Press release
The Helicopter Market to explode between 2021-2031
A helicopter is also known as chopper in the global market and is rotorcraft in which thrust and lift are supplied by the rotor itself. This thrust and lift allows the helicopter to land and take-off vertically as well as enables the helicopter to fly laterally, forward and backwards. These attributes and advantages allows the helicopter to be used in isolated and congested areas where fixed-wing aircrafts are hard to operate and fly. Rising use of helicopters in transportation, touring, and VIP movement has fuelled the demand for helicopters over the past few years. Helicopters can be employed in emergency situations as well, since they offer enormous maneuverability especially in small space and can reach to any affected area avoiding all the traffic on road as well as any natural calamity such as earthquake and flood.
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Helicopter Market: Dynamics
The global Helicopter market is expected to grow as this flying machines have cost effective maintenance that will positively impact the overall growth of the market. A simple design and usage of minimum moving parts in the Helicopter in comparison with the winged aircrafts and planes is one of the prominent advantages for the increasing adoption of Helicopter in the global aircraft market.
Moreover, the Helicopter has less complicated operation of the engine which gives better reliability. Helicopter is known for long operational life and the working time and overhaul (TBO) for this systems in comparison with the other aircraft engines which have comparatively less TBO.
After analyzing the above factors it shows that the Helicopter have lower maintenance costs than the other aircraft engines in the global market which in turn will boost the overall market growth of helicopters in the global market. The prominent trends for the Helicopter is the execution of improved blade designs to achieve better fuel efficiency and this trends will continue to contribute to the growth of the global Helicopter market over the forthcoming years.
The stable growth in global gross domestic product, stronger urge of travel demand from the global consumers and the relatively lower commodity prices such as crude oil, lubricants, etc. is anticipated to drive the helicopter market over the forecast period.
Helicopter Market: Segmentation
By Helicopter Type
• Light Helicopter (< 4.5 T)
• Medium Helicopter (4.5 to 8.5 T)
• Heavy Helicopter (> 8.5 T)
By Application:
• Military
• Civil & Commercial
By Sales Channel
• OEM (Original Equipment Manufacturer)
• MRO (Maintenance, Repair and Operation)
By Component:
• Main Airframe
• Engine
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Helicopter Market: Key Players
Examples of some of the market participants in the global Helicopter market are:
• Airbus Helicopter Inc. (Airbus Group)
• Lockheed Martin Corporation (Sikorsky)
• Leonardo S.p.A.
• Bell Helicopter Textron Inc.
• MD Helicopters Inc.
• Russian Helicopters, JSC
• Robinson Helicopter Company
• Kawasaki Heavy industries, Ltd.
• Columbia Helicopters
• Boeing Rotorcraft Systems
• Jiangxi Changhe Aviation Industry Co., Ltd.
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