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Commercial Helicopters Global Market Sees Growth Rate Of 10% Through 2026

9 Mar, 2022

The global commercial helicopters market size is expected to grow from $26.81 billion in 2021 to $28.66 billion in 2022 at a compound annual growth rate (CAGR) of 6.9%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The commercial helicopters market is expected to reach $42.80 billion in 2026 at a CAGR of 10.5%.

What is the Global Commercial Helicopters Market?

The commercial helicopters market consists of sales of helicopters, helicopter parts, and related services by entities that produce commercial helicopters for commercial purposes. The market includes MRO (Maintenance Repair and Overhaul) services provided by manufacturers during the helicopter’s warranty period. Only goods and services traded between entities or sold to end consumers are included.

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What drives the Global Commercial Helicopters Market?

Rising usage of helicopters in emergency medical services (EMS), search and rescue (SAR), and firefighting operations are expected to drive the growth of the commercial helicopter market. Air EMS creates a significant part of the medical transport system that assists in shuttling patients, equipment, supplies, and medical personnel throughout the medical network for time-critical emergency transport as well as long-distance scheduled transfers. According to MIT International Center for Air Transportation (ICAT), air ambulances transport approximately 400,000 patients by rotary-wing and 150,000 by fixed-wing aircraft each year in the USA, compared to 36 million transports by ground. Thus, the ever-increasing number of helicopters in EMS is one of the key drivers for the growth of the commercial helicopters market.

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Global Commercial Helicopters Market Segments
The global commercial helicopters market is segmented:
By Type: Light-Weight Commercial Helicopter, Medium-Weight Commercial Helicopter, Heavy-Weight Commercial Helicopter
By Number Of Engines: Single-Engine, Multi-Engine
By Application: Oil and Gas, Transport, Medical Services, Law Enforcement and Public Safety, Others
By Geography: The regions covered in the commercial helicopters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Commercial Helicopters Global Market Report 2022provides market size and growth forecasts for the global commercial helicopters market, global commercial helicopters market share, commercial helicopters market segments and geographies, commercial helicopters market competitive landscape including leading competitors’ revenues, profiles and market shares. The commercial helicopters market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Commercial Helicopters Industry Playersinclude Airbus Helicopter, Bell Helicopter, Leonardo, Lockheed Martin Corporation, Russian Helicopters, MD Helicopters Inc., Robinson Helicopter Company, Kaman Corporation, Boeing, Korea Aerospace Industries Ltd, Sikorsky Aircraft Corporation, Textron Inc., Enstrom Helicopter Corp., and Kawasaki Heavy Industries Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.