Key vendors to invest heavily in R&D to keep pace with the competition in the market
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global helicopter blades market in their latest research report.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales main rotor blade and tail rotor blade in the global market.
This Technavio report, under the aerospace components vertical, is based on the synthesis, analysis, and interpretation of information about the global helicopter blades market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The global marker for helicopter blades is highly fragmented in nature. Vendors in the market space compete on the basis of cost, product quality, reliability, and aftermarket services. The majority of the vendors in the market focus on improving their in-house manufacturing capabilities, product offerings, global footprint network, and R&D investments in an attempt to strengthen their foothold in the competitive market. Vendors also focus on newer technologies and maintaining a strong client base. Factors like the recovery of the global economy, the growth of the commercial sector across the world, and increased R&D investments fuel growth of the vendors in the market, leading to the growth of the global helicopter blade market.
“The emergence of electric tail rotors is revolutionizing the global helicopter blade market. The installation of electric tail rotors can improve the overall system efficiency, reduce fuel burns, and hence, result in reduced maintenance costs. An electrically driven tail rotor provides a new design and function of the tail configuration due to the torque reaction system to increase the forward flight efficiency through the reduction of aerodynamic drag force, making the compound propulsion systems feasible,” says Avimanyu Basu, a lead analyst at Technavio for aerospace components.
Top five vendors in the helicopter blade market space
Advanced Technologies
Advanced Technologies engages in the design, analysis, fabrication, and development of precision-machined rotor systems and full- and sub-scale advanced composite rotor blades. The company also provides research projects for GE Aircraft Engine Group, Augusta Aerospace, BAE Systems, Pratt & Whitney, the Defense Research Agency (UK), Texas A&M, Rolls Royce, and the University of Maryland. Some of Advanced Technologies’ key customers include Boeing, Bell Helicopters, Northrop Grumman, Sikorsky Aircraft, Lockheed Martin, and NASA. The company develops and fabricates Bell 429 rotor blades and Erickson Air Crane’s S-64 composite main rotor blades and also provides composite main rotor blades for Carson Helicopter’s S-61.
Key products: Composite blades and Sub-scale blades.
Carson Helicopters
Carson Helicopters is a provider of overhauling, repairing, and remanufacturing services for helicopters. The company also provides construction, search and rescue, and development services. Carson Helicopters holds 35 supplemental type certificates for improvements and modifications to rotor wing aircraft. The company received an FAA certification in 2003 for the manufacture of composite main rotor blades. It has manufactured more than 1,000 Carson main rotor blades that are used by commercial operators, governments, and Marine One.
Key products: Composite main rotor blades and Blade-handlers.
Erickson
Erickson manufactures, operates, and supports a fleet of air cranes. The company’s products are used for firefighting, hydroseeding, and overhaul repair applications. The offerings of the company can be broadly classified into commercial services, global defense & security, and manufacturing & MRO. Erickson’s client base includes customers in 21 countries comprising of commercial and governmental entities. In FY2015, the company reported a revenue of $298 million.
Key products: Composite rotor blades and Maintenance services.
GKN Aerospace
GKN Aerospace engages in the manufacture and supply of airframe and engine structures, associated components, and assemblies to the aircraft and engine prime contractors and various other tier one supplier in the global market. The company has 62 manufacturing locations. In FY2015, the company reported a revenue of almost $4 billion.
Key products: Metallic wing components and systems and Helicopter blades.
Kaman
Kaman provides both, commercial and government sectors with various products and systems that are technologically advanced. It also engages in the design and manufacture of technologically advanced products and systems. In FY2015, the company reported a revenue of almost $2 billion. The company caters to customers in more than 60 countries as of December 2015. It has 240 distribution locations in the US and has 23 manufacturing facilities around the world. Key customers of the company include Sikorsky Aircraft, Bell Helicopter, Boeing, Airbus Helicopters, MD Helicopters, Northrup Grumman and Curtiss-Wright.
Key products: Main rotor blades and Tail rotor blades.
A more detailed analysis is available in the Technavio report, Global Helicopter Blade Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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