The Global Helicopters Market Research Report offers a comprehensive analysis of the Helicopters market status, featuring key insights, definitions, SWOT analysis, expert opinions, and the latest global developments. The report assesses the market scenarios that influence the growth of the Helicopters market and includes information on market dynamics such as drivers, restraints, challenges, threats, growth opportunities, trends, financial data, technological advancements, innovations, leading players, and regional market analysis.
The Helicopters Market is projected to grow from an estimated USD 30.6 billion in 2022 to USD 41.2 billion by 2027, at a CAGR of 6.1% during the forecast period. The rise in demand for military helicopters and the replacement of aging helicopter fleets are expected to drive the growth of the market.
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Based on Application, the Military Segment is Projected to Grow at the Highest CAGR in the Helicopters Market During the Forecast Period
The growth of the military segment of the helicopters market is driven by rising demand for transport helicopters and increased procurement of attack & reconnaissance helicopters for military operations. Combat helicopters, including attack and combat support types, are used for a variety of missions such as ground attacks, air-to-air combat, and maritime/naval strikes by defense forces worldwide. These helicopters also play a crucial role in non-combat operations, such as surveillance, observation, search & rescue, evacuating wounded soldiers, firefighting, and other life-saving activities.
North America is Expected to Account for the Largest Share in 2022
The helicopter market is divided into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to have the largest share of the global market in 2022 due to the presence of major helicopter manufacturers such as Bell Helicopters, Lockheed Martin, MD Helicopters, and Kaman Corporation among others.
Helicopter Market Report Scope:
Report Metric
Details
Market Size Value in 2022USD 30.6 BillionRevenue Forecast in 2027USD 41.2 BillionGrowth Rate6.1%
Forecast Period
2022-2027
Market Size Available for Years
2019-2027
Base Year Considered
2021
Forecast Units
Value (USD)
Segments Covered
Point of sale, OEM—by component & system, type, application, number of engines, and region, aftermarket—by component & system, and region
Geographies Covered
OEM - North America, Europe, Asia Pacific, Middle East & Africa and Latin America
Aftermarket - North America, Europe, Asia Pacific, Latin America, and Rest of the World
Companies Covered
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.
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Recent Developments
• In 2022, Airbus Helicopters teamed up with KLK Motorsport and Modell- und Formenbau Blasius Gerg GmbH to create the rear structure for CityAirbus NextGen. The companies will work on developing a lightweight rear fuselage for the project.
• In 2021, Leonardo acquired Kopter Group and rebranded the SH09 single-engine helicopter as the AW09. The AW09 offers increased modularity to customers.
• In 2022, Bell Helicopter, a Textron subsidiary, purchased two Bell 505s from Karen SA, which plans to use them for VIP and commercial flights and pilot training.
• In 2022, Sikorsky (Lockheed Martin subsidiary) signed a 5-year contract with the US government for 120 H-60M Black Hawk helicopters for the US Army and FMS customers.
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