Commercial Helicopter Market

Introduction of the Commercial Helicopter Market Report

The demand for advanced technologies and robust systems used in rotary-wing aircraft is expected to further bolster the demand for commercial helicopters. Moreover, the investment in infrastructure facilities by developing nations and the replacement of the existing fleet are the factors responsible for the substantial growth of the market.

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Market Dynamic

Key Drivers and Emerging Trends

The significant factor propelling the growth of the global commercial helicopters market is the increase in the usage of helicopters in various areas, which include medical and emergency rescue services, tourism, offshore helicopter services, and transportation. The industry is also witnessing an increase in the demand for rotorcraft from the oil and gas sector to carry out several offshore applications. Moreover, the vast application base in carrying out public safety, law enforcement, and other parapublic missions. It is witnessed that there has been an increase in the number of replacements of older helicopter fleet owing to various factors, such as performance erosion, high maintenance cost, safety concerns, contracted replacement cycles. In addition, manufacturers are focusing to build helicopters equipped with passenger seats, air conditioning, and better sound proofing capabilities, which is further increasing the demand for commercial helicopters. These factors play a crucial role in augmenting the growth of the global commercial helicopters market.

Restraint in the Commercial Helicopter Market

Factors, such as stringent emission norms and high cost associated to helicopters might restrain the growth of the global commercial helicopter market. Moreover, most of the countries impose huge taxes on commercial helicopters, which is another factor hampering the growth of the market.

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Helicopter Type – Segment Analysis

Based on the helicopter type, the medium segment is anticipated to grow at a faster CAGR over the forecast period. These helicopters are suited for lifting operations in rigid environments, such as ski-lift installations, helicopter logging, power line construction, and logistical support for remote construction sites. Moreover, these helicopters have multi-mission capabilities, which is increasing the use of medium helicopters in the field of firefighting. These factors play a crucial role in augmenting the growth of the medium segment in the global commercial helicopters market.

Application – Segment Analysis

On the basis of the application, the oil & gas segment is projected to grow at a higher CAGR during the forecast period. This is majorly due to the increase in the projects for discovering hydrocarbon deposits below the surface of the earth, which is further growing the demand for helicopters in remote and offshore oil and gas operations. Moreover, the increase in the number of far-offshore deep-water oil exploration & production projects is another factor that is significantly contributing to the growth of the oil & gas segment in the global commercial helicopters market.

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Region – Segment Analysis

Based on the region, the Asia-Pacific region is expected to grow at a higher CAGR over the forecast period. This is mainly attributed to the growing demand for rotorcraft from the tourism industry, investments in indigenous aviation industry, relaxation in airspace restrictions, and development of infrastructure in developing nations, such as Japan, China, and India. Moreover, the increasing number of helicopter replacements to ensure operational safety in these countries is another factor contributing to the growth. Furthermore, countries like China are supporting for general aviation, which is further surging the growth of the commercial helicopters market in the Asia-Pacific region. 

Top Market Players

Various notable players operating in the market include Airbus S.A.S., Enstrom Helicopter Corp., Bell Helicopter Textron Inc., Hindustan Aeronautics Limited, Leonardo S.P.A., Korea Aerospace Industries, Ltd., MD Helicopters, Inc., Russian Нelicopters, JSC, Lockheed Martin Corporation, Robinson Helicopter Company, among others. 

Segments covered in the Report:

The global commercial helicopter market has been segmented on the basis of helicopter type, application, and regions. Based on helicopter type, the market is segmented into light, medium, heavy, and very large. Based on application, the market is segmented into oil & gas, transport, medical devices, law enforcement & public safety, and others 

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Key questions answered in this research report:

• • At what pace is global commercial helicopter market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in commercial helicopter market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global commercial helicopter market?
  • Which helicopter type generated maximum revenues in 2020 and identify the most promising helicopter type during the forecast period?
  • What are the various application areas of global commercial helicopter market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Helicopter Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Airbus S.A.S., Enstrom Helicopter Corp., Bell Helicopter Textron Inc., Hindustan Aeronautics Limited, Leonardo S.P.A., Korea Aerospace Industries, Ltd., MD Helicopters, Inc., Russian Нelicopters, JSC, Lockheed Martin Corporation, Robinson Helicopter Company, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Commercial Helicopter Market by Helicopter Type

• • Light
  • Medium
  • Heavy
  • Very Large

Global Commercial Helicopter Market by Application

• • Oil & Gas
  • Transport
  • Medical Services
  • Law Enforcement & Public Safety
  • Others

Global Commercial Helicopter Market by Region

• • North America Commercial Helicopter Market (Option 1: As a part of the free 25% customization)
    • North America Commercial Helicopter Market by Helicopter Type
    • North America Commercial Helicopter Market by Application
    • US Commercial Helicopter Market All-Up
    • Canada Commercial Helicopter Market All-Up
  • Europe Commercial Helicopter Market (Option 2: As a part of the free 25% customization)
    • Europe Commercial Helicopter Market by Helicopter Type
    • Europe Commercial Helicopter Market by Application
    • UK Commercial Helicopter Market All-Up
    • Germany Commercial Helicopter Market All-Up
    • France Commercial Helicopter Market All-Up
    • Spain Commercial Helicopter Market All-Up
    • Rest of Europe Commercial Helicopter Market All-Up
  • Asia-Pacific Commercial Helicopter Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Commercial Helicopter Market by Helicopter Type
    • Asia-Pacific Commercial Helicopter Market by Application
    • China Commercial Helicopter Market All-Up
    • India Commercial Helicopter Market All-Up
    • Japan Commercial Helicopter Market All-Up
    • Rest of APAC Commercial Helicopter Market All-Up
  • RoW Commercial Helicopter Market (Option 4: As a part of the free 25% customization)
    • RoW Commercial Helicopter Market by Helicopter Type
    • RoW Commercial Helicopter Market by Application
    • Brazil Commercial Helicopter Market All-Up
    • South Africa Commercial Helicopter Market All-Up
    • Saudi Arabia Commercial Helicopter Market All-Up
    • UAE Commercial Helicopter Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Commercial Helicopter Market All-Up

Major Players Operating in the Commercial Helicopter (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Airbus S.A.S.
  • Enstrom Helicopter Corp.
  • Bell Helicopter Textron Inc.
  • Hindustan Aeronautics Limited
  • Leonardo S.P.A.
  • Korea Aerospace Industries, Ltd.
  • MD Helicopters, Inc.
  • Russian Нelicopters, JSC
  • Lockheed Martin Corporation
  • Robinson Helicopter Company