Helicopter Tourism Market to Grow at 3.45% CAGR to 2021

Helicopter Tourism Market Report 2021 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Marketsizeforecasters.com adds new global Helicopter Tourism market: report that lists top active companies as Birds Eye View Helicopters, Chicago Helicopter Tours, Liberty Helicopter, Maverick Helicopters, and SUNDANCE HELICOPTERS.

Other Prominent Vendors in the market are: Barcelona Helicopters, Bravo Helicopters, Cape Town Helicopters, Heliair Venice, HELI-JET AVIATION, Kaikoura Helicopters, Niagara Helicopters, and Sydney Helicopters.
Research Analysts forecast the global Helicopter Tourism market to grow at a CAGR of 3.45% during the period 2017-2021.

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Commenting on the report, an analyst team said: One trend in market is alliance between helicopter operators and resorts. Joint business operations and partnerships are among the key trends that the commercial helicopters industry will witness in the coming years. Helicopter operators, similar to airlines, establish strategic relationships with hospitality service providers like resorts and tourism companies to offer incentives to their flyers. This has also been an effective approach for both the helicopters and their partners to create awareness about their offerings, and eventually maximize their annual revenue. For example, the Palazzo Resort, Las Vegas, US, has entered an agreement with a private helicopter company to offer rides to the hotel guests rides in and around the Grand Canyon. Similarly, Dezaiko Lodge has partnered with Aberdeen Helicopters, a Canada-based company. Likewise, Alpine Helicopters, another Canada-based company, has been in a strategic partnership with Canadian Mountain Holidays for over 35 years.

The listed pricing for this Helicopter Tourism Market report starts at $ 3500.
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According to the report, one driver in market is increasing use of commercial helicopters. Traditionally, low fuel prices and large investments have driven the urban heliports market and made helicopter transportation look feasible. However, over the years, with the rapid increase in fuel prices (equivalent to one-third of the operating costs), only a few passenger helicopters have remained operational. Despite such deterrents, and particularly with the decline in crude oil prices, the global rotorcraft industry has thrived and progressed. It is also anticipated that the manufacturers of civil or business helicopters will register growing demand, during and post the forecast period. One of the major factors driving the global helicopter tourism market is the limited availability of transport infrastructure, particularly in congested urban areas. The conventional methods of transportation have not been able to keep up with the growing population, leading to the need for alternative commuting solutions. The increasing prosperity of countries and business developments will result in demand for inner-city air travel, particularly in the emerging markets.

Further, the report states that one challenge in market is mounting number of accidents. Helicopters have a large number of moveable parts and components (such as the main and tail rotors, driveshaft, and gearbox), which increases the possibilities of a potential malfunctional. If any of these components/parts break down, the helicopter would get out of control. In addition, as these parts are in constant motion, there is a strong probability that they will wear out quickly. Moreover, helicopters are tougher to handle than airplanes. Also, as reported by researchers, the helicopter accident rate (7.5) is much higher than the airplane accident rate (0.175), for every 100,000 of flying hours.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Browse full table of contents and data tables For Helicopter Tourism Market Report of 70 pages https://marketsizeforecasters.com/global-helicopter-tourism-market

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