Advancement in Avionics Boosts the Helicopter Market | Technavio
May 20 2018 - 7:23AM
Business Wire
Technavio’s latest market research report on the global
helicopter market provides an analysis of the most important
trends expected to impact the market during the forecast period.
Technavio foresees an emerging trend as a major factor that
has the potential to significantly impact the market and contribute
to its growth or decline.
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Technavio has published a new market
research report on the global helicopter market from 2018-2022.
(Graphic: Business Wire)
The global helicopter market is expected to grow to USD
31 billion by 2022, according to Technavio analysts. One of the key
factors driving the market’s growth is the advancement in avionics
leading to enhanced safety features. Helicopters usually operate in
remote applications and must comply with both visual flight rules
(VFR) and instrument meteorological conditions (IMC) for
day-and-night operations. These rotorcrafts are often operated at
very low altitudes in visually challenging conditions and
unfamiliar locations that can be stressful for flight crews.
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In this report, Technavio highlights the development of
3D-printed soluble cores for rotorcraft blade prototype tooling as
one of the key emerging trends in the global helicopter
market:
Development of 3D-printed soluble cores
for rotorcraft blade prototype tooling
AM is a process in which digital 3D design data is used to build
a component in layers by depositing material. It allows the use of
different materials such as metals, polymers, and composites. The
advancements in this technique have increased its applications in
aerospace manufacturing, including component manufacturing, making
cores, and prototype tooling.
“A major vendor started using the soluble
core to manufacture the cores required for prototype tooling. These
cores were manufactured within a week and allowed unprecedented
levels of complexity in design. The core was made of soluble
breakaway support and the blade support model was 3D printed with
the thermoplastic material,” says a senior analyst at Technavio for
research on aerospace.
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Helicopter market - segmentation
analysis and forecast
This market research report segments the global
helicopter market into the following applications (military
and civil and commercial) and key regions (the Americas, APAC, and
EMEA).
The military segment held the largest market share in 2017,
contributing to nearly 68% of the market. The market share for this
application is expected to decrease to some extent by 2022.
However, this segment will dominate the global market throughout
the forecast period.
The Americas led the global helicopter market
in 2017, accounting for a market share of more than 42%. This
region is anticipated to grow steadily and dominate the market
throughout the forecast period.
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version on businesswire.com: https://www.businesswire.com/news/home/20180520005030/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com