Over the past few year, factors such as Surging Technological Advancement in Light Weight Helicopter Fleet Manufacturing
have contributed to the development of the Global Commercial Helicopter market.
Undoubtedly, Rise in Use of Helicopter for Touring, Transportation and VIP Movement
is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global Commercial Helicopter market is expected to make a significant contribution
AMA research has engaged in the competitive assessment of China & Global Commercial Helicopter Manufacturers for 5 years. The Top 10 Competitive Manufacturers in the Commercial Helicopter in 2023 clearly displays the competitive situations of main Commercial Helicopter Manufacturersin 2023. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list . Players like Lockheed Martin Corporation, Sikrosky Aircraft Corporation and Bell Helicopter Textron Inc. accumulates maximum market share showcasing strong market competitive advantage.
The Engine Type, such as Single Engine, is boosting the Commercial Helicopter market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
With the multiple advantages of technology, cost and service, many major Manufacturers such as Lockheed Martin Corporation (Sikorsky)(United States), Sikrosky Aircraft Corporation (United States), Bell Helicopter Textron Inc. (United States), MD Helicopters Inc. (United States), Robinson Helicopter Company (United States), Enstrom Helicopter Corporation (United States), Agustawestland (Italy), Hindustan Aeronautics Ltd (India), Leonardo S.p.A. (Italy), Russian Helicopters (Russia) and Korea Aerospace Industries Ltd (South Korea) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global Commercial Helicopter industry.This framework should serve as a basic structure to support the strategic decision-making process for industry players. For instance, the question of whether a Manufacturers wants to expand into other areas of the market value chain fundamentally determines its strategy.
Helicopter design, production, maintenance, and flying are all strongly regulated, and these regulations are the domain of national authorities. The two most important global regions are the USA, which is controlled by the FAA (Federal Aviation Administration), and the European Union (EU), which is regulated by the EASA (European Aviation Safety Agency). "The U.S. Department of Transportation’s Federal Aviation Administration (FAA) issued a rule that requires helicopter operators, including air ambulances, to have stricter flight rules and procedures, improved communications, training, and additional on-board safety equipment. The rule has made significant improvements to helicopter safety in decades and responds to government’s and industry’s concern over continued risk in helicopter operations."
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Commercial Helicopter market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Data Triangulation The overall Commercial Helicopter market size is calculated using market estimation process, the Commercial Helicopter market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Commercial Helicopter market size has been validated using both top-down and bottom-up approaches.