Helicopter Engine Market Research Report By Product Type (Turboshaft Engines, Turbodiesel Engines, Reciprocating Engines, Hybrid Engines), By Helicopter Class (Light Helicopters, Medium Helicopters, Heavy Helicopters), By Application (Civil and Commercial Aviation, Military and Defense, Search and Rescue, Medical Transport), By Power Output (Below 500 SHP, 500-1,000 SHP, 1,000-2,000 SHP, Above 2,000 SHP), By Fuel Type (Jet Fuel, Diesel, Avgas) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - For

Global Helicopter Engine Market Overview:

As per MRFR analysis, the Helicopter Engine Market Size was estimated at 12.73 (USD Billion) in 2022. The Helicopter Engine Market Industry is expected to grow from 13.27 (USD Billion) in 2023 to 19.23 (USD Billion) by 2032. The Helicopter Engine Market CAGR (growth rate) is expected to be around 4.21% during the forecast period (2024 - 2032).

Key Helicopter Engine Market Trends Highlighted

The Helicopter Engine Market is presently witnessing steady growth owing to factors such as the emergence of new aircraft technologies, rising demands for safety and more efficient products, emerging trends of using single engine helicopters, as well as urban air mobility (UAM). It can be noted that the market holds great potential for expansion in the next decade due to lifting military budgets, growing air tourism and valued enterprises undertaking various commercial and industrial activities by means of helicopters.

Some of the market drivers are the demand for reliable and powerful helicopter engines, improved engine design focusing on emission and fuel solutions, as well the use of modern technology in aircraft engines as a form of government policy. In addition, the demand for advanced engine systems is also mounded by the increasing use of helicopters for search and rescue, ambulance and policing. Also included are recent changes in the Helicopter Engine Market, such as the designs and implementation of AI and autonomous systems to help improve engine efficiency, the use of hybrid and electric power devices to reduce carbon emissions, and the increasing use of UAVs which will, in turn, create new engine demands.

There is also a rising need for specialized and bespoke engine designs with respect to the desired missions, such as operating at high altitudes or operating under inhospitable climatic exigencies.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Helicopter Engine Market Drivers

Rising Demand for Advanced Air Mobility Solutions

The growing need for advanced air mobility solutions, such as urban air taxis and unmanned aerial vehicles (UAVs), is driving the demand for helicopter engines. These aircraft require high-performance engines that are lightweight, efficient, and reliable. The increasing adoption of electric and hybrid propulsion systems in these aircraft is also creating new opportunities for helicopter engine manufacturers. The Helicopter Engine Market Industry is expected to witness significant growth in the coming years due to the rising demand for advanced air mobility solutions.

Expansion of Commercial Helicopter Operations

The expansion of commercial helicopter operations, such as offshore wind farm support, search and rescue, and medical evacuation, is creating a strong demand for helicopter engines. These operations require helicopters that are capable of operating in harsh environments and over long distances. The increasing use of helicopters for tourism and leisure activities is also contributing to the growth of the Helicopter Engine Market Industry.

Advancements in Engine Technology

Recent technological changes in engine technology have brought in greater efficiency, power, and reliability of helicopter engines. The emerging helicopter engines are made from new materials like ceramic matrix composites, which enhance the engine performance and reduce weight. Additionally, the integration of advanced control systems and sensors for use in helicopter engines ensures improved efficiency and safety of helicopter engines. The growth of the Helicopter Engine Market Industry will increase significantly as a result of technological advancement in the development of better helicopter engines that will enable helicopters to perform more heavy duties than before.

Helicopter Engine Market Segment Insights:

Helicopter Engine Market Product Type Insights

The Helicopter Engine Market is segmented into Turboshaft Engines, Turbodiesel Engines, Reciprocating Engines, and Hybrid Engines, based on the Product Type. In 2023, Turboshaft Engines led the Helicopter Engine Market, accounting for a revenue share of more than 65%. The increasing number of applications of helicopters across civil, military, and law enforcement is driving the growth of the turboshaft engines segment. Helicopters are gaining popularity for search and rescue, offshore wind operations, and other specialized missions.The Reciprocating Engines segment will grow at a steady rate over the forecast period due to lower acquisition and maintenance costs compared with other engines. 

The major helicopter manufacturers are shifting towards the use of reciprocating engines in their training and personal helicopters. Owing to the advantages, most of the high-speed, high-performance helicopters are based on reciprocating engines, which creates growth opportunities for the segment. Hybrid Engines are growing in popularity owing to their enhanced fuel efficiency and emission reduction capabilities of reciprocating and turbo engines.In addition to that, the major helicopter manufacturing companies use these engines. Furthermore, the environmental issues and the requirement for an eco-friendly approach to flying would contribute to the hybrid engine market growth. This growth will help the global market to reach a market size of USD 19.23 billion by 2032. The rising number of helicopters in emerging markets, the advent of advanced technologies, and the increasing investments in helicopter manufacturing are the leading factors aiding the growth.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Helicopter Engine Market Helicopter Class Insights

The Helicopter Engine Market is segmented by helicopter class into light, medium, and heavy helicopters. Among these segments, the light helicopters segment is projected to hold the largest market share. Factors such as the increasing demand for light helicopters for law enforcement, medical evacuation, and tourism are driving the growth of this segment. The medium helicopters segment is also expected to witness significant growth due to the rising demand for these helicopters for search and rescue operations, corporate transportation, and offshore oil and gas exploration.The heavy helicopters segment is projected to grow at a steady pace, driven by the demand for these helicopters for military applications, disaster relief operations, and heavy-lift operations. In 2023, the light helicopters segment accounted for approximately 45% of the Helicopter Engine Market revenue, while the medium and heavy helicopters segments accounted for 30% and 25%, respectively.

Helicopter Engine Market Application Insights

The Helicopter Engine Market segmentation by Application includes Civil and Commercial Aviation, Military and Defense, Search and Rescue, and Medical Transport. The Civil and Commercial Aviation segment held the largest market share in 2023, accounting for over 50% of the Helicopter Engine Market revenue. The Military and Defense segment is expected to witness significant growth over the forecast period, driven by increasing defense spending and modernization programs. The Search and Rescue segment is also expected to grow steadily, supported by the rising demand for emergency medical services and disaster relief operations.The Medical Transport segment is anticipated to gain traction due to the growing need for efficient and timely medical transportation services.

Helicopter Engine Market Power Output Insights

The Helicopter Engine Market is segmented by Power Output into Below 500 SHP, 500-1,000 SHP, 1,000-2,000 SHP, and Above 2,000 SHP. The 500-1,000 SHP segment held the largest market share in 2023 and is projected to continue to dominate the market throughout the forecast period. This is due to the increasing demand for light and medium-lift helicopters, which typically use engines in this power range. The Below 500 SHP segment is expected to witness significant growth over the forecast period, driven by the growing demand for unmanned aerial vehicles (UAVs) and small helicopters.The 1,000-2,000 SHP segment is also expected to grow steadily, driven by the increasing demand for heavy-lift helicopters. The Above 2,000 SHP segment is expected to account for a smaller share of the market, but is expected to grow moderately over the forecast period.

Helicopter Engine Market Fuel Type Insights

The Helicopter Engine Market is segmented by Fuel Type into Jet Fuel, Diesel, and Avgas. In 2023, the Jet Fuel segment accounted for the largest share of the market and is expected to continue to dominate the market throughout the forecast period. The increasing demand for helicopters in both commercial and military applications is driving the growth of the Jet Fuel segment. Diesel and Avgas segments are also expected to witness significant growth over the forecast period due to their increasing adoption of light helicopters and unmanned aerial vehicles (UAVs).The Helicopter Engine Market is expected to reach USD 19.23 billion by 2032, exhibiting a CAGR of 4.21% during the forecast period from 2024 to 2032.

Helicopter Engine Market Regional Insights

The regional segmentation of the Helicopter Engine Market offers insights into the market's geographical spread and performance across different regions. North America is projected to dominate the market, driven by robust demand from the military and increasing investments in commercial helicopter operations. Europe holds a significant market share, fueled by growing tourism and offshore wind energy activities. The APAC region is anticipated to grow at a substantial pace due to expanding commercial aviation and military modernization programs.South America and MEA are expected to witness steady growth, influenced by increasing economic activities and rising demand for helicopters in various sectors. By 2028, the Helicopter Engine Market is estimated to reach a valuation of USD 16.82 billion, with a CAGR of 4.3%.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Helicopter Engine Market Key Players And Competitive Insights:

Major players in the Helicopter Engine Market industry are constantly striving to gain a competitive edge by introducing new technologies and expanding their product portfolios. Leading Helicopter Engine Market players are focusing on research and development to improve the efficiency, performance, and safety of their engines. Mergers and acquisitions are also prevalent in the Helicopter Engine Market as companies seek to consolidate their market position and gain access to new technologies. The Helicopter Engine Market development is driven by increasing demand for helicopters in both commercial and military applications. 

Key players in the Helicopter Engine Market are investing heavily in research and development to meet the growing demand for more efficient and reliable engines.General Electric is a leading provider of helicopter engines, with a wide range of products for both commercial and military applications. The company's helicopter engines are known for their reliability, performance, and fuel efficiency. General Electric is also a major player in the development of new helicopter engine technologies, such as electric and hybrid propulsion systems.Safran Helicopter Engines is another major player in the Helicopter Engine Market. 

The company's helicopter engines are used in a wide range of applications, including commercial, military, and law enforcement. Safran Helicopter Engines is known for its innovative design and manufacturing techniques, which have resulted in some of the most advanced helicopter engines on the market. The company is also a major supplier of helicopter engine maintenance and support services.

Key Companies in the Helicopter Engine Market Include:

• Aeropower International


• Allison


• General Electric


• Safran Helicopter Engines


• Turbomeca


• Rotec Engineering


• Rolls-Royce


• Pratt Whitney Canada


• Lycoming


• Honeywell


• Vector Engine Corporation


• Kawasaki Heavy Industries


• MTU Aero Engines

Helicopter Engine Market Industry Developments

The Helicopter Engine Market is projected to reach USD 19.23 billion by 2032, exhibiting a CAGR of 4.21% during the forecast period (2024-2032). The growth of the market is attributed to the increasing demand for helicopters in various applications such as military, law enforcement, and search and rescue operations. Additionally, the rising adoption of advanced technologies, such as electric and hybrid propulsion systems, is expected to drive market growth.Recent developments in the helicopter engine market include the introduction of new engine models with improved fuel efficiency and power output. 

For instance, in 2023, Safran Helicopter Engines launched the Aneto-1X engine, which is designed to power the next generation of light single-engine helicopters. Moreover, governments worldwide are investing in modernizing their helicopter fleets, which is expected to create significant growth opportunities for the helicopter engine market.

Helicopter Engine Market Segmentation Insight

Helicopter Engine Market Product Type Outlook

• Turboshaft Engines


• Turbodiesel Engines


• Reciprocating Engines


• Hybrid Engines

Helicopter Engine Market Helicopter Class Outlook

• Light Helicopters


• Medium Helicopters


• Heavy Helicopters

Helicopter Engine Market Application Outlook

• Civil and Commercial Aviation


• Military and Defense


• Search and Rescue


• Medical Transport

Helicopter Engine Market Power Output Outlook

• Below 500 SHP


• 500-1,000 SHP


• 1,000-2,000 SHP


• Above 2,000 SHP

Helicopter Engine Market Fuel Type Outlook

• Jet Fuel


• Diesel


• Avgas

Helicopter Engine Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa