Helicopters Market Opportunities, Business Demands, Emerging Audience, Analysis and Forecast 2030
Research Reports
May 16, 2023
Helicopters Market Insights
According to MRFR analysis, the Global Helicopters Market is expected to register a CAGR of 3.20% from 2023 to 2030 and hold a value of over USD 40.51 billion by 2030.
The Global Helicopters Market refers to the worldwide market for the design, manufacture, and sale of helicopters. This market encompasses all types of helicopters, including military and civilian models, and includes both new and used helicopters. The market is influenced by a range of factors such as technological advancements, economic conditions, government regulations, and defense budgets.
The COVID-19 pandemic had a significant impact on the global Helicopters Market. The pandemic has resulted in reduced demand for air travel, including helicopter operations, as many people have been hesitant to travel due to health and safety concerns. This has led to a decrease in demand for new helicopters.
Many helicopter manufacturers had to temporarily suspend their production activities due to supply chain disruptions and reduced demand. This has caused delays in the delivery of helicopters to customers.
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Regional Analysis
North America is currently the largest region of the global Helicopters Market, accounting for a significant share of the market in terms of both revenue and volume. The region has a large number of helicopter manufacturers, operators, and service providers, as well as a well-established regulatory framework and advanced infrastructure.
The United States is the largest market for helicopters in North America, with a strong presence of leading helicopter manufacturers such as Bell Helicopter Textron, Sikorsky Aircraft Corporation, and Airbus Helicopters. The country has a large fleet of helicopters, which are used for various applications such as emergency medical services, search and rescue, law enforcement, and military operations.
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Market Segmentation
The Global Helicopters Market has been segmented into type, application and point of sale.
Based on the type, the market has been segmented into military and civil and commercial.
Based on the application, the market has been segmented into Civil & Commercial and Military.
Based on the point of sale, the market has been segmented into OEM and aftermarket.
Key Players
Some of the key market players are:
- Boeing (US)
- Aviation Industry Corporation of China (China)
- Russian Helicopters
- Robinson Helicopter Company (US)
- Lockheed Martin Corporation (US)
- Leonardo SpA (Italy)
- Korea Aerospace Industries Ltd. (South Korea)
- Enstrom Helicopter Corporation (US)
- Hindustan Aeronautics Limited (India)
- Textron Inc. (US)
- Airbus SAS (Netherlands)
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