Helicopter Market Expected to Witness a Sustainable Growth over 2027
The helicopter market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.
The global helicopter market is touted to register appreciable growth through the forthcoming years, owing to the escalating integration of progressive technologies comprising sensors, IoT, and automated control systems in helicopters.
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Helicopter manufacturers and service providers are expanding their fleet with adoption of new models and services. For example, in 2020, Henley Air introduced its own rapid on call emergency transport Helicopter Emergency Medical Service that operates six Bell 222 UT helicopters, in South Africa.
Meanwhile, in 2021, Airbus Helicopters began in-flight tests on board its Flightlab, which is a platform-agnostic helicopter flying laboratory exclusively created for maturing new technologies. With this laboratory, Airbus Helicopters aims to undertake the testing of electric propulsion and hybrid technologies with a demonstrator, as well as explore autonomy and other technologies targeted at decreasing helicopter sound levels or enhancing flight safety and maintenance.
The engine segment is expected to witness substantial growth over the forecast period owing to the necessity of high-performance engines in helicopters as well as robust investments in research & development by several market players. For instance, in June 2019, Safran Helicopter Engines obtained EASA (European Aviation Safety Agency) certification for Airbus H160 twin-engine helicopter of the Arrano turboshaft.
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Growing adoption of helicopters in recreational activities coupled with the presence of various leading industry players is propelling the demand for helicopters in the Europe and North America regions. Intensifying investments are being made in the defense sector which is supporting the purchase of latest fleet of helicopter for combat and rescue operations. In 2021. the U.K. reached an agreement with the Pentagon on a $2 billion sale of fourteen Chinook helicopters developed by Boeing Co., along with related helicopter machine guns, mounted engines, radar and missile-jamming equipment.
Boeing, Mitsubishi Heavy Industries, Ltd., Babcock International Group PLC, Universal Helicopters, Bell Helicopter, Airbus Helicopters SAS, Robinson Helicopter Company, Lockheed Martin Corporation, Hindustan Aeronautics Limited (HAL), Md Helicopters, Kawasaki Heavy Industries, and Vietnam Helicopter Corporation are some of the major helicopter market players developing advanced helicopter to diverse application areas.
Major Key Points from Table of Content:
Chapter 6 Helicopter Market, By End-Use
6.1 Key trends, by end-use
6.2 Commercial
6.2.1 Helicopter market estimates and forecast, 2016 - 2027
6.2.2 Transport
6.2.2.1 Market estimates and forecast, 2016 - 2027
6.2.3 Medical Services/Search & Rescue
6.2.3.1 Market estimates and forecast, 2016 - 2027
6.2.4 Offshore sector
6.2.4.1 Market estimates and forecast, 2016 - 2027
6.2.5 Others
6.2.5.1 Market estimates and forecast, 2016 - 2027
6.3 Military
6.3.1 Market estimates and forecast, 2016 - 2027
6.3.2 Reconnaissance
6.3.2.1 Market estimates and forecast, 2016 - 2027
6.3.3 Maritime surveillance
6.3.3.1 Market estimates and forecast, 2016 - 2027
6.3.4 Others
6.3.4.1 Market estimates and forecast, 2016 - 2027
Chapter 7 Helicopter Market, By Sales Channel
7.1 Key trends, by sales channel
7.2 OEM
7.2.1 Market estimates and forecast, 2016 - 2027
7.3 MRO
7.3.1 Market estimates and forecast, 2016 - 2027
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