The helicopters market size is expected to grow from USD 30.6 billion in 2022 to USD 41.2 billion by 2027, at a CAGR of 6.1% during the forecast period. The market for helicopters is driven by various factors, such as the increasing demand for lightweight helicopters and replacement of aging military helicopters. How ]ever, delivery backlogs by major OEMsare limiting the overall growth of the market.
The OEM segment of point of sale is estimated to register the highest CAGR of the helicopters market from 2022 to 2027
Based on point of sale, the OEM segment of the helicopters market is estimated to register highest CAGR from 2022 to 2027. High demand for helicopters from commercial and military verticals is driving the growth of OEM segment of helicopters market.The development of next-generation helicopters is another significant factors driving the growth of the OEM market.
The civil & commercial type of helicopters is estimated to account for the largest share of the helicopters market in 2022
Based on type, the civil & commercial segment is estimated to account for the largest share of the helicopters market in 2022. In recent years, the demand for passenger transport, utility missions, and corporate transport has increased significantly. Additionally, the demand for emergency medical services is increasing by the medical support & services sector. These are the driving factors that are leading to the increasing adoption of civil & commercial helicopters of the helicopters market.
North America is estimated to account for the largest share of the helicopters market in 2022
North America is estimated to account for the largest share of the helicopters market in 2022. The aviation and aerospace sectors in the region are growing steadily. This has consequently created a significant demand for helicopters. The growth of the helicopters market in this region is driven by factors such as the increased use of helicopters in the defense sector, largest helicopter fleet size, and the presence of major OEMs.
Break-up of profiles of primary participants in the helicopters market
- By Company Type: Tier 1 – 40%, Tier 2 – 40%, and Tier 3 – 20%
- By Designation: C-Level Executives– 20%, Director Level – 20%, Others– 60%
- By Region: North America –30%, Europe – 10%, AsiaPacific – 50%,Rest of the World?– 10%
Key players in the helicopters market are Airbus Helicopters SAS (France), Bell Helicopters (US), The Boeing Company (US), Leonardo S.p.A. (Italy), Lockheed Martin Corporation (US), Russian Helicopters, JSC (Russia), and Kawasaki Heavy Industries (Japan), among others. These companies provide helicopters in various countries across North America, Europe, Asia Pacific, Latin America andMiddle East & Africa.
The market study covers the helicopters market across segments. It aims at estimating the market size and growth potential of this market across various segments, such as point of sale, OEM?by component & system, type, application, number of engines, and region, after market?by component & system, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons To buy this report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall helicopters market and its subsegments. This report covers the entire ecosystem of the helicopters, and disruptive technologies, such as enhanced flight vision systems (EFVS), autonomous helicopters and hybrid-electric propulsion. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on helicopters offered by top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the helicopters market
- Market Development: Comprehensive information about lucrative markets – the report analyzes the helicopters market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the helicopters market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the helicopters market