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Helicopters Market worth $46.71 billion by 2030, growing at a CAGR of 6.50% - Exclusive Report by 360iResearch
Helicopters Market | 360iResearch
The Global Helicopters Market to grow from USD 30.05 billion in 2023 to USD 46.71 billion by 2030, at a CAGR of 6.50%.
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Helicopters, also known as rotorcraft, are vertical takeoff and landing (VTOL) aircraft distinguished by their capability to hover, take off, and land vertically. Helicopters do not require a runway, allowing them to operate in constrained locations, including dense urban environments, remote areas, and onboard vessels. The aviation industry encompasses various aircraft, with helicopters serving varied purposes across commercial, military, and civil domains. Helicopters have been instrumental in diverse applications ranging from executive transport, search and rescue operations, medical emergencies, and tourism to critical military missions. However, the high cost of acquisition, operation, and maintenance may adversely impact the use of helicopters. Moreover, Technological innovations in avionics, propulsion systems, and material sciences have propelled the industry forward by improving helicopters' safety, efficiency, and performance.
The helicopter market represents a growing landscape in the Americas owing to the robust aerospace infrastructure, significant defense spending with a substantial allocation for rotary-wing aircraft, and a high demand for corporate and emergency medical services (EMS) helicopters. Europe's helicopter market is heavily influenced by its defense sector in countries such as the United Kingdom, France, Germany, and Italy. The Middle East and Africa region's helicopter market is characterized by their growing investment in military and VIP transport helicopters. The Asia-Pacific region's helicopter market is fostered by expanding economies, increasing defense budgets, and growing General Aviation (GA) infrastructure. Countries including China, India, and Australia contribute significantly to regional demand, with applications from military to civil and commercial uses, including transportation, tourism, and rescue operations.
Market Segmentation & Coverage:
This research report categorizes the Helicopters Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Civil & Commercial and Military. The Civil & Commercial is further studied across Heavy Helicopters ( >9.0 Tons), Light Helicopters ( 8.5 Tons), Light Helicopters (
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