Civil Helicopter Market is predicted to reach USD 17.0 Billion at a CAGR of 3.83% during the forecast period:
Market Research Future (MRFR) has published a cooked research report on the “Civil Helicopter Market” that contains information from 2018 to 2032. The Civil Helicopter Market is estimated to register a CAGR of 3.83% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the Civil Helicopter Market — Airbus SAS, Aviation Industry Corporation of China, Textron Inc, Enstrom Helicopter Corporation, Hindustan Aeronautics Limited, Korea Aerospace Industries Ltd, Leonardo SpA, Lockheed Martin Corporation, MD Helicopters Inc., Robinson Helicopter Company, Russian Helicopters, and JSC.
Civil Helicopter Market Highlights
The Civil Helicopter Market is accounted to register a CAGR of 3.83% during the forecast period and is estimated to reach USD 17.0 Billion by 2032.
The civil helicopter market refers to the market for civilian-use helicopters worldwide. Civil helicopters are primarily used for transportation, emergency medical services (EMS), search and rescue operations, law enforcement, offshore operations, corporate transportation, and tourism, among other applications. The market for civil helicopters is driven by several factors, including economic growth, increasing demand for air transportation, expansion of offshore oil and gas exploration activities, rising demand for emergency medical services, and tourism growth in various regions.
Segment Analysis
The Civil Helicopter Market has been segmented based Engine Type, Weight, End Use.
The Civil Helicopter market segmentation, based on Engine type, includes single engine and twin engine. Single engine segment dominated the market in 2022. In contrast to fixed-wing aircraft, single-engine helicopters are utilised for tasks that involve flying at low altitudes. These are also used in challenging settings.
The Civil Helicopter market segmentation, based on weight, includes light helicopters, intermediate helicopters, medium helicopters, and large & heavy helicopters. Medium helicopters segment dominated the market in 2022. Medium helicopters are a popular transportation choice for getting to isolated areas, and they are indispensable in helping life-saving SAR missions and other medical situations. The impact of medium civil helicopters is projected to be driven by cost effectiveness, mission diversity, and a shorter maintenance cycle.
The Civil Helicopter market segmentation, based on End Use, includes law enforcement, onshore & offshore transportation, forestry & wildlife conservation, helicopter emergency medical service, search & rescue, training services, and others. Law enforcement segment dominated the Civil Helicopter market in 2022. The key market participants are actively monitoring the demand for rotorcraft in a variety of commercial operations, including medical evacuation, police missions, and other law enforcement applications. From patrolling and surveillance to search and drug interdiction or rescue, Airbus can support a range of operations.
Regional Analysis
The Civil Helicopter Market, based on region, has been divided into North America, Europe, Asia-Pacific and Rest of the World. North America is one of the largest markets for civil helicopters, driven by the presence of major helicopter manufacturers, operators, and robust infrastructure. The United States is the dominant player in this region, accounting for a significant portion of the market. The demand is primarily fueled by applications such as emergency medical services (EMS), law enforcement, offshore oil and gas operations, and corporate transportation.
Europe is another significant market for civil helicopters, with countries like the United Kingdom, Germany, France, and Italy being the key contributors. The region has a well-established aviation industry and a wide range of helicopter operators. Various applications drive the market, including search and rescue operations, VIP transportation, tourism, and aerial work.
The Asia Pacific region has witnessed rapid growth in the civil helicopter market due to increasing urbanization, economic development, and infrastructure expansion. Countries like China, India, Japan, and Australia are major contributors to the regional market. The demand is driven by applications such as transportation, tourism, natural resource exploration, and emergency medical services.
Key Findings of the Study
- The Civil Helicopter Market is expected to reach USD 17.0 Billion by 2032, at a CAGR of 3.83% during the forecast period.
- The Civil Helicopter market segmentation, based on Engine type, includes single engine and twin engine. Single engine segment dominated the market in 2022.
- North America is one of the largest markets for civil helicopters, driven by the presence of major helicopter manufacturers, operators, and robust infrastructure.
- Airbus SAS, Aviation Industry Corporation of China, Textron Inc, Enstrom Helicopter Corporation, Hindustan Aeronautics Limited, Korea Aerospace Industries Ltd, Leonardo SpA, Lockheed Martin Corporation, MD Helicopters Inc., Robinson Helicopter Company, Russian Helicopters, and JSC
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Companies Covered | 15 |
Pages | 99 |
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