Helicopter Market by Type (Civil & Commercial and Military), by Weight (Light, Medium, and Heavy), by Application (Emergency Medical Service, Corporate Service, Search and Rescue Operation, Oil & Gas, Defense, Homeland Security, and Others), by Point of Sale (New and Pre-Owned), by North America (U.S., Canada), by Europe (U.K., Germany, France, Italy, Russia, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, Australia, Rest of Asia Pacific), by South America (Brazil, Argentina, Rest of South America), by Middle East & Africa (U.A.E., Israel, South Africa, Rest of Middle East & Africa) Forecast 2024-2032
The Helicopter Market size was valued at USD 56.87 USD Billion in 2023 and is projected to reach USD 73.34 USD Billion by 2032, exhibiting a CAGR of 3.7 % during the forecast period. A helicopter is a type of rotorcraft that has horizontally rotating rotors that provide lift and thrust. These rotors enable vertical takeoff and landing (VTOL) and allow the aircraft to hover in place for extended periods of time. These rotorcraft are designed to perform various operations and flights in congested or isolated areas where fixed-wing aircraft cannot meet mission requirements. In terms of performance and reliability, these aircraft have evolved significantly over the past two decades. They have several applications namely military, commercial and general. In recent years, general aviation has shown the greatest growth in air traffic with rotorcraft, including emergency services.
For more detailed insights on the global helicopter market, refer to the comprehensive report at: [Website Link]
The market is segmented by region into North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America. The Asia-Pacific region is expected to drive growth due to the increasing demand in the defense and civil & commercial sectors.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.7% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.7% from 2018-2032 |
Segmentation |
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