Global Commercial Helicopters Market 2018-2028

by Sameer Joshi or 01-Sep-2018

Global commercial helicopters market, valued at US$6.8 billion in 2018, is expected to grow at a CAGR of 4.11% over the forecast period, to reach US$10.1 billion by 2028, with a cumulative value of US$88.5 billion. The market consists of three categories: light, medium and heavy helicopters. The market is expected to be dominated by the light helicopter segment, which will account for 36.0% of the market, followed by the medium and heavy segments with shares of 32.5% and 31.5%, respectively. Asia-Pacific is expected to dominate the sector with a share of 32.7%, followed by North America, with a share of 29.7% and Europe with 26.7%.

Key Trends:

  • Fast growth in emerging markets
  • Light helicopter attracting significant investments owing to HEMS and VIP transport industries
  • Rising interest in heli-tourism and heli-taxi
  • Joint ventures expected to increase over the forecast period

Key Challenges:

  • Fluctuating oil prices affecting the commercial helicopter market
  • Lack of trained helicopter pilots proving a hurdle to market expansion
  • Weak indigenous manufacturing capabilities and a lack of R&D
  • Environmental emissions to pose challenge for helicopter manufacturers