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Market Size – USD 20.17 Billion in 2020, Market Growth – at a CAGR of 10.9%, Market Trends – Increasing geopolitical volatility across the countries
VANCOUVER, BC, CANADA, May 27, 2022 /EINPresswire.com/ -- The global helicopter market size reached USD 20.17 Billion in 2020 and is expected to register a revenue CAGR of 10.9% during the forecast period, according to latest analysis by Emergen Research.
Increasing demand for helicopters for Emergency Medical Services (EMS) and increasing government funding for defense purpose are among some of the key factors driving market revenue growth
Increasing demand for helicopters for Emergency Medical Service (EMS) and increasing government funding for defense purposes are the factors projected to drive market revenue growth during the forecast period. In addition, increasing geopolitical volatility across regions is expected to continue to boost revenue growth of the market going ahead. The global helicopter market is expected to register substantial growth over the forecast period, owing to rise in integration of advanced technologies such as loT, sensors and automated control systems with helicopters.
Market Size – USD 20.17 Billion in 2020, Market Growth – at a CAGR of 10.9%, Market Trends – Increasing geopolitical volatility across the countries
However, reduction in defense budget in developed countries and challenges in designing helicopter systems are factors expected to hamper market revenue growth to some extent during the forecast period.
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Some Key Highlights From the Report
Military segment is expected to grow significantly in terms of revenue contribution to the market over the forecast period owing to increase in defense spending by various countries to strengthen their border security and procure advanced weapons and technologies.
Aftermarket segment is expected to grow rapidly in terms of revenue during the forecast period. Rise in need for replacement components for helicopters are driving growth of the segment.
North America is expected to account for largest revenue share in helicopter market over the forecast period owing to robust presence of major companies including Bell Textron Inc., Bristow Group Inc., and Carson Helicopters Inc., among others, in countries in the region.
Major companies in the market report include Airbus Helicopters SAS, Leonardo S.p.A, Bell Textron Inc., The Boeing Company, JSC Russian Helicopters, Lockheed Martin Corporation, Schweizer Aircraft, Bristow Group Inc., Carson Helicopters Inc, and Robinson Helicopter Company.
In December 2021, The Helicopter Company (THC) signed a second purchase agreement with the Airbus Helicopter. The partnership will contribute in the ongoing expansion of the new journey as a general aviation champion, with twenty orders of the newly launched helicopters, named as five bladed H145 and six ACH160 models.
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Emergen Research has segmented helicopter market on the basis of type, components and system, engine, application, weight, point of sale, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
Component and System Outlook (Revenue, USD Billion; 2018–2028)
Engine Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
Weight Outlook (Revenue, USD Billion; 2018–2028)
Point of Sale Outlook (Revenue, USD Billion; 2018–2028)
Regional Outlook: (Revenue, USD Billion; 2018-2028)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
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The study explores in details about the recent trend fast gaining momentum in the Keyword industry due to factors including but not limited to growing customer preference and a sudden rise in their spending capacity. Aspects attributed to the gross margin, profit, supply chain management and product value and their considerable impact on the development of the Keyword market during the forecast period, 2020 – 2027 is carefully scrutinized during the research.
Key questions addressed in the report:
What market size is the global Helicopter market expected to reach over the forecast period?
Which leading players are operating in the global Helicopter market?
Which factors are expected to hamper global market growth throughout the forecast period?
Which key factors are expected to driver global Helicopter market during the forecast period?
Which application segment is expected to register fastest revenue CAGR over the forecast period?
Which region is expected to register fastest revenue CAGR between 2021 and 2028?
What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
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4.1 Helicopter Market Size by Regions
4.2 Americas Helicopter Market Size Growth
4.3 APAC Helicopter Market Size Growth
4.4 Europe Helicopter Market Size Growth
4.5 Middle East & Africa Helicopter Market Size Growth
9 Market Drivers, Challenges and Trends
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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Helicopter Market Size Worth USD 44.85 Billion in 2028
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