Helicopter MRO Market 2019-2025 Worldwide overview By Key Companies | Global MRO Industry Size, Share, Segments, Growth, Major Segments and Regions By Forecast 2025

Helicopter MRO Market 2019-2025 Worldwide overview By Key Companies | Global MRO Industry Size, Share, Segments, Growth, Major Segments and Regions By Forecast 2025

“Helicopter MRO Market”
Helicopter MRO Market 2019 Report is Latest Depth Analysis Report on Global Helicopter MRO Market, Published by Market Research Future. Helicopter MRO Industry Report Analyzes Global Helicopter MRO Market by Type (Airframe Heavy Maintenance, Engine Maintenance, Component Maintenance and Line Maintenance), Helicopter Type (Light Helicopter (<3.1 Tons), Medium Helicopter (3.1–9.0 Tons) and Heavy Helicopter (>9.0 Tons)), Application (Civil and Military) and Regional Forecast by 2025.

Helicopter MRO Market is expected to reach USD 12,342.1 Million by 2025 at a CAGR of 4.55% during the forecast period.

MRO ensures the airworthiness of helicopters for the safety of passengers, crew, and operations. As the MRO industry is heavily regulated by regional and international aviation agencies, OEMs and operators are required to adhere to stringent policies and regulations. Furthermore, key players providing helicopter MRO services are required to obtain certifications and approvals from the necessary aviation safety agencies.

The key players in the Global Helicopter MRO Market are Heli-One (Canada), Honeywell International Inc. (US), Leonardo SpA (Italy), Airbus SAS (Netherlands), MTU Aero Engines AG (Germany), Rolls-Royce Holdings PLC (UK), Safran SA (France), StandardAero (US), Textron Inc.  (US), and United Technologies Corporation (US).

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Key Developments

In April 2019, Airbus SAS launched its H215 helicopter in China with the first delivery to China’s State Grid General Aviation Company (SGGAC). SGGAC also became a certified Airbus helicopter MRO center in Shenzhen, China.

In March 2019, Airbus SAS announced plans to invest USD 550 million in its Malaysian operations by 2023. The company aims at making Airbus Helicopters Malaysia Sdn Bhd the premier MRO center in Asia-Pacific.

In April 2018, Leonardo SpA and the Australian Ministry of Defence announced plans to establish a helicopter transmission repair and overhaul facility in Melbourne, Australia, that would be capable of servicing MRH Taipan, foreign NH90, and certain civil helicopter main gearboxes. The unit is being set up as part of an existing Leonardo SpA facility and operations are scheduled to commence in mid-2020.

In May 2018, StandardAero commenced restructuring of its Canadian MRO facilities to create three different Centers of Excellence (CEOs) specifically for supporting helicopter airframe/component MRO services, helicopter engine MRO services, and turboprop engine MRO services.

Segmental Analysis

The Global Helicopter MRO Market has been segmented based on type, helicopter type, and application.

By type, the market has been segmented into airframe heavy maintenance, engine maintenance, component maintenance, and line maintenance. Component maintenance encompasses various small and large components in helicopters. As the spare parts and sub-systems for helicopters are easily available, the costs involved in component maintenance are less as compared to other types of maintenance. This type of maintenance is carried out frequently as it is not time-consuming. Companies such as Airbus SAS, Bell Helicopters, and Boeing provide the standard spare parts for helicopters.

Based on helicopter type, the global helicopter MRO market has been divided into light helicopter (<3.1 tons), medium helicopter (3.1–9.0 tons), and heavy helicopter (>9.0 tons). Heavy helicopters have a carrying capacity of over 9 tons. These helicopters are used largely in the military to transport troops, combat vehicles, and artillery. For instance, the Mi-26 helicopter can carry two combat vehicles of an average weight of 10,000 kg or 150 troops on a single journey. Due to their high carrying capacity, large helicopters require frequent MRO services. Thus, the heavy helicopter (>9.0 tons) segment is expected to register a CAGR of 5.81% during the forecast period.

By application, the market has been classified as civil and military. The demand for civil helicopters has been increasing over the past few years. According to Honeywell International Inc. Turbine-Powered Civilian Helicopter Purchase Outlook, around 4,100 civil helicopters were delivered across the world between 2012 and 2016. In 2017, Bell Helicopter Textron Inc., a subsidiary of Textron Inc., delivered 132 commercial helicopters as compared to 114 in 2016. Due to the increasing demand for civil helicopters, there has been a subsequent rise in the demand for civil helicopter MRO services.

Regional Analysis

The Global Helicopter MRO Market has been segmented, by region, into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.

North America is leading the market with a valuation of USD 9,049.8 Million in 2018. North America has the highest number of MRO facilities for both civil and military helicopters in the world. Moreover, with the continuously changing nature of warfare, the US Department of Defense (DoD) is investing in the upgrade of its existing fleet of helicopters. The regional market is expected to register a CAGR of 3.97% during the forecast period.

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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Table of Contents

1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Helicopter Mro Market, by Type
1.1.2 Global Helicopter Mro Market, by Helicopter Type
1.1.3 Global Helicopter Mro Market, by Application
1.1.4 Global Helicopter Mro Market, by Region

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Research Objective
2.4 Market Structure
2.5 Key Buying Criteria

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List of Assumptions

Continued……

List of Tables

Table 1 Primary Interviews
Table 2 List of Assumptions
Table 3 Global Helicopter Mro Market, by Type, 2018–2025 (Usd Million)
Table 4 Airframe Heavy Maintenance: Market Estimates & Forecast, 2018–2025 (Usd Million)
Table 5 Airframe Heavy Maintenance: Market Estimates & Forecast, by Region, 2018–2025 (Usd Million)
Table 6 Engine Maintenance: Market Estimates & Forecast, 2018–2025 (Usd Million)
Table 7 Engine Maintenance: Market Estimates & Forecast, by Region, 2018–2025 (Usd Million)

Continued…….

List of Figures

Figure 1 Market Synopsis
Figure 2 Market Attractiveness Analysis: Global Helicopter Mro Market
Figure 3 Global Helicopter Mro Market Analysis, by Type
Figure 4 Global Helicopter Mro Market Analysis, by Helicopter Type
Figure 5 Global Helicopter Mro Market Analysis, by Application
Figure 6 Global Helicopter Mro Market Analysis, by Region
Figure 7 Global Helicopter Mro Market: Structure

Continued…..

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