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Helicopter Market Size to Reach USD 68.34 Billion by 2027; Rising Border Disputes to Fuel Helicopter Industry Demand, states Fortune Business Insights™

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Pune, Aug. 07, 2020 (GLOBE NEWSWIRE) — The global helicopter market size is expected to reach USD 68.34 billion by 2027, exhibiting a CAGR of 6.96% during the forecast period. The integration of advanced technologies such as single-engine operative mode and Fly-by-wire with autonomous capabilities in helicopters can be an essential factor augmenting the growth of the market, states Fortune Business Insights in a report, titled “Helicopter Market Size, Share & COVID-19 Impact Analysis, By Type (Civil & Commercial, and military), By Application (Emergency medical service (EMS), Corporate Services, Search and Rescue Operations, Oil And Gas, Defense, Homeland Security, And Others), By System (Airframe, Engine, Avionics, Landing Gear System, Cabin Interiors), By Point of Sale (OEMs and Aftermarket), By Weight (Light Weight, Medium, And Heavy), and Regional Forecast, 2020-2027” the market size stood at USD 48.19 billion in 2019.https://www.fortunebusinessinsights.com/industry-reports/helicopter-market-101685
The report helicopter market encompasses:Latest Industry TrendsFrequent strategies implemented by competitorsGlobal records and market figuresLeading region in terms of revenue and sharePlease Visit: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/helicopter-market-101685
The surge in transnational disputes among numerous countries has led the reinforcement of security systems, monitoring methods, and combat techniques in the military division, which, in turn, will spur opportunities for the market. The growing border disputes and terrorist activities have subsequently increased the defense budget, leading to modernization and deployment of military helicopters and fighter jets, thus boosting the market growth.The escalation in the defense budget is likely to enable speedy expansion of the market. As stated by the Stockholm International Peace Research Institute (SIPRI), the global military expenditure has increased by 3.6% in 2019 as compared to 2018. The growing emphasis on modernization programs by numerous countries is predicted to have a tremendous impact on the market during the forecast period.Regional Analysis:Demand for Air Ambulance Services to Augment Growth in North AmericaThe market size in North America stood at USD 14.41 billion in 2019 and is expected to witness a high growth rate in the forthcoming years. The growth of the region is attributed to the presence of major players in the market. The surge in the defense budget by the U.S. government for the modernization of military helicopters will contribute positively to the growth of the market. Moreover, the growing demand for air ambulance services owing to the increasing COVID-19 patients will further improve prospects of the market in the forthcoming years.Key Development:June 2020: Lockheed Martin Corporation signed a contract with the Indian Navy worth USD 375 million. The contract will include the customization of the hardware and software in 24 Sikorsky MH-60R anti-submarine warfare helicopters.
List of the Leading Companies Profiled in the Helicopter Market Research Report are:Airbus SAS (Leiden, the Netherlands)Bell Helicopter Textron (Texas, the U.S.)The Boeing Company (Illinois, United States)Leonardo Spa (Rome, Italy)Lockheed Martin Corporation (Maryland, United States)Russian Helicopters, LSC (Moscow, Russia)Kawasaki Heavy Industries  (Tokyo, Japan)MD Helicopters, Inc. (Arizona, United States)Korean Aerospace Industries, Ltd. (Sachsen, South Korea)Hindustan Aeronautics Limited (Bangalore, India)Robinson Helicopter Company (California, United States)Other PlayersIntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesKey InsightsKey Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and PartnershipsLatest technological AdvancementsPorters Five Forces AnalysisSupply Chain AnalysisQuantitative Insights – Impact of COVID-19 Pandemic on Global Helicopter IndustryImpact of COVID-19 on Global Helicopter MarketSteps Taken by Industry/Companies/Governments to Overcome the ImpactPotential Opportunities Due to COVID-19 OutbreakKey Development Post CVOVID-19 PandemicGlobal Helicopter Market Analysis, Insights and Forecast, 2016-2027Key Findings / SummaryMarket Analysis, Insights and Forecast – By TypeCivil & CommercialMilitaryMarket Analysis, Insights and Forecast – By ApplicationEmergency Medical Service (EMS)Corporate ServicesSearch and rescue operationsOil and gasDefenseHomeland SecurityOthersMarket Analysis, Insights and Forecast – By SystemAirframeEngineAvionicsLanding Gear SystemCabin InteriorsMarket Analysis, Insights and Forecast – By Point of SaleOEMsAftermarketMarket Analysis, Insights and Forecast – By RegionNorth AmericaEuropeAsia PacificRest of the WorldTOC Continued..!!!
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Helicopter Services Market Size, Share & Industry Analysis, By Type (Light Weight, Medium Weight, and Heavy Weight), By Application (Offshore helicopter, Air Ambulance, Business/Corporate Travel, Disaster & Humanitarian Aid, Leisure Charter, Transport, Media & Entertainment, and Surveying & Aerial Imaging), and Regional Forecast, 2018-2026Offshore Helicopter Services Market Size, Share & Industry Analysis, By Type (Light Weight, Medium Weight, and Heavy Weight), By Application (Inspection, Monitoring and Surveying, Passenger Transport, Goods Transport, Search and Rescue, and Others), and Regional Forecast, 2019-2026Air Ambulance Services Market Size, Share & Industry Analysis, By Service Operator(Hospital-based, Independent, and Government), By Application (Inter-Facility, Rescue Helicopter Service, Organ Transplant Logistics, Others (Neonatal and Pediatric transport, Overweight Patient Transport, and Medical Equipment Transport)), By Aircraft Type (Fixed-Wing and Rotary-Wing), and Regional Forecast, 2019-2026Business Jet Market Size, Share & COVID-19 Impact Analysis, By Business Jet Type (Very Light Jet, Light, Super-Light, Mid-size, Super-Mid-Size, Large, Super Large, Ultra Long Range), By Platform (On-Demand Service, Aircraft Management Services), By System (Propulsion System, Aerostructures, Avionics), By End Use (Private and Operators), By Point of Sale (OEM and Aftermarket), and Regional Forecast, 2020-2027
Aerospace 3D Printing Market Size, Share & Industry Analysis, By Vertical (Printers and Materials), By Industry Type (UAV, Aircraft, and Spacecraft), By Application Type (Engine Components, Space Components, and Structural Components), By Printer Technology Type (DMLS, FDM, CLIP, SLA, SLS and Others), and Regional Forecast 2019-2026
Avionics Market Size, Share & Industry Analysis, By System (Hardware Systems (Flight Management System (FMS), Communication, Navigation, and Surveillance (CNS), Electrical System, Emergency System, Health Monitoring System, Collision Avoidance System, Weather System) and Software Systems), Platform (Commercial, Military, Business Jets, General Aviation), End-Use (OEM and Aftermarket), and Regional Forecast, 2019-2026

About Us:Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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