Nov 13, 2019 (Market Insight Reports via COMTEX) -- Commercial Helicopters market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2019 to 2024 are profiled in this report.
The commercial helicopters market is anticipated to grow at a CAGR of above 2% during the forecast period.
The Commercial Helicopters market is highly competitive and consists of a number of major players: Airbus SE, Textron Inc., Enstrom Helicopter Corp., Leonardo S.p.A., MD Helicopters, Robinson Helicopter Company, Russian Helicopters, Lockheed Martin Corporation, Kaman Corporation, AVIC, Hindustan Aeronautics Limited (HAL) and others
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Scope of the Report
The study of the commercial helicopter market includes the developments and procurement of new helicopters used in civil and commercial sectors. It includes all the helicopters used for offshore gas & oil exploration, government and VIP transport, HEMS, firefighting and search and rescue operations.
Key Market Trends
Medium Helicopters Segment to Experience the Highest Growth During the Forecast Period
Medium Helicopters segment of the market currently has the highest market share and is expected to grow at the highest CAGR during the forecast period. These helicopters generally have multi-mission capabilities and are suited for lifting operations in rigid environments, including helicopter logging, ski-lift installations, power line construction, and logistical support for remote construction sites. Also, the increasing use of helicopters in the field of fire fighting is another major driving factor for the growth of medium helicopters segment during the forecast period. The leading players are introducing new fire fighting variants of their military medium-lift helicopters due to the growing demand for fire fighting helicopters.
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Asia-Pacific Region to Experience the Highest Growth During the Forecast Period
Asia-Pacific region is anticipated to have the highest growth during the forecast period. The region has witnessed a growth of 4.6% increase in the fleet of the helicopter, with 150 new deliveries registered in 2018 compared to the previous year. The replacement of the aging fleet of helicopters is one of the major driving factors of the commercial helicopter market in this region. For instance, the average fleet age of helicopters in Australia and New Zealand is about over 25 years and 27 years respectively. To ensure operational safety in these countries, their fleet has to be replaced with new and better helicopters. Also, support from the government in China for general aviation has boosted the growth of fleet in China with 73 new deliveries. Such a positive outlook of the region is anticipated to allow the region to grow with the highest CAGR during the forecast period.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: Commercial Helicopters Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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COMTEX_356830500/2599/2019-11-13T04:06:48
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