openPR Logo
Press release

Military Helicopter Contributes Largest Revenue to the Global Helicopter Market

04-06-2017 07:44 PM CET | Logistics & Transport

Press release from: P&S Market Research - Aviation & Naval

Military Helicopter Contributes Largest Revenue to the Global

The global helicopter market is expected to grow at a CAGR of 3.4% during 2017 - 2023.

Global helicopter market is growing at a CAGR of 3.4% during 2017 - 2023

According to the study, the global helicopter market is likely to grow at a CAGR of 3.4% during 2017 – 2023. Technological advancements, ageing helicopter fleet, and increasing usage of helicopters in disaster relief are driving the global helicopter market. The market is further expected to gain revenue due to the increasing customer compliance for more equipped and sophisticated avionics and flight safety. Although, there has been a drop in the number of new fleet during 2013 – 2016, increased demand from developing nations would create ample opportunities for the global helicopter manufacturers.

Browse Detailed Report Description at:

Insights on market segments

As per the findings of research, military helicopter held the larger share in the global helicopter market in 2016, primarily due to high value to volume ratio and increased demand from emerging economies in Asia-Pacific and increased need for advanced defense equipment. Civil helicopters market is expected to witness higher growth during 2017 – 2023. The highest growth of civil helicopter is attributed to the increasing demand in law enforcement, tourism, medical services, general utility and firefighting. However, the ongoing crisis in the oil and gas industry may lead to slower adoption of new fleet, especially large and heavy helicopters.

Browse report Sample at:

Advancement in combat helicopter technology expected to have significant impact on the helicopter market

There have been many technological innovations and advancements taking place in the helicopter market. The latest advancements in combat helicopter technology have enabled adoption of helicopters in harsh environmental conditions. The innovation in engine, airframe, performance, responsiveness, mission systems have enabled helicopters to operate in harsh environmental conditions. Military forces across the globe, especially in developing economies, are focusing on upgrading and acquiring military helicopters, which are required to have advanced features and are capable or operating in harsh environments. These countries are filling gap in their military operation requirements, which illustrate demand for technologically advanced military helicopters.

Browse Other Related report at:

Key players focusing on the development of medium helicopters

The global helicopter manufacturers are actively involved in the development of medium helicopters for civil or military purpose with increased focus on security and technology. Operators are specifically showing interest in intermediate and medium civil helicopters in law enforcement, firefighting, and medical services. The global market especially Asia-Pacific and Latin American market exhibit strong purchase intentions for intermediate and medium helicopters. Therefore, helicopter manufacturers are focusing on the medium civil helicopter segment to increase their revenues. In March 2015, Airbus Helicopters introduced H160, a twin-engine medium class helicopter. The company claimed that the H160 represents its strategy to provide the efficient solutions for its customers to safely carry passengers in the demanding environments.

Some of the other key players in the market include Sikorsky Aircraft, Bell Helicopter, Airbus Group, Leonardo, Russian Helicopters, The Boeing Company, Hindustan Aeronautics Limited, Kaman Corporation, MD Helicopters, Inc., and Robinson Helicopter Company.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-Free: +1-888-778-7886 (USA/Canada)

347, 5th Ave. #1402
New York City, NY - 10016

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Military Helicopter Contributes Largest Revenue to the Global Helicopter Market here

News-ID: 494607 • Views: 629

More Releases for Helicopter

Civil Helicopter Market 2019-2023 | Competitive Landscape By Bell Helicopter Tex …
Civil Helicopter Market by Engine Type (Single, Twin), by Takeoff Weight (3,175 Kg to 5,700Kg & 5,700Kg to 9,000Kg), by Application (Airborne Law Enforcement, Fire, Forestry & Wildlife Conservation, HEMS, SAR, & Others), & by Region - Forecast Till 2023 Global Civil Helicopter market is estimated to witness a CAGR of more than 4% during the forecast period from 2018 to 2023. The key players in the global civil helicopter market are
Global Civil Helicopter MRO Market 2019 By AgustaWestland, Airbus Helicopters, B …
The global Civil Helicopter MRO market report offers a summary of a substantial number of statistics in the Civil Helicopter MRO market. Data collected in the report highlights the current market trends. Also, it provides the users with the detailed statistics of the global Civil Helicopter MRO market, helping them in planning for competitive business strategies. The global report offers a complete guidance on the recent developments in the global Civil
Commercial Helicopter Market to Reflect Robust Expansion During 2018 – 2023 | …
“Global Commercial Helicopter Market Report 2018” report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Global Commercial Helicopter Market Overview: The report spread across 130 pages is an overview of the Global Commercial Helicopter Market Report
Helicopter Tourism Global Market 2018 Global Analysis by Key Players: Airbus, Be …
Market Highlights: According to a new report by Market Research Future (MRFR), the global helicopter tourism market is anticipated to touch a revenue of USD 941.6 million by the end of 2023. The market is expected to witness 4.17 % CAGR during the assessment period (2017-2023) owing to the growing use of commercial helicopters. A new dimension of tourism, helicopter tourism offers tourists and passengers an opportunity to capture the scenic
Helicopter Tourism Market 2018 Analysis by Global Key Players: Sikorsky, Airbus, …
Market Highlights: The travel and tourism industry is among the world’s largest industries with a significant economic contribution. Over the years, a number of countries, such as Australia, France, Malaysia, U.K., UAE, and US, have consistently grown as popular tourism destinations. At the same time, developing countries such as China, India, Brazil, and South Africa, are also emerging as tourist attractions in the recent years and reaping the economic benefits of
Civil Helicopter Market Key Players - Bell Helicopter Textron Inc., AVIC Helicop …
Market Highlights The Global Civil Helicopter Market is growing at a steady pace. According to a recent study report published by the Market Research Future, The global market of Civil Helicopter will grow moderately over the forecast period. The market is forecasted to witness s slow but steady growth by 2023, which will be a surpassing growth at a moderate or even a slow CAGR during the projected period (2016 -2023).