Helicopters Market Growth, Analysis, Latest Trends and Forecast till 2027

The helicopters market size is projected to grow from an estimated USD 30.6 billion in 2022 to USD 41.2 billion by 2027, at a CAGR of 6.1% during the forecast period. Rise in demand for lightweight helicopters to drive the growth of the market. Commercialization of UAM and eVTOL, and increasing scope for helicopter aftermarket, serve as an opportunity for the market growth up to 2027.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=253467785

Based on type, the light (less than 3.1 tons) civil & commercial segment is projected to grow at a higher CAGR during the forecast period.

Based on type, the light (less than 3.1 tons) civil & commercial segment is projected to grow at a higher CAGR during the forecast period, from 2022 to 2027. The light weight of these helicopters eases maneuverability and makes them ideal for film shooting, live coverage of news media, training pilots, and transportation of passengers over short distances. The increasing number of applications coupled with the low cost of light helicopters is expected to lead to significant growth in this market in the coming years.

Based on application, the military segment is projected to grow at the highest CAGR in the helicopters market during the forecast period

Factors such as increasing demand for transport helicopters and increased procurement of attack & reconnaissance helicopters for combat activities is responsible for the growth of military segment. Military helicopters, often known as combat helicopters, include attack helicopters and combat support helicopters. Military helicopters are used for ground attack missions, air-to-air combat, and maritime/naval attack by defense forces worldwide. Apart from attacks, they are also used to undertake various operations, including surveillance, observation, search & rescue, evacuating wounded soldiers from the battlefield, firefighting, and other life-saving activities.

Europe is expected to be the fastest-growing region for the helicopters market during the forecast period.

Europe is among the fastest-growing regions for the helicopters market. An increase in helicopter orders for light helicopters across the globe is a major driver for the rise in helicopter deliveries from Europe. In addition, presence of helicopter OEMs and demand to strengthen military capabilities are among the crucial factors anticipated to fuel the regional demand for the helicopters.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=253467785

Major players operating in the helicopters market include Airbus Helicopters SAS (France), Bell Helicopters (US), Lockheed Martin Corporation (US), The Boeing Company (US) and Leonardo S.p.A. (Italy), among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

News also covered: https://www.marketwatch.com/press-release/helicopters-market-worth-412-billion-usd-by-2027-at-cagr-of-61-2022-09-22

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.