Aircraft Composite Blades Market is Forecasted to Reach 117 Million Units in 2030, Says Stratview Research

The global aircraft composite blades market is projected to witness a growth rate of 4.1% annually from 2024 to 2030, with an anticipated volume of more than 117 million units by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft composite blades market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights

Segment Insights on the Aircraft Composite Blades Market:

The global aircraft composite blades market is segmented based on platform type, material type, process type, and region.

Based on platform type - The aircraft composite blades market is segmented into Military Transport Aircraft, Regional Turboprops, General Aviation, eVTOL, Civil Drones, and Military Cargo Drones. Civil drones will remain the biggest, whereas military cargo drones and eVTOLs are the most rapidly expanding category in the market during the forecast period. Civil drones heavily dominate the market, owing to the millions of units sold yearly. The widespread adoption of civil drones in agriculture, videography, and surveillance has resulted in increased demand for civil drones. Growing regional connectivity is boosting demand for 6-bladed twin-engine turboprops like ATR 72. UAM and military cargo drones are in their early stages of adoption and represent new opportunities for composite blades. Military transport aircraft like the C-130J Super Hercules, Airbus A400M, and Airbus C295 are in high demand. Airbus has expanded its production facility in the Asia-Pacific region.

Based on material type - The market is segmented into Carbon Composites, Glass Composites, and Hybrid Composites. Glass composites dominate in the aircraft composite blades market owing to their wide adoption in the civil drone propellers. In the future, carbon composites are expected to increase as manufacturers focus on increasing strength-to-weight ratio. Glass composites are dominantly used by civil drone propeller manufacturers due to their cost-efficiency and feasibility, as well as their easier and faster manufacturing process, injection molding. The industry is slowly shifting towards carbon composites due to their strength and higher payload lifting capacity. Apart from civil drones, military transport aircraft, region turboprops, and eVTOL blades are mainly manufactured using carbon composites. Several eVTOL programs employ fully carbon composite structures that employ 30-40 composite blades per aircraft.

Based on process type - The market is segmented into Injection Molding, Overmolding+RTM, Overmolding, and Prepreg. Injection molding to be the dominant process, prepreg to record significant growth during the study period. Injection molding dominates civil blade production because it creates highly uniform products. It also significantly reduces vibration, which is important for videography and surveillance. Small blades typically produced by drone manufacturers lack strength and often get damaged, creating a significant aftermarket and replacement demand. Injection molding machines can accommodate more cavities, resulting in additional units per production cycle. Prepreg is forecasted to be the fastest-growing process, as the major eVTOL and military cargo drone manufacturers prefer to manufacture their propeller blades using this process.

To know the most attractive segments, click here for a free sample of the report:

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that the Asia-Pacific region is forecasted to be both the biggest and the fastest-growing region, driven by China’s dominant presence. This growth outlook is majorly attributed to the following–

• Asia-Pacific is likely to generate the highest demand for composite blades owing to the presence of major drone and eVTOL manufacturers in the region.
• China is the leading country with two eVTOL programs, EHang and Autoflight, which have received type certifications. In addition to civil drones, many composite propeller aircraft are also being manufactured in the region; AVIC’s MA700 turboprop and TATA-Airbus C-295 are the ones worth mentioning.
• The region will also generate heavy aftermarket demand for replacement as it hosts a massive fleet of turboprops for general aviation and military transport aircraft.

Aircraft Composite Blades Market Drivers:

Some of the key drivers listed in the report are given below.

·       The rising defense budget

·       Growing applications of general aviation aircraft in agriculture and medical applications

·       Traffic congestion and demand for UAM

·       Growing Urbanization

·       Demand for enhanced regional connectivity.

Top Companies in the Aircraft Composite Blades Market:

It would be fair to say that the market is fairly consolidated, with a few players contributing significantly to it. The leading players in the industry contend with several critical factors, including pricing strategies, service portfolios, regional presence, and other governing parameters. Stratview Research has identified the following companies as the top market players:

• DJI Technology Co., Ltd.
• Hartzell Propeller
• MT-Propeller
• Dowty Propellers
• Collins Aerospace
• EHang Holdings
• DUC Helices Propellers
• Mejzlik Propellers s.r.o
• Joby Aviation Inc.
• Archer Aviation Inc.

What Deliverables Will You Get in this Report?

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Related Reports:

• Aircraft Propulsion Composite Blades Market
• Aeroengine Fan Blades Market

About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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