Covid-19 Impact on Helicopter Blades Market to See Strong Expansion Through 2022

Matt Easterlin18 Aug, 2023Business

The helicopter blades market was valued at US$ 1,212.5 million in 2016 and is projected to grow at a healthy CAGR of 4.5% over the next five years to reach US$ 1,568.4 million in 2022. Increasing delivery of helicopters, advancement in blade technology such as electric tail rotor systems, a continuous shift from heavy metal blades to lightweight composite blades, and rising helicopter fleet size are major growth drivers of the helicopter blades market.