Helicopter MRO Market Size, Share, Top Key Players Update and Forecast to 2025
Research Reports
Jan 19, 2021
Market Highlights
Global Helicopter MRO Market 2020 is poised to witness substantial growth over the review period. The growing amount of helicopter deliveries and demand for helicopters in developing countries are driving the growth of the global MRO helicopter industry. Increased use of commercial helicopters and expansion in the outsourcing of MRO services are poised to fuel industry growth. The rising global demand for civil helicopters is the key factor driving the development of the MRO industry for civil helicopters. Many of this demand can be due to factors such as the rise of offshore activity, expanded use by law enforcement authorities, search and rescue activities, and medical emergency evacuation. This rise in demand for civil helicopters will foster the need for MRO services, which in turn will foster growth opportunities in the global market for MRO civil helicopter services over the projected period.
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Competitive Dashboard
The Key Players in the Global Helicopter MRO Market are Airbus SAS (Netherlands), Heli-One (Canada), Honeywell International Inc. (US), Leonardo SPA (Italy), MTU Aero Engines AG (Germany), Rolls-Royce Holdings PLC (UK), Safran SA (France), StandardAero (US), Textron Inc. (US), and United Technologies Corporation (US).
Segment Analysis
Global Helicopter MRO Market has been analyzed based on application, helicopter type, type, and region.
By type, the market has been classified as airframe heavy maintenance, engine maintenance, component maintenance, and line maintenance.
Based on helicopter type Helicopter MRO Market has been segmented into medium helicopter (3.1–9.0 tons), light helicopter (9.0 tons). The application segments of the market are civil and military.
Regional Overview
The Global Helicopter MRO Market has been segmented, by region, into North America, Europe, Asia-Pacific, and the Middle East & Africa, and Latin America.
Europe is projected to be the second-largest market during the review period. The regional market is expected to reach USD 3,221.3 Million by 2025 at a CAGR of 4.38% during the forecast period. Asia-Pacific is projected to be the third-largest market during the review period. The regional market is expected to reach USD 1,597.1 Million by 2025 at a CAGR of 6.88% during the forecast period.
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