The global commercial helicopter market size reached US$ 6.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.
Commercial helicopters refer to aircraft that are powered by one or multiple horizontal propellers or rotors. These rotors provide thrust, thereby resulting in effective take-off and vertical landing. The vertical take-off and landing (VTOL) provided by the rotors make it easier for the helicopter to travel in any direction and hover in a specific location for an extended period. Designed to perform complex maneuvers in the air, these rotorcrafts can fly in congested or isolated places where fixed-wing and other available aircraft cannot fulfill the mission requirements. There is a wide range of commercial helicopter models, including large, passenger-carrying helicopters that are used for carrying heavy loads to remote locations, and small, private two-person helicopters that are used for travel and mission purposes. Commercial helicopters find numerous applications in travel, advertising and disaster relief campaigns.
Commercial Helicopter Market Trends:
The market is primarily driven by the rapid utilization of helicopters in public safety, law enforcement, training, tourism, search and rescue (SAR), emergency medical services (EMS), and firefighting. This can be attributed to the flourishing gas and oil exploration activities across the globe. In line with this, an increased preference for luxury and enhanced comfort among individuals has resulted in the escalating demand for luxurious custom helicopters, which is further propelling the market growth. The development of low-noise and environmentally friendly helicopter systems focusing on sustainable development are also providing an impetus to the market. Besides this, the expanding options for helicopter leasing and purchasing are creating a positive outlook for the market. Other factors, such as reduced accident rates, improved travel session efficacy, rapid urbanization, inflating disposable income levels and extensive research and development (R&D) activities conducted by key players, are further contributing to the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global commercial helicopter market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on type, number of engine, distribution channel and application.
Breakup by Type:
- Light Helicopters
- Medium Helicopters
- Heavy Helicopters
Breakup by Number of Engine:
Breakup by Distribution Channel:
Breakup by Application:
- Oil and Gas
- Medical Services
- Law Enforcement and Public Safety
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, Aviation Industry Corporation of China, Hindustan Aeronautics Limited, Kaman Corporation, Leonardo S.p.A., Lockheed Martin Corporation, MD Helicopters Inc., Robinson Helicopter Company, Rostec and Textron Inc.
|Base Year of the Analysis
|Type, Number of Engine, Distribution Channel, Application, Region
| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
|United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
|Airbus SE, Aviation Industry Corporation of China, Hindustan Aeronautics Limited, Kaman Corporation, Leonardo S.p.A., Lockheed Martin Corporation, MD Helicopters Inc., Robinson Helicopter Company, Rostec and Textron Inc.
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Key Questions Answered in This Report:
- How has the global commercial helicopter market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global commercial helicopter market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the number of engine?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global commercial helicopter market and who are the key players?
- What is the degree of competition in the industry?