Market Size of Helicopter Engines Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 24.26 Billion |
| Market Size (2029) | USD 29.75 Billion |
| CAGR (2024 - 2029) | 4.16 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Helicopter Engines Market Analysis
The Helicopter Engines Market size is estimated at USD 24.26 billion in 2024, and is expected to reach USD 29.75 billion by 2029, growing at a CAGR of 4.16% during the forecast period (2024-2029).
- The comprehensive portfolio of applications renders them essential for the military and commercial end-users, thereby driving the demand and subsequent procurement of helicopters from both the military and commercial aviation sectors. Moreover, defense modernization programs also drive the R&D for advanced helicopters and compatible engines.
- Nevertheless, the helicopter engine market is marred by associated high acquisition costs and technical complexities such as maintenance and regulatory challenges related to noise pollution and safety. The emerging emission norms for the aviation sector are anticipated to result in profound changes in the design and architecture of current-generation helicopter engines in the future as the engine OEMs focus on the development of high-performance engines with minimal carbon emissions.
