Helicopter Market

Helicopter Market by Types (Civil & Commercial and Military), Applications (Emergency Medical Service (EMS), Corporate Services, Search and Rescue Operations, Oil & Gas, Defense, Homeland Security, and Others), Systems (Airframe, Engine, Avionics, Landing Gear System, and Cabin Interiors), Point of Sales (OEMs and Aftermarket), and Regions (Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: CM-587
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 1
  • No. Of Pages: 175
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  • Pub. Date: Upcoming
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The global helicopter market size was around USD 20 billion in 2020, expanding at a CAGR of 10.5% during the forecast period, 2021– 2028. The growth of the market is attributed to the increasing demand for low-weight helicopters and emergency medical services (EMS) helicopters.

Helicopter Market Key Takeaways

Helicopter, also known as chopper, is an aircraft that have horizontally rotating blades, which provide propulsion and lift to it. This enables helicopters to take off and fly back and forth. It can reach high-altitude places more quickly than ground vehicles. EMS providers use helicopters to rescue patients and provide immediate treatment, increasing their chances of survival in critical situations.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing penetration of Internet of Things (IoT), Artificial Intelligence (AI), and big data analytics in military combat helicopters have helped to create real time data-based systems. Thus, ongoing advancement is anticipated to spur the market growth.
  • Rising urbanization, rapid growth in the transportation industry, rising government spending in the tourism sector, growing offshore oil and gas industry are some of the key drivers driving the helicopter market.
  • Development, integration and maintenance of metrological systems across various platforms increase the operational costs of companies, hindering the market growth.
  • Urban air mobility is a concept that combines helicopter’s electric-hybrid engine technologies and autonomous flight for inter-and intra-city mobility. These electric helicopters, also known as electric vertical take-off and landing (e-VTOL) aircraft, is expected to reduce noise and air pollution, creating remunerative opportunities for the market.

Scope of the Report

The report on the global helicopter market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Helicopter Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Civil & Commercial and Military), Applications (Emergency Medical Service (EMS), Corporate Services, Search and Rescue Operations, Oil & Gas, Defense, Homeland Security, and Others), Systems (Airframe, Engine, Avionics, Landing Gear System, and Cabin Interiors), and Point of Sales (OEMs and Aftermarket)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Airbus SAS, Bell Helicopter Textron, The Boeing Company, Leonardo Spa, Lockheed Martin Corporation, Russian Helicopters, LSC, Kawasaki Heavy Industries, MD Helicopters, Inc., Korean Aerospace Industries, Ltd., Hindustan Aeronautics Limited, Robinson Helicopter Company, Other Players


Global Helicopter Market Segment Insights

Civil & Commercial segment to account for a large market share
Based on types, the market is bifurcated into civil & commercial and military. In 2020, the civil & commercial segment accounted for majority of the market. Growing demand for EMS helicopters, offshore applications, and corporate services is driving the market segment. Increasing use of commercial helicopters in the inspection and maintenance of offshore oil rigs is anticipated to proliferate the demand for commercial helicopters in the oil & gas and offshore industries.

Helicopter Market By Types

Emergency Medical Service (EMS) segment to account a key share
On the basis of applications, the market is divided into EMS, corporate services, search and rescue operations, oil & gas, defense, homeland security, and others. The EMS segment to account for a key market share during the forecast period. Increasing demand for medical services during natural calamities is driving the segment growth.

Engine segment to grow at a robust rate
In terms of systems, the market is segregated into airframe, engine, avionics, landing gear system, and cabin interiors. The engine segment is expected to dominate the market share during the projected period. This is attributed to advancement in hybrid-based engine technology as well as investments in single-engine maintenance, repair, and overhaul (MRO) services.

OEMs segment to acquire a large market share
Based on point of sales, the market is divided into OEMs and aftermarkets. The OEMs segment is expected to acquire a large market share of the helicopter market. Increasing demand for technologically advanced military and civil helicopters in Asia Pacific-based countries, particularly China and India, has resulted in the growth of the market segment.

North America to dominate the market
Based on regions, the market is segregated into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to hold a dominant position in the projected timeline. Growing government investment to strengthen the military fragment and early adoption of latest technologies are driving the regional market growth.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Helicopter Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Helicopter Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Helicopter Market - Supply Chain
  4.5. Global Helicopter Market Forecast
     4.5.1. Helicopter Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Helicopter Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Helicopter Market Absolute $ Opportunity
5. Global Helicopter Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Helicopter Market Size and Volume Forecast by Types
     5.3.1. Civil & Commercial
     5.3.2. Military
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Helicopter Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Helicopter Market Size and Volume Forecast by Applications
     6.3.1. Emergency Medical Service (EMS)
     6.3.2. Corporate Services
     6.3.3. Search and Rescue Operations
     6.3.4. Oil and Gas
     6.3.5. Defense
     6.3.6. Homeland Security
     6.3.7. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Helicopter Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Helicopter Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Helicopter Demand Share Forecast, 2019-2026
8. North America Helicopter Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Helicopter Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Helicopter Market Size and Volume Forecast by Types
     8.4.1. Civil & Commercial
     8.4.2. Military
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Helicopter Market Size and Volume Forecast by Applications
     8.7.1. Emergency Medical Service (EMS)
     8.7.2. Corporate Services
     8.7.3. Search and Rescue Operations
     8.7.4. Oil and Gas
     8.7.5. Defense
     8.7.6. Homeland Security
     8.7.7. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Helicopter Demand Share Forecast, 2019-2026
9. Latin America Helicopter Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Helicopter Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Helicopter Market Size and Volume Forecast by Types
     9.4.1. Civil & Commercial
     9.4.2. Military
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Helicopter Market Size and Volume Forecast by Applications
     9.7.1. Emergency Medical Service (EMS)
     9.7.2. Corporate Services
     9.7.3. Search and Rescue Operations
     9.7.4. Oil and Gas
     9.7.5. Defense
     9.7.6. Homeland Security
     9.7.7. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Helicopter Demand Share Forecast, 2019-2026
10. Europe Helicopter Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Helicopter Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Helicopter Market Size and Volume Forecast by Types
     10.4.1. Civil & Commercial
     10.4.2. Military
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Helicopter Market Size and Volume Forecast by Applications
     10.7.1. Emergency Medical Service (EMS)
     10.7.2. Corporate Services
     10.7.3. Search and Rescue Operations
     10.7.4. Oil and Gas
     10.7.5. Defense
     10.7.6. Homeland Security
     10.7.7. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Helicopter Demand Share Forecast, 2019-2026
11. Asia Pacific Helicopter Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Helicopter Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Helicopter Market Size and Volume Forecast by Types
     11.4.1. Civil & Commercial
     11.4.2. Military
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Helicopter Market Size and Volume Forecast by Applications
     11.7.1. Emergency Medical Service (EMS)
     11.7.2. Corporate Services
     11.7.3. Search and Rescue Operations
     11.7.4. Oil and Gas
     11.7.5. Defense
     11.7.6. Homeland Security
     11.7.7. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Helicopter Demand Share Forecast, 2019-2026
12. Middle East & Africa Helicopter Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Helicopter Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Helicopter Market Size and Volume Forecast by Types
     12.4.1. Civil & Commercial
     12.4.2. Military
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Helicopter Market Size and Volume Forecast by Applications
     12.7.1. Emergency Medical Service (EMS)
     12.7.2. Corporate Services
     12.7.3. Search and Rescue Operations
     12.7.4. Oil and Gas
     12.7.5. Defense
     12.7.6. Homeland Security
     12.7.7. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Helicopter Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Helicopter Market: Market Share Analysis
  13.2. Helicopter Distributors and Customers
  13.3. Helicopter Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Airbus SAS
     13.4.2. Bell Helicopter Textron
     13.4.3. The Boeing Company
     13.4.4. Leonardo Spa
     13.4.5. Lockheed Martin Corporation
     13.4.6. Russian Helicopters
     13.4.7. LSC
     13.4.8. Kawasaki Heavy Industries
     13.4.9. MD Helicopters, Inc.
     13.4.10. Korean Aerospace Industries, Ltd.
Segments Covered in the Report:
The global helicopter market has been segmented based on

Types
  • Civil & Commercial
  • Military
Applications
  • Emergency Medical Service (EMS)
  • Corporate Services
  • Search and Rescue Operations
  • Oil and Gas
  • Defense
  • Homeland Security
  • Others
Systems
  • Airframe
  • Engine
  • Avionics
  • Landing Gear System
  • Cabin Interiors
Point of Sales
  • OEMs
  • Aftermarket
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Airbus SAS
  • Bell Helicopter Textron
  • The Boeing Company
  • Leonardo Spa
  • Lockheed Martin Corporation
  • Russian Helicopters
  • LSC
  • Kawasaki Heavy Industries
  • MD Helicopters, Inc.
  • Korean Aerospace Industries, Ltd.
  • Hindustan Aeronautics Limited
  • Robinson Helicopter Company

Some of the leading manufacturers in the global helicopter market are Airbus SAS, Bell Helicopter Textron, The Boeing Company, Leonardo Spa, Lockheed Martin Corporation, Russian Helicopters, LSC, Kawasaki Heavy Industries, MD Helicopters, Inc., Korean Aerospace Industries, Ltd., Hindustan Aeronautics Limited, Robinson Helicopter Company, Other Players.

In June 2020, Morocco placed an order for 24 AH-64E Apache helicopters. The company has a contract with the US Army to produce and deliver the Moroccan Apaches.

In June 2020, Lockheed Martin Corporation inked a USD 375 million contract with the Indian Navy. The company is expected to customize hardware and software of 24 Sikorsky MH-60R anti-submarine warfare rotary-wing aircraft as part of this deal.

 Helicopter Market By Key Players

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