Civil Helicopter Market Size, Share, Growth, Analysis Forecast to 2023

Market Overview:

The global civil helicopter market is characterized by the presence of many global, regional, and local companies. The market is highly competitive with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront the market growth. In addition, in-house manufacturing capabilities, global footprint network, product offerings, R&D investments, and strong client base have become the key areas to have the edge over the competitors.

The growth of the market is dependent on the market conditions, government support, and industry development. Thus, the companies should focus on expanding geographically and improving their products. The companies with better technical and financial resources can develop innovative products that render the competitors' products obsolete and non-competitive even before they are launched, or costs are recovered. Therefore, vendors have to develop new technologies and stay abreast of emerging technologies that could affect the continuing competitiveness of their product lines in the market. The competitive environment in the market is likely to intensify further due to an increase in product/service extensions, technological innovations, and M&A.

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Key Players

The key players of the global civil helicopter market are Bell Helicopter Textron Inc., AVIC Helicopter Company, Airbus Helicopters, Leonardo Helicopters, MD Helicopters Inc., Korea Aerospace Industries Ltd., Hindustan Aeronautics Ltd., Enstrom Helicopter Corporation, Sikorsky Aircraft Corporation, Russian Helicopters JSC and Robinson Helicopter Company.

Competitive Analysis

The companies compete based on cost, product quality, reliability, and aftermarket service. It is crucial for the vendors to provide cost-efficient and high-quality civil helicopters, in order to survive and succeed in an intensely competitive market environment. In 2016, the major companies such as Airbus, Bell Helicopter Textron Inc., Boeing, Leonardo S.p.A, Robinson Helicopter Company, and Sikorsky account for approximately 73% of the global market. These companies primarily focus on the implementation of lightweight materials, electric technologies, and robust systems. Although the international players are dominating the market, regional and foreign players with small market shares also have a presence. The international players may strengthen their presence worldwide through acquisitions during the forecast period. It is also forecasted that the improving global economic scenario is fuelling market growth, thereby making it an ideal time to launch new products.

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Civil Helicopter Market – Segments
For the convenience of the report and enhanced understanding; The Civil Helicopter Market is segmented in to 4 key dynamics
Segmentation by Engine Type: Single Engine and Twin Engine.
Segmentation by Takeoff Weight: 3,175 Kg to 5,700Kg and 5,700Kg to 9,000Kg.
Segmentation by Application: Parapublic Mission, Transportation, & Others.
Segmentation by Regions: North America, Europe, Asia-Pacific, and Rest of the World.

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