Global Helicopters Market: Key Highlights
Global Helicopters Market: Key Market Dynamics
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Global Helicopters Market: Regional Overview
The region is witness to create a major role of the adoption of the market in the forecast period. Whereas, the region has the leading manufactures of the market such as Bell Helicopter Textron Inc., Boeing and Lockheed Martin Corporation. Also, the region US is a lucrative market for helicopter OEMs as well as the government is making investments to improve the quality and effectiveness of helicopters.
Hence, the increasing demand for the light transport helicopters in the US is one of the key factor to boost the growth of the helicopters market in the forecast period.
The region is anticipate of play a major role for the growth and developments of the market in the forecast period. Whereas, the countries such as China has growing their budget system for the defense sector of the country. Also, Japan, India and South Korea play a significant role for the market growth in the region.
Hence, the Covid-19 pandemic is creating a major drop for the growth of the market in the region. Also, the impact on the revenues for various helicopter suppliers, and service providers across all markets create an impact to the market such as late delivery, manufacturing shutdown, as well as the limited availability of equipment. These may create a major impact for the market growth in the region.
Global Helicopters Market: Key Players Overview
Boeing is an American multinational corporations, which design, manufactures, and sell airplanes, satellites, and telecommunications equipment. Also, company is the one of the world largest aerospace company as well as leading manufacturer of commercial jetliners, defense, and space and security systems. In 2020, the company had received an order for 24 of its AH-64E Apache Helicopters from Morocco. Hence, the company will build and deliver the new Moroccan Apaches under a contract with the US Army by the US government’s Foreign Military Sales process.
Russian Helicopters JSC is a helicopter design and manufacturing company, which design and manufactures civilian and military helicopters. Whereas, the company product line consists primarily of medium and heavy lift aircraft designed for civilian as well as for the military use. Moreover, in 2019 the company and UTair-Engineering partnered for the development of modified versions of Mi-8/17 helicopters and the maintenance of airworthiness.
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