DUBLIN, Dec. 5, 2022 /PRNewswire/ — The “Helicopters Market by Point of Sale, OEM-by Component & System, Type, Application (Military, Civil and Commercial), Number of Engines (Twin Engines, Single Engines) and Region; Aftermarket – by Component & System and Region- Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The helicopter market size is expected to grow from USD 30.6 billion in 2022 to USD 41.2 billion by 2027, at a CAGR of 6.1%
The market for helicopters is driven by various factors, such as the increasing demand for lightweight helicopters and the replacement of aging military helicopters. However, delivery backlogs by major OEMs are limiting the overall growth of the market.
The OEM segment of point of sale is estimated to register the highest CAGR in the helicopters market from 2022 to 2027.
Based on point of sale, the OEM segment of the helicopters market is estimated to register the highest CAGR from 2022 to 2027. High demand for helicopters from commercial and military verticals is driving the growth of OEM segment of the helicopters market. The development of next-generation helicopters is another significant factor driving the growth of the OEM market.
The civil & commercial type of helicopters is estimated to account for the largest share of the helicopters market in 2022.
Based on type, the civil & commercial segment is estimated to account for the largest share of the helicopters market in 2022. In recent years, the demand for passenger transport, utility missions, and corporate transport has increased significantly.
Additionally, the demand for emergency medical services is increasing by the medical support & services sector. These are the driving factors that are leading to the increasing adoption of civil & commercial helicopters in the helicopters market.
North America is estimated to account for the largest share of the helicopter market in 2022.
North America is estimated to account for the largest share of the helicopter market in 2022. The aviation and aerospace sectors in the region are growing steadily.
This has consequently created a significant demand for helicopters. The growth of the helicopter market in this region is driven by factors such as the increased use of helicopters in the defense sector, largest helicopter fleet size, and the presence of major OEMs.
Competitive landscape
Key players in the helicopters market are Airbus Helicopters SAS (France), Bell Helicopters (US), The Boeing Company (US), Leonardo S.p.A. (Italy), Lockheed Martin Corporation (US), Russian Helicopters, JSC (Russia), and Kawasaki Heavy Industries (Japan), among others.
Company Profiles
Key Players
Airbus Helicopters Sas
Leonardo S.P.A
Bell Helicopter
Lockheed Martin Corporation
The Boeing Company
Kawasaki Heavy Industries, Ltd.
Md Helicopters
Hindustan Aeronautics Limited
Russian Helicopters, Jsc
Korea Aerospace Industries
Mitsubishi Heavy Industries, Ltd.
Robinson Helicopter Company
Kaman Corporation
Aviation Industry Corporation of China, Ltd.
Fama Helicopters
Safari Helicopter
Changhe Aircraft Industries Corporation
Other Players
Lilium GmbH
Ehang
Volocopter GmbH
Workhorse Group
Neva Aerospace
Opener
Kitty Hawk
Joby Aviation
Executive Summary
Oem Segment to Lead Market During Forecast Period
Civil & Commercial Segment Projected to Dominate Market in 2022
Twin Engine Helicopters to Lead Market During Forecast Period
North America to Account for Largest Share of Oem Helicopters Market in 2022
Premium Insights
Increasing Demand for Lightweight Helicopters to Drive Market
Civil & Commercial Segment to Lead Helicopters Market in 2022
Actuators Segment Expected to Register Highest CAGR
Italy to Hold Highest CAGR During Forecast Period
Market Dynamics
Drivers
Rescue Operations in Civil Applications
Increasing Demand for Lightweight Helicopters
Replacement of Aging Military Helicopters
Restraints
Delivery Backlogs by Major Oems
Opportunities
Commercialization of Uam and Evtol
Hybrid-Electric Propulsion Technology
Scope for Helicopters Aftermarket
Fuel-Efficient Turboshaft Engines
Challenges
High Cost of Helicopter Components
Stringent Regulatory and Complex Product Certification Procedure
Rising Fuel Prices
Helicopters Market Ecosystem
Prominent Companies
Startups and Small Enterprises
End-users
Aftermarket
Technology Analysis
Single Engine Operative Mode
Urban Air Mobility
Use Case Analysis
Use Case: Enhance Performance of Helicopters Using Civil Tilt Rotor Concept
Use Case: Variable-Sweep Main Rotor Blades
Industry Trends
Technology Trends
Hybrid-Electric Propulsion
Autonomous Technology
Artificial Intelligence (Ai)
Big Data Analytics
Internet of Things (Iot)
Fly-By-Wire
Enhanced Flight Vision Systems (Efvs) for Heliports
Multirole Combat Helicopters with Integrated Avionics and Weapons
Ultra-Light Multi-Mode Radar
Advanced Helicopter Cockpit Avionics System (Ahcas)
Impact of Megatrends
Implementation of Sustainability
Alternate Power Sources
Accelerating Urbanization
Digitization
Innovation and Patent Registrations
For more information about this report visit https://www.researchandmarkets.com/r/dp5hpa
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