Market Overview:
The market for commercial helicopters was estimated to be worth USD 38752.6 Million by 2030 and therefore is anticipated to increase at a CAGR of 3.2% from 2022 to 2030. The commercial helicopter industry is anticipated to develop as more helicopters are used for Search and Rescue (SAR), law enforcement, Emergency Medical Services (EMS), public safety, as well as firefighting activities. The oil and gas industry is predicted to boost its need for rotorcraft for a variety of marine applications. Several variables, including width, cabinet size, product information, as well as the advancement of operating technology, have a significant impact on the demand for new helicopters.
Market Segmentation:
The industry has been segmented into two categories: airframe plus engine, across the board.
Depending on the System and Component
Various factors, including the point of sale, component and system, application, type, and region, have been used to segment the global Helicopter Market.
Depending on Type
Globally, the industry has been segmented into civil, military, as well as commercial types depending on type.
According to the Application
Depending on the application, the industry has been segmented into civil, commercial, plus military segments around the world.
Based on the Point of Sale
Depending on the point of sale, the industry has been segmented into OEM plus aftermarket segments all over the world.
Considering the Region
The industry has been divided into the Asia-Pacific area, the North American region, the Latin American area, the European area, as well as the Middle East as well as African region depending on the region.
Regional Classification
The Latin American, North American, European, Asia-Pacific, Middle Eastern, and African regions are among those where the Key Helicopter Market Players has been segmented geographically. The North American area now holds the biggest market share in the international market.
As a result of the presence of populous nations like India, China, South Korea, and others that fuel market demand in this area, the Asia-Pacific region holds the greatest industry share in the global market.
Due to its existing, technologically advanced infrastructure, which necessitates more helicopter industry for its continued improvement and thus generates more growth potential in this area, the European region holds the third-largest market share in the international market.
Due to the lack of adequate infrastructure within both Latin America as well as the Middle East and Africa, these two areas have the lowest market shares.
Industry News
In the fields of oil and offshore gas production, helicopter emergency medical services (HEMS), VIP transport, law enforcement, and public safety, commercial and civilian helicopters are being used more and more. Additionally, the two most crucial features taken into account by manufacturers while constructing new-age helicopters are decreased noise and increased speeds. Decreased accident rates, increased travel session efficacy, as well as the cost of ownership of rotorcraft are anticipated to be key factors influencing the market's overall growth.
As leasing choices and leasing businesses proliferate in the industry, operators are expected to have more opportunities to grow their fleet of commercial helicopters. Modern helicopters are being bought by leasing businesses to expand their fleet and adjust for unheard-of market forces. Several of these businesses believe that helicopters are necessary, particularly for personnel in the oil as well as gas sector.
Key Players:
Airbus SAS (Netherlands), Bell Textron Inc. (US), Hindustan Aeronautics Limited (India), Enstrom Helicopter Corporation (US), Korea Aerospace Industries, Ltd (South Korea), Leonardo SpA (Italy), Lockheed Martin Corporation (US), MD Helicopters, Inc. (US), Robinson Helicopter Company (US), Russian Helicopters, JSC (Russia), Aviation Industry Corporation of China (China), Boeing (US).
Related Report:
Global Flight Inspection Market Research Report: Information by Application (Commercial Airports and Defense Airports), Solution (Services and Systems) and Region (North America, Europe, Asia-Pacific, Middle East and the Rest of the World) - Forecast till 2030.
Flight Data Monitoring Market Research Report: Information By Solution (Onboard and On Ground), End User (Fleet Operators, Drone Operators, FDM Service Providers, and Investigation Agencies), Component (FDM Services, FDM Software and FDM Systems) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2030.
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