Helicopters Market Scope
A helicopter, a type of aircraft, uses spinning or rotating, wings called blades to fly. It can be used for various things such as flying ambulances to carry patients and can be loaded with water to fight large fires. Off late, helicopters highly used in rescue operation during the flood, and in hard-to-reach places such as mountain or in oceans. Territorial disputes in Asia have conjointly compelled governments of the region to extend their defence disbursal. This increased defence disbursal is predicted to completely mirror on the acquisition of military helicopters, particularly in China and India.
According to AMA, the Global Helicopters market is expected to see growth rate of 2.8% and may see market size of USD39.4 Billion by 2026.
Research Analyst at AMA estimates that Global Manufacturers will contribute to the maximum growth of Global Helicopters market throughout the predicted period.
Airbus Helicopters (France), Robinson Helicopter (United States), Russian Helicopters (Russia), Bell (United States), Lockheed Martin (United States), Leonardo (Italy), Boeing (United States), Kawasaki Heavy Industries, Ltd. (Japan), Columbia Helicopters (United States), Avicopter (China) and Korea Aerospace Industries (KAI) (South Korea) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Helicopters market by Type (Light Helicopters, Medium Helicopters and Heavy Helicopters), by Application (Military Use and Civil & Commercial Use) and Region with country level break-up.
On the basis of geography, the market of Helicopters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
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)
Market Trend
- Surging Technological Advancement in Light Weight Helicopter Fleet Manufacturing
- Huge R&D Investments in Defense Sector in both Developed and Developing Countries
Market Drivers
- Investing Huge Amount on the Development of Civil and Military Helicopter Fleet in Emerging Economies
- Increasing Medical and Emergency Rescue Services, Transportation and VIP Movement Globally
Opportunities
- Growing Demand for Fuel-Efficient Turbo-Shaft Engines
Restraints
- Defense Budget Cuts in Developed Nations
Challenges
- High Cost Associated With New Technology
- Stringent Regulatory Norms for Helicopter Manufacturing and Development
Key Target Audience
System/Component Providers, Original Equipment Manufacturers, Subsystem Manufacturers, Aftermarket Operators, Ministry of Defense (across the globe), Technology Support Providers, Aviation Sector and Scientific Research Centers