Helicopters Market

Market Leader - Helicopters Market

The helicopters market is projected to grow from USD 21.3 billion in 2020 to USD 36.9 billion by 2025, at a CAGR of 11.7% during the forecast period. The major factors driving the market include increased demand for military helicopters, increased demand for lightweight helicopters, and increased demand for emergency medical service (EMS) helicopters.

Some of the major players in the helicopters market include Airbus Helicopters SAS (France), Bell Helicopters (US), The Boeing Company (US), Leonardo S.p.A. (Italy), Sirkorsky-Lockheed Martin (US), Russian Helicopters (Russia), Kawasaki Heavy Industries (Japan), among others. These players have adopted growth strategies such as partnerships, contracts, collaborations, new product launches, and acquisitions to expand their presence in the global helicopters market. Contracts was the leading strategy adopted by major players from 2017 to 2020. The market study also covers start-ups developing electric vertical take-off and landing aircraft (helicopters) (e-VTOLs) for the concept of urban air mobility. These are Lilium GmbH (Germany), Volocopter GmbH (Germany), EHang (China), Neva Aerospace (UK), Opener (US), Kitty Hawk (US), Joby Aviation (US), and Karem Aircraft (US), among others.

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Airbus Helicopters SAS (France) is a leading helicopter manufacturer. The company manufactures military and civil & commercial helicopters of the following types: light, medium, and heavy. These helicopters cater to a wide range of applications such as air crane operations, crop spraying, transport, attack, air ambulance, cargo, EMS, law enforcement, offshore, and search & rescue, among others. The company has proven its aviation design and manufacturing capabilities and is one of the leading aviation OEMs in the world. A strong global presence and strong customer relationships are factors helping the company grow and lead in the helicopters market.

Another major player in the helicopters market is Bell Helicopters (US). It is a part of one of the major aviation OEMs, Textron Aviation Inc. (US). The company offers both, military and commercial helicopters of various types for various applications. The company has a strong presence in this market, owing to its strong helicopter portfolio and investments in future technologies to align their portfolio with the changing market needs. The company has invested in developing its Nexus electric-hybrid helicopter to be used as an air taxi for urban air mobility. The company has partnered with Uber for the same. Such strong partnerships make it a strong player in the helicopters market.

The Boeing Company (US) is another major player in the helicopters market. It is one of the leaders in military helicopters and has a wide rotorcraft portfolio of military helicopters. The company’s extensive expertise as an aviation OEM has enabled it to prove its capabilities as a manufacturer. Along with this, its global reach and investments in R&D are other factors responsible for Boeing’s growth in this market.

Related Reports:

Helicopters Market by Point Of Sale (OEM, Aftermarket), OEM Type (Light, Medium, Heavy), OEM Application (Military, Civil & Commercial), OEM Number of Engine, OEM Component & System, Aftermarket by Component & System, and Region - Global Forecast to 2025

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Report Code
AS 5591
RI Published ON
7/23/2020
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