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Global Helicopter MRO Market is projected to expand at 4.55% CAGR to attain USD 12,342.1 Million by the year 2025 during the forecast period

Press release   •   Jan 15, 2020 06:02 EST

Global Helicopter MRO Market Research Report: by Type (Airframe Heavy Maintenance, Engine Maintenance, Component Maintenance, and Line Maintenance), by Helicopter Type (Light Helicopter (< 3.1 Tons), Medium Helicopter (3.1-9.0 Tons), Heavy Helicopter (>9.0 Tons)), by Application (Civil and Military) and by Region (North America (US, Canada), Europe (Germany, UK, France, Italy, Russia, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle & Africa), and Latin America (Brazil, Rest of Latin America) - Forecast till 2025

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Market Analysis

Maintenance, repair, and overhaul (MRO) is a fundamental aspect of helicopter operations. Helicopter MRO service providers offer services such as airframe, engine, component, and line maintenance. MRO services are availed for commercial and military helicopters and the type of service depends on the helicopter type which includes light, medium, and heavy helicopters. The growth of the global helicopter MRO market is driven by the growing number of helicopter deliveries and demand for helicopters in developing countries. However, strict government regulations are expected to restrain market growth. The Global Helicopter MRO Market is projected to expand at 4.55% CAGR to attain USD 12,342.1 Million by the year 2025 during the forecast period.

Market Segmentation

The helicopter MRO market has been segmented based on type, helicopter type, application, and region. Based on type, the helicopter MRO market has been segmented into airframe heavy maintenance, engine maintenance, component maintenance, and line maintenance. By helicopter type, the helicopter MRO market has been bifurcated into light helicopter (< 3.1 Tons), medium helicopter (3.1-9.0 Tons), and heavy helicopter (>9.0 Tons). Based on application, the helicopter MRO market has been segmented into civil and military.

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Regional Analysis

Geographically, Global Helicopter MRO Market has been split into regions like North America, Europe, Asia-Pacific, the Middle East and Africa, and Louth America. North America is responsible for the major market in the Helicopter MRO market. The region is leading the global helicopter MRO market in terms of market share during the forecast period remaining to the existence of many of the key players in the region and owing to the presence of MRO facilities for both civil and military helicopters. The US retains most of the North American market due to the existence of major companies such as Honeywell International Inc., StandardAero, and Robinson Helicopter Company. Europe is the next-largest market in the helicopter MRO market. Europe includes Germany, France, UK, Italy, Russia, and the rest of Europe. The presence of an established tourism industry in Europe significantly impacts the demand for commercial helicopters, thereby driving the growth of the helicopter MRO market. The UK takes the biggest market share in the region followed by Germany and France.

Major Players

Airbus SAS (Netherlands), Leonardo SpA (Italy), Safran SA (France), MTU Aero Engines AG (Germany), and Textron Inc. (US) are some of the major players in the Global Helicopter MRO Market. Some of the key developments took place in September 2019, StandardAero acquired Safe Aviation Solutions, including Accel, Safe Fuel, and B&E ACR (formerly the MRO services subsidiary of the B&E Group). Through this acquisition, the company aims at expanding its portfolio of MRO and component repair services. In April 2019, Airbus 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 helicopters MRO center in Shenzhen, China. In March 2019, Safran Helicopter Engines, a subsidiary of Safran SA, signed a maintenance contract with CHC Helicopter for maintenance support of the Turbomeca Arriel turboshaft engines on CHC's Sikorsky S-76 and Airbus helicopters AS365 fleets. The four-year MRO contract covers 70 engines, including support for Arriel 1S, 2S1, and 2S2 engines on CHC's S-76s and Arriel 2C.


Few Significant Points from 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

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION

5.2 DRIVERS

5.2.1 INCREASED USE OF COMMERCIAL HELICOPTERS

5.2.2 GROWTH IN OUTSOURCING OF MRO SERVICES

5.2.3 DRIVERS IMPACT ANALYSIS

5.3 RESTRAINTS

5.3.1 ENVIRONMENTAL HAZARDS

5.3.2 DEVELOPMENT OF NEXT-GENERATION HELICOPTERS

5.3.3 RESTRAINTS IMPACT ANALYSIS

5.4 OPPORTUNITIES

5.4.1 INTEGRATION OF INTERNET OF THINGS (IOT) IN MRO

5.5 TRENDS

5.5.1 RISE IN 3D PRINTING OF COMPONENTS FOR HELICOPTER MRO

5.6 REGULATORY NORMS

6 MARKET FACTOR ANALYSIS

6.1 SUPPLY CHAIN ANALYSIS

6.1.1 OEMS

6.1.2 DISTRIBUTORS

6.1.3 MAINTENANCE PROVIDERS

6.1.4 PLATFORM

6.2 PORTER’S FIVE FORCES MODEL

6.2.1 THREAT OF NEW ENTRANTS

6.2.2 BARGAINING POWER OF SUPPLIERS

6.2.3 BARGAINING POWER OF BUYERS

6.2.4 THREAT OF SUBSTITUTES

6.2.5 INTENSITY OF RIVALRY

7 GLOBAL HELICOPTER MRO MARKET, BY TYPE

7.1 OVERVIEW

7.2 GLOBAL HELICOPTER MRO MARKET, BY TYPE, 2018–2025 (USD MILLION)

7.3 AIRFRAME HEAVY MAINTENANCE

7.3.1 AIRFRAME HEAVY MAINTENANCE: MARKET ESTIMATES & FORECAST, 2018–2025 (USD MILLION)

7.3.2 AIRFRAME HEAVY MAINTENANCE: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

7.4 ENGINE MAINTENANCE

7.4.1 ENGINE MAINTENANCE: MARKET ESTIMATES & FORECAST, 2018–2025(USD MILLION)

7.4.2 ENGINE MAINTENANCE: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

7.5 COMPONENT MAINTENANCE

7.5.1 COMPONENT MAINTENANCE: MARKET ESTIMATES & FORECAST, 2018–2025(USD MILLION)

7.5.2 COMPONENT MAINTENANCE: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

7.6 LINE MAINTENANCE

7.6.1 LINE MAINTENANCE: MARKET ESTIMATES & FORECAST, 2018–2025(USD MILLION)

7.6.2 LINE MAINTENANCE: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

8 GLOBAL HELICOPTER MRO MARKET, BY HELICOPTER TYPE

8.1 OVERVIEW

8.2 GLOBAL HELICOPTER MRO MARKET, BY HELICOPTER TYPE, 2018–2025 (USD MILLION)

8.3 LIGHT HELICOPTER (< 3.1 TONS)

8.3.1 LIGHT HELICOPTER (< 3.1 TONS): MARKET ESTIMATES & FORECAST, 2018–2025(USD MILLION)

8.3.2 LIGHT HELICOPTER (< 3.1 TONS): MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

8.4 MEDIUM HELICOPTER (3.1–9.0 TONS)

8.4.1 MEDIUM HELICOPTER (3.1–9.0 TONS): MARKET ESTIMATES & FORECAST, 2018–2025 (USD MILLION)

8.4.2 MEDIUM HELICOPTER (3.1–9.0 TONS): MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

8.5 HEAVY HELICOPTER (>9.0 TONS)

8.5.1 HEAVY HELICOPTER (>9.0 TONS): MARKET ESTIMATES & FORECAST, 2018–2025 (USD MILLION)

8.5.2 HEAVY HELICOPTER (>9.0 TONS): MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

9 GLOBAL HELICOPTER MRO MARKET, BY APPLICATION

9.1 OVERVIEW

9.2 GLOBAL HELICOPTER MRO MARKET, BY APPLICATION, 2018–2025 (USD MILLION)

9.3 CIVIL

9.3.1 CIVIL: MARKET ESTIMATES & FORECAST, 2018–2025(USD MILLION)

9.3.2 CIVIL: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

9.4 MILITARY

9.4.1 MILITARY: MARKET ESTIMATES & FORECAST, 2018–2025(USD MILLION)

9.4.2 MILITARY: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2025 (USD MILLION)

10 GLOBAL HELICOPTER MRO MARKET, BY REGION

10.1 OVERVIEW

10.1.1 GLOBAL HELICOPTER MRO MARKET, BY REGION, 2018–2025 (USD MILLION)

10.2 NORTH AMERICA

10.2.1 NORTH AMERICA: HELICOPTER MRO MARKET, 2018–2025 (USD MILLION)

10.2.2 NORTH AMERICA: HELICOPTER MRO MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

10.2.3 NORTH AMERICA: HELICOPTER MRO MARKET, BY TYPE, 2018–2025 (USD MILLION)

10.2.4 NORTH AMERICA: HELICOPTER MRO MARKET, BY HELICOPTER TYPE, 2018–2025 (USD MILLION)

10.2.5 NORTH AMERICA: HELICOPTER MRO MARKET, BY APPLICATION, 2018–2025 (USD MILLION)

10.2.6 US

10.2.7 CANADA

10.3 EUROPE

10.3.1 EUROPE: HELICOPTER MRO MARKET, 2018–2025 (USD MILLION)

10.3.2 EUROPE: HELICOPTER MRO MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

10.3.3 EUROPE: HELICOPTER MRO MARKET, BY TYPE, 2018–2025 (USD MILLION)

10.3.4 EUROPE: HELICOPTER MRO MARKET, BY HELICOPTER TYPE, 2018–2025 (USD MILLION)

10.3.5 EUROPE: HELICOPTER MRO MARKET, BY APPLICATION, 2018–2025 (USD MILLION)

10.3.6 UK

10.3.7 GERMANY

10.3.8 FRANCE

10.3.9 ITALY

10.3.10 RUSSIA

10.3.11 REST OF EUROPE

10.4 ASIA-PACIFIC

10.4.1 ASIA-PACIFIC: HELICOPTER MRO MARKET, 2018–2025 (USD MILLION)

10.4.2 ASIA-PACIFIC: HELICOPTER MRO MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

10.4.3 ASIA-PACIFIC: HELICOPTER MRO MARKET, BY TYPE, 2018–2025 (USD MILLION)

10.4.4 ASIA-PACIFIC: HELICOPTER MRO MARKET, BY HELICOPTER TYPE, 2018–2025 (USD MILLION)

10.4.5 ASIA-PACIFIC: HELICOPTER MRO MARKET, BY APPLICATION, 2018–2025 (USD MILLION)

10.4.6 CHINA

10.4.7 JAPAN

10.4.8 INDIA

10.4.9 AUSTRALIA

10.4.10 SOUTH KOREA

10.4.11 REST OF ASIA-PACIFIC

10.5 MIDDLE EAST & AFRICA

10.5.1 MIDDLE EAST & AFRICA: HELICOPTER MRO MARKET, 2018–2025 (USD MILLION)

10.5.2 MIDDLE EAST & AFRICA: HELICOPTER MRO MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

10.5.3 MIDDLE EAST & AFRICA: HELICOPTER MRO MARKET, BY TYPE, 2018–2025 (USD MILLION)

10.5.4 MIDDLE EAST & AFRICA: HELICOPTER MRO MARKET, BY HELICOPTER TYPE, 2018–2025 (USD MILLION)

10.5.5 MIDDLE EAST & AFRICA: HELICOPTER MRO MARKET, BY APPLICATION, 2018–2025 (USD MILLION)

10.5.6 SAUDI ARABIA

10.5.7 UAE

10.5.8 REST OF THE MIDDLE EAST & AFRICA

10.6 LATIN AMERICA

10.6.1 LATIN AMERICA: HELICOPTER MRO MARKET, 2018–2025 (USD MILLION)

10.6.2 LATIN AMERICA: HELICOPTER MRO MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

10.6.3 LATIN AMERICA: HELICOPTER MRO MARKET, BY TYPE, 2018–2025 (USD MILLION)

10.6.4 LATIN AMERICA: HELICOPTER MRO MARKET, BY HELICOPTER TYPE, 2018–2025 (USD MILLION)

10.6.5 LATIN AMERICA: HELICOPTER MRO MARKET, BY APPLICATION, 2018–2025 (USD MILLION)

10.6.6 BRAZIL

10.6.7 REST OF LATIN AMERICA

11 COMPETITIVE LANDSCAPE

11.1 COMPETITIVE OVERVIEW

11.2 COMPETITIVE BENCHMARKING

11.3 MARKET SHARE ANALYSIS

11.4 MAJOR GROWTH STRATEGIES IN THE GLOBAL HELICOPTER MRO MARKET

11.5 LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL HELICOPTER MRO MARKET

11.6 KEY DEVELOPMENTS & GROWTH STRATEGIES

11.6.1 CONTRACTS & AGREEMENTS

11.6.2 INVESTMENTS

11.6.3 MERGERS & ACQUISITIONS

11.6.4 PARTNERSHIPS, COLLABORATIONS, AND EXPANSIONS

12 COMPANY PROFILES

12.1 AIRBUS SAS

12.1.1 COMPANY OVERVIEW

12.1.2 FINANCIAL OVERVIEW

12.1.3 PRODUCTS/SERVICES OFFERED

12.1.4 KEY DEVELOPMENTS

12.1.5 SWOT ANALYSIS

12.1.6 KEY STRATEGIES

12.2 HELI-ONE

12.2.1 COMPANY OVERVIEW

12.2.2 FINANCIAL OVERVIEW

12.2.3 PRODUCTS/SERVICES OFFERED

12.2.4 KEY DEVELOPMENTS

12.2.5 SWOT ANALYSIS

12.2.6 KEY STRATEGIES

12.3 HONEYWELL INTERNATIONAL INC.

12.3.1 COMPANY OVERVIEW

12.3.2 FINANCIAL OVERVIEW

12.3.3 PRODUCTS/SERVICES OFFERED

12.3.4 KEY DEVELOPMENTS

12.3.5 SWOT ANALYSIS

12.3.6 KEY STRATEGIES

12.4 LEONARDO SPA

12.4.1 COMPANY OVERVIEW

12.4.2 FINANCIAL OVERVIEW

12.4.3 PRODUCTS/SERVICES OFFERED

12.4.4 KEY DEVELOPMENTS

12.4.5 SWOT ANALYSIS

12.4.6 KEY STRATEGIES

12.5 MTU AERO ENGINES AG

12.5.1 COMPANY OVERVIEW

12.5.2 FINANCIAL OVERVIEW

12.5.3 PRODUCTS/SERVICES OFFERED

12.5.4 KEY DEVELOPMENTS

12.5.5 SWOT ANALYSIS

12.5.6 KEY STRATEGIES

12.6 ROLLS-ROYCE HOLDINGS PLC

12.6.1 COMPANY OVERVIEW

12.6.2 FINANCIAL OVERVIEW

12.6.3 PRODUCTS/SERVICES OFFERED

12.6.4 KEY DEVELOPMENTS

12.6.5 SWOT ANALYSIS

12.6.6 KEY STRATEGIES

12.7 SAFRAN SA

12.7.1 COMPANY OVERVIEW

12.7.2 FINANCIAL OVERVIEW

12.7.3 PRODUCTS/SERVICES OFFERED

12.7.4 KEY DEVELOPMENTS

12.7.5 SWOT ANALYSIS

12.7.6 KEY STRATEGIES

12.8 STANDARDAERO

12.8.1 COMPANY OVERVIEW

12.8.2 FINANCIAL OVERVIEW

12.8.3 PRODUCTS/SERVICES OFFERED

12.8.4 KEY DEVELOPMENTS

12.8.5 SWOT ANALYSIS

12.8.6 KEY STRATEGIES

12.9 TEXTRON INC.

12.9.1 COMPANY OVERVIEW

12.9.2 FINANCIAL OVERVIEW

12.9.3 PRODUCTS/SERVICES OFFERED

12.9.4 KEY DEVELOPMENTS

12.9.5 SWOT ANALYSIS

12.9.6 KEY STRATEGIES

12.10 UNITED TECHNOLOGIES CORPORATION

12.10.1 COMPANY OVERVIEW

12.10.2 FINANCIAL OVERVIEW

12.10.3 PRODUCTS/SERVICES OFFERED

12.10.4 KEY DEVELOPMENTS

12.10.5 SWOT ANALYSIS

12.10.6 KEY STRATEGIES

13 OTHER PROMINENT PLAYERS IN THE MARKET

13.1 MID-CANADA MOD CENTER

13.2 ROBINSON HELICOPTER COMPANY

13.3 RUAG GROUP

13.4 RUSSIAN НELICOPTERS, JSC

14 APPENDIX

14.1 REFERENCES

14.2 RELATED REPORTS

14.3 LIST OF ABBREVIATION

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