The helicopter market will witness a modest growth rate during the forecast period. Continuous procurements of the helicopter by the military are providing a modest growth and strength to the helicopter market. Moreover, increasing commercial usage of the helicopter such as for emergency medical services, taxi services, personal usage is providing a significant growth to the market. It is due to the increasing need for faster solutions in urban transportation. Traffic congestion is one of the biggest mobility issues in recent times primarily at certain peak hours due to heavy traffic congestions. According to the World Economic Forum, in 2018, in the US the total productivity loss due to traffic congestion was around $87 billion. Moreover, India loses around $21.3 billion annually due to traffic congestion. Due to this, the millionaires and billionaires are using air taxi service for transportation. Thus, augmenting the demand of the helicopters all across the globe.

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The global helicopter market is segmented based on end-user, applications, and types. By end-user, the market is further segmented into military, government & homeland security, commercial. Commercial sector is expected to showcase the fastest growth rate during the forecast period. By application, the market is further divided into security, surveillance, transportation, emergency medical services, and others. In the security helicopter segment, add-on defense equipments are not taken into consideration during evaluating the market. Transportation is expected to witness a lucrative growth rate whereas security and surveillance sector will hold a major market share during the forecast period. By type, the helicopter market is segmented into lightweight, medium weight, and heavyweight. Light-weight helicopter for civil and commercial activities is expected to witness substantial growth all across the globe.

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The helicopter market is the highly consolidated market and very few OEMs are working in the market due to high investment associated with it however various small companies are collaborating with these OEMs to provide different hardware and innovative technologies. Some of the major players operating in the market include Airbus SE, BAE Systems plc, Bell Textron Inc., Kawasaki Heavy Industries, Ltd., Leonardo S.p.A, Lockheed Martin Corp., Russian Helicopters, JSC, Thales Group, The Boeing Co. These companies are adopting growth strategies including mergers & acquisitions, new product & technology launches, expansions, partnerships & collaborations to gain a competitive edge in the market. For instance, in May 2020 Lockheed Martin Corp., subsidiary Sikorsky has signed an agreement to provide 24 MH-60R helicopters to the Indian Navy for anti-submarine warfare duties by the spring of 2021. The deal cost around $905 million.

Global Helicopter Market – Segmentation
By Application 
Food and Beverages
Chemical
Pharmaceutical
Others
Global Helicopter Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles

Airbus SE
BAE Systems plc
Bell Textron Inc.
Hindustan Aeronautics Ltd.(HAL)
Kawasaki Heavy Industries, Ltd.
Korea Aerospace Industries, Ltd.
Leonardo S.p.A
Lockheed Martin Corp.
MD Helicopters, Inc.
Russian Helicopters, JSC
Thales Group
The Boeing Co.
The Robinson Helicopter Co.
Cicaré S.A
Kaman Corp.


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