Helicopter Market Growth Analysis by End-Use, Component, Sales Channel and Regional Outlook to 2026

The helicopter market is gaining noteworthy traction on account of increasing defense expenditure by governments worldwide. Several developed and developing countries are investing heavily in the defense sector, in order to showcase substantial aerial dominance.

Generally, helicopters are used across wide range of applications like search and rescue operations, transportation, recreational activities, tourism, agriculture, law enforcement, media, aerial photography, cargo, Emergency Medical Services (EMS), military, and in the construction sector.

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Modern helicopters can easily be modified as per requirement, a key feature that makes them a more desirable option compared to other flying alternatives. To develop more versatile military helicopters, aerospace firms are actively collaborating with defense agencies. Citing an instance, in 2020, Airbus Helicopters joined forces with the French Armament General Directorate (DGA) to initiate a study on enhancing the militarization of H160.

Meanwhile, other factors like technological innovation and developing connectivity abilities like C4ISR could expand the horizon of defense helicopters. The need for upgrading aging helicopter fleets could also stimulate the demand for MROs (maintenance, repair and overhaul). Influenced by these aspects, the helicopter market could cross USD 57 billion by 2026.

The need for design modifications in helicopters, mostly to enhance its operational efficiency, could boost the demand for aerostructure & airframe components over the coming years. Studies suggest that the aerostructure & airframe components segment in helicopter market could observe rampant growth, recording more than 4% CAGR by 2026.

Manufacturer are actively engaging in design modification to enhance product performance. In October 2018, Boeing revealed plans to create a new high-speed Apache gunship that would exhibit a pusher prop on its tail. This upgrade would enable Apache helicopters to remain in service until 2050. The need to change existing airframes and aerostructures due to adverse environmental effects like corrosion and rust could further broaden the prospects of MRO segment in the helicopter market.

Over the past few years, the oil & gas sector has observed significant growth, with new offshore sites being discovered worldwide. Increasing number of mining activities across offshore sites is boosting the deployment of helicopters. In 2019, the offshore segment recorded more than 23% of the overall helicopter market share and is predicted to gross over 4% CAGR within the projected timeframe.

This trend can majorly be observed across the U.S., were oil production, compared to previous, was recorded over 17% more in the year 2018, boiling down to 10.96 million barrels per day. From the overall oil extracted figures, 16% of the produce was registered from offshore activities. Apart from the U.S., other prominent countries catering to the offshore sectors include Iraq, Iran, Saudi Arabia, Kuwait, the UAE, Qatar, Angola, and Algeria.

The MEA helicopter market is projected to record lucrative growth rates by 2026, garnering over 2% CAGR over the estimated period. This growth can be contributed to the dominance of the Organization of the Petroleum Exporting Countries (OPEC) in the region.

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These nations are constantly raising their per day capacity for barrel production to fulfill the ever-increasing demand for crude oil. In order to satisfy growing crude oil demand, extensive offshore mining activities are being commenced across the region which, in turn, is propelling large-scale deployment of helicopters, bolstering MEA helicopter market.

List of Charts & Figures from Helicopter Market Report:

FIG 1    Helicopter market segmentation

FIG 2    Helicopters market, 2015 – 2026 (USD Million)

FIG 3    Helicopters market ecosystem analysis

FIG 4    Helicopters evolution

FIG 5    Growth potential analysis, 2019

FIG 6    Porter’s analysis

FIG 7    PESTEL analysis

FIG 8    SWOT Analysis, Airbus Helicopters S.A.S.

FIG 9    SWOT Analysis, Babcock International Group PLC

FIG 10    SWOT Analysis, Bell Helicopter

FIG 11    SWOT Analysis, CHC Helicopter

FIG 12    SWOT Analysis, Columbia Helicopters

FIG 13    SWOT Analysis, Ehang

FIG 14    SWOT Analysis, Gulf Helicopters

FIG 15    SWOT Analysis, Hindustan Aeronautics Limited (HAL)

FIG 16    SWOT Analysis, Joby Aviation

FIG 17    SWOT Analysis, Kaman Corporation

FIG 18    SWOT Analysis, Karem Aircraft

FIG 19    SWOT Analysis, Kawasaki Heavy Industries, Ltd.

FIG 20    SWOT Analysis, Kitty Hawk

FIG 21    SWOT Analysis, Korea Aerospace Industries, Ltd.

FIG 22    SWOT Analysis, Leonardo S.P.A.

FIG 23    SWOT Analysis, Lilium

FIG 24    SWOT Analysis, Lockheed Martin Corporation

FIG 25    SWOT Analysis, Lufttransport

FIG 26    SWOT Analysis, Md Helicopters, Inc.

FIG 27    SWOT Analysis, Mitsubishi Heavy Industries, Ltd

FIG 28    SWOT Analysis, Neva Aerospace

FIG 29    SWOT Analysis, Opener

FIG 30    SWOT Analysis, Petroleum Helicopters International, Inc.

FIG 31    SWOT Analysis, Robinson Helicopter Company

FIG 32    SWOT Analysis, Russian Helicopters, JSC

FIG 33    SWOT Analysis, The Boeing Company

FIG 34    SWOT Analysis, Universal Helicopters

FIG 35    SWOT Analysis, Vietnam Helicopter Corporation

FIG 36    SWOT Analysis, Volocopter

FIG 37    SWOT Analysis, Workhorse Group

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Helicopter Market Share- Detailed Analysis of Current Industry Figures with Forecasts Growth By 2026

This Global Helicopter report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Helicopters market is projected to record a substantial growth rate over the coming years owing to increased demand for military helicopters and use of helicopters in medical services. Helicopters are used in many fields owing to their speed, versatility as well as their ability to gain access to confined areas. One of the main functions of helicopters is performing safety operations and aerial medical rescues for people located in difficult to reach areas, usually far away from hospitals and urban centers.

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Rising demand for electric environmental control system for mission critical helicopters will also help augment the industry expansion. ECS (environmental control systems) are designed to keep a comfortable thermal environment in the passenger cabin, cockpit, and cargo holds of helicopters and aircraft during ground operations as well as flight modes.

The helicopters market is segmented in terms of end-use, component, sales channel, and regional landscape.

With respect to end-use, the market is divided into commercial and military. The commercial segment is further divided into transport, offshore sector, medical services/search & rescue, and others. Among these, the transport sector is witnessing gains due to increasing VIP movements and rising tourism.

By opting for private helicopter flights, people can automatically avoid standing in long security lines linked with commercial flights, making these vehicles less time consuming and more convenient. Additionally, because of their large windows, they are fit for tourist and sightseeing activities as passengers could easily enjoy the view from above.

The military end-use segment is further bifurcated into maritime surveillance, reconnaissance, and others. The reconnaissance segment is likely to grow due to rising investment for upgradation of existing fleet. The maritime surveillance segment will also witness growth owing to rising geopolitical tension among countries.

The army has a fleet of helicopters that are used to transport its troops, for scouting locations, to evacuate injured people and deliver materials to various locations. The police also use helicopters to assist their team in searches.

Based on component, the market is segmented into undercarriage, aerostructures/airframe, engine, cabin interiors, environmental control system, rotary systems, avionics, and others. Among these, the rotary systems are set to observe growth due to rising demand for twin engine helicopters for fuel saving. Increasing offshore activities are supporting the market growth for undercarriage component segment.

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The major players covered in Helicopter are Airbus Helicopters SAS, Babcock International Group PLC, Bell Helicopter, CHC Helicopter, Columbia Helicopters, Ehang, Gulf Helicopters, Hindustan Aeronautics Limited, Joby Aviation, Kaman Corporation, Karem Aircraft, Kawasaki Heavy Industries, Kitty Hawk

From a regional frame of reference, the Europe helicopters market is set to grow owing to rising collaboration and joint ventures between regional manufacturers to support the rising demand for missiles. The Latin America helicopters market is witnessing growth specially in Mexico and Brazil due to rising offshore wind farming activities.

Table of Content:

Chapter 1. Methodology and Scope

 

Chapter 2. Executive Summary

 

Chapter 3. Helicopter Industry Insights

 

Chapter 4. Competitive Landscape

 

Chapter 5. Helicopter Market, By Component

Chapter 6. Helicopters Market, By End-Use

 

Chapter 7. Helicopters Market, By Sales Channel

 

Chapter 8. Helicopter Market, By Region

 

Chapter 9. Company Profiles

 

Complete report titled at: https://www.marketstudyreport.com/reports/helicopter-market

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Commercial Helicopter Market 2019 Disclosing Latest Trends and Advancement Outlook 2025; Lockheed Martin Corporation (NYSE:LMT), Leonardo S.p.a. (OTC:FINMY)

The Commercial Helicopter Market recently Published Global Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on “Commercial Helicopter Market”.
The report provides information and the advancing business series information in the sector to the exchange. The report gives an idea associated with the advancement of this market development of significant players of this industry. An examination of this Commercial Helicopter market relies upon aims, which are of coordinated into market analysis, is incorporated into the reports.

The global Commercial Helicopter Market was accounted for $8.10 billion in 2017 and the market is projected to grow at a CAGR of around 5.0% during the forecast period 2019 to 2025.

Top Companies in the Global Commercial Helicopter Market are
Airbus Helicopter, Lockheed Martin Corporation (NYSE:LMT), Leonardo S.p.a. (OTC:FINMY), Bell Helicopter Textron, MD Helicopters, Russian Helicopters, Robinson Helicopter Company and Others.

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Rising use of helicopters in transportation, touring, and VIP movement has fuelled the demand for helicopters over the past few years. Helicopters can be employed in emergency situations as well, since they offer enormous manoeuvrability especially in small space and can reach to any affected area avoiding all the traffic on road as well as any natural calamity such as earthquake and flood.

This report segments the market on the basis of Types are Light Helicopter, Heavy Helicopter and Other.

On The basis Of Application, the market is segmented into is Tourism Industry, Oil & Gas Transport and Other.

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Regions covered By Commercial Helicopter Market Report 2019 To 2025 are
North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other).

Impact of the Commercial Helicopter market report is
– Comprehensive evaluation of all opportunities and risks in the market.
– Commercial Helicopter market ongoing developments and significant occasions.
– Detailed study of business techniques for development of the market-driving players.
– Conclusive study about the improvement plot of market for approaching years.
– Top to bottom appreciation of market-express drivers, targets and major littler scale markets.
– Favorable impression inside imperative mechanical and publicize latest examples striking the market.

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