The Helicopter Blades Market size is estimated at USD 1.06 billion in 2024, and is expected to reach USD 1.31 billion by 2029, growing at a CAGR of 4.23% during the forecast period (2024-2029).
The helicopter blades market is moderately consolidated in nature, with a presence of few players holding significant shares in the market. Some of the key players in the market are Kaman Corporation, The Boeing Company, Erickson Incorporated, Airbus SE, and Lockheed Martin Corporation. Key OEMs are focused on introducing advanced technologies such as additive manufacturing to develop new blades as well as to increase their production rates. Helicopter OEMs are also developing new helicopter models that are expected to further generate demand in the coming years.
For instance, in March 2023, Leonardo S.p.I collaborated with SFM Technology, a UK-based engineering company, and 3D printer manufacturer BigRep, to 3D print key components for the Royal Navy's AugustaWestland AW101 helicopters. The company developed a new main rotor blade restraint cradle measuring 900 x 230 x 160mm.
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