The report presents an in-depth assessment of the Commercial Helicopters including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Commercial Helicopters investments from 2019 till 2024.
The commercial helicopters market is anticipated to grow at a CAGR of above 2% during the forecast period.
The prominent players in the market of commercial helicopters are Airbus SE, Robinson Helicopter Company, Textron Inc., Leonardo S.p.A., and Russian Helicopters. The key players are investing in research and development for manufacturing new types of helicopters integrated with new technologies. For instance, Bell presented futuristic helicopter concept, FCX-001 with morphing main rotor blade tips, a fan-driven anti-torque system, hybridized propulsion, extensive use of glass in the fuselage, gull-wing doors, and the use of augmented reality in the cockpit to control the aircraft. Similarly, MD Helicopters is currently developing MD 6XX, a next-generation helicopter with Genesys Aerosystems IDU-680 cockpit avionics setup, made of glass and Instrument Flight Rules (IFR) capability. This helicopter is expected to be into the market between 2019 and 2020. With such new and advanced helicopter concepts taking shape in the coming years, the competition in the market is expected to be tough.
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Scope of the Report
The study of the commercial helicopter market includes the developments and procurement of new helicopters used in civil and commercial sectors. It includes all the helicopters used for offshore gas & oil exploration, government and VIP transport, HEMS, firefighting and search and rescue operations.
Key Market Trends
Medium Helicopters Segment to Experience the Highest Growth During the Forecast Period
Medium Helicopters segment of the market currently has the highest market share and is expected to grow at the highest CAGR during the forecast period. These helicopters generally have multi-mission capabilities and are suited for lifting operations in rigid environments, including helicopter logging, ski-lift installations, power line construction, and logistical support for remote construction sites. Also, the increasing use of helicopters in the field of fire fighting is another major driving factor for the growth of medium helicopters segment during the forecast period. The leading players are introducing new fire fighting variants of their military medium-lift helicopters due to the growing demand for fire fighting helicopters.
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Asia-Pacific Region to Experience the Highest Growth During the Forecast Period
Asia-Pacific region is anticipated to have the highest growth during the forecast period. The region has witnessed a growth of 4.6% increase in the fleet of the helicopter, with 150 new deliveries registered in 2018 compared to the previous year. The replacement of the aging fleet of helicopters is one of the major driving factors of the commercial helicopter market in this region. For instance, the average fleet age of helicopters in Australia and New Zealand is about over 25 years and 27 years respectively. To ensure operational safety in these countries, their fleet has to be replaced with new and better helicopters. Also, support from the government in China for general aviation has boosted the growth of fleet in China with 73 new deliveries. Such a positive outlook of the region is anticipated to allow the region to grow with the highest CAGR during the forecast period.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Commercial Helicopters Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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