Commercial Helicopter Market Research Report


 Commercial Helicopter Market

Commercial Helicopter Market is predicted to witness a significant growth over the forecast period (2021-2028), due to its increasing application in the aviation industry.

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The factor driving the growth of Commercial Helicopter Market size includes its growing application in industries such as medical and emergency rescue services, tourism, air ambulance, law enforcement, air travel etc. The increasing investments for infrastructure facilities along with Government’s backing for flight approval in developing Countries is expected to surge the demand for Commercial helicopter in the coming years. The growing need to replace old helicopters fleet due to performance erosion, high maintenance cost, incompatible technology, is expected to increase the Commercial Helicopter Market Share in the coming years.

The on-going Covid 19 Pandemic has negatively impacted the aviation industry across the world, due to rising economic constraints, reduced travel and tourism etc. It has also caused supply-chain disruption mainly in deliveries in the aviation industry. However, the market is projected to bounce back in 2021.

As per the Commercial Helicopter Market Report, the growth of commercial helicopter is hindered by rigid emission norms, high procurement cost along with the custom duties and other general taxes makes it costly to import commercial helicopters.

Helicopter Type – Segment Analysis

Based on the helicopter type, the medium segment is expected to grow at a vigorous CAGR over the forecast period owing to its use in adverse environment along with its multi-mission capabilities used for firefighting.

Application – Segment Analysis

Based on the application, the oil & gas segment is estimated to grow at a faster CAGR during the forecast period due to growing demand for helicopters in distant and offshore oil and gas operations along with increasing numbers of deep-water oil exploration and production projects.

Region – Segment Analysis

Based on the region, the Asia-Pacific region is anticipated to grow at a faster CAGR over the forecast period owing to increasing demand for rotorcraft in the tourism industry, relaxations in airspace restriction norms along with Government’s supporting policies. In India, the establishment of joint ventures by helicopter manufacturing firms like AgustaWestland, Sikorsky have boosted the overall commercial helicopter ecosystem. In addition, the increasing helicopter replacements is likely to play a key factor in the overall market growth of commercial helicopters in this region.

The leading players in commercial helicopter market are S.A.S, Bell Helicopter, Hindustan Aeronautics Limited, MD Helicopters, Lockheed Martin Corporation, Russian Helicopters, Enstrom Helicopter Corp, JSC, Robinson Helicopter Company, among others.

Market Segmentation

Global Commercial Helicopter Market by Helicopter Type

  • Light
  • Medium
  • Heavy
  • Very Large

Global Commercial Helicopter Market by Application

  • Oil & Gas
  • Transport
  • Medical Services
  • Law Enforcement & Public Safety
  • Others

Global Commercial Helicopter Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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