Global Commercial Helicopters Market Size, Drivers, Trends, Opportunities And Strategies – Includes Commercial Helicopters Market Share
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Rising usage of helicopters in emergency medical services (EMS), search and rescue (SAR), and firefighting operations are expected to drive innovation in commercial helicopters manufacturing, thus driving the market during the forecast period.
The global commercial helicopters market 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 global commercial helicopters market size is expected to grow to $39.06 billion in 2027 at a CAGR of 7.9%.
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- By Type: Fixed wing drones, Rotary blade drones, Hybrid drones
- By Application: Agriculture and environment, Media and entertainment, Energy, Government, Construction & archaeology, Others
- By Technology: Remotely Operated, Semi-Autonomous, Autonomous
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global commercial helicopters market in 2021.
Major Market Players in the commercial helicopters market include Airbus Helicopter, Bell Helicopter, Leonardo, Lockheed Martin Corporation, Russian Helicopters, MD Helicopters Inc.
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 helicopter 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 Global Market Report 2023 provides a commercial helicopters market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The commercial helicopters market forecast analyzes commercial helicopters market size, commercial helicopters market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The commercial helicopter refers to any helicopters used for commercial purposes such as transportation of passengers, and cargo. The commercial helicopters can fly with one or two pilots and virtually land and take off everywhere from the airports and urban areas to the helipads on buildings.
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