Helicopter Engine Market – Global Industry Analysis and Forecast (2023-2029)

Global Helicopter Engine Market is anticipated to reach US$ 27.55 Bn by 2029 from US$ 22.24 Bn in 2022 at a CAGR of 3.10% during a forecast period.

Helicopter Engine Market Overview

The reciprocating or piston cylinder engines and gas turbine engines are the two most common types of engines used in helicopters. Reciprocal engines are often employed in smaller helicopters, such as practice helicopters since they are low-cost engines and simple to operate. The need to improve helicopter engine performance has become one of the primary areas of focus for helicopter manufacturers since fuel efficiency helps in lowering helicopter operating costs. Manufacturers thus are creating more efficient new generation helicopter engines.Helicopter Engine MarketTo know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2022 to forecast the market through 2029. Where 2022 is considered a base year to forecast the market from 2023 to 2029. However, 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe.

Helicopter Engine Market Dynamics

The global helicopter engines market is expected to grow due to rise in the usage of a helicopter globally. The helicopter's popularity in the commercial and military sectors has progressively increased. Furthermore, increased demand for helicopters potentially leads to increased manufacturing of new helicopter engines by OEMs in the global helicopter engines market. The tourist industry is another trend in the market. Thus, the global helicopter engines market is expected to grow in response to rising consumer demand for more modern avionics and flying safety. Additionally, the need for helicopters for various military and commercial applications is another primary driver of the market. Government expenditure on military equipment has grown substantially, which is expected to boost global sales of helicopter engines. As a result, the military sector is the primary driver of global market growth. Law enforcement, disaster management, and rescue missions are all common uses for military helicopters. For example, Safran Power Units, a division of Safran Helicopter Engines, specializes in the design and manufacture of civil and military energy systems. Safran Helicopter Engines also has 13 other locations across the world.

Market Segmentation Analysis

By Type, The reciprocating engine held the largest market share of xx% in 2022 and is expected to continue its dominance throughout the forecast period. Reciprocal engines are often employed in smaller helicopters, such as practice helicopters since they are low-cost and simple to operate. Turbine engines are more powerful, which are found in a variety of helicopters. It generates a huge quantity of energy but is more costly. Turbine helicopter engines in the next generation are expected to be more powerful and lighter, utilizing new materials. By Application, in 2022, the military helicopter engines segment generates the most income, followed by commercial helicopter engines. The military benefits provided by helicopters, such as quick response in carrying people and supplies for frontline assistance, as well as their vertical take-off and landing capabilities, enhance their practical usefulness. In addition, these helicopters are deployed in practically any open region in the event of an emergency. As a result, the military uses helicopters more than commercial applications. In 2022, Over 100 military helicopters were sold in Europe. This is due to the growing use of helicopters for a variety of operations, including combat search and rescue and medical evacuation. Military helicopters come in a variety of shapes and sizes, including attack, transport, and multi-mission helicopters.

Regional Insights

North America held the largest market share for helicopter engines in 2022, with the United States being the most important market for helicopter engines. United States' large military expenditures allow for the purchase of modern helicopters by the US military. This may also encourage engine manufacturers to develop new helicopter engines for these aircraft. Consequently, over the forecast period, demand from the United States is expected to drive the share of the North American helicopter engines market. The market in the Asia Pacific is expected to grow at the fastest rate during the forecast period. China is the world's largest market for helicopter engines. In addition to its indigenously built helicopters, China is ordering new helicopters from a variety of international OEMs. The need for helicopter engines is also increasing in Russia. Russian share in the world market for helicopter engines ranges between 10 to 12 percent in 2022. The demand for helicopter engines in the Middle East and Africa is expected to increase steadily during the forecast period.

Helicopter Engine Market Scope: Inquire before buying

Helicopter Engine Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 22.24 Bn.
Forecast Period 2023 to 2029 CAGR: 3.10% Market Size in 2029: US $ 27.55 Bn.
Segments Covered: by Product Reciprocating or piston-cylinder helicopter engines Turbines helicopter engines
by Type Military Helicopter engine Commercial Helicopter engine

Helicopter Engine Market by Region

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Helicopter Engine Market Key Players

1. safran 2. Pratt and Whitney corporation 3. GE Aviation 4. Lycoming 5. Transuport inc 6. Sunrise helicopter Inc 7. Rolls-Royce 8. Winnipeg Aero Space Products 9. Hindustan Aeronautics Limited 10. IHI Corporation 11. Tulsa propulsion Engines 12. United Engine Corporation 13. UL powe Aero Engines 14. Mitubishi heavy Industries limited 15. Kawasaki Heavy Industries 16. Omsk Engine Design Bereau 17. turbomeca 18. MTU Aero Engines Frequently Asked Questions: 1. Which region has the largest share in Global Helicopter Engine Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Helicopter Engine Market? Ans: The Global Helicopter Engine Market is growing at a CAGR of 3.10% during forecasting period 2023-2029. 3. What is scope of the Global Helicopter Engine market report? Ans: Global Helicopter Engine Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Helicopter Engine market? Ans: The important key players in the Global Helicopter Engine Market are – safran, Pratt and Whitney corporation, GE Aviation, Lycoming, Transuport inc, Sunrise helicopter Inc, Rolls-Royce, Winnipeg Aero Space Products, Hindustan Aeronautics Limited, IHI Corporation, Tulsa propulsion Engines, United Engine Corporation, UL powe Aero Engines, Mitubishi heavy Industries limited, Kawasaki Heavy Industries, Omsk Engine Design Bereau, turbomeca, and MTU Aero Engines 5. What is the study period of this market? Ans: The Global Helicopter Engine Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Helicopter Engine Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Helicopter Engine Market 3.4. Geographical Snapshot of the Helicopter Engine Market, By Manufacturer share 4. Global Helicopter Engine Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Helicopter Engine Market 5. Supply Side and Demand Side Indicators 6. Global Helicopter Engine Market Analysis and Forecast, 2022-2029 6.1. Global Helicopter Engine Market Size & Y-o-Y Growth Analysis. 7. Global Helicopter Engine Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Reciprocating or piston-cylinder helicopter engines 7.1.2. Turbines helicopter engines 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Military Helicopter engine 7.2.2. Commercial Helicopter engine 8. Global Helicopter Engine Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Helicopter Engine Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 9.1.1. Reciprocating or piston-cylinder helicopter engines 9.1.2. Turbines helicopter engines 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Military Helicopter engine 9.2.2. Commercial Helicopter engine 10. North America Helicopter Engine Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Helicopter Engine Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Helicopter Engine Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Helicopter Engine Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Helicopter Engine Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Helicopter Engine Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Helicopter Engine Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Helicopter Engine Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Helicopter Engine Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Helicopter Engine Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Helicopter Engine Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Helicopter Engine Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Helicopter Engine Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Helicopter Engine Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Helicopter Engine Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Helicopter Engine Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Helicopter Engine Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Helicopter Engine Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Helicopter Engine Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Helicopter Engine Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Helicopter Engine Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Helicopter Engine Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Helicopter Engine Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Helicopter Engine Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Helicopter Engine Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Helicopter Engine Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Helicopter Engine Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Helicopter Engine Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Helicopter Engine Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Helicopter Engine Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Helicopter Engine Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Helicopter Engine Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Helicopter Engine Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Helicopter Engine Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Helicopter Engine Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type , 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Helicopter Engine Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. GE Aviation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. safran 45.5. Pratt and Whitney corporation 45.6. GE Aviation 45.7. Global Turbines parts 45.8. Transuport inc 45.9. Sunrise helicopter Inc 45.10. Rolls-Royce 45.11. Lycoming 45.12. Winnipeg Aero Space Products 45.13. Hindustan Aeronautics Limited 45.14. IHI Corporation 45.15. Tulsa propulsion Engines 45.16. United Engine Corporation 45.17. UL powe Aero Engines 45.18. Mitubishi heavy Industries limited 45.19. Kawasaki Heavy Industries 45.20. Omsk Engine Design Bereau 45.21. turbomeca 45.22. MTU Aero Engines 46.Primary Key Insights

About This Report

Report ID 114126
Category Automotive and Transportation
Published Date July 2023
Updated Date
  • INQUIRE BEFORE BUYING