Global Commercial Helicopter Market Overview:
Commercial Helicopter is expected to grow significantly owing to the rise in usage of the helicopter for various purposes such as medical healthcare &emergency rescue services, tourism, transportation and offshore helicopter services. The rising per capita income coupled with aging fleet is propelling the market for a commercial helicopter. Reduced noise and improved speed are expected to improve and consider in the development of helicopter in the future. Some of the players profiled in the study are Lockheed Martin Corporation (Sikorsky)(United States), Sikrosky Aircraft Corporation (United States), Bell Helicopter Textron Inc. (United States), MD Helicopters Inc. (United States), Robinson Helicopter Company (United States), Enstrom Helicopter Corporation (United States), Agustawestland (Italy), Hindustan Aeronautics Ltd (India), Leonardo S.p.A. (Italy), Russian Helicopters (Russia) and Korea Aerospace Industries Ltd (South Korea).
On the basis of geography, the market of Commercial Helicopter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Engine Type, the sub-segment i.e. Single Engine will boost the Commercial Helicopter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rise in Use of Helicopter for Touring, Transportation and VIP Movement
- Improved Session Efficiency And Economical Life Cost Management Of Rotorcrafts
- Increasing Medical and Emergency Rescue Services, Transportation and VIP Movement Globally
- Upsurging Tourism Industry and Rise in Disposable Income
- Surging Technological Advancement in Light Weight Helicopter Fleet Manufacturing
- Multirole Combat Helicopters with Integrated Avionics and Weapons
- Energy-Efficient Technology And Innovations
- Stringent Regulatory Norms for Helicopter Manufacturing & Development and High Cost of Helicopters
- Second-Hand Helicopters Sales
- Growing Tourism Industry In Developing Nations Such as Brazil, India and China
- Offshore Gas & Oil Production, Exploration, Hems, Law Enforcement & Public Safety, And VIP Transport
- Scarcity of Licensed Pilots Owing to the Occupational Hazards and Surging Economic Uncertainties
- Lack of Qualified Helicopter Maintenance Technicians
In May 2018, Lee County acquired Aibus H125s for Airborne Mosquito Control Mission.
Helicopter design, production, maintenance, and flying are all strongly regulated, and these regulations are the domain of national authorities. The two most important global regions are the USA, which is controlled by the FAA (Federal Aviation Administration), and the European Union (EU), which is regulated by the EASA (European Aviation Safety Agency). "The U.S. Department of Transportationís Federal Aviation Administration (FAA) issued a rule that requires helicopter operators, including air ambulances, to have stricter flight rules and procedures, improved communications, training, and additional on-board safety equipment. The rule has made significant improvements to helicopter safety in decades and responds to governmentís and industryís concern over continued risk in helicopter operations."
Target Audience:System/Component Providers, Original Equipment Manufacturers, Subsystem Manufacturers, Aftermarket Operators, Ministry of Defense (across the globe), Technology Support Providers, Aviation Sector and Scientific Research Centers
Major Objectives Focused through this Study To define, describe, and forecast the Global Commercial Helicopter market on the basis of product [Light Helicopter (< 4.5 T), Medium Helicopter ( 4.5 to 8.5 T) and Heavy Helicopter (> 8.5 T)] , application [Geological Exploration, Hydropower Construction, Agriculture Industry and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Commercial Helicopter market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Commercial Helicopter industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are AVIC Helicopter Company (China) and Airbus Helicopter (Airbus Group) (France).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Commercial Helicopter market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.