Press release
Helicopter Market to Experience Significant Growth, Reaching USD 41.2 Billion by 2027
MarketsandMarkets, a leading global market research and consulting company, has released a comprehensive report on the global helicopter market. According to the report, the helicopter market is poised to grow from an estimated USD 30.6 billion in 2022 to USD 41.2 billion by 2027, at a remarkable Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=253467785&utm_source=Openpr&utm_medium=Refferal&utm_campaign=Paid+PR
Key Segments of the Helicopter Market:
Type: The market is segmented into civil and military helicopters, with civil helicopters dominating the market. The growth in demand for air ambulances, law enforcement, and offshore transportation drives the civil helicopter segment.
Application: Key applications include search and rescue, law enforcement, air ambulance, offshore transportation, and military. The offshore transportation segment is expected to witness substantial growth due to increased demand from the oil and gas industry.
Region: The market is segmented into North America, Europe, Asia Pacific, the Middle East, and Rest of the World. North America is the largest market, primarily due to its strong presence of helicopter manufacturers and operators.
Growth Drivers:
Rising Demand for Emergency Medical Services (EMS): The increasing need for air ambulances for medical emergencies is a significant driver for the market.
Surge in Offshore Oil and Gas Exploration: The oil and gas industry's expansion has led to a higher demand for helicopters for offshore transportation.
Military Modernization Programs: Several countries are investing in modernizing their military helicopter fleets, contributing to market growth.
Tourism Industry Growth: The tourism sector's expansion is boosting the demand for civil helicopters for sightseeing tours.
Challenges:
Regulatory Hurdles: Stringent aviation regulations can pose challenges to new entrants and hinder market growth.
Environmental Concerns: The environmental impact of helicopter operations is an increasing concern, necessitating more eco-friendly solutions.
Opportunities:
Technological Advancements: The adoption of advanced technologies, including electric and hybrid helicopters, presents growth opportunities.
Unmanned Aerial Vehicles (UAVs): The integration of UAVs in various applications can create new avenues for the market.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=253467785&utm_source=Openpr&utm_medium=Refferal&utm_campaign=Paid+PR
Key Players:
The report highlights several key players in the helicopter market, including but not limited to:
• Airbus Helicopters
• Bell Textron Inc.
• The Boeing Company
• Leonardo S.p.A.
• Lockheed Martin Corporation
• Russian Helicopters, JSC
• Sikorsky Aircraft Corporation
• Kaman Corporation
• MD Helicopters, Inc.
• Robinson Helicopter Company
MarketsandMarkets' report provides a comprehensive overview of the helicopter market's current status, growth prospects, key drivers, challenges, and opportunities. Industry stakeholders, investors, and enthusiasts can use this information to make informed decisions and stay ahead in this dynamic market.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
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.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. 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.
Permanent link to this press release:
Copy
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 Helicopter Market to Experience Significant Growth, Reaching USD 41.2 Billion by 2027 here
News-ID: 3257631 • Views: …
More Releases from MarketsandMarkets
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Helicopter
Civil Helicopter Market to See Huge Growth by 2026 | Airbus Helicopters, Bell He …
HTF MI introduce new research on COVID-19 Global & China Civil Helicopter covering micro level of analysis by competitors and key business segments. The COVID-19 Global & China Civil Helicopter explores comprehensive study on various segments like opportunities, size, development, innovation, sales and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists both qualitative and quantitative detailing. Some of the…
Helicopter Tourism Market Future Growth and Opportunity by 2027- Accretion Aviat …
The helicopter tourism market was valued at US$ 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…
