate in this market along with high R&D costs. Catch-up growth is very important in this market by new entrants. There is an opportunity for the merger in this market so as to combine financial prowess to better serve customers and focus on R&D. In this market IPRs can be major barriers to entry. Also, the availability of expert employees is also a concern.
Boeing (United States), Airbus (France), Bell Helicopter (United States), AgustaWestland (Italy), Northrop Grumman (United States), Sikorsky Aircraft (United States), Advanced Technologies, Inc. (United States), Ducommun (United States), GKN (United Kingdom), General Electric Company (United States) and First Aviation Services (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Rotorcraft Blade System market by Type (Rigid, Semirigid, Fully Articulate and Other), by Application (Civil and Military) and Region with country level break-up.
On the basis of geography, the market of Rotorcraft Blade System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In April 2022 First Aviation Services has announced the acquisition of HeliBlade. The inclusion of Heliblade to First Aviation's current helicopter MRO capabilities coincided with the launch of the First Aviation Rotary Wing Group ("RWG"), which will provide a nationwide footprint for rotor blade and dynamic component maintenance. Aviation Blade Services Inc. ("ABS") of Kissimmee, Florida, and Piedmont Propulsion Systems LLC ("PPS") of Winston-Salem, North Carolina, are the other two First Aviation helicopter rotor blade centres of excellence.
In March 2021, Airbus began assembly of Racer compound helicopter which stands for rapid and cost-efficient rotorcraft. According to Airbus, the delay was the result of the slowdown of many production lines due to the pandemic. Racer was first announced in 2017 which was supposed to begin flights in 2020. Even after the delays, the program has achieved milestones with major components such as a canopy, the composite of side shells. According to Airbus, the rotorcrafts expected to launch the final vehicle assembly in the coming weeks in France.
Market Trend
- Increasing Use of Rotorcrafts by the Firefighter Groups
Market Drivers
- Growing Demand of Rotorcrafts for Defence Purposes
- Increasing Need of Rotorcrafts as an Air Ambulance
Opportunities
- Increasing Spending for R&D In Rotorcraft Blade Systems
- Surging Demand of Defence And Surveillance Helicopters From India and China
Restraints
- Concerns About the Operation of Rotorcraft Blade System in Sandy Environments
Challenges
- High Capital Investment Required to Manufacture Rotorcraft Blade Systems
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Rotorcraft Blade Systems Manufacturers, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others