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Helicopters - Global Strategic Business Report

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    Report

  • 503 Pages
  • December 2023
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805574

Quick Summary:

In the fast-pacing world of aviation, getting ahead of trends, technologies, and transformations can be key to successful strategic planning. This is particularly true in the rapidly growing Global Helicopters Market, expected to reach an impressive value of USD 54.9 Billion by 2030. Harnessing this exciting growth and navigating opportunities in such a market requires insightful, up-to-date intelligence.

Our comprehensive market research report offers you a robust, data-driven foundation to gain a competitive edge. The information encompasses international growth hotspots like the United States, where the market stands at $11.2 Billion, and China, with an eye-catching growth trajectory of 7.6% CAGR. Amid the clutter and noise, this study provides clear, insightful analysis of market segments including Airframes and Engine, alongside focused competitor scrutiny of industry leaders such as AIRBUS SAS, Bell Helicopter Textron, Inc., and Boeing Company. Enrich your decision-making and open the doors to new realms of business possibilities with our versatile market report.

Global Helicopters Market to Reach $54.9 Billion by 2030

The global market for Helicopters estimated at US$34.7 Billion in the year 2022, is projected to reach a revised size of US$54.9 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Airframes, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$47.5 Billion by the end of the analysis period. Growth in the Engine segment is estimated at 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $11.2 Billion, While China is Forecast to Grow at 7.6% CAGR

The Helicopters market in the U.S. is estimated at US$11.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Select Competitors (Total 67 Featured)

  • Airbus Helicopteres SAS
  • Helicopteres Guimbal
  • Hindustan Aeronautics Limited (HAL)
  • Kaman Corporation
  • Kawasaki Heavy Industries Ltd.
  • Leonardo SPA
  • Lockheed Martin Corporation
  • MD Helicopters Inc.
  • Mitsubishi Heavy Industries Ltd.
  • Robinson Helicopter Company
  • Russian Helicopters, JSC
  • Textron, Inc.
  • The Boeing Company

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Helicopters Market

What is the estimated value of the Helicopters Market?

The Helicopters Market was estimated to be valued at $34.7 Billion in 2022.

What is the growth rate of the Helicopters Market?

The growth rate of the Helicopters Market is 5.9%, with an estimated value of $54.9 Billion by 2030.

What is the forecasted size of the Helicopters Market?

The Helicopters Market is estimated to be worth $54.9 Billion by 2030.

Who are the key companies in the Helicopters Market?

Key companies in the Helicopters Market include Airbus Helicopteres SAS, Helicopteres Guimbal, Hindustan Aeronautics Limited (HAL), Kaman Corporation, Kawasaki Heavy Industries Ltd., Leonardo SPA, Lockheed Martin Corporation, MD Helicopters Inc., Mitsubishi Heavy Industries Ltd. and Robinson Helicopter Company.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • From Pandemic to War & Inflation: “Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions”
  • Here’s How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
  • Here’s What’s Causing Inflationary Pressures in the Global Market
  • Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation to the Highest Level Seen Since 1996: Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Although Facing a Lower Recession Risk, Global Economic Growth in 2023 to Slowdown Amid War, Inflation, Elevated Interest Rates & Marginal Easing of Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Competitive Scenario
  • Select Innovations and Advancements
  • Helicopters - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Market Prospects & Outlook
  • World Helicopters Market by Component (2023 & 2030): Percentage Breakdown of Sales for Airframes, and Engine
  • World Helicopters Market by End-Use (2023 & 2030): Percentage Breakdown of Sales for Civil & Commercial, and Military
  • Analysis by Weight
  • World Helicopters Market by Weight (2023 & 2030): Percentage Breakdown of Sales for Lightweight, Medium Weight, and Heavy Weight
  • Regional Analysis
  • World Helicopters Market by Region (2023 & 2030): Percentage Breakdown of Sales for Developed and Developing Regions
  • World Helicopters Market - Geographic Regions Ranked by CAGR (Sales) for 2022-2030: China, Asia-Pacific, Middle East, Latin America, USA, Africa, Europe, Canada, and Japan
  • Helicopters: An Introduction
  • Historical Timelines and Inventions over the Years…
  • Flight Conditions of a Helicopter
  • An Insight into Design Elements
  • Application Areas of Helicopters
  • An Overview of Military Use Helicopters
  • Operations and Tactics
  • Search and Rescue (SAR) Helicopter: A Brief Note
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • As the World Steps Up Military Spending in the Wake of the Russia Ukraine War, It is Uninterrupted Growth for OEMs in the Military Supply Chain
  • Healthy Defense Spending to Amplify the Need for High Altitude Platforms: Projected Defense Budget (In US$ Billion) for the Years 2019, 2021 and 2023
  • Military Supply Chain to Benefit from the Unfortunate State of Global Geo-Political Affairs: Military Spending by Top Countries in 2022 (In US$ Billion)
  • Military Expenditure as a % of GDP in Select Countries
  • Putin’s Nuclear Sabre Rattling Puts the World on Edge & Defense Spending on Top of the Priority List in an Increasingly Nervous, Multipolar World: Global Inventory of Nuclear Warheads by Country for the Year 2022 (In Units)
  • The Rise in Helicopter Adoption for the Military Applications
  • Aging Aircraft, Maintenance Issues and Issues with Procurement of Supplies on Time Make Most Military Aircraft Non-ready for Combat Missions
  • A Glance at Select Advanced Combat Helicopters
  • Attack Helicopters Market: An Overview
  • Key Market Drivers
  • Commercial Helicopter Market: An Overview
  • Key Trends in Offshore Helicopter Market
  • Demand for High Storage Capacity Helicopters Drives the Market Growth
  • Potential for Utility Helicopters in Power and Infrastructure Projects
  • Increased Demand for Luxurious and Custom-made Helicopters in the Transportation Industry
  • An Increase in Helicopter Penetration for Medical Emergency Services
  • An Opportunity to Commercialize EVTOL and UAM
  • The Rise in Drones' Usage
  • Global Market for UAV Drones (In US$ Billion) for Years 2023, 2025 and 2027
  • Replacement of Aged Helicopter Fleet to Drive Market Growth
  • OEMs and PMAs Tussle for Larger Share in the Evolving MRO Market
  • Primary Factors Responsible for MRO Supply Chain Whirlwind
  • Global Market for MRO (In US$ Million) for Years 2021, 2023, 2025, 2027
  • Global MRO Spending (In US$ Billion) by Segment for the Years 2020 & 2027
  • Growing Helicopter MRO to Propel the Helicopters' Market Growth
  • Innovative Engines Grow in Commercial Value in Both Civilian & Military Sectors
  • The Most Important Part of Aerospace Manufacturing is Material Innovation. Here’s Why
  • Additive Manufacturing Storms into the Spotlight in the Helicopters Sector
  • Blockchain Gains Spotlight for Rotorcraft Parts Tracking
  • Innovations and Advancements Lay Foundation Stone for Future Growth
  • Innovations in Helicopter Design with Safety as Top Priority
  • Sophistications Achieved in Helicopter Communications Over the Years
  • HIRIS’ Wireless Data Transmission Technology for Helicopters
  • Sikorsky’s X2 Technology for Improved Helicopter Operations
  • Honeywell’s Solutions for Making Helicopters and Fixed-Wing Aircraft Safer
  • SureFly: A Hybrid-Electric Helicopter
  • Futuristic Helicopter from Boeing and Lockheed
  • China and Russia Developing Heavy-Lift Helicopter
  • Increase in Fuel Prices to Present the Helicopter Market with a Challenge
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Helicopters Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Helicopters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Helicopters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 4: World 16-Year Perspective for Helicopters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Airframes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Airframes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 7: World 16-Year Perspective for Airframes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Engine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Engine by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 10: World 16-Year Perspective for Engine by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Lightweight by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Lightweight by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 13: World 16-Year Perspective for Lightweight by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Medium Weight by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Medium Weight by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 16: World 16-Year Perspective for Medium Weight by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Heavy Weight by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Heavy Weight by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 19: World 16-Year Perspective for Heavy Weight by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Civil & Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Civil & Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 22: World 16-Year Perspective for Civil & Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Military by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Military by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 25: World 16-Year Perspective for Military by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Helicopters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • US Dominates the Global Military Helicopters Market
  • Army to Induct FARA
  • HEMS Sector to Drive Growth in the Civil Helicopters Market
  • CANADA
  • JAPAN
  • Helicopters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Japan Focuses on Renewal of Military Helicopters Fleet
  • CHINA
  • Helicopters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • China: A High Growth Potential Helicopter Market
  • China Leads the Global Demand Growth for Civil Helicopters
  • Helicopter Industry Benefits from Civil-Military Integration
  • Helicopter EMS Market Suffers from Lack of Adequate Traction
  • EUROPE
  • Helicopters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Emergency Medical Service Helicopters across Europe Characterized by Significant Differences
  • FRANCE
  • GERMANY
  • Germany to Allocate Funding for Military Helicopter
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • Helicopters Market to Exhibits Stable Growth
  • EMS Helicopters Fuel Resurgence of Russian Civil Helicopters Market
  • REST OF EUROPE
  • Norway: Brief Historical Background of Offshore Helicopter
  • ASIA-PACIFIC
  • Helicopters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Helicopter Tourism Aids Market Growth
  • Asia-Pacific (including China and Japan) At the Forefront of Growth in Civil Helicopters Market
  • AUSTRALIA
  • INDIA
  • Providing Remote Connectivity, Civilian Helicopters to Emerge as a Potential Growth Factor
  • Military Helicopters: Huge Prospects in Store
  • Helicopters to Propel Growth of Military Aviation Market
  • HEMS Market Still in Nascent Stage
  • Despite Huge Potential, India’s Helicopter Market Remains a Small Market
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Helicopters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • AFRICA
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Airbus Helicopteres SAS
  • Helicopteres Guimbal
  • Hindustan Aeronautics Limited (HAL)
  • Kaman Corporation
  • Kawasaki Heavy Industries Ltd.
  • Leonardo SPA
  • Lockheed Martin Corporation
  • MD Helicopters Inc.
  • Mitsubishi Heavy Industries Ltd.
  • Robinson Helicopter Company
  • Russian Helicopters, JSC
  • Textron, Inc.
  • The Boeing Company