Global Civil Helicopter Market Overview:
A civil helicopter is a type of aircraft that has one or more powered longitudinal blades or rotors that allow it to move in any direction, take off and land vertically, or remain stationary in mid-air. It is the most suitable form of flight by blocking the intervention of transportation means such as cars, buses, and subways, which are usually required by a vast landing field far from the city center and conventional aircraft. High reliability on the operations and easy operability of helicopters drive the civil helicopter market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Companies to Explore Commercial Taxi Flights in New and Emerging Markets
Market Growth Drivers:
Growing Demand in Developing Countries and High Reliability on the Operations and Easy Operability of Helicopters
Challenges:
Rise in the Use of Drones Instead Of Helicopters in Various Applications
Restraints:
High Manufacturing Cost of Helicopters
Opportunities:
Increasing Demand for Lightweight Helicopters with Fewer Moving Parts
Competitive Landscape:
The civil helicopter market is a fragmented market due to the presence of a large number of established competitors. The market is very competitive and all players are trying to get maximum market share. Suppliers compete on the basis of cost, product quality, and reliability. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Airbus Helicopters (France), Bell Helicopter (United States), Leonardo Helicopters (United Kingdom), Russian Helicopters (Russia), Sikorsky Aircraft Corporation (United States), Eurocopter (France), PZL Swidnik (Poland), Enstrom Helicopter Corporation (United States), Kaman Aerospace (United States) and Robinson Helicopter Company (United States). Considering Market by Engine Type, the sub-segment i.e. Single Engine will boost the Civil Helicopter market. Considering Market by End Users, the sub-segment i.e. Law Enforcement will boost the Civil Helicopter market. Considering Market by Weight, the sub-segment i.e. Light will boost the Civil Helicopter market.
Latest Market Insights:
In January 2023, Airbus Helicopters acquired ZF Luftfahrttechnik. With more than 100 years of experience in the aviation industry, the company will now operate as Airbus Helicopters Technik GmbH as a wholly-owned subsidiary based in Kassel-Calden. With a global customer base and related services, the world's leading manufacturer of dynamic components for small and medium helicopters is also a national leader when it comes to MRO for dynamic components for military helicopters.
In March 2023, Sikorsky will continue to provide support for H-53 helicopters under a new contract. The company has been a major supplier of helicopters since the 1960s and has provided ongoing support for aircraft ever since. This contract was announced by Naval Air Systems Command.
What Can be Explored with the Civil Helicopter Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Civil Helicopter Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Civil Helicopter
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Civil Helicopter market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Civil Helicopter market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.