Business Strategies Adopted By Major Players in the Helicopters Market


Posted January 31, 2019 by ayub121

The helicopters market is projected to grow from USD 26.93 Billion in 2017 to USD 30.69 Billion by 2022, at a CAGR of 2.65% from 2017 to 2022.

 
The helicopters market is projected to grow from USD 26.93 Billion in 2017 to USD 30.69 Billion by 2022, at a CAGR of 2.65% from 2017 to 2022. This market is driven by the increased demand for EMS (Emergency Medical Services) and offshore helicopters in regions, such as North America, Asia Pacific, the Middle East, and Africa, and the increasing demand for military helicopters due to replacement as well as capability expansion programs worldwide.

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The objective of this study is to analyze the helicopters market, along with statistics, from 2017 to 2022, and to define, describe, and forecast the market and map the segments and sub segments across major regions, namely, North America, Europe, Asia Pacific, and Row. The report segments the market and forecasts its size on the basis of end-use, type, application, components & systems, and aftermarket components & systems. It provides in-depth market intelligence regarding market dynamics and major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market, along with analyzing micro markets with respect to individual growth trends, prospects, and their contribution to the market.
The report also covers competitive developments, such as long-term supply contracts, business agreements, joint ventures, mergers, new product/technology launches & developments, and research & development activities in the helicopters market, in addition to the business and corporate strategies adopted by key market players.

The helicopters market is segmented based on components & systems into airframe and engine. The airframe segment is expected to lead the market during the forecast period. This segment is further divided into aero structures, main rotor system, anti-torque system, transmission system, electrical system, avionics, hydraulic system, undercarriage, stability augmentation system, environmental control system, cabin interiors, flight control system, emergency system, and special purpose system, among others
Military helicopters perform different attack missions, such as ground attack, air-to-air combat, and maritime/naval attack. Apart from these attacking roles, helicopters are also used to perform various other defense operations, such as surveillance, observation, search & rescue, and evacuation of wounded soldiers from the front lines. Helicopters are extensively used by militaries around the globe due to their unique maneuverability features, and advanced technologies that the helicopters are equipped with. As the manufacturing cost of military helicopters is more than the commercial helicopters, the market for military helicopters is expected to lead.

Technological advancements in the field of helicopters OEM have led to improvement in the operational capacities of helicopters and their ability to hover, take-off, and land, thereby increasing the applicability of helicopters in both, commercial as well as military sectors. Thus, the growing applicability of helicopters serves to be one of the most significant factors fueling the demand for helicopters OEM in the North American region. In addition, advancements in propulsion technologies and designs of helicopters have also contributed to the growth of the North America helicopters OEM market.

Airbus Helicopters Inc. (US), Bell Helicopters Textron Inc. (US), Russian Helicopters, JSC (Russia), Leonardo S.p.A. (Italy), Lockheed Martin Corporation - Sikorsky (US), Kawasaki Heavy Industries, Ltd. (Japan), Columbia Helicopters (US), and Boeing (US) are some of the leading players in the helicopters market.
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Issued By marketsandmarkets
Country United States
Categories Aerospace , Defense
Tags helicopters market
Last Updated January 31, 2019