Civil Helicopter Market estimated to witness a CAGR of more than 4% | Leading Players: Bell Helicopter Textron Inc., AVIC Helicopter, Leonardo, MD Helicopters

Market Highlights:

Owing to the impact of the global economic crisis, civil helicopter market had acquired a meager share in the aerospace industry in the past few years. Currently, this market has witnessed a considerable growth, owing to its effectiveness in reaching remote, high altitude, and natural disasters affected areas.

In the recent years, there has been a major focus on allowing helicopters to operate in remote areas and in areas where airports are under development or completely non-existent. In such areas, helicopters are very useful as they have vertical take-off and landing capabilities. Moreover, the increasing demand for offshore transportation and demand for helicopters in Emergency Medical Services (EMS) & law enforcement are some of the major factors driving the market growth.

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/3880

Major Key Players

Bell Helicopter Textron Inc.,
AVIC Helicopter Company,
Airbus Helicopters,
Leonardo Helicopters,
MD Helicopters Inc.,
Korea Aerospace Industries Ltd.,
Hindustan Aeronautics Ltd.,
Enstrom Helicopter Corporation,
Sikorsky Aircraft Corporation,
Russian Helicopters JSC and Robinson Helicopter Company.
Russian Helicopters JSC and Robinson Helicopter Company are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Civil Helicopter Market.

Segmentation:
On the basis of application, the civil helicopter market is segmented into airborne law enforcement, fire, forestry & wildlife conservation, Helicopter Emergency Medical Services (HEMS), Search and Rescue (SAR), and others. Bristow Group has been providing search and rescue services as an essential part of its helicopter services in most of the countries, where it operates. Bristow Group has carried out more than 20,100 SAR missions. During these missions, this group had saved more than 10,700 people, globally, with the help of its crew and helicopters. The company supplies a dedicated SAR helicopter and crew to cover exploration projects in remote areas. It requires precise competency to conduct SAR tasks. Bristow has been a world leader in SAR for years, with skilled pilots and engineers, technical crew, paramedics, and ground crew to conduct SAR operations safely and reliably. Due to such companies and missions across the world, there will always be a need for civil helicopters; this will lead to the market growth over the next few years.

The civil helicopter industry is laidback with the recent crashes of prototypes helicopter models over a few under development programs. These programs include the Bell 525 and the H225 Super Puma fleet programs. In April 2016, Airbus started looking forward to a solution to fixing persistent technical issues with the platform.

Competitive Analysis
The companies compete based on cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide cost-efficient and high-quality civil helicopters, in order to survive and succeed in an intensely competitive market environment. In 2016, the major companies such as Airbus, Bell Helicopter Textron Inc., Boeing, Leonardo S.p.A, Robinson Helicopter Company, and Sikorsky account for approximately 73% of the global market. These companies primarily focus on the implementation of lightweight materials, electric technologies, and robust systems. Although the international players are dominating the market, regional and foreign players with small market shares also have a presence. The international players may strengthen their presence worldwide through acquisitions during the forecast period. It is also forecasted that the improving global economic scenario is fuelling market growth, thereby making it an ideal time to launch new products.

Get a Complete Report @ https://www.marketresearchfuture.com/reports/civil-helicopter-market-3880

Intended Audience
• Helicopter Manufacturers
• Engine manufacturers
• Government as well as Independent Regulatory Authorities

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.