Helicopter Services Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Helicopter Services Market
The helicopter services market size was valued at USD 27.69 billion in 2023, and the market is now projected to grow from USD 31.16 billion in 2024 to USD 48.06 billion by 2032, exhibiting a CAGR of 5.6% during the forecast period of 2024-2032.
The helicopter services market growth is expected to have a rise from 2024 to 2032, driven by way of using growing call for emergency clinical services (EMS) and the COVID-19 pandemic.
Emergency Medical Services (EMS) offer on-web page remedy and constant transportation for sufferers with scientific crises or catastrophic accidents. Helicopters are usually used for emergency medical transportation due to their capability to reach a long way off areas and deliver patients to hospitals brief. The want for EMS is fueled thru the need to proper now transfer extensively sick or injured sufferers to hospitals, especially in rural or foreign places wherein land transportation is hard. As metropolis populations grow, there is probably an extra want for emergency clinical offerings to deal with accidents, clinical crises, and trauma.
On-demand helicopter services are supplied via aviation agencies or structures to people or agencies as needed, without previous reservation or determination. Customers can request helicopter flights for quite a few goals, in conjunction with government journey, aerial sightseeing, emergency medical transport, aerial pictures, and transportation to remoted regions. Users can request the ones services through mobile applications or internet sites, with customizable alternatives for departure and vacation spot factors, departure hours, and different information.
Comprehensive Analysis of Helicopter Services Market
The helicopter offerings market is segmented into mild, medium, and heavy. Light helicopters dominate the market due to their lighter hundreds and shorter distances, even as medium helicopters are anticipated to grow because of their large payload capability and longer variety. The marketplace is labeled into numerous packages, which includes offshore, air ambulance, business corporation and company excursion, disaster and humanitarian resource, delivery, and enjoyment constitution. The transport phase is anticipated to grow because of the demand for faster travel and reach to far flung areas. The civil segment is predicted to grow because of the growing demand for seek and rescue offerings. The business phase is predicted to develop due to the growing call for for helicopters for enterprise and company tour.
The North America region lead the helicopter services market share by benefitting a market size of USD 27.69 billion in 2023 due to due to growing demand for aerial firefighting offerings. In April 2023, forty one organizations won a ten-12 months settlement really worth USD 1 billion to offer helicopter aid services to the United States Forest Service. The contract includes Category 3 helicopters for wildfire management and client services.
The helicopter offerings enterprise is extraordinarily fragmented, with outstanding competitors including Bristow Group Inc., UTair-Helicopter Services JSC, Air Methods Corporation, Petroleum Helicopters International Inc., CHC Helicopter Group, and others. These companies prioritize technical innovation, sustainable operations, and growth into growing markets. In May 2023, CHC Helicopter unveiled ClearSkies, a pioneering flight planning application that goals to reduce carbon impact. ClearSkies, developed to enhance sustainability in aircraft operations, is a huge step forward in environmental focus. ClearSkies airplane experiments display an average 5% lower in CO2 emissions. This revolutionary software program is now to be had to customers globally on CHC's AWI 39, AWI 89, and S92 fleets.
In August 2023, Serica Energy prolonged its contract with Offshore Helicopter Services U.K. (OHSUK) in the UK North Sea. The 5-12 months extension bolstered the partnership and ensured collaboration for at least 8 years. OHSUK will hire its HI 75 and S92 aircraft to assist Serica's North Sea activities, mainly at the Bruce platform, accountable for gasoline-condensate operations from the Bruce, Keith, and Rhum fields.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.6% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Type
Light
Medium
Heavy
By Application
Offshore
Air Ambulance
Business and Corporate Travel
Disaster and Humanitarian Aid
Transport
Leisure Charter
Other (Surveying and Aerial Imaging, Media, Entertainment)
By End User
Civil
Commercial
Military
By Geography
North America (By Type, Application, End User, and Country)
U.S. (By Type)
Canada (By Type)
Europe (By Type, Application, End User, and Country)
U.K. (By Type)
Germany (By Type)
France (By Type)
Italy (By Type)
Russia (By Type)
Rest of Europe (By Type)
Asia-Pacific (By Type, Application, End User, and Country)
China (By Type)
India (By Type)
Japan (By Type)
South Korea (By Type)
Australia (By Type)
Rest of Asia-Pacific (By Type)
Latin America (By Type, Application, End User, and Country)
Brazil (By Type)
Argentina (By Type)
Rest of Latin America (By Type)
Middle East & Africa (By Type, Application, End User, and Country)
U.A.E. (By Type)
Israel (By Type)
South Africa (By Type)
Rest of the Middle East & Africa (By Type)
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