Helicopter Blades Market: Global Industry Analysis and Forecast 2017-2022
The helicopter blades market was valued at US$ 1,212.5 million in 2016 and is projected to grow at a healthy CAGR of 4.5% over the next five years to reach US$ 1,568.4 million in 2022.
Increasing delivery of helicopters, advancement in blade technology such as electric tail rotor systems, a continuous shift from heavy metal blades to lightweight composite blades, and rising helicopter fleet size are major growth drivers of the helicopter blades market.
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