(MENAFN- America News Hour)
A recently published report “Civil Helicopter Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the civil helicopter market in terms of market segmentation by engine type, by takeoff weight, by application and by region.
The global civil helicopter market is anticipated to record a CAGR of around 5% during the forecast period i.e. 2019-2027. The market is segmented by engine type into single and twin engine. The market is further segmented by takeoff weight into 3175 kg to 5700 kg and 5700 kg to 9000 kg. On the basis of application, the market is segmented into airborne law enforcement, fire, forestry & wildlife conservation, Helicopter Emergency Medical Services (HEMS), SAR and others.
North America region accounted for the largest share in the global civil helicopters market on account of increase in the application of helicopters in emergency medical services such as shifting critically ill patients from one place to another without losing time in road traffic, offshore transportation services. Expansion in the aviation industry and increase in the manufacturers providing helicopters that are equipped with advanced technology are impelling the growth of the civil helicopter market in the Europe region. APAC region is anticipated to have significant growth owing to utilization of helicopters in rescue operations and transportation of tourists in the hilly areas in the developing countries of the region.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
For more information about this report visit:
Civil helicopter market acquired major chunk in the aerospace industry in the recent years owing to the impact of global economic crisis. The market has witnessed continuous growth on account of its effectiveness in reaching remote, high altitude and natural disaster-affected areas. Recently, focus has been made on allowing helicopters to operate in the remote areas and in areas where airports are under improvement or are completely non-existent. In such areas, helicopters are useful as they have landing capabilities and vertical takeoff. Furthermore, rise in demand for offshore transportation and demand for helicopters in Emergency Medical Areas are the factors boosting the growth of the market. The market for civil helicopters is highly competitive owing to the presence of large companies and their acquisitions, partnerships, collaborations have made them gain competitive advantage and retain their position in the market with respect to other competitors.
The global civil helicopter market is anticipated to record a CAGR of around 5% during the forecast period i.e. 2019-2027.
However, continuous crash in the global crude oil prices is likely to be a major restraint towards the growth of the civil helicopter market over the forecast period.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model.
This report also provides the existing competitive scenario of some of the key players of the civil helicopter market which includes company profiling of Bell Helicopter Textron Inc., AVIC Helicopter Company, Airbus S.A.S, Leonardo S.p.A, MD Helicopters Inc., Korea Aerospace Industries Ltd., Hindustan Aeronautics Ltd., Enstrom Helicopter Corporation, Lockheed Martin Corporation, Russian Helicopters JSC, Robinson Helicopter Company. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the civil helicopter market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Get a PDF Sample for more detailed market insights:
About Research Nester
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
U.S. Phone: +1 646 586 9123
U.K. Phone: +44 203 608 5919
Research Nester is a one-stop service provider, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives to make wise decisions for their future investment and expansion by providing them qualitative market insights and strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also to be equally respected by our employees and being appreciated by the competitors.
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.