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Commercial Helicopters Market Competitive And Growth Analysis 2024 - Major Players, High Growth Strategies And Opportunities | Airbus SE, Leonardo SpA, Russian Helicopters, Textron, Lockheed Martin Corporation, Kawasaki Heavy Industries Ltd
Commercial Helicopters Global Market Report
The Business Research Company presents an extensive market research report on the Commercial Helicopters Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The commercial helicopters market size has grown exponentially in recent years. It will grow from $31.98 billion in 2023 to $39.89 billion in 2024 at a compound annual growth rate (CAGR) of 24.7%. The growth in the historic period can be attributed to increased use of helicopters in search and rescue (sar), growing demand for air ambulance services, government support and rising number of tourist destinations.
The commercial helicopters market size is expected to see steady growth in the next few years. It will grow to $47.69 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to rising demand for air taxi, rise in air transportation, increasing commercial aircraft orders, growth in offshore oil and gas industry and growing urbanization . Major trends in the forecast period include development of drone taxis, development of uav commercial helicopters, use of artificial intelligence technology, product innovations, use of internet of things (iot), development of hybrid-electric demonstrator for commercial missions, strategic partnerships and collaborations and development of flying laboratories to test next generation of innovations.
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Key Market Players:
Major companies operating in the commercial helicopters market report are Airbus SE, Leonardo SpA, Russian Helicopters, Textron, Lockheed Martin Corporation, Kawasaki Heavy Industries Ltd, Aviation Industry Corporation of China (AVIC), Robinson Helicopter Company, MD Helicopters Inc, Kaman Corporation, Airbus Helicopters India Pvt Ltd, Bell Helicopter India, Eurocopter India Pvt Ltd, HAL, Indian Rotorcraft, Indocopters, Mahindra, Ramco, TataCitic Offshore Helicopter (COHC), China Flying Dragon General Aviation, China Southern Zhuhai Helicopter Company, Reignwood, Sichuan Xilin Fengteng, China Eastern GA, Citic Offshore Helicopter (COHC), Aerospeed Ltd, Aeroventure Museum, Air Alderney, Air Harrods Ltd, Airwork (Helicopters) Ltd, Atlas Helicopters, Avincis Group, Babcock International, Bond Aviation Group, Boscombe Down Aviation Collection, Bournemouth Helicopters Ltd, Brintel Helicopters, Bristow, British Airways Helicopters, British Caledonian Helicopter, British European Airways, British Executive Air Services, Kazan Helicopters, Mil Moscow Helicopter Plant, Kamov Design Bureau, Motor Sich JSC, Antonov State Enterprise, Brantly International, the Boeing Company, Magellan Aerospace, Northstar Aerospace Inc, Bombardier Inc, Era Group Inc, Vector Aerospace, Flapper, Helibras, Turkish Aerospace Industries Inc., Gulf Helicopters Company (GHC), Ayezan E Gistics Llc, Transworld Aviation FZE, Abu Dhabi Aviation.
Market Drivers:
Rising usage of helicopters in emergency medical services (EMS), search and rescue (SAR), and firefighting operations is expected to drive the growth of the commercial helicopters market. Air EMS creates a significant part of the medical transport system that assists in shuttling patients, equipment, supplies, and medical personnel throughout the medical network for time-critical emergency transport as well as long-distance scheduled transfers. According to the MIT International Center for Air Transportation (ICAT), air ambulances transport approximately 400,000 patients by rotary-wing and 150,000 by fixed-wing aircraft each year in the USA, compared to 36 million transported by ground. Thus, the ever-increasing number of helicopters in EMS is one of the key drivers for the growth of the commercial helicopters market.
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https://www.thebusinessresearchcompany.com/report/commercial-helicopters-global-market-report
The commercial helicopters market covered in this report is segmented -
1) By Type: Light-Weight Commercial Helicopter, Medium-Weight Commercial Helicopter, Heavy-Weight Commercial Helicopter
2) By Number Of Engines: Single-Engine, Multi-Engine
3) By Application: Oil And Gas, Transport, Medical Services, Law Enforcement And Public Safety, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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