Helicopter Tourism Market is expected to reach US$ 1,253.9 Mn in 2027

by Sameer Joshi or 31-Jan-2020
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Report : Helicopter Tourism Market to 2027 - Global Analysis and Forecasts By Material (Zirconia, Silicon, Alumina, and Others); Function (Active and Inert); Application (Aerospace, Automotive, Chemical, and Others)

The tourism industry has spurred stupendously over the years and is at a constant rise. The demand for tourism among every class of society has led to the emergence of various types of tourism methods. Roadways tourism has dominated the industry for a long period, however, newer robust tourism methods are emerging in the recent years, such as waterways based tourism and aerial tourism. The increase in disposable income among the masses in developed countries as well as developing countries has resulted in rise in aerial tourism through helicopter. This factor has positively impacted on the helicopter tourism market.

Over the last few years, helicopters tourism is receiving high momentum throughout the globe. In the past 5 years, the launch of new tourist destinations has brought about a new era in the global travel and tourism industry. With rise in the number of tourism operators, there has been an increased demand for aerial tours, as well as for number of helicopters. Helicopters have been witnessing significant demand from the commercial customers apart from air ambulance and governmental carriers. In the recent years, the tourism through helicopters is soaring in different cities of developed countries as well as developing nations, which is bolstering the helicopter tourism market growth. Additionally, increase in commercial helicopter manufacturers across the globe has resulted in increase in procurement of civilian helicopters for tourism. Coupling this fact with the increase in demand for aerial tourism is reflecting growth in helicopter tourism market. The reduction in tourism cost per hour in price-sensitive regions is anticipated to facilitate the market players in helicopter tourism market witness growth in their annual sales, thereby, catalyzing the demand for helicopter tourism market. North America is the prominent region in the helicopter tourism market. On the other hand, Asia Pacific is anticipated to be the fastest-growing region in terms of CAGR during the forecast period from 2019 – 2027.

Helicopter tourism market is expected to experience rapid growth in the coming years due to the rising growth in tourism industry paired with positive economic outlook and increasing interest towards aerial sightseeing. However, striking number of past helicopter accidents would pose a stern challenge to the growth of the helicopter tourism market in the coming years. Despite these hindrances, the widening scope in the emerging economies and emergence of autonomous flight technology are anticipated to offer ample growth opportunities for the players operating in the helicopter tourism market during the forecast period of 2019 to 2027. Major and smaller players are trying to come up with innovative solutions and strategic partnerships as well as different business models to attract a large base of customers.

The major companies offering helicopter tourism market include Accretion Aviation, Birds Eye View Helicopters, Chicago Helicopter Tours, Grand Canyon Helicopters, Helicopter Flight Services Inc., Liberty Helicopter, Maverick Helicopter, Sundance Helicopters, Zip Aviation, and Cape Town Helicopters among others. Several other companies are also offering these helicopter tourism services, which is facilitating the market to propel over the years.

The report segments the global helicopter tourism market as follows:

Global Helicopter Tourism Market – By Tourism Type

  • General Tourism
  • Customized Tourism

Global Helicopter Tourism Market – By Ownership Type

  • Fractional Ownership
  • Charter Service

Global Helicopter Tourism Market - By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East & Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM
       

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