Air Crane Helicopter Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Air Crane Helicopter Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Air Crane Helicopter Market THE PROCESS O

The air crane helicopter market size was valued at USD 4.93 billion in 2022, and the market is now projected to grow from USD 5.55 billion in 2023 to USD 9.67 billion by 2030, exhibiting a CAGR of 8.3% during the forecast period of 2022-2030.

The COVID-19 pandemic extensively impacted the marketplace for aerial cranes by using reducing demand and manufacturing. The slowdown in construction and infrastructure initiatives, foremost customers of these helicopters, brought about decreased call for. Travel regulations and lockdowns further decreased air journey, affecting market growth. Additionally, deliver chain disruptions and the shutdown or reduced operation of producing vegetation hindered production.

The rising demand from the protection sector is expected to enhance the marketplace increase for aerial crane helicopters. Military forces use those helicopters for numerous missions, such as transporting troops and elements, search and rescue operations, and disaster relief. Their capacity to carry heavy hundreds makes them ideal for transporting big army gadget like tanks and artillery. Their versatility and heavy-elevate functionality led them to especially precious for defense agencies.

Technological improvements and product traits are expected to force market increase for aerial crane helicopters. Key players are enhancing helicopter systems for numerous missions. For example, Erickson Incorporated added a subsequent-era water cannon for the S-64 Air Crane® helicopter in March 2022, proposing advanced water waft, stabilization, and directional manage. Additionally, using data analytics complements protection, optimizes protection, and reduces charges. These innovations are set to transform the market outlook.

Comprehensive Analysis of Air Crane Helicopter Market

The air crane helicopter market growth is rising at an exponential rate due to its market segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by endurance analysis, by external load capacity analysis, by application analysis, by end user analysis. By endurance analysis include,15,000 feet and above 15,000 feet. By external load capacity analysis include, up to 10,000 pounds, 10,000 to 20,000 pounds, and above 20,000 pounds.By application analysis include, power line construction, aerial firefighting, oil & gas, logistics operations, and others. By end user analysis include, civil & commercial, and military.

The North America region lead the air crane helicopter market share by benefitting a market size of USD 1.74 billion in 2022 due to the increasing demand heavy lift helicopters and for modernizing their fleet.

The top players in the market play an important role in the industry assuring market expansion and setting market level. These players include Airbus Helicopters SAS (France), Lockheed Martin Corporation (U.S.), The Boeing Company (U.S.), Textron Inc. (U.S.), Columbia Helicopters Incorporated (Canada), Air crane Inc. (U.S.), Leonardo S.p.A. (Italy), Rostec (Russia), Hindustan Aeronautics Limited. (India), Kaman Corporation (U.S.), these market players provide a level-playing competitive landscape.

In January 2023, Sikorsky, a Lockheed Martin organization, added 5,000th UH-60M Black Hawk helicopter to the U.S. Army, imparting prolonged-time period medium-elevate aid for military and international operators.

Segmentation Table

Attribute Details

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 8.3% from 2023 to 2030

Unit Value (USD Billion)

Segmentation Endurance, External Capacity, Application, End User and Geography

By Endurance

Up to 15,000 Feet

Above 15,000 Feet

By External Load Capacity

Up to 10,000 Pounds

10,000 to 20,000 Pounds

Above 20,000 Pounds

By Application

Power Line Construction

Aerial Firefighting

Oil & Gas

Logistics Operations

Others

By End User

Civil & Commercial

Military

By Geography

North America (ByEndurance, External Load Capacity, Application End User, and Country)

- U.S. (By End User)

- Canada (By End User)

Europe (ByEndurance, External Load Capacity, Application End User, and Country)

- U.K. (By End User)

- Germany (By End User)

- France (By End User)

- Italy (By End User)

- Russia (By End User)

- Rest of Europe (By End User)

Asia Pacific ( By Endurance, External Load Capacity, Application End User, and Country)

- China (By End User)

- India (By End User)

- Japan (By End User)

- South Korea (By End User)

- Australia (By End User)

- Rest of Asia-Pacific (By End User)

Rest of the World (By Endurance, External Load Capacity, Application End User, and Sub Region)

- Latin America (By End User)

- Middle East and Africa (By End User)


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