Global Helicopters Market Analysis, Size, Development, Growth and Demand Forecast to 2022

The global helicopters market has showed significant growth in revenues, during the last few years. On the basis of application, the global market is primarily divided into civil & defense helicopters, wherein the demand for civil helicopters is driven by oil & gas exploration activities, while the demand for defense helicopters is driven by need for advanced defense equipment. The Russian & CIS helicopters market is currently dominated by defense helicopters segment, which is expected to continue with its majority over the next few years. The market share of the region is expected to increase, due to increase in usage of helicopters in defense sector of Russia. In North America and Europe, slow growth rate can be witnessed because of the budget restriction in their defense sector, which would lead to decrease in the market share in 2015. Supported by rapidly growing demand for commercial and defense helicopters in countries, such as China, India, Japan and Indonesia, Asia-Pacific has emerged as the most prominent market in the last few years.

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The growing demand for light helicopters, shift towards civil helicopters market, increasing leasing in helicopters industry, growing joint ventures between global manufacturers, increased demand for technologically advanced combat helicopters, increasing up-gradation of existing fleet, tie-up between helicopters manufacturers and aviation colleges are the major opportunities in the global helicopter. The factors restraining the growth of the market in defense sector include the restricted defense budgets in major countries. Despite this, several countries have high demand for helicopters in their defense sector, which finally shows an estimated positive growth in the market. Apart from North America, Asia-Pacific and Eastern Europe are also witnessing growth in demand for defense helicopters.

The global market is expected to witness a significant growth during 2016-2022. Despite having a considerably smaller share in the global market, Latin America is estimated to witness fastest growth among all other regions during the next five years; and therefore, the region is considered as the most promising market among global manufacturers.

Fleets are mostly getting leased over being owned. The Bristow, CHC, and Era fleets already comprise 20% to 30% leased aircraft. Most of the major operators are planning to move up to around 35% leased aircraft, thus making the industry appear similar to commercial airlines.

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Some of the major players operating in global helicopter market include Bell Helicopters, Airbus Helicopters, Russian Helicopters, Agusta Westland NV, Boeing, NH Industries, Kaman Corporation, MD Helicopters Inc., Robinson Helicopters and Hindustan Aeronautical Limited.

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