DUBLIN, August 16, 2017 /PRNewswire/ --
The "Global Helicopters Market Size, Share, Development, Growth and Demand Forecast to 2023" report has been added to Research and Markets' offering.
The global helicopter market is expected to witness a CAGR of 3.4% during 2017 - 2023
Ageing helicopter fleet, increasing usage of helicopters in disaster relief, and technological advancements are the major factors driving the growth of the global helicopter market. The market faces challenges such as economic uncertainty, and ongoing crisis in the oil and gas industry.
Helicopter is a type of aircraft which drives with the thrust supplied from rotors. Helicopter are used for several applications such as medical services, corporate services, disaster management, law enforcement, oil and gas and defense. There are two types of helicopters, civil helicopter and military helicopter. Civil helicopters refer to the helicopters (apart from military usage) used for VIP or corporate transportation, offshore transportation, law enforcement, medical services, firefighting, general utility, and others. The military helicopters are the helicopters specifically used for defense purposes.
Military helicopter, which includes heavy, medium and light helicopters, held larger share in the global helicopter market in 2016. Heavy military helicopter refers to the helicopter with maximum takeoff weight (MTOW) greater than 8,500kg; medium military helicopter with MTOW between 4,500kg and 8,500kg; light military helicopter with MTOW less than 4,500kg. Civil helicopter, which includes light, intermediate, medium, and large and heavy helicopters, is expected to witness higher growth during 2017 - 2023. The increasing demand from developing nations and increasing usage in firefighting and emergency medical services is driving the growth of civil helicopter market.
Light civil helicopters refer to the helicopters with MTOW of 3,175kg or less; intermediate civil helicopters are the helicopter with MTOW between 3,175kg and 5,700kg; medium civil helicopters refer to the helicopters with MTOW between 5,700kg and 9,000kg; and large & heavy civil helicopters are the helicopters with MTOW greater than 9,000kg.
The global market is expected to be positively impacted by growing helicopter market in emerging economies. The increasing compliance for helicopters in the emerging economies is expected to provide growth potential for the market during the forecast years. Countries such as China, Brazil and India have a huge market potential, as the government is spending huge capital for developing their civil and military helicopter fleet. The economy of developing nations has witnessed significant growth over the past few years. Moreover, the territorial disputes in Asia compels governments to increase their defense spending. This is expected to result in increased procurement of military helicopters especially in the developing nations such as China and India.
The growing demand for medium helicopters, shift towards civil helicopters market, growing joint ventures between global manufacturers, increased demand for technologically advanced combat helicopters, increasing up-gradation of existing fleet, tie-up between helicopters manufacturers and aviation colleges are the key growth drivers for the global helicopter market. Several countries have high demand for helicopters in their defense sector, which finally shows a growth in the market.
Key Topics Covered:
1. Research Background
2. Research Methodology
3. Executive Summary
4.1 Market Segmentation
4.1.1 Overview By Type
220.127.116.11 Military Helicopter
18.104.22.168.1 Military Helicopter, By Type
22.214.171.124.1.1 Heavy Helicopter (>8.5T)
126.96.36.199.1.2 Medium Helicopter (4.5T-8.5T)
188.8.131.52.1.3 Light Helicopter (<_5t__br />184.108.40.206.2 Military Helicopter, By Application
220.127.116.11.2.2 Heavy Cargo
18.104.22.168.2.3 Medium Utility
22.214.171.124.2.6 Search And Rescue
126.96.36.199.2.7 Light Utility
188.8.131.52 Civil Helicopter
184.108.40.206.1 Light Helicopter (<_1t__br />220.127.116.11.2 Intermediate Helicopter (3.1T - 5.7T)
18.104.22.168.3 Medium Helicopter (5.7T-9.0T)
22.214.171.124.4 Large & Heavy Helicopter (>9.0T)
4.2 Value Chain Analysis
4.3 Market Dynamics
126.96.36.199 Shrinking Accident Rates
188.8.131.52 Growing Demand For Technologically Advanced Helicopters
184.108.40.206 Ageing Helicopter Fleet And Anti-Terrorism Initiatives
220.127.116.11 Growing Joint Ventures Between Helicopter Manufactures
18.104.22.168 Impact Analysis Of Drivers On Market Forecast
22.214.171.124 Declining Oil Prices Acts As A Key Barrier
126.96.36.199 Impact Analysis Of Restraints On Market Forecast
188.8.131.52 Growing Helicopter Market In Emerging Countries
4.4 Porter'S Five Forces Analysis
4.4.1 Bargaining Power Of Buyers
4.4.2 Bargaining Power Of Suppliers
4.4.3 Threat Of New Entrants
4.4.4 Intensity Of Rivalry
4.4.5 Threat Of Substitutes
5. Market Size And Forecast By Type
5.1 Global Military Helicopter Market
5.1.1 Global Military Helicopter Market, By Type
5.1.2 Global Military Helicopter Market, By Application
5.1.3 Global Military Helicopter Market, By Region
5.2 Global Civil Helicopter Market
5.2.1 Global Civil Helicopter Market, By Type
5.2.2 Global Civil Helicopter Market, By Region
6. Market Size And Forecast By Geography
7. Competitive Landscape
8. Company Profiles
- Bell Helicopter Textron Inc.
- Korea Aerospace Industries, Ltd.
- Airbus Se
- Russian Helicopters
- Leonardo S.P.A.
- The Boeing Company
- Lockheed Martin Corporation
- Robinson Helicopter Company
- Hindustan Aeronautics Limited
- Md Helicopters, Inc.
- Kaman Corporation
For more information about this report visit https://www.researchandmarkets.com/research/z9dnq9/global
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets