Helicopters Market
Helicopters Market is likely to attain a global market value of USD 40.51 billion by 2030, attaining a global CAGR of 3.20% from 2023 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 Helicopters Market 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.
Competitive Analysis
Global Helicopters Market Players are Airbus SAS (Netherlands), 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), and Boeing (US).
Regional Classification
The Latin American, North American, European, Asia-Pacific, Middle Eastern, and African regions are among those where the Helicopter Market 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 Helicopters Market 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.
Helicopters Market Research Report: By Component & System (Airframe and Engine), Type (Military and Civil & Commercial), Application (Civil & Commercial and Military), Point of Sale (OEM and Aftermarket) and Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa) - Forecast to 2030
Related Link:
· Aircraft Leasing Market: Information By Leasing Type (Wet Leasing (Aircraft, Crew, Maintenance and Insurance) and Dry Leasing) By Aircraft Type (Narrow-body, Wide-body and others), By Security Type (Asset-Backed Security (ABS) and Non-ABS) - Forecast till 2030
· Air Ambulance Services Market: Information by Transport Vehicle (Air and Ground), Aircraft Type (Fixed-Wing and Rotary-Wing), Service Model (Community-Based, Hospital-Based and Hybrid), Mission Profile (Inter-Facility Transport, Scene Response and others) and Region (North America, Europe, Asia Pacific and Rest of the World) - Forecast to 2030
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