The Commercial Helicopters Global Market Report 2023 by The Business Research Company, provides commercial helicopters market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Commercial Helicopters Global Market Report 2023, the market size is expected to grow from $28.29 billion in 2022 to $28.78 billion in 2023 at a compound annual growth rate (CAGR) of 1.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global commercial helicopters is expected to grow to $39.06 billion in 2027 at a CAGR of 7.9%
Rising usage of helicopters in emergency medical services (EMS), search and rescue (SAR), and firefighting operations is expected to drive the growth of the commercial helicopters market. Air EMS creates a significant part of the medical transport system that assists in shuttling patients, equipment, supplies, and medical personnel throughout the medical network for time-critical emergency transport as well as long-distance scheduled transfers.
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The commercial helicopters market is segmented:
1) By Type: Light-Weight Commercial Helicopter, Medium-Weight Commercial Helicopter, Heavy-Weight Commercial Helicopter
2) By Number Of Engines: Single-Engine, Multi-Engine
3) By Application: Oil and Gas, Transport, Medical Services, Law Enforcement and Public Safety, Others
Major companies operating in the industry are focusing on introducing technological innovations to maintain their position in the competitive business environment, which is gaining significant popularity in the commercial helicopters market. For instance, Bell, part of Textron, is developing a new technology called electrically distributed anti-torque (EDAT) to decrease the sound problem. The new system ensures enhancements to safety and operating cost, as well as a decrease in sound compared to an aircraft with a conventional tail rotor. The 429, built with EDAT technology, features four fans, electrically driven, in the back of the helicopter instead of the conventional rotor setup. It provides key benefits to the traditional tail rotor.
The commercial helicopters market report table of contents includes:
1. Executive Summary
2. Commercial Helicopters Market Characteristics
3. Commercial Helicopters Market Trends And Strategies
4. Commercial Helicopters Market – Macro Economic Scenario
5. Commercial Helicopters Market Size And Growth
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26. Africa Commercial Helicopters Market
27. Commercial Helicopters Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Commercial Helicopters Market
29. Commercial Helicopters Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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