Helicopters Market | Achieves Record-breaking Growth to Generate $39.87 billion - 2031
Helicopters Market
On the basis of number of engines, the twin engine segment is anticipated to exhibit significant growth in future.
WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, April 18, 2024 /EINPresswire.com/ -- ๐๐๐ฅ๐ข๐๐จ๐ฉ๐ญ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ by Type (Civil and Commercial, Military), by Weight (Lightweight, Medium Weight, Heavy Weight), by Number of Engine (Twin Engine, Single Engine), by Application (Emergency Medical Service, Oil and Gas, Defense, Homeland Security, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global helicopters industry generated $20.36 billion in 2021, and is expected to reach $39.87 billion by 2031, witnessing a CAGR of 7.3% from 2022 to 2031.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A06230
North America was the highest revenue contributor. The U.S. dominated the global helicopter market share in North America in 2021, owing to increase in R&D activities; technological developments by key players; and rapid adoption of innovative technologies in making advanced, reliable, precise, and efficient helicopter components. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in procurement and development of advanced helicopter systems by several Asian nations, for instance, China, India, Japan, and South Korea.
By type, the helicopter market has been categorized into civil & commercial and military. The civil & commercial segment accounted for the highest revenue in 2021, owing to high demand for civil & commercial helicopter services globally.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
๐๐จ๐๐ข๐ง๐ฌ๐จ๐ง ๐๐๐ฅ๐ข๐๐จ๐ฉ๐ญ๐๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ, ๐๐ก๐ ๐๐จ๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ, ๐๐๐ฐ๐๐ฌ๐๐ค๐ข ๐๐๐๐ฏ๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐๐ญ๐, ๐๐๐จ๐ง๐๐ซ๐๐จ ๐๐ฉ๐, ๐๐ข๐ญ๐ฌ๐ฎ๐๐ข๐ฌ๐ก๐ข ๐๐๐๐ฏ๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐๐ญ๐, ๐๐๐ฆ๐๐ง ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐๐ฅ๐ฅ ๐๐๐ฑ๐ญ๐ซ๐จ๐ง ๐๐ง๐, ๐๐ ๐๐๐ฅ๐ข๐๐จ๐ฉ๐ญ๐๐ซ๐ฌ ๐๐ง๐, ๐๐ข๐ซ๐๐ฎ๐ฌ, ๐๐๐ฅ๐ข๐๐จ๐ฉ๐ญ๐๐ซ๐๐ฌ ๐๐ฎ๐ข๐ฆ๐๐๐ฅ
Depending on application, the helicopter market is fragmented into emergency medical services, oil & gas, defense, homeland security, and others. The homeland security segment was the highest revenue contributor in 2021, owing to a majority of the helicopters being consumed for various homeland security applications throughout the world.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/helicopters-market/purchase-options
Increase in adoption of advanced helicopters & rotorcrafts by law enforcement and military sectors, surge in demand for aerial imagining, increase in oil & gas exploration activities, and demand for customized and luxurious commercial helicopters drive the growth of the global helicopters market. However, surge in implementation of drones, high cost of operations, and limitation on the range of transportation restrain the market growth. On the other hand, rise for helicopters for tourism purposes, increase in penetration of helicopters for emergency services, and surge in demand for upgrade of helicopter fleets create new opportunities in the coming years.
Based on number of engine, the twin engine segment contributed to the highest market share in 2021, accounting for nearly two-third of the global helicopters market size, and is expected to maintain its dominant share during the forecast period. Moreover, this segment is projected to manifest the fastest CAGR of 7.9% from 2022 to 2031. This is due to safety and high-speed provided by twin engine helicopters and their ability to travel long distances and quiet operations. The research also analyzes the single engine segment.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Based on region, North America contributed to the highest market share in 2021, holding more than two-fifths of the global helicopters market, and is expected to maintain its lead status by 2031. This is due to increase in production activities of helicopters in the U.S. and upgrade activities of the existing fleets. However, Asia-Pacific is projected to register the fastest CAGR of 10.3% from 2022 to 2031, owing to surge in procurement and development of advanced helicopter systems by several Asian nations such as India, China, Japan, and others.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A06230
On the basis of number of the engines, the helicopter market is bifurcated into twin engines and single engine. The twin engines segment garnered the highest revenue in 2021, owing to rise in demand for twin engine helicopters (owing to their high reliability) globally.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
By type, the military segment is expected to register a significant growth during the forecast period.
On the basis of weight, the heavy weight segment is anticipated to exhibit significant growth in future.
On the basis of number of engines, the twin engine segment is anticipated to exhibit significant growth in future.
According to application, the oil and gas segment is projected to lead the global helicopter market.
Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Satellite Payload Market - https://www.globenewswire.com/en/news-release/2023/10/23/2764395/0/en/Satellite-Payload-Market-to-Generate-17-6-Billion-by-2030-with-8-3-CAGR-states-Allied-Market-Research.html
Helicopter Simulation Market - https://www.globenewswire.com/en/news-release/2023/03/23/2633179/0/en/Helicopter-Simulation-Market-Size-to-Generate-1-8-Billion-by-2031-Allied-Market-Research.html
Unmanned Surface Vehicle Market - https://www.prnewswire.com/news-releases/unmanned-surface-vehicle-market-to-reach-2-7-billion-globally-by-2032-at-11-5-cagr-allied-market-research-301960184.html
David Correa
Allied Market Research
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