Helicopter Blades Market Dynamics: Key Players, Challenges, and Competitive Landscape
The helicopter blades market was estimated at USD 1,212.5 million in 2016 and is projected to grow at a healthy CAGR of 4.5% during 2017-2022 to reach USD 1,568.4 million in 2022.
Helicopter blades, also known as rotor blades or rotors, are the essential components of a helicopter that enable it to achieve lift and controlled flight. Unlike fixed-wing aircraft, helicopters rely on rotary wings to generate lift and maneuver in various directions. Helicopter blades are attached to the rotor hub, which is connected to the main rotor mast. The rotation of the blades creates lift and allows the helicopter to ascend, descend, hover, and move in any direction.