Brandessence Market Research has published new industry trend named, “Helicopters Market 2018-2024“. According to the BMRC the Helicopters Market is expected to grow at around USD 31.87 billion by 2024.
It has unique operating characteristics of take-off and landing vertically. A helicopter is an aircraft that is lifted and propelled by one or more horizontal rotors. These rotors consist of two or more rotor blades. Operating helicopters requires a great deal of training and skill, as well as continuous attention to the machine. Tandem rotors, coaxial rotors, intermeshing rotors are the different types of rotors.
The helicopters market it is expected to grow at CAGR of around 3.0% for the forecast 2017 to 2024. So, this market is expected to grow at around USD 31.87 billion by 2024.
Light Helicopters, Medium Helicopters and Large & Heavy Helicopters are the different type of Helicopters from which demand of medium helicopters are increasing. The market is mainly driven by the benefits of helicopters in critical environmental conditions. This are mainly used in disaster relief, military and defense, tourism, commercial applications. The deployment of helicopters in military and civil services on case of disaster relief is an important factor that drives the demand of helicopters. Growing competition in manufacturers through innovation is expected to drive the market at fast pace in coming years. The increasing demand mainly from the defense sector of developing regions like Middle East & Africa, Asia-Pacific, and South American countries are also driving the market. The emerging markets such as India, China, Brazil, Southeast Asia, and Japan are expected to change the trends and dynamics of the market in the future.
The regional segmentation consists the current and forecast demand for the Middle East & Africa, North America (U.S., Mexico), Europe (UK, France, and Germany), Latin America (Brazil) and Asia Pacific (China, India and Japan) for this market.
The companies profiled in the report covered different parameters includes the company overview and financial overview, a product offered by them which can help in assessing competition in the market, business strategies adopted by them along with their recent developments and innovation. Key manufacturers for this market share include Airbus SAS, Bell Textron Inc., Leonardo S.P.A., Russian , Jsc, Boeing, Lockheed Martin Corporation, Kawasaki Heavy Industries, Ltd., Md Helicopters, Inc., Korea Aerospace Industries, Ltd.
This report segment follows:
• Light Helicopters
• Medium Helicopters
• Large & Heavy Helicopters
• Civil & Commercial
Regional Segment Analysis
• North America
• Asia Pacific
o Southeast Asia
• Latin America
• The Middle East and Africa
o Rest Of MEA