Press release
Helicopter Market Growth Trend 2026 and Key Players : - Babcock International Group, CHC Helicopter, Gulf Helicopters, Joby Aviation, Kawasaki Heavy Industries, Ltd., Kitty Hawk, Lilium, Lockheed Martin, MD Helicopters, Inc., Mitsubishi Heavy Industries,
Helicopter Market
Generally, helicopters are used across wide range of applications like search and rescue operations, transportation, recreational activities, tourism, agriculture, law enforcement, media, aerial photography, cargo, Emergency Medical Services (EMS), military, and in the construction sector.
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Modern helicopters can easily be modified as per requirement, a key feature that makes them a more desirable option compared to other flying alternatives. To develop more versatile military helicopters, aerospace firms are actively collaborating with defense agencies. Citing an instance, in 2020, Airbus Helicopters joined forces with the French Armament General Directorate (DGA) to initiate a study on enhancing the militarization of H160.
The Major Key Players in the Helicopter Market are as Follows:
Babcock International Group, CHC Helicopter, Columbia Helicopters, EHang (NASDAQ: EH), Gulf Helicopters, Joby Aviation, Kawasaki Heavy Industries, Ltd., Kitty Hawk, Lilium, Lockheed Martin, MD Helicopters, Inc., Mitsubishi Heavy Industries, PHI Inc, Boeing, Volocopter GmbH
Meanwhile, other factors like technological innovation and developing connectivity abilities like C4ISR could expand the horizon of defense helicopters. The need for upgrading aging helicopter fleets could also stimulate the demand for MROs (maintenance, repair and overhaul). Influenced by these aspects, the helicopter market could cross USD 57 billion by 2026.
Helicopters are highly being modified with the aim to develop operational efficiency, resulting in the generation of lucrative growth avenues for aerospace & airframe segment. For instance, in October 2018, aerospace company Boeing unveiled its plans to develop an innovative high-speed Apache gunship, which is likely to have a pusher prop mounted on its tail. The Apache helicopters are expected to stay in service till 2050 with this latest design upgrade. It is estimated that aerostructure & airframe segment will observe a 4% CAGR over 2020-2026.
Need for upgrades in aging helicopters to prolong their lifespan has intensified recently, which has generated profit-making opportunities for MROs. Existing models are being updated by changing or modifying their engines to bring operational improvements. Airframes and aerostructures of existing helicopters are witnessing an upgrade to withstand various environmental effects, including corrosion and rust, which will enhance the potential of MRO segment in helicopter market.
Helicopter market growth is likely to depict a surge from military end-use sector on account of heavy investments in the defense sector. Incorporation of several connectivity capabilities, such as C4IR is likely to incentivize industry growth. Several innovative technologies, such as laser sintering and additive manufacturing are being integrated into helicopters.
Elaborating on the regional perspective, Middle East & Africa is poised to emerge as a vital geographical avenue, given the presence of the Organization of the Petroleum Exporting Countries (OPEC) countries. These nations are playing a major role in satisfying the soaring demand for crude oil by expanding their barrel capacity to raise per day production. This extensive offshore mining involves the need for a widespread helicopter network, which will positively impact the regional helicopter market outlook. It is estimated that MEA helicopter industry will register a CAGR of more than 2% over 2020-2026.
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Escalating demand for crude oil and ongoing advancements in technologies have persuaded several companies to invest in helicopter market. These firms are pursuing various strategies, such as collaborations, expansions, product development to extend their presence globally. For example, Kawasaki Heavy Industries has almost 100 subsidiaries as of 2018 across the world. The superlative competition among numerous companies is anticipated to increase the growth of helicopter market in the years to come.
Some Points From Table Of Content: -
Chapter 4. Competitive Landscape
4.1. Introduction
4.2. Company market share, 2019
4.3. Competitive market analysis, 2019
4.3.1. Airbus
4.3.2. Lockheed Martin
4.3.3. Boeing
4.3.4. Kawasaki Heavy Industries, Ltd.
4.3.5. Hindustan Aeronautics Limited (HAL)
4.3.6. Robinson Helicopter Company
4.3.7. Bell Helicopter
4.3.8. Leonardo S.P.A.
4.3.9. Mitsubishi Heavy Industries, Ltd
4.3.10. Lilium
Chapter 5. Helicopter Market, By Component
5.1. Key trends, by component
5.2. Aerostructures/Airframe
5.2.1. Market estimates and forecast, 2015 - 2026
5.3. Rotary system
5.3.1. Market estimates and forecast, 2015 - 2026
5.4. Engine
5.4.1. Market estimates and forecast, 2015 - 2026
5.5. Undercarriage
5.5.1. Market estimates and forecast, 2015 - 2026
5.6. Avionics
5.6.1. Market estimates and forecast, 2015 - 2026
5.7. Cabin interiors
5.7.1. Market estimates and forecast, 2015 - 2026
5.8. Environmental control system
5.8.1. Market estimates and forecast, 2015 - 2026
5.9. Others
5.9.1. Market estimates and forecast, 2015 - 2026
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/helicopter-market
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