Helicopters Market: Emerging Opportunities and Challenges | CAGR 7.3%

Increase in adoption of advanced helicopters & rotorcrafts by law enforcement and military sectors, surge in demand for aerial imagining, increase in oil & gas exploration activities, and demand for customized and luxurious commercial helicopters drive the growth of the global Helicopters Market. However, surge in implementation of drones, high cost of operations, and limitation on the range of transportation restrain the market growth. On the other hand, rise for helicopters for tourism purposes, increase in penetration of helicopters for emergency services, and surge in demand for upgrade of helicopter fleets create new opportunities in the coming years.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A06230

On the basis of number of the engines, the helicopter market is bifurcated into twin engines and single engine. The twin engines segment garnered the highest revenue in 2021, owing to rise in demand for twin engine helicopters (owing to their high reliability) globally.

Depending on application, the helicopter market is fragmented into emergency medical services, oil & gas, defense, homeland security, and others. The homeland security segment was the highest revenue contributor in 2021, owing to a majority of the helicopters being consumed for various homeland security applications throughout the world.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

Mitsubishi Heavy Industries Ltd, Bell Textron Inc, Airbus, Leonardo SpA, Kaman Corporation, MD Helicopters Inc, Helicopteres Guimbal, The Boeing Company, Kawasaki Heavy Industries Ltd, Robinson Helicopter Company

Based on number of engine, the twin engine segment contributed to the highest market share in 2021, accounting for nearly two-third of the global helicopters market, and is expected to maintain its dominant share during the forecast period. Moreover, this segment is projected to manifest the fastest CAGR of 7.9% from 2022 to 2031. This is due to safety and high-speed provided by twin engine helicopters and their ability to travel long distances and quiet operations. The research also analyzes the single engine segment.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/3a0af325afd74ed3502082b9b67423e0

By type, the helicopter market has been categorized into civil & commercial and military. The civil & commercial segment accounted for the highest revenue in 2021, owing to high demand for civil & commercial helicopter services globally.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Based on region, North America contributed to the highest market share in 2021, holding more than two-fifths of the global helicopters market, and is expected to maintain its lead status by 2031. This is due to increase in production activities of helicopters in the U.S. and upgrade activities of the existing fleets. However, Asia-Pacific is projected to register the fastest CAGR of 10.3% from 2022 to 2031, owing to surge in procurement and development of advanced helicopter systems by several Asian nations such as India, China, Japan, and others.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A06230

Based on application, the homeland security segment held the largest market share in 2021, accounting for nearly one-third of the global helicopters market. This is due to features such as endurance, high lifting capacity, and maneuverability that enable helicopters to be deployed in the most rigorously hot and high operations. However, the oil and gas segment is projected to register the largest CAGR of 10.9% from 2022 to 2031, owing to usage of helicopters in construction and maintenance activities such as transport of employees, cargo, and parts for offshore oil and gas platforms.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

• By type, the military segment is expected to register a significant growth during the forecast period.
• On the basis of weight, the heavy weight segment is anticipated to exhibit significant growth in future.
• On the basis of number of engines, the twin engine segment is anticipated to exhibit significant growth in future.
• According to application, the oil and gas segment is projected to lead the global helicopter market.
• Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.