Press release
Helicopter Market Revenue and Regional Forecast by 2027 |Top Key Players Are Airbus Helicopters SAS, Bell Helicopter, Robinson Helicopter Company, Kawasaki
The global helicopter market is touted to register appreciable growth through the forthcoming years, owing to the escalating integration of progressive technologies comprising sensors, IoT, and automated control systems in helicopters.Increasing demand for recreational activities as well as travel and tourism globally is expected to impel the helicopter market size. Despite declining sales and several difficulties faced due to the current COVID-19 pandemic, the helicopter industry is anticipated to grow substantially in the coming years conditioned to containment of the virus and revival of economy.
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As per the latest research by Global Market Insights, Inc., the global helicopter market size is anticipated to surpass USD 39 billion by 2027. This growth is attributed to the surging focus on strategic moves comprising acquisitions, mergers, partnerships, and product launches by prominent market players.
Growing adoption of helicopters in recreational activities coupled with the presence of various leading industry players is propelling the demand for helicopters in the Europe and North America regions. Intensifying investments are being made in the defense sector which is supporting the purchase of latest fleet of helicopter for combat and rescue operations. In 2021. the U.K. reached an agreement with the Pentagon on a $2 billion sale of fourteen Chinook helicopters developed by Boeing Co., along with related helicopter machine guns, mounted engines, radar and missile-jamming equipment.
The engine segment is expected to witness substantial growth over the forecast period owing to the necessity of high-performance engines in helicopters as well as robust investments in research & development by several market players. For instance, in June 2019, Safran Helicopter Engines obtained EASA (European Aviation Safety Agency) certification for Airbus H160 twin-engine helicopter of the Arrano turboshaft.
Major players in the helicopter market comprise Robinson Helicopter Company, Vietnam Helicopter Corporation, Kawasaki Heavy Industries, Lockheed Martin Corporation, Universal Helicopters, Bell Helicopter, Boeing, Md Helicopters, Hindustan Aeronautics Limited (HAL), Mitsubishi Heavy Industries Limited, and Airbus Helicopters SAS.
Key industry players are also going nine yards to increase R&D investments in engines with the growing requirement of these components in the helicopter. For exemplar, in June 2019, Safran Helicopter Engines secured the EASA (European Aviation Safety Agency) certification for the Arrano turboshaft’s Airbus H160 twin-engine helicopter. Driven by such initiatives, the engines segment will depict substantial growth through 2027.
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Partial Chapter of the Table of Content
Chapter 5 Helicopter Market, By Component
5.1 Key trends, by component
5.2 Aerostructures/Airframe
5.2.1 Market estimates and forecast, 2016 - 2027
5.3 Rotary system
5.3.1 Market estimates and forecast, 2016 - 2027
5.4 Engine
5.4.1 Helicopter Market estimates and forecast, 2016 - 2027
5.5 Undercarriage
5.5.1 Market estimates and forecast, 2016 - 2027
5.6 Avionics
5.6.1 Market estimates and forecast, 2016 - 2027
5.7 Cabin interiors
5.7.1 Market estimates and forecast, 2016 - 2027
5.8 Environmental control systems
5.8.1 Market estimates and forecast, 2016 - 2027
5.9 Others
5.9.1 Market estimates and forecast, 2016 - 2027
Chapter 6 Helicopter Market, By End-Use
6.1 Key trends, by end-use
6.2 Commercial
6.2.1 Market estimates and forecast, 2016 - 2027
6.2.2 Transport
6.2.2.1 Market estimates and forecast, 2016 - 2027
6.2.3 Medical Services/Search & Rescue
6.2.3.1 Market estimates and forecast, 2016 - 2027
6.2.4 Offshore sector
6.2.4.1 Market estimates and forecast, 2016 - 2027
6.2.5 Others
6.2.5.1 Market estimates and forecast, 2016 - 2027
6.3 Military
6.3.1 Market estimates and forecast, 2016 - 2027
6.3.2 Reconnaissance
6.3.2.1 Market estimates and forecast, 2016 - 2027
6.3.3 Maritime surveillance
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/helicopter-market
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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