Global Commercial Helicopters Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

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.

Global Commercial Helicopters Market Size And Drivers:

The global commercial helicopters market is expected to grow from $24.74 billion in 2020 to $26.94 billion in 2021 at a compound annual growth rate (CAGR) of 8.9%. The growth 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 market is expected to reach $31.94 billion in 2025 at a CAGR of 4.3%. 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.

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Trends In The Global Commercial Helicopters Market

Major companies operating in the industry are focusing on introducing technological innovations to maintain their position in the competitive business environment, which is gaining significant popularity in the commercial helicopters market. For instance, Bell, part of Textron is developing a new technology called electrically distributed anti-torque (EDAT) to decrease the sound problem. The new system ensures enhancements to safety and operating cost, as well as a decrease in sound compared to an aircraft with a conventional tail rotor. The 429 built with EDAT technology features four fans, electrically driven, in the back of the helicopter, instead of the conventional rotor setup. It provides key benefits to the traditional tail rotor.

Global Commercial Helicopters Market Segments:
The global commercial helicopters market is further 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 global commercial helicopters market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Commercial Helicopters Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides commercial helicopters market overviews, analyzes and forecasts market size and growth for the global commercial helicopters market, commercial helicopters market share, commercial helicopters market players, commercial helicopters market segments and geographies, commercial helicopters market’s 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.