Commercial Helicopters Global Market Navigating Trends, Market Size, and Future Outlook 2024-2033
The Commercial Helicopters
by The Business Research Company provides market overview across 60+
geographies in the seven regions - Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, the Middle East, and Africa, encompassing
27 major global industries. The report presents a comprehensive analysis over a
ten-year historic period (2010-2021) and extends its insights into a ten-year
forecast period (2023-2033).
Learn More On The Commercial Helicopters Market:
https://www.thebusinessresearchcompany.com/report/commercial-helicopters-global-market-report
According to The Business Research Company’s Commercial Helicopters, the
commercial helicopters market size has grown exponentially in recent years. It
will grow from $31.98 billion in 2023 to $39.89 billion in 2024 at a compound
annual growth rate (CAGR) of 24.7%. The
growth in the historic period can be attributed to increased use of helicopters
in search and rescue (sar), growing demand for air ambulance services,
government support and rising number of tourist destinations.
The commercial helicopters market size is expected to see steady growth in the
next few years. It will grow to $47.69 billion in 2028 at a compound annual
growth rate (CAGR) of 4.6%. The growth
in the forecast period can be attributed to rising demand for air taxi, rise in
air transportation, increasing commercial aircraft orders, growth in offshore
oil and gas industry and growing urbanization. Major trends in the forecast
period include development of drone taxis, development of uav commercial
helicopters, use of artificial intelligence technology, product innovations,
use of internet of things (iot), development of hybrid-electric demonstrator
for commercial missions, strategic partnerships and collaborations and
development of flying laboratories to test next generation of innovations.
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.
According to the MIT International Center for Air Transportation (ICAT), air
ambulances transport approximately 400,000 patients by rotary-wing and 150,000
by fixed-wing aircraft each year in the USA, compared to 36 million transported
by ground. Thus, the ever-increasing number of helicopters in EMS is one of the
key drivers for the growth of the commercial helicopters market.
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The commercial helicopters market covered in this report 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, Other Applications
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. Global Commercial Helicopters Market Size and Growth
.....
32. Global Commercial Helicopters Market Competitive Benchmarking
33. Global Commercial Helicopters Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Commercial Helicopters
Market
35. Commercial Helicopters Market Future Outlook and Potential
Analysis
36. Appendix
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