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North America Helicopter Tourism Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Tourism Type (General Tourism and Customized Tourism) and Ownership Type (Fractional Ownership and Charter Service)

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    Report

  • 92 Pages
  • June 2021
  • Region: North America
  • The Insight Partners
  • ID: 5359890

FEATURED COMPANIES

  • Heli Chicago
  • Liberty helicopter
  • Maverick Aviation Group
  • Zip Aviation
Customized Tourism Segment to Dominate North America Helicopter tourism Market during 2020-2028





According to this research study titled “North America Helicopter Tourism Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Tourism Type and Ownership Type,” the market is expected to reach US$ 349.52 million by 2028 from US$ 272.50 million in 2021. The market is estimated to grow at a CAGR of 3.6% from 2021 to 2028. The report provides trends prevailing in the North America helicopter tourism market along with the drivers and restraints pertaining to the market growth. Rising craze of Heli taxi service is the major factor driving the growth of the North America helicopter tourism market. However, issues associated with recession in helicopter tourism business due to COVID-19 hinders the growth of North America helicopter tourism market.

The North America helicopter tourism market is segmented into tourism type and ownership type. Based on tourism type, the North America helicopter tourism market is further segmented into general tourism and customized tourism. The customized tourism segment held a substantial market share in 2020. Based on ownership type, the market is further categorized into fractional ownership and charter service. The charter service segment held a substantial market share in 2020.

The ongoing COVID-19 outbreak is severely affecting North America. The US is the worst-hit country in North America due to the outbreak of COVID-19, with thousands of infected individuals facing severe health conditions across the country. Most of the tourist destinations were either temporarily shut or are operating with limited number of visitors as per government prescribed guidelines; the flying hours of helicopters at tourist destinations have been reduced drastically due to lack of passengers; these are some of the critical issues faced by the North American tourism industry. As per the study, more than 2/3rd of helicopter operators in the US admitted that their business has reduced by more than 50% in 2020 due to the ongoing pandemic. The US is one of the largest markets for helicopter tourism services, especially for aerial sightseeing of cities such as Vegas, New York, Grand Canyon, and Kauai. At present, all of them are operating with less tourists on board following the government set protocol of social distancing.

Bird's Eye View Helicopters LLC; Heli Chicago; Helicopter Flight Services, Inc.; Liberty helicopter; Maverick Aviation Group; Papillon Grand Canyon Helicopters; and Zip Aviation are among the leading companies in the North America helicopter tourism market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, Maverick Helicopters signed an agreement with Las Vegas Motor Speedway.

The report segments the North America Helicopter Tourism Market as follows:

North America Helicopter Tourism Market - By Tourism Type
  • General tourism
  • Customized tourism

North America Helicopter Tourism Market - By Ownership Type
  • Fractional ownership
  • Charter service

North America Helicopter Tourism Market - By Country
  • US
  • Canada
  • Mexico
Frequently Asked Questions about the North American Helicopter Tourism Market

What is the estimated value of the North American Helicopter Tourism Market?

The North American Helicopter Tourism Market was estimated to be valued at $272.5 Million in 2021.

What is the growth rate of the North American Helicopter Tourism Market?

The growth rate of the North American Helicopter Tourism Market is 3.6%, with an estimated value of $349.5 Million by 2028.

What is the forecasted size of the North American Helicopter Tourism Market?

The North American Helicopter Tourism Market is estimated to be worth $349.5 Million by 2028.

Who are the key companies in the North American Helicopter Tourism Market?

Key companies in the North American Helicopter Tourism Market include Bird's Eye View Helicopters LLC, Heli Chicago, Helicopter Flight Services, Inc., Liberty helicopter, Maverick Aviation Group and Zip Aviation.

FEATURED COMPANIES

  • Heli Chicago
  • Liberty helicopter
  • Maverick Aviation Group
  • Zip Aviation

1. Introduction
1.1 Scope of the Study
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Helicopter Tourism Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 Expert Opinions
4.4 North America PEST Analysis
5. North America Helicopter Tourism Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Surging Growth in Tourism Industry Combined with Positive Economic Outlook
5.1.2 Aerial Sightseeing Gaining Interest of Tourists
5.1.3 Rising Acceptance of Heli Taxi Service
5.2 Key Market Restraint
5.2.1 Alarming Number of Past Helicopter Accidents
5.3 Future Trend
5.3.1 Upcoming of Autonomous Flight Technology
5.4 Impact Analysis of Drivers and Restraints
5.4.1 North America Helicopter Tourism Market Impact Analysis of Drivers and Restraints
6. Helicopter Tourism Market - North America Analysis
6.1 North America Helicopter Tourism Market Overview
6.2 North America Helicopter Tourism Market Forecast and Analysis
7. North America Helicopter Tourism Market Analysis - By Tourism Type
7.1 Overview
7.2 North America Helicopter Tourism Market Breakdown, By Tourism Type, 2018 & 2027
7.3 General Tourism
7.3.1 Overview
7.3.2 General Tourism Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Customized Tourism
7.4.1 Overview
7.4.2 Customized Tourism Market Revenue and Forecasts to 2028 (US$ Million)
8. North America Helicopter Tourism Market Analysis - By Ownership Type
8.1 Overview
8.2 North America Helicopter Tourism Market Breakdown, By Ownership Type, 2018 & 2027
8.3 Fractional Ownership
8.3.1 Overview
8.3.2 Fractional Ownership Market Revenue and Forecasts to 2028 (US$ Million)
8.4 Charter Service
8.4.1 Overview
8.4.2 Charter Service Market Revenue and Forecasts to 2028 (US$ Million)
9. North America Helicopter Tourism Market - Country Analysis
9.1 Overview
9.1.1 North America Helicopter Tourism Market Breakdown, by Country
9.1.1.1 US Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US Helicopter Tourism Market Breakdown, by Tourism Type
9.1.1.1.2 US Helicopter Tourism Market Breakdown, by Ownership Type
9.1.1.2 Canada Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada Helicopter Tourism Market Breakdown, by Tourism Type
9.1.1.2.2 Canada Helicopter Tourism Market Breakdown, by Ownership Type
9.1.1.3 Mexico Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico Helicopter Tourism Market Breakdown, by Tourism Type
9.1.1.3.2 Mexico Helicopter Tourism Market Breakdown, by Ownership Type
10. Impact of COVID-19 Outbreak on North America Helicopter Tourism Market
10.1.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Bird's Eye View Helicopters LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Liberty helicopter
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Helicopter Flight Services, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Maverick Aviation Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Papillon Grand Canyon Helicopters
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Zip Aviation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Heli Chicago
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. Recent Helicopter Crashes
Table 2. North America Helicopter Tourism Market Revenue and Forecasts to 2028 (US$ Million)
Table 3. US Helicopter Tourism Market Revenue and Forecast to 2028 - By Tourism Type (US$ Million)
Table 4. US Helicopter Tourism Market Revenue and Forecast to 2028 - By Ownership Type (US$ Million)
Table 5. Canada Helicopter Tourism Market Revenue and Forecast to 2028 - By Tourism Type (US$ Million)
Table 6. Canada Helicopter Tourism Market Revenue and Forecast to 2028 - By Ownership Type (US$ Million)
Table 7. Mexico Helicopter Tourism Market Revenue and Forecast to 2028 - By Tourism Type (US$ Million)
Table 8. Mexico Helicopter Tourism Market Revenue and Forecast to 2028 - By Ownership Type (US$ Million)
Table 9. Glossary of Term: Helicopter Tourism Market
List of Figures
Figure 1. North America Helicopter Tourism Market Segmentation
Figure 2. North America Helicopter Tourism Market Segmentation - By Country
Figure 3. North America Helicopter Tourism Market Overview
Figure 4. US to Dominate the Market Throughout the Forecast Period
Figure 5. Customized Tourism held the Largest Market Share in 2020
Figure 6. Fractional Ownership held the Largest Market Share in 2020
Figure 7. North America Helicopter Tourism Market Ecosystem Analysis
Figure 8. Expert Opinions
Figure 9. North America - PEST Analysis
Figure 10. North America Helicopter Tourism Market Forecast and Analysis (US$ Million)
Figure 11. North America Helicopter Tourism Market Breakdown, By Tourism Type, 2020 and 2028 (%)
Figure 12. North America General Tourism Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. North America Customized Tourism Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. North America Helicopter Tourism Market Breakdown, By Ownership Type, 2020 and 2028 (%)
Figure 15. North America Fractional Ownership Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. North America Charter Service Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. North America Helicopter Tourism Market, by Key Country - Revenue 2020 (US$ Million)
Figure 18. North America Helicopter Tourism Market Breakdown, by Country, 2020 and 2028 (%)
Figure 19. US Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Canada Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Mexico Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)

A selection of companies mentioned in this report includes:

  • Bird's Eye View Helicopters LLC
  • Heli Chicago
  • Helicopter Flight Services, Inc.
  • Liberty helicopter
  • Maverick Aviation Group
  • Papillon Grand Canyon Helicopters
  • Zip Aviation