Rolls-Royce forecasts a global helicopter market characterised by emerging near-term recovery followed by long-term growth.
Over a ten year period total helicopter deliveries are predicted to be more than 16,400 units, as the market responds to improving civil market fundamentals and the world’s military operators address a growing call for more vertical lift capability. In both segments, demand for replacement of retired and aging helicopters will supplement civil and military market growth.
Rolls-Royce projects deliveries of more than 16,400 new turbine helicopters — valued at $146bn during the 2010-2019 forecast horizon. These helicopters will require approximately 26,000 new turbine engines, valued at approximately $12bn. The civil market will experience modest unit growth, especially in new entry-level turbine helicopters. Rolls-Royce forecasts around 10,300 civil helicopters to be delivered during the ten year period, with an overall airframe value estimated at $38bn and associated engine value of $4.2bn.
Military original equipment manufacturer deliveries are predicted to total approximately 6,100 new military helicopters during the ten year period, with an airframe value of approximately $108bn and an associated installed engine value of around $7.7bn.
Ken Roberts, President of the Rolls-Royce Helicopter Engine business, said: “The industry did not escape the economic downturn in 2009, but we think emerging conditions set the stage for modest growth in the near-term followed by solid long-term demand. The rotorcraft market will continue to be counter-balanced by offsetting civil and military requirements, and stronger macroeconomic conditions are expected to result in increased demand in the future.”