Helicopter Flight Management System Market Size, Share & Industry Analysis, By Type ( Hardware, Software ), By Application ( Civil Helicopters, Military Helicopters ) and regional Forecast, 2024-2032
KEY MARKET INSIGHTS
The Helicopter Flight Management System Market worldwide is experiencing robust growth, with a noteworthy CAGR projected for the forecast period until 2032. Helicopter flight management system is an internal part of a helicopter that is used to control, operate, and monitor the helicopter operations without the regular supervision of the pilot. It includes different type of helicopter operations that are hydraulic, mechanical, electrical systems, and pneumatic.Technological advancements in flight management system (FMS) helps to reduce the information-management workload and helicopter weight, less power, easy to interact with ATC systems (Air Traffic Control) to avoid accidents. Furthermore, it is also useful in reducing operational costs. FMS helps in improving safety of pilot and helicopter.
Furthermore, key players are focusing development of automatic flight control and guidance system. Technological advancements in electronic flight instrument system and navigation system drive the growth of the market during the forecasts period. In 2019, HAL India introduced new attack helicopter, Rudra for Indian army. The HAL Rudra includes advanced avionics suit that integrates global positioning system (GPS), infrared friend or foe (IFF) identification system, FLIR, HF/UHF communications radio, and doppler navigation.
Market Segmentation:
By type, the market segmented into hardware and software. Based on the application, the market segmented into civil helicopters and military helicopters. From a geographical standpoint, the market categorized into North America, Europe, Asia Pacific, the Middle East, and the rest of the World.
Key Market Driver -
Introduction automatic flight management system drives the growth of the market.
Key Market Restraint -
Malfunctioning of hardware systems and compatibility issue with software hampers the growth of the market.
Key Players Covered:
- Safran (France)
- Cobham Limited (The U.K)
- Curtiss-Wright Corporation (The U.S.)
- GE (The U.S.)
- Garmin Ltd. (The U.S.)
- L3Harris Technologies, Inc. (The U.S.)
- Thales Group (France)
- Honeywell International, Inc. (The U.S.)
- Collins Aerospace, a Raytheon Technologies Corporation Company (The U.S.)
- BAE Systems (The U.K)
- Others
Key Insights
- Development of automatic flight control and guidance system are the latest trends in the helicopter flight management system market.
Regional Analysis:
The helicopter flight management system market is analyzed across four major regions North America, Europe, Asia Pacific, and Rest of the World. At present, North America holds the highest market share in the helicopter flight management system market. Presence of large number of helicopter fleet in the U.S. and highest number of helicopter operators across North America drive the growth of the market. Furthermore, presence of key players such as Curtiss-Wright Corporation, GE, Garmin Ltd., L3Harris Technologies, Inc., and others boosts the growth of market.
Asia-Pacific is estimated to show significant growth in the helicopter flight management system market during the forecast period. The growth is attributed to the growing aviation industry in Asia Pacific. Increasing number of helicopter operators and rising demand of helicopters for variety of applications such as emergency medical services (EMS), search & rescue (SAR), oil & gas, and others propels the growth of the market.
Europe will showcase a healthy growth owing to the presence of large number of helicopter fleets in countries such as France, Germany, the U.K, Russia, and others. Furthermore, presence of key players such as BAE Systems, Thales Group, and others drive the growth of the market across Europe. In the Rest of the World, the market will show moderate growth due to increasing use of helicopters for oil & gas offshore applications.
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Segmentation
ATTRIBUTES | DETAILS |
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By Application |
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Helicopter Flight Management System Market Industry Developments
- In June 2017, Esterline Corporation signed a contract with Airbus Helicopters to supply its CMC Electronics brand Integrated Helicopter Solution for the upgrade of the German Armed Forces’ CH-53GS/GE Sea Stallion helicopters.
- In February 2015, Thales Group signed a contract with the U.S. army for the Flight Management System software modernization of the US Army’s UH-60V Black Hawk Cockpit.
- Ongoing
- 2023
- 2019-2022
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