Helicopter MRO Market Research Report Forecast till 2025|Size, Share, Revenue Growth

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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

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.

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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.

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.

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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.

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