Overview and Scope
Helicopter-based transportation is defined as the transportation of passengers, freight, or mail using a helicopter. Helicopter-based transportation is a fast and efficient method for individuals and goods to move from one point to another.
Sizing and Forecast
The helicopter-based transportation market size has grown steadily in recent years. It will grow from $1.19 billion in 2023 to $1.24 billion in 2024 at a compound annual growth rate (CAGR) of 4.0%. The growth in the historic period can be attributed to urban air mobility (uam) growth, medical and emergency services, tourism and leisure activities, offshore oil and gas operations, military and defense applications..
The helicopter-based transportation market size is expected to see steady growth in the next few years. It will grow to $1.46 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to market demand for on-demand services, environmental considerations, infrastructure development initiatives, military and defense procuremen, offshore oil and gas operation.. Major trends in the forecast period include sustainability and green initiatives, autonomous and unmanned helicopters, tourism and vip transport, military and defense upgrades, usage in emergency services..
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Segmentation & Regional Insights
The helicopter-based transportation market covered in this report is segmented –
1) By Type: Passengers Transportation, Cargo Transportation
2) By Order Type: Light And Small, Medium, Heavy-Lift
3) By Application: Surveillance Search And Rescue, Passenger Transportation, Cargo Transportation
4) By End User: Mining, Oil And Gas, Hydropower Construction, Agriculture Industry, Energy Industry, Other End-Users
Top 5 major Players:
- Bristow Group Inc.,
- CHC Group LLC,
- Global Helicopter Service GmbH,
- Heli-Central Pty Ltd.,
- Leonardo S.p.A
North America was the largest region in the helicopter-based transportation market share in 2023. The regions covered in the helicopter-based transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
An increase in the adoption of helicopters in multiple applications is expected to propel the growth of the helicopter-based transportation market. Helicopters are non-winged aircraft with one or two sets of giant blades that rotate rapidly on top, can land and take off vertically, and hover in one position in the air. Helicopters are used for various applications, including energy and electricity industry support, transportation and cargo logistics, search-and-rescue operations and firefighting missions, and military and government contracts. Additionally, the easy take-off and landing of helicopters have also favored their demand for transportation. For instance, according to the report published by the General Aviation Manufacturers Association (GAMA), a US-based industry trade association representing general aviation aircraft manufacturers and related enterprises, a 17.55% rise in shipments was seen in 2021, when 860 helicopters were supplied globally. Therefore, the increasing adoption of helicopters in multiple applications will drive the helicopter-based transportation market.
Key Industry Players
Major companies operating in the helicopter-based transportation are forming strategic partnerships to enable helicopter operators to expand their global reach and coverage. Strategic partnership refers to a formal alliance between two or more entities (such as companies or organizations) that come together to achieve common goals, often with a long-term perspective. For instance, in October 2023, NHV Group, a Belgium-based company that specializes in business-to-business (B2B) helicopter services has announced its collaboration in Taiwan with Apex Aviation, a China-based company that provides aircraft service and maintenance. This partnership aims to provide innovative helicopter transportation services to the impressive offshore wind industry in Taiwan.
The helicopter-based transportation market report table of contents includes:
1. Executive Summary
2. Helicopter-Based Transportation Market Characteristics
3. Helicopter-Based Transportation Market Trends And Strategies
4. Helicopter-Based Transportation Market – Macro Economic Scenario
5. Global Helicopter-Based Transportation Market Size and Growth
….
31. Global Helicopter-Based Transportation Market Competitive Benchmarking
32. Global Helicopter-Based Transportation Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Helicopter-Based Transportation Market
34. Helicopter-Based Transportation Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Helicopter-Based Transportation Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Helicopter-Based Transportation Market, Segmentation By Order Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Helicopter-Based Transportation Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 75: Bristow Group Inc. Financial Performance
Table 76: CHC Group LLC Financial Performance
Table 77: Global Helicopter Service GmbH Financial Performance
Table 78: Heli-Central Pty Ltd. Financial Performance
Table 79: Leonardo S.p.A. Financial Performance
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