Press release
Helicopter-Based Transportation Market Size, Trends, Outlook, Insights, Overview 2024-2033
Helicopter-Based Transportation Market
The Business Research Company offers in-depth market insights through Helicopter-Based Transportation Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The helicopter-based transportation market size has grown steadily in recent years. It will grow from $1.19 billion in 2023 to $1.24 billion in 2024 at a compound annual growth rate (CAGR) of 4.0%. The growth in the historic period can be attributed to urban air mobility (uam) growth, medical and emergency services, tourism and leisure activities, offshore oil and gas operations, military and defense applications..
The helicopter-based transportation market size is expected to see steady growth in the next few years. It will grow to $1.46 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to market demand for on-demand services, environmental considerations, infrastructure development initiatives, military and defense procuremen, offshore oil and gas operation.. Major trends in the forecast period include sustainability and green initiatives, autonomous and unmanned helicopters, tourism and vip transport, military and defense upgrades, usage in emergency services..
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Market Segmentation:
The helicopter-based transportation market covered in this report is segmented -
1) By Type: Passengers Transportation, Cargo Transportation
2) By Order Type: Light And Small, Medium, Heavy-Lift
3) By Application: Surveillance Search And Rescue, Passenger Transportation, Cargo Transportation
4) By End User: Mining, Oil And Gas, Hydropower Construction, Agriculture Industry, Energy Industry, Other End-Users
Major Driver - Expanding Applications Fuel The Growth Of Helicopter-Based Transportation Market
An increase in the adoption of helicopters in multiple applications is expected to propel the growth of the helicopter-based transportation market. Helicopters are non-winged aircraft with one or two sets of giant blades that rotate rapidly on top, can land and take off vertically, and hover in one position in the air. Helicopters are used for various applications, including energy and electricity industry support, transportation and cargo logistics, search-and-rescue operations and firefighting missions, and military and government contracts. Additionally, the easy take-off and landing of helicopters have also favored their demand for transportation. For instance, according to the report published by the General Aviation Manufacturers Association (GAMA), a US-based industry trade association representing general aviation aircraft manufacturers and related enterprises, a 17.55% rise in shipments was seen in 2021, when 860 helicopters were supplied globally. Therefore, the increasing adoption of helicopters in multiple applications will drive the helicopter-based transportation market.
Competitive Landscape:
Major companies operating in the helicopter-based transportation market report are Bristow Group Inc., CHC Group LLC, Global Helicopter Service GmbH, Heli-Central Pty Ltd., Leonardo S.p.A., PHI Inc., Air Center Helicopters Inc., Air Charter Service India Pvt. Ltd., Central Helicopter Services AG, Falcon Aviation Services Inc., British International Helicopters Services Limited, Petroleum Helicopters International Inc., Polar Airlines, Cougar Helicopters Inc., Helijet International Inc., Air Methods Corporation, Columbia Helicopters Inc., HNZ Group Inc., Maverick Aviation Group, Papillon Grand Canyon Helicopters, Helitrans AS, London's Air Ambulance Limited, National Grid Helicopter Services Limited, LifeFlight Australia, Air Zermatt AG, Starspeed Limited, Russian Helicopters JSC, Canadian Helicopters Limited., INAER Aviation Europe S.L.U., New York Helicopter Charter Inc., Summit Helicopters Inc., ERA Helicopters LLC, Heli-Union SA, Alpine Helicopters Inc., Patriot Aviation LLC .
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Top Trend - Cutting-Edge Product Innovations And Cybersecurity Solutions Reshape Helicopter-Based Transportation
Product innovations have emerged as a key trend in helicopter-based transportation. Major companies operating in the market are advancing toward using cybersecurity solutions for helicopter-based transportation. For Instance, in October 2021, Leonardo S.p.A., an Italy-based company specializing in aerospace, defense, and security, launched Augusta for the VIP helicopter sector. It is a sophisticated and sustainable air mobility solution in the vertical flight sector. It provides performance, aerodynamics, operating capabilities, dedicated client services in the VIP transport sector, aircraft interior and layout configurations, and customized requirements.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Helicopter-Based Transportation Market Characteristics
3. Helicopter-Based Transportation Market Trends And Strategies
4. Helicopter-Based Transportation Market - Macro Economic Scenario
5. Helicopter-Based Transportation Market Size And Growth
…..
27. Helicopter-Based Transportation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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