Press release
Commercial Helicopters market forecast 2023-2032 - major trends, lucrative segments and fastest growing regions
As per The Business Research Company's Commercial Helicopters Opportunities And Strategies Market Report 2023, The global commercial helicopters market reached a value of nearly $28,286.1 million in 2022, having decreased at a compound annual growth rate (CAGR) of -3.0% since 2017. The market is expected to grow from $28,286.1 million in 2022 to $39,057.7 million in 2027 at a rate of 6.7%. The market is then expected to grow at a CAGR of 3.9% from 2027 and reach $47,282.7 million in 2032.The rise in air transportation is expected to drive the growth of the commercial helicopters market during the forecast period. The activity of air transportation enables the conveyance of people, goods and mail via airplanes. Commercial helicopters are rotorcraft used for air transportation that are expressly made and operated to move people or goods from one place to another. For instance, according to the International Air Transport Association (IATA), a Canada-based trade association of the world's airlines, overall air traveler numbers will reach 4.0 billion in 2024, exceeding pre-COVID-19 levels by 103% of the 2019 total. Therefore, the rise in air transportation will contribute to the growth of the commercial helicopters market.
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The commercial helicopters market has experienced a significant trend toward the development of drone taxis, which are autonomous aerial vehicles designed for passenger transportation. These drone taxis offer a futuristic mode of urban air mobility, allowing for efficient and convenient transportation in congested cities. With advancements in technology and regulatory frameworks, drone taxis are poised to revolutionize the transportation industry, by providing a sustainable and time-saving alternative to traditional ground-based modes of travel. For instance, in November 2022, Volocopter, a Germany-based aircraft manufacturer, launched a test electric drone taxi helicopter with eight rotors resembling a large drone. It took off with a passenger on board from the Pontoise-Cormeilles airfield outside Paris, as the company prepares for commercial flights from 2024.
Opportunities -The top opportunities in the commercial helicopters market by type will arise in the medium weight commercial helicopters market, which will gain $5,652.8 million of global annual sales by 2027. The top opportunities in the commercial helicopters market by number of engines will arise in the multi-engine market, which will gain $6,902.8 million of global annual sales by 2027. The top opportunities in the commercial helicopters market by application will arise in the transport market, which will gain $3,304.0 million of global annual sales by 2027. The commercial helicopters market size will gain the most in the USA at $2,626.9 million.
Commercial Helicopters Market Segmentation:
The Commercial Helicopters market is segmented
By Type -
The commercial helicopters market is segmented by type into:
a) Light Weight Commercial Helicopters
b) Medium Weight Commercial Helicopters
c) Heavy Weight Commercial Helicopters.
By Number Of Engines -
The commercial helicopters market is segmented by number of engines into:
a) Single-Engine
b) Multi-Engine.
By Application -
The commercial helicopters market is segmented by application into:
a) Oil And Gas
b) Transport
c) Medical Services
d) Law Enforcement And Public Safety
e) Other Applications.
Major players in the Commercial Helicopters market include Airbus SE, Leonardo SpA, Russian Helicopters, Textron, Lockheed Martin Corporation
The regions covered in the global Commercial Helicopters market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Commercial Helicopters Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Commercial Helicopters Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
………………………………………………………….
20. Competitive Landscape and Company Profiles
21. Key Mergers And Acquisitions
22. Opportunities And Strategies
23. Commercial Helicopters Market, Conclusions And Recommendations
24. Appendix
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