CHICAGO, Nov. 6, 2019 /PRNewswire/ — According to the new market research report “Helicopters Market by Point Of Sale (OEM, Aftermarket), OEM Type (Light, Medium, Heavy), OEM Application (Military, Civil & Commercial), OEM Component & System, Aftermarket by Component & System, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Helicopters Market size is expected to reach USD 37.4 billion by 2025 from USD 31.7 billion in 2019, registering a CAGR of 2.8% from 2019 to 2025. Increased demand for military helicopters is a significant growth driver for the helicopters market. Increased demand for light weight and emergency medical services (EMS) helicopters are other drivers for the market.

Inquire Before Buying:

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=253467785

By type, the light (<3.1 tons) civil & commercial segment is projected to grow at a higher CAGR during the forecast period.

More than 50% of the global civil & commercial helicopter deliveries in 2018 were light helicopters, mainly due to their operational efficiency and easy maneuverability, which are essential for civil & commercial applications such as transport, civil utility, and offshore, among others. High demand for civil & commercial applications such as short distance air transport and a rise in the number of offshore rigs have also fueled the demand for light helicopters.

By application, civil & commercial transport helicopters are expected to lead the market for helicopters during the forecast period.

The transport helicopters segment is projected to lead the application market during the forecast period due to the increasing demand for helicopters as a mode of inter- and intra-city transport. The vertical take-off and landing (VTOL) capabilities of helicopters, along with the lower space requirements for helipads as compared to airports, are the main factors fueling this demand. Travel by helicopter also saves time as compared to other modes of transport, which is another factor contributing to the demand for light and medium transport helicopters.

North America is expected to lead the helicopters OEM market during the forecast period.

North America is estimated to account for the largest share of the helicopters in 2019. The US was the highest military spender in 2018, with a large chunk of the investment focused on the procurement of various military helicopters. The US is a lucrative market for helicopter OEMs in the North American region as the government is investing increasingly to enhance the quality and effectiveness of helicopters and their systems. For instance, in September 2018, Boeing (US) won a USD 2.4 billion helicopter contract from the US Air Force for the procurement of 84 Boeing MH-139 helicopters.

Along with this, the demand for civil & commercial helicopters is continually increasing. Civil usage of helicopters for transport and emergency services has also generated a demand for helicopters for civil applications in the US. As per the University of Chicago Aeromedical Network, in 2018, approximately 900 helicopters undertook 300,000 flights as air ambulances.

Browse in-depth TOC on “Helicopters Market“

198 – Tables

43 – Figures

278 – Pages

Speak to Analyst:

https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=253467785

North America also has a presence of major helicopter manufacturers – Companies such as Bell Helicopter Textron Inc. (US), Boeing (US), and Lockheed Martin Corporation (US), among others.

Please Explore Relevant Reports:

Avionics Market by End User (OEM, Aftermarket), System (FMS, CNS, Health Monitoring, Electrical & Emergency and Software), Platform (Commercial, Military, Business Jets & General Aviation, Helicopters), and Region – Global Forecast to 2024 

Urban Air Mobility Market by Component (Infrastructure (Charging Stations, Vertiports, Traffic Management), Platform (Air Taxi, Personal Air Vehicle, Cargo Air Vehicle, Air Ambulance)), Operation, Range, and Region – Global Forecast to 2030 

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected] 
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/helicopters-market.asp   
Visit Our Web Site: https://www.marketsandmarkets.com 
Content Source : https://www.marketsandmarkets.com/PressReleases/helicopters.asp

View original content:http://www.prnewswire.com/news-releases/helicopters-market-worth-37-4-billion-by-2025–exclusive-report-by-marketsandmarkets-300952719.html

SOURCE MarketsandMarkets