Market Overview:
The global turbine rotorcrafts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for turbine rotorcrafts for private, commercial, and utility usage across the globe. In terms of type, the light rotorcrafts segment is expected to dominate the global turbine rotorcrafts market during the forecast period owing to its low cost and easy maintenance. However, in terms of CAGR, medium and heavy rotorcraft segments are projected to grow at a higher rate than light rotorcraft segment during 2018-2030.
Product Definition:
A turbine rotorcraft is a type of rotorcraft that uses a gas turbine engine to power its rotors. These engines are more powerful than piston engines, and they can produce more lift, which allows for larger and heavier aircraft. Turbine rotorcrafts are often used for military or emergency applications, as they can fly faster and farther than traditional helicopters.
Light Rotorcrafts:
Light rotorcrafts are also known as very light helicopters or micro helicopters. They have two main rotors and one or two engines. The main rotors create more lift than the total weight of the aircraft, therefore it can hover in place without any need for a ground support system.
The engine is usually mounted in the rear so that all helicopter blades act as a giant fan to provide cooling air to drive other components such as electronics.
Medium Rotorcrafts:
The global medium rotorcrafts and it’s usage in turbine rotorcrafts market size was valued at USD 9.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for utility helicopters, especially from oil & gas industry, is anticipated to drive the growth during the forecast period.
Application Insights:
The others application segment includes government usage, military usage and industrial usage. The utility segment held the largest share of the global turbine rotorcrafts market in 2017 owing to increasing demand for clean energy and growing investments in renewable sources of energy such as solar and wind.
Utility applications include power generation from hydroelectricity, thermal electricity, nuclear reactors along with other forms of renewable sources including wind turbines. Increasing demand for electricity across various developing countries is expected to drive the utility application segment over the forecast period. Increasing demand for clean energy coupled with a shift towards green technologies by utilities worldwide is expected to further fuel turbine rotorcrafts market growth over the forecast period. Growing investments in various forms of renewable sources including solar PV panels, onshore & offshore wind turbines are anticipated to boost industry expansion over next eight years or so (2030 - 2038).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing utility usage in countries, such as China and India. Furthermore, rising demand for helicopters for commercial purposes is also anticipated to drive the market in Asia Pacific region.
The Middle East & Africa accounted for a significant share of global revenue owing to large oil & gas reserves present across several countries in this region including Saudi Arabia, UAE, and Egypt among others. However, there has been a decline in turbine rotorcraft utilization due mainly to political instability prevailing across some of these countries since 2015 which has resulted into halt or slowdown down of industrial activities including oil & gas production leading into lower energy consumption levels thereby affecting industry growth negatively.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is expected to grow at a CAGR of 5.8% from 2016 to 2021, driven by the growth in the number of passengers and aircrafts. This will result in an increase in the demand for turbine rotorcrafts.
- Rise in disposable income: A rise in disposable income will lead to an increase in the number of luxury travelers, who are more likely to opt for turbine rotorcrafts over other forms of transportation.
- Proliferation of low-cost carriers: The proliferation of low-cost carriers (LCC) is providing a boost to the air travel industry and is resulting in an increase in demand for turbine rotorcrafts as they are more economical than traditional airlines.
- Technological advancements: Technological advancements such as fly-by-wire systems and advanced engines are making turbine rotorcrafts more efficient and reliable, which is resulting in an increase their adoption by airlines worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Turbine Rotorcrafts Market Research Report
By Type
Light Rotorcrafts, Medium Rotorcrafts, Heavy Rotorcrafts
By Application
Private Usage, Utilities Usage, Commercial Usage, Others
By Companies
Airbus Helicopters, Bell, Leonardo, Sikorsky, MD Helicopters, JSC Russian Helicopters, FH1100 Manufacturing Group, Robinson Helicopter Company
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Turbine Rotorcrafts Market Report Segments:
The global Turbine Rotorcrafts market is segmented on the basis of:
Types
Light Rotorcrafts, Medium Rotorcrafts, Heavy Rotorcrafts
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
Private Usage, Utilities Usage, Commercial Usage, Others
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
- Bell
- Leonardo
- Sikorsky
- MD Helicopters
- JSC Russian Helicopters
- FH1100 Manufacturing Group
- Robinson Helicopter Company
Highlights of The Turbine Rotorcrafts 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:
- Light Rotorcrafts
- Medium Rotorcrafts
- Heavy Rotorcrafts
- By Application:
- Private Usage
- Utilities Usage
- Commercial Usage
- Others
- 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 Turbine Rotorcrafts 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Turbine rotorcrafts are aircraft that use a turbine engine to generate power. This power is used to turn the rotors, which in turn create thrust and propel the aircraft forward.
Some of the key players operating in the turbine rotorcrafts market are Airbus Helicopters, Bell, Leonardo, Sikorsky, MD Helicopters, JSC Russian Helicopters, FH1100 Manufacturing Group, Robinson Helicopter Company.
The turbine rotorcrafts market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Turbine Rotorcrafts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Turbine Rotorcrafts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Turbine Rotorcrafts Market - Supply Chain
4.5. Global Turbine Rotorcrafts Market Forecast
4.5.1. Turbine Rotorcrafts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Turbine Rotorcrafts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Turbine Rotorcrafts Market Absolute $ Opportunity
5. Global Turbine Rotorcrafts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Turbine Rotorcrafts Market Size and Volume Forecast by Type
5.3.1. Light Rotorcrafts
5.3.2. Medium Rotorcrafts
5.3.3. Heavy Rotorcrafts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Turbine Rotorcrafts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Turbine Rotorcrafts Market Size and Volume Forecast by Application
6.3.1. Private Usage
6.3.2. Utilities Usage
6.3.3. Commercial Usage
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Turbine Rotorcrafts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Turbine Rotorcrafts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Turbine Rotorcrafts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Turbine Rotorcrafts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Turbine Rotorcrafts Demand Share Forecast, 2019-2026
9. North America Turbine Rotorcrafts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Turbine Rotorcrafts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Turbine Rotorcrafts Market Size and Volume Forecast by Application
9.4.1. Private Usage
9.4.2. Utilities Usage
9.4.3. Commercial Usage
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Turbine Rotorcrafts Market Size and Volume Forecast by Type
9.7.1. Light Rotorcrafts
9.7.2. Medium Rotorcrafts
9.7.3. Heavy Rotorcrafts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Turbine Rotorcrafts Demand Share Forecast, 2019-2026
10. Latin America Turbine Rotorcrafts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Turbine Rotorcrafts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Turbine Rotorcrafts Market Size and Volume Forecast by Application
10.4.1. Private Usage
10.4.2. Utilities Usage
10.4.3. Commercial Usage
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Turbine Rotorcrafts Market Size and Volume Forecast by Type
10.7.1. Light Rotorcrafts
10.7.2. Medium Rotorcrafts
10.7.3. Heavy Rotorcrafts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Turbine Rotorcrafts Demand Share Forecast, 2019-2026
11. Europe Turbine Rotorcrafts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Turbine Rotorcrafts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Turbine Rotorcrafts Market Size and Volume Forecast by Application
11.4.1. Private Usage
11.4.2. Utilities Usage
11.4.3. Commercial Usage
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Turbine Rotorcrafts Market Size and Volume Forecast by Type
11.7.1. Light Rotorcrafts
11.7.2. Medium Rotorcrafts
11.7.3. Heavy Rotorcrafts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Turbine Rotorcrafts Demand Share, 2019-2026
12. Asia Pacific Turbine Rotorcrafts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Turbine Rotorcrafts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Turbine Rotorcrafts Market Size and Volume Forecast by Application
12.4.1. Private Usage
12.4.2. Utilities Usage
12.4.3. Commercial Usage
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Turbine Rotorcrafts Market Size and Volume Forecast by Type
12.7.1. Light Rotorcrafts
12.7.2. Medium Rotorcrafts
12.7.3. Heavy Rotorcrafts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Turbine Rotorcrafts Demand Share, 2019-2026
13. Middle East & Africa Turbine Rotorcrafts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Turbine Rotorcrafts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Turbine Rotorcrafts Market Size and Volume Forecast by Application
13.4.1. Private Usage
13.4.2. Utilities Usage
13.4.3. Commercial Usage
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Turbine Rotorcrafts Market Size and Volume Forecast by Type
13.7.1. Light Rotorcrafts
13.7.2. Medium Rotorcrafts
13.7.3. Heavy Rotorcrafts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Turbine Rotorcrafts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Turbine Rotorcrafts Market: Market Share Analysis
14.2. Turbine Rotorcrafts Distributors and Customers
14.3. Turbine Rotorcrafts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Airbus Helicopters
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Leonardo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sikorsky
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MD Helicopters
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JSC Russian Helicopters
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FH1100 Manufacturing Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Robinson Helicopter Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
