Helicopters Market: Summary
The Global Helicopters Market is projected to reach a value of over USD 41.3 billion by 2027 at a CAGR of around 11%.
The Helicopters is the type of an aircraft, which obtain lift as well as propulsion from one or more sets of horizontally revolving overhead rotors. It use rotating, or spinning, wings which is called as blades to fly. Whereas, it is being used for flying ambulances to carry patients as well as to move troops and get supplies to ships for military forces. Also, it helps to access to remote location, mountain areas and provides faster mobilization than fixed-wing craft.
Hence, it benefits the air transportation to enable the capability to transport goods to the location which is being difficult to access using other means of transportation. These advantages may lead to increase the growth of the helicopters market in the forecast period.
Helicopters Market: Drivers & Restraints
- Growing Demand for Lightweight Helicopters
With the growing demand for lightweight helicopters is witness to fuel the growth of the market in the forecast period. Whereas, in 2019 it has been identified the demand for the light single engine helicopters is growing tremendously in the region such as North America, Asia Pacific, as well as in Middle East and Africa. Also, the growing technological advancement in the defense sector will lead to enhance the helicopter performance and the ability to improve the military and commercial helicopters.
Hence, the operational efficiency as well as the fuel saving are the one of the major focus areas of the helicopter manufactures. Also, the manufacturers are increasing their effort to enhance the capabilities and performance of the helicopter by reducing the overall weight and by making its more cost effectiveness. These may also result to reduce the fuel consumption, hence it projected to enhance the growth of the market in the forecast period.
- Strict Regulatory Rule for the Manufacture
One of the major key concern of the helicopters market is strict regulatory rule for the manufacturing which may restrain the growth of the market. Whereas, aerospace sector is majorly regulated as there is a high risks associated with the flight operations. Also the components as well as the system of the helicopters has to go under several quality check and strict testing to ensure the safety.
Hence, helicopter systems and component has to cross the regulatory specifications of the International Civil Aviation Organization (ICAO) to make sure the safety of helicopter operations as well as the control risks associated with defective components. These may lead to create a challenging factor for the growth of the market in the projected period.
Helicopters Market: Key Segments
- Segmentation based on Engine Type Twin Engine and Single Engine.
- Segmentation based on Type: Military and Civil & Commercial.
- Segmentation based on Application: Attack Helicopters, Transport Helicopters, Observation Helicopters, Utility Helicopters, Maritime Helicopters, Multi-Role Helicopters, Offshore Helicopters and Medical Support Helicopters.
- Segmentation based on Sales Channel: OEM and Aftermarket.
- Segmentation based on Components: Anti-torque Systems, Transmission Systems, Environment Control Systems, Hydraulic Systems, Main Rotor Systems, Avionics, Landing Gear Systems, Filters and Electrical Systems.
- Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.
Helicopters Market: Report Scope
The report on the helicopters market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2021-2027 (2021 estimated year, forecasted up to 2027)
Value (USD Million)
Engine Type, Type, Application, Sales Channel, Components, and Region
North America, Asia-Pacific, Europe, Middle East & Africa, South America
Key Companies Covered
- Kawasaki Heavy Industries Ltd (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- MD HELICOPTERS, INC.
- Russian Helicopters' JSC
- Korea Aerospace Industries Ltd
- Airbus S.A.S.
- Leonardo S.p.A.
- Lockheed Martin Corporation.
- Babcock International Group PLC
- CHC Group LLC
- Other Key Companies
- Gulf Helicopters
- UHI Universal Helicopters.
- Mitsubishi Electric Corporation
- KAMAN CORPORATION
Helicopters Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Helicopters Market, by Engine Type
- Twin Engine
- Single Engine
Helicopters Market, by Type
- Civil & Commercial
Helicopters Market, by Application
- Attack Helicopters
- Transport Helicopters
- Observation Helicopters
- Utility Helicopters
- Maritime Helicopters
- Multi-Role Helicopters
- Offshore Helicopters
- Medical Support Helicopters
Helicopters Market, by Sales Channel
Helicopters Market, by Components
- Anti-torque Systems
- Transmission Systems
- Environment Control Systems
- Hydraulic Systems
- Main Rotor Systems
- Landing Gear Systems
- Electrical Systems
Helicopters Market, by Region
- North America
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions Answered By The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
- Helicopters Market Providers
- Helicopters Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Helicopters Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE HELICOPTERS MARKET STUDY