Global Helicopter based Transportation Market Overview:
Helicopter based transportation is widely used in emergent aviation, which would provide on-demand aviation services. Rising adoption of substitutes, including the rise of unmanned aerial vehicle, increasingly used for bringing personnel and supplies to and from a mining site are expected to drive growth of the helicopter based transportation market over the years to come. The market for the helicopter based transportation is anticipated to register a CAGR of over 3.2% during the forecast period.
As per latest study released by AMA Research, the Global Helicopter based Transportation market is expected to see growth rate of 4.0%Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Reviving oil and gas industry since 2016, Increasing demand from wind farming and Growing network of service centers
Market Growth Drivers:
Increasing Demand from Wind Farming and Increasing Demand for Lightweight Helicopters
Challenges:
Regulatory challenges leading to increased operating costs and Stringent Regulatory Norms for Helicopter Manufacturing and Development
Restraints:
Defense Budget Cuts in Developed Nations
Opportunities:
Rising demand from emerging economics Such as India, China and others, Emerging Helicopters Aftermarket and Growing Demand for Fuel-Efficient Turboshaft Engines
Competitive Landscape:
The market is fragmented with numerous players focusing on technique and quality of the product owing to which the global helicopter based transportation market can witness an upsurge in the forecast period
Some of the key players profiled in the report are BRISTOW GROUP INC (United States), CHC Helicopter (Canada), Era Group (Canada), Erickson Incorporated (United States) and Petroleum Helicopters International, Inc. (United States). Analyst at AMA Research see Global Manufacturers to retain maximum share of Global Helicopter based Transportation market by 2030. Considering Market by Type, the sub-segment i.e. Passengers Transportation will boost the Helicopter based Transportation market.
Latest Market Insights:
in July 2022, Airbus Helicopters acquired a minority stake in KAI, a South Korean aerospace company with a helicopter manufacturing division. This partnership aims to collaborate on future helicopter development and production.
In February 2020, Bell Textron introduced the 525 Relentless, a medium-twin helicopter designed for commercial and private use. This highlights the lead time it can take for a new helicopter to be developed and brought to market.
What Can be Explored with the Helicopter based Transportation Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Helicopter based Transportation Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Helicopter based Transportation
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Helicopter based Transportation market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Helicopter based Transportation market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Helicopter Based Transportation, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.