Market Overview:
The global helicopter MRO market is expected to grow from USD 5.27 billion in 2018 to USD 8.06 billion by 2030, at a CAGR of 5.02% during the forecast period. The growth of the global helicopter MRO market can be attributed to the increasing demand for helicopters for civil and military applications, and the growing number of aging helicopters that require maintenance and repairs. The airframe heavy maintenance segment is projected to lead the global helicopter MRO market during the forecast period, owing to increased demand for heavy maintenance services due to aging helicopters fleet across regions.
Product Definition:
A helicopter MRO is a facility that specializes in the maintenance, repair, and overhaul of helicopters. The importance of a helicopter MRO is that it ensures that helicopters are kept in working order and can be safely operated. Without a properly functioning helicopter MRO, many helicopters would be grounded for long periods of time while awaiting repairs or overhauls.
Airframe Heavy Maintenance:
Airframe heavy maintenance is a category of service that includes all the activities necessary to keep helicopter airframe in good working condition. It includes inspection, repair and maintenance of various components such as main rotor, transmission & drives, cabin filters & air conditioning system etc. Airframe heavy maintenance is an essential factor for helicopters as they are complex machines and need constant monitoring and checking for any defects or faults.
Engine Maintenance:
Engine maintenance is the process of regularly servicing and inspecting the essential components of an engine to ensure its efficient working. It includes oiling, cleaning, and inspection of various parts such as piston rings, cylinder liners, main bearings etc. This helps in extending the life & performance of a particular make and model aircraft engines.
Application Insights:
The military application segment held the largest revenue share of more than 60% in 2017. The growth can be attributed to the increasing demand for helicopters from armed forces around the world. Helicopter units are used for various purposes, such as troop transport, logistics support, medical evacuation and disaster relief operations.
The civil application segment is expected to witness significant growth over the forecast period owing to rising use of helicopters for passenger travel and transportation of goods across short distances. Increasing urbanization has led to rise in demand for shorter air taxi routes between cities that cannot be covered by road due to narrow landing sites or weather conditions that make it difficult for aircraft on ground tackle surfaces.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has a well-established aviation industry, which generates significant revenues every year. Moreover, countries such as China and India are investing heavily in military aircraft maintenance activities owing to rising geopolitical tensions across the globe. This is likely to drive regional market growth during the forecast period.
The Middle East & Africa market was valued at USD X million in 2017 and is projected to grow at an estimated CAGR of XX% from 2018 to 2030 owing high government investments towards modernization of armed forces coupled with increasing defense budgets across key economies including Saudi Arabia, UAE, Egypt etc., thus driving demand for helicopters for military purposes thereby propelling regional growth over the coming years.
Growth Factors:
- Increasing demand for helicopters for civilian and military applications
- Growing number of helicopter accidents and subsequent need for maintenance, repair, and overhaul services
- Proliferation of new technologies in the helicopter industry that require regular maintenance and repairs
- Expansion of the global helicopter fleet due to rising air traffic across the world
- Increased spending on defense by governments around the world, which is driving demand for helicopters
Scope Of The Report
Report Attributes
Report Details
Report Title
Helicopter MRO Market Research Report
By Type
Airframe Heavy Maintenance, Engine Maintenance, Component Maintenance
By Application
Civil, Military
By Companies
Airbus Helicopters, Leonardo S.p.A, Turbomeca (Safran), Rolls Royce Holdings PLC, Bell Helicopter, Sikorsky Aircraft, MTU Maintenance, Pratt & Whitney, Heli-One, StandardAero, Honeywell Aerospace, RUAG Aviation, Robinson Helicopter, Russian Helicopter, Mid-Canada Mod Center, Transwest Helicopters
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Helicopter MRO Market Report Segments:
The global Helicopter MRO market is segmented on the basis of:
Types
Airframe Heavy Maintenance, Engine Maintenance, Component Maintenance
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil, Military
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Airbus Helicopters
- Leonardo S.p.A
- Turbomeca (Safran)
- Rolls Royce Holdings PLC
- Bell Helicopter
- Sikorsky Aircraft
- MTU Maintenance
- Pratt & Whitney
- Heli-One
- StandardAero
- Honeywell Aerospace
- RUAG Aviation
- Robinson Helicopter
- Russian Helicopter
- Mid-Canada Mod Center
- Transwest Helicopters
Highlights of The Helicopter MRO Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Airframe Heavy Maintenance
- Engine Maintenance
- Component Maintenance
- By Application:
- Civil
- Military
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Helicopter MRO Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Helicopter MRO is a type of maintenance and repair organization that specializes in providing helicopter services. These organizations typically provide maintenance, repair, overhaul (MRO), and modification (MIM) services for helicopters.
Some of the major companies in the helicopter mro market are Airbus Helicopters, Leonardo S.p.A, Turbomeca (Safran), Rolls Royce Holdings PLC, Bell Helicopter, Sikorsky Aircraft, MTU Maintenance, Pratt & Whitney, Heli-One, StandardAero, Honeywell Aerospace, RUAG Aviation, Robinson Helicopter, Russian Helicopter, Mid-Canada Mod Center, Transwest Helicopters.
The helicopter mro market is expected to register a CAGR of 5.02%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Helicopter MRO Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Helicopter MRO Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Helicopter MRO Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Helicopter MRO Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Helicopter MRO Market Size & Forecast, 2018-2028
4.5.1 Helicopter MRO Market Size and Y-o-Y Growth
4.5.2 Helicopter MRO Market Absolute $ Opportunity
Chapter 5 Global Helicopter MRO Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Helicopter MRO Market Size Forecast by Type
5.2.1 Airframe Heavy Maintenance
5.2.2 Engine Maintenance
5.2.3 Component Maintenance
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Helicopter MRO Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Helicopter MRO Market Size Forecast by Applications
6.2.1 Civil
6.2.2 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Helicopter MRO Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Helicopter MRO Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Helicopter MRO Analysis and Forecast
9.1 Introduction
9.2 North America Helicopter MRO Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Helicopter MRO Market Size Forecast by Type
9.6.1 Airframe Heavy Maintenance
9.6.2 Engine Maintenance
9.6.3 Component Maintenance
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Helicopter MRO Market Size Forecast by Applications
9.10.1 Civil
9.10.2 Military
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Helicopter MRO Analysis and Forecast
10.1 Introduction
10.2 Europe Helicopter MRO Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Helicopter MRO Market Size Forecast by Type
10.6.1 Airframe Heavy Maintenance
10.6.2 Engine Maintenance
10.6.3 Component Maintenance
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Helicopter MRO Market Size Forecast by Applications
10.10.1 Civil
10.10.2 Military
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Helicopter MRO Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Helicopter MRO Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Helicopter MRO Market Size Forecast by Type
11.6.1 Airframe Heavy Maintenance
11.6.2 Engine Maintenance
11.6.3 Component Maintenance
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Helicopter MRO Market Size Forecast by Applications
11.10.1 Civil
11.10.2 Military
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Helicopter MRO Analysis and Forecast
12.1 Introduction
12.2 Latin America Helicopter MRO Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Helicopter MRO Market Size Forecast by Type
12.6.1 Airframe Heavy Maintenance
12.6.2 Engine Maintenance
12.6.3 Component Maintenance
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Helicopter MRO Market Size Forecast by Applications
12.10.1 Civil
12.10.2 Military
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Helicopter MRO Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Helicopter MRO Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Helicopter MRO Market Size Forecast by Type
13.6.1 Airframe Heavy Maintenance
13.6.2 Engine Maintenance
13.6.3 Component Maintenance
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Helicopter MRO Market Size Forecast by Applications
13.10.1 Civil
13.10.2 Military
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Helicopter MRO Market: Competitive Dashboard
14.2 Global Helicopter MRO Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Airbus Helicopters
14.3.2 Leonardo S.p.A
14.3.3 Turbomeca (Safran)
14.3.4 Rolls Royce Holdings PLC
14.3.5 Bell Helicopter
14.3.6 Sikorsky Aircraft
14.3.7 MTU Maintenance
14.3.8 Pratt & Whitney
14.3.9 Heli-One
14.3.10 StandardAero
14.3.11 Honeywell Aerospace
14.3.12 RUAG Aviation
14.3.13 Robinson Helicopter
14.3.14 Russian Helicopter
14.3.15 Mid-Canada Mod Center
14.3.16 Transwest Helicopters
