Commercial Helicopter Market Size Worth $8.92 Billion by 2030: Grand View Research, Inc.
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Read 140-page market research report, "Commercial Helicopter Market Size, Share & Trends Analysis Report By Type (Light, Medium, Heavy), By Application, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.
Commercial Helicopter Market Growth & Trends
Furthermore, there has been a recent rise in demand for customized and luxurious helicopters in the transportation sphere, which is expected to increase with a growing preference for luxury and enhanced comfort among high-end business travelers. There has also been a noticeable increase in the purchase of new helicopters for activities like training, tourism, Firefighting application, enforcement of the law, and particularly for replacing older fleets and widening the application base. Additionally, an increase in demand for changes in operational requirements, fuel-efficient rotorcraft, and expiring warranties are the key factors anticipated to be drivers of the market over the forecast period for new helicopters.
The North America market is expected to grow significantly during the forecast period due to the growing demand for rotorcraft in the oil and gas and renewable energy industries. The Asia Pacific market was valued at the largest revenue share in 2021 and is expected to grow during the forecast period. Due to the easing of space rules and the rise of the regional aviation sector, countries like India and China are likely to emerge as fast-growing markets.
Commercial Helicopter Market Segmentation
Grand View Research has segmented the global commercial helicopter market report on the basis of type, application, and region:
Commercial Helicopter Market - Type Outlook (Revenue, USD Million, 2018 - 2030)
Commercial Helicopter Market - Application Outlook (Revenue, USD Million, 2018 - 2030)
Commercial Helicopter Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)
List of Key Players of Commercial Helicopter Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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