Helicopters Market

Contract Was the Key Strategy Adopted by Leading Players to Achieve Growth in the Helicopters Market

The contract strategy was a widely adopted growth strategy of the industry players in the helicopters market. This strategy was adopted by the leading players to enhance their market penetration and increase their service offerings in the helicopters market globally. Airbus Helicopters Inc. (US), Bell Helicopters Textron Inc. (US), Russian Helicopters, JSC (Russia), Leonardo S.p.A. (Italy), Lockheed Martin Corporation - Sikorsky (US), Kawasaki Heavy industries, Ltd. (Japan), Columbia Helicopters (US), and Boeing (US) are some of the leading players in the helicopters market that adopted this strategy to develop their business.

Airbus Helicopters Inc. is the leading player in the helicopters market and accounted for the largest market share of 23.5% in 2016. The company focuses on securing a large number of supply contracts through extensive R&D activities, which involve applied research, new product & systems development, and concept studies. R&D investments remain a top priority for Airbus Helicopters and are key to its competitiveness. In May 2016, the company received a contract to become the Aircraft Service Provider for the UK’s Military Flying Training System (UKMFTS). This will involve the manufacture of aircraft in addition to developing the support infrastructure as well as training the initial crews and maintenance personnel. With an extensive product portfolio, the company also emphasizes on partnerships with various companies across regions to promote and include its products in their respective portfolios.

Leonardo S.p.A. accounted for the second-largest share of 16.1% in the helicopters market in 2016, owing to a strong product line in the market. The company mainly focuses on acquiring supply contracts by expanding its product portfolio and widening its market presence. For instance, in May 2017, the company signed a contract with the Royal Canadian Air Force to support the modernization of the Air Force’s fleet of EH101/CH-149 Cormorant Search and Rescue (SAR) helicopters.

Related Reports:

Helicopters Market by Point of Sale (OEM, Aftermarket), Type (Light, Medium, Heavy), Application (Military, Civil & Commercial), Component & System (Airframe, Engine), Aftermarket Component & System, & Region - Global Forecast to 2022

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com

Report Code
AS 5591
Published ON
Sep, 2017
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Helicopters Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved