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    Helicopter Tourism Market

    ID: MRFR/A&D/3081-CR
    114 Pages
    Swapnil Palwe
    February 2021

    Helicopter Tourism Market Research Report Information By Types (General Tourism and Customized Tourism), By Applications (Personal Tourism, Family Tourism, and Group Tourism), and By Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2035

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    Helicopter Tourism Market Infographic
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    Helicopter Tourism Market Summary

    As per Market Research Future Analysis, the Global Helicopter Tourism Market is projected to reach USD 1.12 Billion by 2030, growing at a CAGR of 3.56% from 2023 to 2030. The market is driven by the increasing popularity of helicopter travel, particularly for sightseeing, and the rise in air travel leading to more affordable options. However, the COVID-19 pandemic significantly impacted the tourism sector, causing a drastic fall in visitor numbers due to travel restrictions. The market is segmented into general and customized tourism, with customized tourism showing prominent growth. Family tourism accounted for the largest market share in 2021, driven by the emphasis on family unity and experiences. North America held the largest market share in 2021, while Asia-Pacific is expected to exhibit the highest CAGR during the forecast period.

    Key Market Trends & Highlights

    Key trends influencing the helicopter tourism market include increased consumer acceptance and innovative sightseeing opportunities.

    • Market size in 2021: USD 1.12 Billion; projected growth at a CAGR of 3.56% from 2023 to 2030.
    • Family tourism accounted for the largest market share in 2021, driven by the need for family experiences.
    • North America dominated the market in 2021, attributed to a decline in crude oil prices and increased domestic travel.
    • Asia-Pacific is expected to exhibit the highest CAGR during the forecast period due to rising demand for helicopter services.

    Market Size & Forecast

    Market Size in 2021 USD 1.12 Billion
    Projected Market Size by 2030 USD 1.12 Billion
    CAGR from 2023 to 2030 3.56%
    Largest Regional Market Share in 2021 North America

    Major Players

    Prominent players include Chicago Helicopter Tours, Sydney Helicopters, Maverick Helicopters, Cape Town Helicopters, and Liberty Helicopter.

    Helicopter Tourism Market Drivers

    Rising Disposable Income

    The Global Helicopter Tourism Market Industry is likely to benefit from the increasing disposable income among consumers worldwide. As individuals experience greater financial freedom, they are more inclined to invest in unique travel experiences, including helicopter tours. This trend is particularly evident in emerging economies, where a burgeoning middle class seeks luxury travel options. The market is projected to reach 0.83 USD Billion in 2024, reflecting a growing appetite for premium experiences. This increase in disposable income may drive demand for helicopter tourism, as consumers prioritize memorable adventures over traditional vacation options.

    Market Growth Projections

    Technological Advancements

    Technological innovations in helicopter design and safety features appear to enhance the appeal of helicopter tourism. The Global Helicopter Tourism Market Industry benefits from advancements that improve fuel efficiency, reduce noise pollution, and enhance passenger comfort. For instance, the introduction of quieter rotor technologies may attract environmentally conscious travelers. Additionally, improved navigation systems contribute to safer and more efficient flights. As these technologies evolve, they could potentially lead to a broader acceptance of helicopter tourism, making it a more viable option for a wider audience, thus supporting market growth.

    Increased Focus on Adventure Tourism

    The Global Helicopter Tourism Market Industry is experiencing a surge in interest due to the rising popularity of adventure tourism. Travelers are increasingly seeking unique and thrilling experiences that allow them to explore destinations from a different perspective. Helicopter tours offer breathtaking aerial views and access to remote locations that are often difficult to reach by other means. This trend aligns with the broader shift towards experiential travel, where consumers prioritize activities that provide lasting memories. As the market evolves, it is expected to grow at a CAGR of 4.42% from 2025 to 2035, driven by this growing demand for adventure.

    Regulatory Support and Safety Standards

    The Global Helicopter Tourism Market Industry is influenced by regulatory support and the establishment of stringent safety standards. Governments are increasingly recognizing the economic potential of helicopter tourism and are implementing policies that facilitate its growth. Enhanced safety regulations ensure that operators maintain high standards, which can instill consumer confidence. As safety becomes a priority, it may lead to increased participation in helicopter tours, as travelers feel more secure in their choices. This regulatory environment could provide a solid foundation for market expansion, encouraging investment and innovation in the sector.

    Strategic Partnerships and Collaborations

    Strategic partnerships between helicopter operators and tourism agencies are likely to play a crucial role in the expansion of the Global Helicopter Tourism Market Industry. By collaborating, these entities can create comprehensive travel packages that include helicopter tours as part of a broader itinerary. Such partnerships may enhance visibility and accessibility, attracting a wider audience. For instance, collaborations with luxury hotels or travel influencers can amplify marketing efforts, reaching potential customers who value exclusive experiences. This approach may contribute to the market's growth trajectory, as it fosters a more integrated travel experience.

    Market Segment Insights

    Types

    The helicopter tourism market segmentation, based on types, is general and customized tourism. The helicopter tourism market growth was prominently high under the customized tourism category in 2021. The main advantage of customized tours is the ability to go anywhere and anytime. Additionally, these personalized tours give the client a unique and distinct experience. Similarly, numerous helicopter tour operators give their clients personalized itineraries based on their travel interests.

    Applications Insights

    The helicopter tourism market segmentation, based on applications, is personal, family, and group tourism. In 2021, family tourism accounted for the largest market share of the global market for helicopter tourism. The growing emphasis on encouraging family unity, maintaining family ties, and making family memories fuels family tourism. Families are becoming more geographically distributed due to mobility, and new family markets are developing.

    Global Helicopter Tourism Market Share, by Region, 2021 (%)

    By region, the helicopter tourism market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the most extensive market share. Asia-Pacific will exhibit the highest CAGR during the forecast period.

    North America

    North America dominated the market for helicopter tourism share in 2021 due to the decline in crude oil prices & the influx of domestic travelers across the U.S. The growth is also attributed to the highest defense expenditure and a large number of procurement of advanced lightweight helicopters from the company, Bell Textron, Lockheed Martin Corporation, and others, propelling the market growth in the region.

    Get more detailed insights about Helicopter Tourism Market Research Report - Global Forecast To 2030

    Key Companies in the Helicopter Tourism Market market include

    Future Outlook

    Helicopter Tourism Market Future Outlook

    The Global Helicopter Tourism Market is poised for growth at a 4.42% CAGR from 2024 to 2035, driven by technological advancements, increasing disposable incomes, and rising adventure tourism demand.

    New opportunities lie in:

    • Develop eco-friendly helicopter models to attract environmentally conscious tourists.
    • Leverage digital marketing strategies to enhance customer engagement and booking efficiency.
    • Expand service offerings to include customized tours and exclusive experiences for high-net-worth individuals.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and innovative service offerings.

    Market Segmentation

    Types Outlook

    • General Tourism
    • Customized Tourism

    Region Outlook

    North America
    • US
    • Canada
    • Mexico

    Applications Outlook

    • Personal Tourism
    • Family Tourism
    • Group Tourism

    Report Scope

    {"0"=>{"market_size"=>"USD 1.12 Billion"}, "1"=>{"cagr"=>"3.5% "}, "2"=>{"base_year"=>"2021"}, "3"=>{"forecast_period"=>"2022-2030"}, "4"=>{"historical_data"=>"2020"}, "5"=>{"forecast_units"=>"Value (USD Billion)"}, "6"=>{"report_coverage"=>"Revenue Forecast, Competitive Landscape, Growth Factors, and Trends"}, "7"=>{"segments_covered"=>"By Types, By Applications"}, "8"=>{"geographies_covered"=>"North America, Europe, APAC, MEA, South America"}, "9"=>{"key_vendors"=>"Airbus ,Bell Helicopter Textron Inc. ,Leonardo – S.P.A ,Russian Нelicopters JSC ,Sikorsky 105,AVIC 108,Enstrom Helicopter Corp. ,MD HELICOPTERS, INC."}, "10"=>{"key_market_opportunities"=>"Opportunity to take innovative photos of the sky"}, "11"=>{"key_market_drivers"=>"Increased the number of customers opting for helicopter tours"}}

    Market Highlights

    Author
    Swapnil Palwe
    Team Lead - Research

    With a technical background as Bachelor's in Mechanical Engineering, with MBA in Operations Management , Swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the Automotive/A&D domain. Swapnil has worked on major projects in verticals such as Aerospace & Defense, Automotive and many other domain projects. He has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.

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    FAQs

    1. What is the study period of the g helicopter tourism market report?

    The helicopter tourism market forecast period is 2022 - 2030

    2. What is the Helicopter Tourism Market Growth rate?

    The market is expected to register a CAGR of ~20% over the next 10 years, according to the helicopter tourism market research.

    3. Which region has the highest market growth rate?

    Asia-Pacific is expected to register the highest CAGR during 2022 - 2030

    4. Which region has the largest share in the market?

    North America held the largest share in 2021

    5. What is the expected helicopter tourism Industry size by 2030?

    The market size is expected to be USD 1041.77 million by 2030.

    6. Who are the key players in the Industry?

    Chicago Helicopter Tours, Sydney Helicopters, Maverick Helicopters, Cape Town Helicopters, Bravo Helicopters, Heliair Venice, Liberty Helicopter, Kaikoura Helicopters, Barcelona Helicopters, SUNDANCE HELICOPTERS, Birds Eye View Helicopters, HELI-JET AVIATION, Niagara Helicopters are the major companies operating in the global market.

    What factors have helped North America secure the leading position?

    The North America region is expected to dominate the helicopter tourism market due to rising helicopter tourism in major markets such as U.S., Argentina, Canada, Brazil, Mexico, and Peru. All these countries have advanced infrastructure and tourism destination which signifies the potential of the market. There are a large number of helicopter companies based in this region, which proliferate the tourism business.

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