Global helicopter FCS market: Increasing number of civilian helicopters to contribute to the market growth by 2020

Renewable energy

 

This market research report presents a detailed segmentation of the global helicopter flight control systems (FCS) market by application (civil and military helicopters) and by geography (the Americas, APAC, and EMEA). The research report also outlines the market shares of key vendors including Liebherr, Moog, Sagem, UTC, and Woodward.

Technavio’s market research analysts estimate the global helicopter FCS market to grow at a CAGR of over 2% between 2016 and 2020. The market is primarily driven by the introduction of automatic flight control systems (AFCS) which improves the flight stability and enables automation of flight in certain parts of missions, thereby reducing the workload of the crew. At present, EMEA dominates the global helicopter FCS market by accounting for almost 38% of the overall market share. The rise in the procurement and investments in military helicopters with advanced FCS due to increasing budget cuts and military spending is likely to propel the market in this region during the forecast period.

The new market research report from Technavio presents a breakdown and analysis of the helicopter FCS segments by application.

“The development of the synthetic vision avionics backbone (SVAB) system is the latest trend in the market. Developed by Rockwell Collins and Honeywell Aerospace, the SVAB system counters the challenges of inoperability of rotary-wing military aircraft under inferior visual environments. The system uses multiple sensors and databases and a sensor-impartial approach to create a synthetic environment of obstacles for pilots. SVAB also provides improved situational awareness for pilots, paving way for better safety standards,” says Abhay Singh, Lead Analyst, Aerospace & Defense, Technavio Research.

In 2015, the civil segment dominated the global helicopter FCS market by holding a market share of over 54%. The number of civilian helicopters, both commercial and special purpose helicopters, is expected to see a rapid increase by 2020. The growing use of helicopters in tourism, oil and gas, utility, special missions, and training is expected to fuel the demand for civilian helicopters and thereby, the global civilian helicopter FCS market. By 2034, APAC and Central America is expected to undergo the highest fleet replacement and expansion, and APAC will be the world’s third largest regional market after North America and Europe.

The key vendors in the global helicopter FCS market include Liebherr, Moog, Sagem, UTC, and Woodward. The helicopter FCS market is highly competitive where the vendors compete on the basis of cost, product quality, reliability, and aftermarket service. The primary focus of the vendors is to implement lightweight materials, more advanced electric technologies, and robust systems in helicopters for efficient operations. The market is expected to witness a surge in mergers and acquisitions, coupled with increased collaboration with alliance partners in the coming years. Several autopilot manufacturers are making huge investments in developing new, cost-efficient, and advanced digital smart autopilots that are compatible with various civil and military helicopters.

A more detailed analysis is available on the Technavio report, Global Helicopter FCS Market 2016-2020.

We can customize reports by other regions and specific segments upon request.

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