Global Military Drones Market

The autonomous military aircraft market consists of sales of autonomous military aircraft which are guided autonomously from the ground, designed to attack surface targets with bombs or missiles and to destroy enemy targets in warfare. They carry sensors, target designators, offensive ordnance, and electronic transmitters among others.

The military helicopter market consists of sales of military aircraft by entities (organizations, sole traders, and partnerships) that produce military helicopters. A military aircraft is specifically built or converted for military missions such as transport of troops, combat search, and rescue (CSAR), medical evacuation (MEDEVAC), airborne command post, or armed with weapons for attacking ground targets. Only goods and services traded between entities or sold to end consumers are included. The global military helicopters market is expected to grow from $50.75 billion in 2020 to $52.27 billion in 2021 at a compound annual growth rate (CAGR) of 3%. 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 $67.5 billion in 2025 at a CAGR of 6.6%. The military helicopter market covered in this report is segmented by type into light military helicopter; medium military helicopter; heavy military helicopter. Increasing military expenditure contributed to the growth of the military helicopters market growth. According to the Stockholm International Peace Research Institute (SIPRI), the global military expenditure reached $1917 billion in 2019, 3.6% up from $1822 billion in 2018, and the highest annual growth in expenditure since 2010. The USA, China, India, Russia, and Saudi Arabia together accounted for 62% of total global expenditure. Moreover, global military spending represented 2.2% of the global gross domestic product (GDP) in 2019. The growth in military expenditure led to an increase in theprocurement of warships, submarines, aircraft, and helicopters, thereby generated higher revenues for the military helicopters market. Stringent regulations imposed on the manufacturing and maintenance of military helicopters is expected to limit the growth of the military helicopters market. The aircraft manufacturing and maintenance process is highly regulated by the government organizations of every country. According to the Journal of Aeronautics & Aerospace Engineering, the maintenance, repair, and overhaul (MRO) organizations need to be approved by aviation authorities such as European Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA). The equipment used in the manufacturing and maintenance process must be certified and licensed. This scenario is predicted to restrict the growth of the military helicopters market over the forecast period. Technological advancements in the helicopter manufacturing process is shaping the military helicopters market. The global helicopter industry is undergoing a substantial transformation in recent years. Significant technological advancements including extensive use of additive manufacturing, computation structural dynamics modelling, advanced condition-based maintenance (CBM), fly by wire controls, health and usage monitoring systems (HUMS), and advanced turbine engine programs are promising big leap in the rotorcraft capabilities. For instance, in July 2019, Russian Helicopters Holding Company announced that the company is planning to re-engineer and manufacture about 30 helicopter parts using 3D printing technology. The major players covered in the global military helicopters market are Airbus, BAE Systems, Boeing, China Aerospace Science and Industry Corporation, Enstrom Helicopter Corporation, Hindustan Aeronautics Limited, Korea Aerospace Industries, Leonardo S.p.A., Lockheed Martin, NHIndustries, Russian Helicopters, Textron, Turkish Aerospace Industries, Kawasaki Aerospace Company. The countries covered in the global military helicopters market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global military helicopters market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global military helicopters market is segmented - 1) By Type: Light Military Helicopter, Medium Military Helicopter, Heavy Military Helicopter 2) By Application: Utility Military Helicopter, Transport Military Helicopter, Attack/Assault Military Helicopter, Search and Rescue Military Helicopter, Multi-Role Military Helicopter, Reconnaissance and Observation Military Helicopter 3) By Number of Engine: Single, Twin Engine 4) By Component & System: Airframe, Main Rotor Sysmtems, Anti-Torque systems, Electrical Systems, Hydraulic Systems, Avionics, Stability Augmentation Systems, Flight Control Systems, Undercarriages, Environmental Control Systems, Emergency Services, Special-purpose Systems, Engines

The military gliders and drones market consists of sales of military gliders & drones by entities (organizations, sole traders, and partnerships) that produce gliders and drones. A glider is a fixed-wing aircraft that flies using naturally occurring air currents. A drone is an unmanned aerial vehicle that is guided remotely or autonomously. Only goods and services traded between entities or sold to end consumers are included. The global military gliders and drones market is expected to grow from $27.23 billion in 2020 to $29.67 billion in 2021 at a compound annual growth rate (CAGR) of 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 $47.31 billion in 2025 at a CAGR of 12.4%. The military gliders and drones market covered in this report is segmented by type into military gliders; military drones. Increasing funding on unmanned aerial vehicles or drones is projected to contribute to the growth of the military gliders and drones market. The growing requirement for intelligence, surveillance, and reconnaissance assets generated higher demand for military gliders and drones. The militaries are expected to spend around $98 billion in new intelligence gathering and strike capabilities. According to the Teal Group, global research and development and procurement spending on drones is estimated to rise from $11.1 in 2020 to $14.3 billion by the end of 2029. Research & development spending is expected to increase from $3.2 billion in 2020 to $4 billion by 2029 and procurement funding is likely to increase from $7.9 billion in 2020 to $10.3 billion by the end of 2029. Such investments in unmanned aerial vehicles or drones are expected to the drive military gliders and drones market during the forecast period. Stringent regulations associated with gliders and drones are expected to limit the growth of the military gliders and drones market. For instance, in India, military drones are governed by the Directorate General of Civil Aviation (DGCA). In June 2020, the Indian Civil Aviation Ministry issued draft rules for making and using drones in India, proposing authorized sellers and importers to sell drones only to entities and individuals approved by the Directorate General of Civil Aviation (DGCA). Similarly, in the USA, the government maintains stringent export controls in military drones and related systems, components, technology, and software under the International Traffic in Arms Regulations (ITAR). Moreover, in Europe military drones are regulated by The European Aviation Safety Agency (EASA). These regulations will have an impact on the manufacturing and marketing process and thereby negatively impact the growth of the military gliders and drones market. Artificial Intelligence (AI) in military gliders and drones is gaining popularity in the military drones and gliders market. Top companies in the industry are focusing on designing and developing drones and UAVs with AI capabilities. For instance, the companies offering military drones with AI capabilities include Sheild.AI (offers Nova, an autonomous drone for indoor navigation), AeroVironment (offers Raven series, the world’s most widespread drones), Lockheed Martin (offers Desert Hawk III, a drone with operators training capabilities), and Neurala (offers Neurala Brain, an AI software that allows military drones to patrol missions and conduct reconnaissance missions. In September 2019, Rafael Advanced Defense Systems Ltd., an Israel-based defense technology company, acquired Aeronautics Limited for $250 million. The acquisition plans to combine Rafael’s in-house capabilities including systems, sensors, and munitions that have been used on fighter jets and other platforms with Aeronautics’ lower-tier UAVs. Moreover, Rafael Advanced Defense Systems Ltd., along with Aeronautics Ltd., plans to develop and manufacture advanced drones based on the Orbiter family of tactical and small unmanned aerial vehicles. Aeronautics Limited is based in Israel and is specialized in manufacturing unmanned aerial vehicles or drones for military applications. The major players covered in the global military gliders and drones market are Schempp-Hirth Flugzeugbau GmbH, China Aerospace Science and Industry Corporation, Lockheed Martin, Textron Systems, BAE Systems Inc., Jonker Sailplanes, Leonardo, Boeing, DG Flugzeugbau GmbH, Aerovironment Inc. The countries covered in the global military gliders and drones market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global military gliders and drones market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global military gliders and drones market is segmented - 1) By Type: Military Gliders, Military Drones 2) By Technology: Remotely Operated, Semi-Autonomous, Autonomous 3) By Application: Search and Rescue, National Defense, Military Exercises, Others

The passenger aircraft market consists of sales of passenger aircraft, aircraft parts and, related services by entities (organizations, sole traders, and partnerships) that produce passenger aircraft for commercial purposes. The market includes MRO (Maintenance Repair and Overhaul) services provided by manufacturers during the aircraft’s warranty period. The global passenger aircrafts market is expected to grow from $110.78 billion in 2020 to $122.97 billion in 2021 at a compound annual growth rate (CAGR) of 11%. 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 $157.53 billion in 2025 at a CAGR of 6.4%. The passenger aircrafts market is segmented by type into Single-Aisle Aircraft; Twin-Aisle Aircraft; Regional Jets; Business Jets, by aircraft type into Fixed-Wing Aircraft; Rotorcraft, by engine type into Turbofan; Turboprop; Turboshaft and by carrier type into Full Service Carrier; Low-Cost Carrier. The increase in global tourism is expected to fuel the growth of the passenger aircrafts market in the coming years. Global tourism is probably the largest movement of goods, services, and people and it is a major force for economic growth and socio-political transition. According to the United Nations World Tourism Organization (UNWTO) global investment in tourism reached US$1.7 billion, an increase of 4%, outpacing the national economy in 2018 and is expected to cross US$ 23 million by 2023. Therefore, the increase in global tourism drives the growth of the passenger aircrafts market. The impact of COVID 19 is expected to limit the growth of the passenger aircraft market in the coming years. The aerospace industry faces major challenges due to coronavirus, such as the reduction of new aircraft orders or the preservation of existing orders on hold. Reduced demand not only affected original equipment manufacturers (OEMs) but also impacted the entire supply chain. According to the International Air Transport Organization, $200 billion in cash will have to be invested on the aerospace industry to cope with the economic downturn. In June 2020, Airbus, a European aircraft manufacturer, announced that the global monthly production of its A320 aircraft will decrease from 60 to 40 per month, equivalent to approximately US$ 2billion (£ 1.5 billion) per month. Therefore, the impact of COVID 19 restraints the growth of the passenger aircraft market. The integration of blockchain technology in the aerospace sector is a key trend gaining popularity in the passenger aircraft market. Aerospace companies of all sizes and types understand that blockchain networks can enhance their activities and exchange information securely across multiple realms and touchpoints, from the airline ticket counter to the flight line. For instance, in February 2020, SITA, a Switzerland-based company that provides IT and telecommunication services to the air transport industry launched a blockchain consortium to support the aviation industry track aircraft components. The new consortium will be responsible for the Servicing, Repair, and Overhaul (MRO) of aircraft components. PricewaterhouseCoopers (PWC), a USA based professional services firm, reports that the use of blockchain could raise revenue in the aviation industry by as much as 4% or US$ 40 billion, thus reducing MRO costs by about 5% or US$ 3.5 billion globally. In August 2019, Dassault Aviation, a French aircraft manufacturer of military and business jets acquired business aviation activities of RUAG in Geneva and Lugano for an undisclosed amount. Through this acquisition Dassault Aviation develops a worldwide MRO network of excellence and also enhances its footprint in Switzerland. RUAG, a Swiss company specializing in aerospace engineering and the defense industry. The major players covered in the global passenger aircrafts market are The Boeing Company, Airbus SE, Embraer SA, Bombardier, Textron, Dassault Aviation, Piaggio Aero Industries, Pilatus Aircraft Ltd., Avions de transport regional, ATR, Commercial Aircraft Corporation of China Ltd. (COMAC). The countries covered in the global passenger aircrafts market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global passenger aircrafts market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global passenger aircrafts market is segmented - 1) By Type: Single-Aisle Aircraft, Twin-Aisle Aircraft, Regional Jets, Business Jets 2) By Aircraft Type: Fixed-Wing Aircraft, Rotorcraft 3) By Engine Type: Turbofan, Turboprop, Turboshaft 4) By Carrier Type: Full Service Carrier, Low-Cost Carrier

The submarines market consists of sales of submarines by entities (organizations, sole traders, and partnerships) that manufacture submarines. The nuclear submarines are also included in the market. The global submarines (including nuclear submarines) market is expected to grow from $23.35 billion in 2020 to $23.61 billion in 2021 at a compound annual growth rate (CAGR) of 1.1%. 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 $29.44 billion in 2025 at a CAGR of 5.7%. The submarines (including nuclear submarines) market is segmented by type into nuclear powered submarine; diesel electric submarine; ballistic missile submarine, by platform into commercial; military and by application into surveillance; combat; marine environmental monitoring; others. The rising investment for submarines is expected to propel the growth of the submarines market in the coming years. A submarine is a type of vessel that can move both above and below sea level. Governments across the world are investing in submarines to improve local shipyard capacities and fill holes in the Navy's underwater war force. For instance, the Indian government released a specific expression of interest in June 2019 for an Indian shipyard to develop the submarines at a budget of $6.6 billion. According to the services new annual report to Congress, the U.S. Navy aims to increase investment on its next generation nuclear missile submarine project by $2 billion in the fiscal year 2021 and continue to drive towards $5 billion in 2024. Therefore, the rising investment for submarines drives the growth of the submarines market. The high cost of submarines is expected to hamper the growth of the submarines market over the forecast period. A submarine is a type of vessel that can move both above and below sea level. The cost of the submarines depends on the size, design, and capabilities of the vessel. In 2019, the Congressional Budget Office (CBO) reports that the total cost per submarine for the Submersible Ship Nuclear (SSN) (a nuclear-powered general-purpose attack submarine) would be $5.5 billion, while the Navy predicts that the budget per submarine would be $3.4 billion. Therefore, the high cost of submarines restraints the growth of the submarines market. The integration of 3D printing or additive manufacturing in the submarines is a key trend gaining popularity in the submarines market. Major companies operating in the submarines sector are using 3D printing to build optimized submersible components and to improve performance by reducing essential properties such as weight. For instance, in February 2020, ThyssenKrupp Marine Systems, a Germany based company that provides naval vessels, surface ships, and submarines has announced the plans to expand the use of 3D printing for the production of submarine components. Thyssenkrupp Marine Systems has announced that the hydraulic block has been revamped by additive manufacturing for a submarine that has traditionally weighed 14 kg and now weighs only 2.1 kg. In March 2020, Huntington Ingalls Industries, an America based military shipbuilding company acquired Hydroid Inc., for an undisclosed amount. The acquisition is expected to enhance Huntington Ingalls Industries capabilities in technical solutions unmanned underwater vehicle (UUV) business, autonomous underwater vehicles (AUV) or marine robots. Hydroid Inc., an America based company that manufactures underwater vehicles (UUVs). The major players covered in the global submarines market are General Dynamics, Huntington Ingalls Industries, Mazagon Dock Shipbuilders Limited, ThyssenKrupp Marine Systems (TKMS), Kawasaki Heavy Industries Ltd., Daewoo Shipbuilding & Marine Engineering Co. Ltd., FINCANTIERI S.p.A, Lockheed Martin Corporation, BAE Systems, Saab AB, China Shipbuilding Industry Corporation (CSIC), Navantia SA, United Shipbuilding Corporation. The countries covered in the global submarines market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global submarines market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global submarines market is segmented - 1) By Type: Nuclear Powered Submarine, Diesel Electric Submarine, Ballistic Missile Submarine 2) By Platform: Commercial, Military 3) By Application: Surveillance, Combat, Marine Environmental Monitoring, Others

The small arms and light weapons market consists of sales of small arms and light weapons by entities (organizations, sole traders, and partnerships) that produce small arms and light weapons. Only goods and services traded between entities or sold to end consumers are included. The global small arms and light weapons market is expected to grow from $24.44 billion in 2020 to $25.05 billion in 2021 at a compound annual growth rate (CAGR) of 2.5%. 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 $31.05 billion in 2025 at a CAGR of 5.5%. The small arms and light weapons market is segmented by type into small arms; light weapons and by application into the military; law enforcement. Increased defense spending is expected to fuel the growth of the small arms and light weapons market over the coming years. Countries around the world are investing in defense because of their conflicts and rivalry with other nations. For instance, on December 20, 2019, the Japanese government signed off on its defense budget of $48.5 billion for the next financial year, amidst increasing conflicts with Asia-Pacific. According to current results from the Stockholm International Peace Research Institute (SIPRI), overall global defense budget increased to $1917 billion in 2019. Therefore, the increased defense spending drives the growth of the small arms and light weapons market. The strict government legislation against possession of firearms is expected to impede the development of the small arms and light weapons market in the coming years. Countries around the world have tightened their weapons laws, making it much more challenging for regular people to own a firearm, as mass shooting events are on the rise. According to the Gun Violence Archive (GVA), there have been over 33,000 reports of criminal attacks executed with firearms in 2019 alone. The Weapons (Amendment) Bill, 2019 specifies that those who use firearms in celebratory gunfire in a reckless or careless manner, risking human life or personal protection of others, are liable for two-year imprisonment or a fine which may extend to $0.0014 million (1 lakh) or with both. Therefore, the strict government legislation against possession of firearms restraints the growth of the small arms and light weapons market. The growing technological advancements is a major trend gaining popularity in the small arms and light weapons market. Major companies operating in the small arms and light weapons market are focused on developing advanced technology solutions for small arms and light weapons. For instance, in July 2018, ZKZM, a china-based laser company developed a portable laser rifle named ZKZM-500 laser assault rifle. The laser assault rifle ZKZM-500 does not kill but can set fire from a large distance to clothes and skin and weights just 3 kg. In September 2020, Sturm, Ruger and Company, an America based company that manufactures rugged, reliable firearms for the commercial sporting market acquired Marlin Firearms assets for $30 million. The acquisition will help Sturm, Ruger and Company to widen their diverse product offerings. Marlin Firearms, an America based arms manufacturing company. The major players covered in the global small arms and light weapons market are Beretta S.p.A., FN Herstel, Smith & Wesson Holding Corporation, SIG Sauer, Carl Walther GmbH., GLOCK Ges m.b.H, Colt’s Manufacturing Company LLC, Lockheed Martin Corporation, Thales Group, SAAB AB, Glock Ges. m.b.H., Browning Arms Company, Heckler and Koch, Sturm Ruger & Company, Alliant Techsystems. The countries covered in the global small arms and light weapons market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global small arms and light weapons market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global small arms and light weapons market is segmented - 1) By Type: Small Arms, Light Weapons 2) By Application: Military, Law Enforcement 3) By Caliber: 14.5mm, 12.7 mm, 9 mm, 7.62mm, 5.56mm 4) By End-Use Sector: Defense, Civil & Commercial 5) By Action: Semi-Automatic, Automatic 6) By Firing Systems: Recoil-Operated, Gas-Operated, Manual

The rocket engines market consists of sales of rocket engines and relates services by entities (organizations, sole traders, or partnerships) that produce rocket engines. A rocket engine is a component of a propulsion system that uses the combustion of reactive chemicals to supply the necessary energy to run the rocket. The global rocket engines market is expected to grow from $2.44 billion in 2020 to $2.61 billion in 2021 at a compound annual growth rate (CAGR) of 7%. 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 $2.88 billion in 2025 at a CAGR of 2.5%. The rocket engines market is segmented by type into physically powered; chemically powered; electrically powered; thermal; nuclear, by product type into liquid rocket engine; solid rocket engine and by application into spacecraft; ballistic missiles; others. The increasing rocket launches is expected to drive the growth of the rocket engine market in the coming years. Over the next decade, hundreds of corporations and government agencies around the world are planning to launch rockets and hold tens of thousands of satellites in large low-Earth orbit constellations. The number of rocket launches has increased at an average rate of around 8% per year, with 114 launches in 2018. By 2025 the U.S. launch rate alone will double to around 200 launches each year, even if half of the strategies are successful. Therefore, the increasing rocket launches propels the growth of the rocket engine market. High investment required for producing and procuring rocket engines is expected to hinder the growth of the rocket engines market in the coming years. Rocket engines, which are extremely complex machines, require the most efficient combustion systems to move to a spacecraft that requires extensive research and development and expensive components to manufacture. For instance, in May 2020, NASA provided a contract to the U.S.-based rocket engine manufacturer, Aerojet Rocketdyne, to develop 18 Space Launch System (SLS) RS-25 rocket engines to support its Artemis Moon missions. This cost around $1.79 billion, including the amount required to develop and test these engines. Therefore, the high investment required for producing and procuring rocket engines restraints the growth of the rocket engines market. 3D printing technology is a key trend gaining popularity in the rocket engines market. Space organizations and private companies are designing 3D printed rocket engines to reduce costs and speed up production. For instance, in September 2020, NASA's Rapid Analysis and Manufacturing Propulsion Technology (RAMPT) project is developing the production of an additive manufacturing methodology utilizing metal powder and lasers to 3D print rocket engine components. This technology is expected to reduce the cost of manufacturing complex combustion parts and also reduce the lead time of production. In February 2020, Skyrora, a US-based rocket start-up company, had successfully tested its 3D-printed rocket engines. In June 2018, Northrop Grumman Corporation, a USA based company that specializes in aerospace and defense technology acquired Orbital ATK Inc. for an amount of $7.8 billion. The acquisition resulted in Orbital ATK becoming Northrop Grumman corporation’s fourth business sector that was named Northrop Grumman Innovation Systems. The acquisition had been planned to reduce competition in the space and defense sectors. Orbital ATK Inc is a US-based defense and aerospace company that specializes in rocket motors, satellite components, affordable precision weapons, and others. The major players covered in the global rocket engines market are Aerojet Rocketdyne, Space X, Roscosmos, Mitsubishi Heavy Industries, Northrop Grumman, Safran, China Aerospace Science and Technology Corporation (CASC), NASA, Blue Origin, Lockheed Martin, The Boeing Company, Rocket Lab. The countries covered in the global rocket engines market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global rocket engines market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global rocket engines market is segmented - 1) By Type: Physically Powered, Chemically Powered, Electrically Powered, Thermal, Nuclear 2) By Product Type: Liquid Rocket Engine, Solid Rocket Engine 3) By Application: Spacecraft, Ballistic Missiles, Others

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. 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%. The commercial helicopters market covered in this report is segmented by type into light-weight commercial helicopter, medium-weight commercial helicopter, heavy-weight commercial helicopter, by number of engines into single-engine, multi-engine, by application into oil and gas, transport, medical services, law enforcement and public safety, others. 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), in 2018, 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 helicopters in EMS is one of the key drivers for the growth of the commercial helicopters market. Stringent regulatory norms for helicopter manufacturing and development are anticipated to limit the growth of the commercial helicopters market. Due to the stringent rules in the aerospace industry, the aerospace maintenance process is highly regulated. The authorities including the European Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA) are responsible for standards of safety, certification, and control in the aerospace industry. For instance, USA-based Boeing, Sikorsky, and Bell Helicopters must comply with the FAA’s Code of Federal Regulations (CFR) Title 14, Part 27 and Part 29, which closely mirror CS-27 and CS-29. Hence, it is a challenge for component manufacturers to adhere to stringent regulatory norms and deliver quality outcomes. 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. In January 2020, Leonardo S.p.A., an Italian helicopter manufacturer acquired Kopter Group AG, a Swiss helicopter company for approximately $185 million. The acquisition will enable Kopter Group AG to finalize the development of the SH09, which is on its third prototype currently, and provide Leonardo S.p.A. with a new aircraft type that will add to its existing portfolio. Kopter Group AG is a Switzerland-based manufacturer of helicopters, which has designed SH09, a new-generation single-turbine helicopter. The major players covered in the global commercial helicopters market are 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., Kawasaki Heavy Industries Ltd. The countries covered in the global commercial helicopters market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global commercial helicopters market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global commercial helicopters market is segmented - 1) By Type: Light-Weight Commercial Helicopter, Medium-Weight Commercial Helicopter, Heavy-Weight Commercial Helicopter 2) By Number Of Engines: Single-Engine, Multi-Engine 3) By Application: Oil And Gas, Transport, Medical Services, Law Enforcement And Public Safety, Others