Global Military and Commercial Helicopters Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Military and Commercial Helicopters Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A helicopter is a type of rotorcraft in which lift and thrust are supplied by rotors. This allows the helicopter to take off and land vertically, to hover, and to fly forward, backward, and laterally. These attributes allow helicopters to be used in congested or isolated areas where fixed-wing aircraft and many forms of vertical takeoff and landing aircraft cannot perform.

Market Overview:

The latest research study on the global Military and Commercial Helicopters market finds that the global Military and Commercial Helicopters market reached a value of USD 34293.0 million in 2022. It’s expected that the market will achieve USD 40114.0 million by 2028, exhibiting a CAGR of 2.65% during the forecast period.

Growing demand for emergency medical services (EMS) is contributing to market growth.

The rise of smart city projects in countries such as India and China, increasing government initiatives to improve medical facilities, and increased investment in infrastructure development by private hospitals have created a high demand for emergency medical services (EMS) helicopters. These services prefer air ambulances, which can help emergency medical response teams reach any remote area. Hospitals prefer air ambulance services to road transport because of its benefits, such as transporting patients to the hospital quickly and safely. In addition, the increase in the transportation of human organs by air ambulances is also supporting the growth of emergency medical services (EMS), which will propel the market growth in the coming years.

Military investment drives demand for helicopters.

Another key driver behind the growth was active military investment, driven by increased military spending in the military market by Military and Commercial Helicopters. In some countries, such as the United States, the defense budget proposed by the United States for fiscal year 2022 has reached a new high, and this figure has increased by 1.7% over last year. Increased military investment will further boost the Military and Commercial Helicopters industry.

The helicopter industry faces challenges posed by climate.

According to the World Meteorological Organization, since the beginning of the Industrial Revolution, the global average temperature is rising and facing a warming climate. Greenhouse gas emissions are one of the major contributors to climate warming. Therefore, governments and organizations are increasingly paying attention to environmental protection issues, and have introduced policy restrictions and management. The aviation industry is under intense pressure to reduce emissions from aircraft engines. It takes a lot of power and fuel to overcome gravity and travel at breakneck speeds. Therefore, airplanes produce more carbon dioxide than land vehicles. The helicopter industry has joined the rest of the aviation industry in taking steps to reduce carbon dioxide emissions. One of the main challenges facing manufacturers in the Military and Commercial Helicopters industry is how to generate enough power to obtain the lift and speed required for flight.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (44.41% in 2022).

Company Overview:

Airbus Helicopters is one of the major players operating in the Military and Commercial Helicopters market, holding a share of 20.61% in 2023.

Airbus Helicopters

Airbus Helicopters is the world’s leading manufacturer of helicopters, offering the most comprehensive lineup of civilian and military helicopters in the world. Airbus Helicopters (formerly Eurocopter Group) is the helicopter manufacturing division of Airbus. Airbus strives to provide the most efficient helicopter solutions to its customers who serve, protect, save lives and safely carry passengers in demanding environments. The company’s product line offers the full spectrum of rotary-wing aircraft solutions for civil, government, military, law enforcement and parapublic uses.

Lockheed Martin

Lockheed Martin is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995.

Segmentation Overview:

As for product types, the Light Helicopters segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Military, with a market share of 58.25% in 2022.

Key Companies in the global Military and Commercial Helicopters market covered in Chapter 3:

Russian Helicopters
Bell Textron
Leonardo
Airbus Helicopters
Lockheed Martin
Boeing
KAI

In Chapter 4 and Chapter 14.2, on the basis of types, the Military and Commercial Helicopters market from 2018 to 2029 is primarily split into:

Light Helicopters
Medium Helicopters
Heavy Helicopters

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Military and Commercial Helicopters market from 2018 to 2029 covers:

Military
Civil and Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)