openPR Logo
Press release

Helicopters Market to Reach $39.87 Billion, Globally, by 2031 at 7.3% CAGR

10-25-2022 02:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Analytics LLP

Allied Market Research published a report, titled, "Helicopters Market by Type (Civil and Commercial, Military), by Weight (Lightweight, Medium Weight, Heavy Weight), by Number of Engine (Twin Engine, Single Engine), by Application (Emergency Medical Service, Oil and Gas, Defense, Homeland Security, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global helicopters industry generated $20.36 billion in 2021, and is expected to reach $39.87 billion by 2031, witnessing a CAGR of 7.3% from 2022 to 2031.

Download Report (PDF with Insights, Charts, Tables, Figures) at

 Increase in adoption of advanced helicopters & rotorcrafts by law enforcement and military sectors, surge in demand for aerial imagining, increase in oil & gas exploration activities, and demand for customized and luxurious commercial helicopters drive the growth of the global helicopters market. However, surge in implementation of drones, high cost of operations, and limitation on the range of transportation restrain the market growth. On the other hand, rise for helicopters for tourism purposes, increase in penetration of helicopters for emergency services, and surge in demand for upgrade of helicopter fleets create new opportunities in the coming years.

Based on type, the civil and commercial segment accounted for the largest market share in 2021, contributing to nearly three-fifths of the global helicopters market, and is projected to maintain its lead position during the forecast period. This is due to wide usage of helicopters for transportation for hire of passengers, cargo, and mail. However, the military segment is estimated to witness the largest CAGR of 8.0% from 2022 to 2031, owing to increase in tensions among several nations worldwide and usage of helicopters for conducting aerial attacks on ground targets and transporting troops and supplies.

Interested to Procure The Data? Inquire here at

 North America to maintain its lead status by 2031

Based on region, North America contributed to the highest market share in 2021, holding more than two-fifths of the global helicopters market, and is expected to maintain its lead status by 2031. This is due to increase in production activities of helicopters in the U.S. and upgrade activities of the existing fleets. However, Asia-Pacific is projected to register the fastest CAGR of 10.3% from 2022 to 2031, owing to surge in procurement and development of advanced helicopter systems by several Asian nations such as India, China, Japan, and others.

Leading Market Players

Bell Textron Inc.
Helicopteres Guimbal
Kaman Corporation
Kawasaki Heavy Industries Ltd.
Leonardo SpA
MD Helicopters Inc.
Mitsubishi Heavy Industries Ltd
Robinson Helicopter Company
The Boeing Company

Browse Complete Report at

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Allied Market Research Blog:

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Helicopters Market to Reach $39.87 Billion, Globally, by 2031 at 7.3% CAGR here

News-ID: 2777143 • Views: 188

More Releases from Allied Analytics LLP

AI in Energy Growing Rapidly With Huge Application Scope By 2031
The AI in energy market size was valued at $4 billion in 2021, and is estimated to reach $19.8 billion by 2031, growing at a CAGR of 17.4% from 2022 to 2031. Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems. Specific applications of AI include expert systems, natural language processing, and speech recognition and machine vision. Every industrial environment needs artificial intelligence. The adoption
Smart Flow Meter: Innovation and Product Optimization to Boost Growth
The smart flow meter market was valued at $2.7 billion in 2021, and is estimated to reach $5.4 billion by 2031, growing at a CAGR of 7.4% from 2022 to 2031. The smart flow meter is an electronic instrument that is used to measure the volumetric flow of liquid in the pipes. Intelligent flow meters are also used to measure the velocity of a fluid with ultrasound or other techniques
Solar Lights Industry: A Step to Accelerate Solar Energy
Solar energy in the form of renewable energy is used in solar light. Solar lights absorb solar energy during daytime. Solar energy gets converted into electrical energy by photovoltaic cells, which is stored in the battery. During night-time the lamp starts automatically, and the electricity already stored in the battery gets consumed. The battery gets recharged during daytime and the process keeps repeating every day. Improvement in the storage capacity
With a CAGR 4.9% Sectional Doors Market to Reach $8.5 Billion by 2031
The sectional door market has been expanding rapidly in recent years due to the increasing demand for energy efficiency, convenience, and safety. Sectional doors are available in a variety of styles, sizes, and materials and are used for both residential and commercial applications. As the demand for these products grows, so do the number of companies that offer sectional doors. According to the report, the sectional doors market size was valued

All 5 Releases

More Releases for Helicopter

Civil Helicopter Market to See Huge Growth by 2026 | Airbus Helicopters, Bell He …
HTF MI introduce new research on COVID-19 Global & China Civil Helicopter covering micro level of analysis by competitors and key business segments. The COVID-19 Global & China Civil Helicopter explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing. Some of the
Helicopter Tourism Market Future Growth and Opportunity by 2027- Accretion Aviat …
The helicopter tourism market was valued at US$ 851.9 million in 2018 and is expected to grow at a CAGR of 4.7% from 2019 to 2027 to reach US$ 1,253.9 million by 2027. Sightseeing with the help of helicopters are rapidly gaining interest among the population as it offers an innovative way for exploring a scenic attraction or a vacation spot. Owing to the maneuverability of helicopters in several directions, these
Helicopter Tourism- a Market Worth Observing Growth: Chicago Helicopter Tours, L …
An extensive elaboration of the Global Helicopter Tourism market strategy of the industry players in the precision of import/export consumption, supply and demand. The study starts with an introduction about the company/manufacturers profiling stating strategic concept behind business using methods to assess and analyze market. It also describes player/manufacturers strategy in the light of Porters, Value Chain & SWOT analysis, and based on that recommendation on players is derived like
Civil Helicopter Market 2019-2023 | Competitive Landscape By Bell Helicopter Tex …
Civil Helicopter Market by Engine Type (Single, Twin), by Takeoff Weight (3,175 Kg to 5,700Kg & 5,700Kg to 9,000Kg), by Application (Airborne Law Enforcement, Fire, Forestry & Wildlife Conservation, HEMS, SAR, & Others), & by Region - Forecast Till 2023 Global Civil Helicopter market is estimated to witness a CAGR of more than 4% during the forecast period from 2018 to 2023. The key players in the global civil helicopter market are
Global Civil Helicopter MRO Market 2019 By AgustaWestland, Airbus Helicopters, B …
The global Civil Helicopter MRO market report offers a summary of a substantial number of statistics in the Civil Helicopter MRO market. Data collected in the report highlights the current market trends. Also, it provides the users with the detailed statistics of the global Civil Helicopter MRO market, helping them in planning for competitive business strategies. The global report offers a complete guidance on the recent developments in the global Civil
Global Civil Helicopter Market SWOT Analysis by Key Players:Bell Helicopter Text …
This study focuses on the production side and consumption side of Civil Helicopter, presents the global Civil Helicopter market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Civil Helicopter capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this