Helicopters Market Research Report鈥擥lobal Forecast till 2030

Helicopter Market Research Report Information by Component & System (Airframe and Engine), By Type (Military and Civil, and Commercial), By Application (Civil & Commercial, and Military), By Point of Sale (OEM and Aftermarket), And by Region (North America, Europe, Asia-Pacific, And Rest Of The World) 鈥 Market Forecast Till 2030

ID: MRFR/A&D/8054-CR | 210 Pages | Published By Swapnil Palwe on October 2022         

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Global Helicopter Market Overview


 Helicopter Market Size was valued at USD 32.5 billion in 2022. The Helicopter industry is projected to grow from USD 33.54 Billion in 2023 to USD 40.51 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.20% during the forecast period (2023 - 2030). demand from helicopter operators for new helicopters and the use Single Engine Operative (SEO) technology to replace are the key market drivers enhancing the market growth.


Helicopter Market Overview


Source Secondary Research, Primary Research, MRFR Database and Analyst Review


Helicopter Market Trends



  • Helicopter fleet replacement for the aged to boost the market growth.


Primarily due to the expanding demand from helicopter operators for new helicopters to replace their outdated fleet. In 2021, the European region received 167 units, of which 66 percent were light helicopters, followed by medium and heavy helicopters, which accounted for 23 percent and 11 percent, respectively. The average age of the region's helicopter fleet is currently over 18 years, and more than half of the fleet that is still in use is over 26 years old. The operators in the area are making significant investments in purchasing brand-new, cutting-edge helicopters to maintain an airworthy fleet.


For instance, Yorkshire Air Ambulance (YAA) announced in May 2021 that it intended to replace its current fleet of Airbus H145 D2 helicopters by 2023 with the most recent variants, which include significant design changes. Similarly, in June 2020, Airbus received funding from the French government to develop a low-emission hybrid engine to replace its best-selling H125 Ecurueil light-single, as well as orders for 20 rotorcraft from its current range, including two H145, ten H160, and eight H225M helicopters.


Twin-engine aircraft can use Single Engine Operative (SEO) technology to switch off one of their engines while on a cruise, save fuel, climb quickly, and then restart it. With the help of mechanical flight control, these devices are meant to supplement flight-by-wire. An advantageous aspect of the helicopter market is the widespread use of Automatic Dependent Surveillance-Broadcast (ADS-B) in the commercial and military helicopter sectors to expand flight tracking coverage and provide redundancy across networks. For instance, the FLIGHTRADAR24 AB company activated nearly dozens of ADS-B receivers supplied by Flightradar24 as well as hundreds more receivers that were custom-built in October 2021. The ability to provide redundancy and increase flight tracking coverage is facilitated by the approximately 30,000 terrestrial receivers in the network.


Additionally, in places like the US, Brazil, Iraq, and Australia, the new receivers are bridging gaps in low-level coverage and MLAT tracking. As a result of new receivers in nations like Chile, Greenland, and Japan, the company's network expanded its service areas. DARPA's autonomous helicopter, Black Hawk, completes two missions successfully. Sikorsky, a Lockheed Martin subsidiary, developed the autonomous software for the aircraft. Without requiring a pilot, the chopper carried out a rescue operation and trips for interior, and exterior cargo resupplies. Now is the right time for the Army to use MATRIX technology as they look to replace their outdated helicopter fleet and buy Future Vertical Lift aircraft.


In addition, Airbus created a five-bladed H145 helicopter in July 2020, with deliveries beginning in 2021, approved by the European Aviation Safety Agency (EASA). This five-bladed H145 has a sleet airframe, exceptional fuel efficiency, and noise reduction capabilities is another factor driving the growth of the Helicopter market revenue.


Helicopter Market Segment Insights


Helicopter Component & System Insights


The Helicopter market segmentation, based on Component & System the market is segmented into Airframe and Engine. The Airframe Helicopter segment held the majority share in 2022, contributing to the Helicopter Industry revenue. The market is expected to grow due to rising demand for lightweight rotorcraft and increased use of composite materials, 3D printed parts and rotorcraft deliveries across the globe.


Figure 2  Helicopter market, by Component & System, 2022 & 2030 (USD Billion) Helicopter market, by Component & System, 2022 & 2030


Source Secondary Research, Primary Research, MRFR Database and Analyst Review


Helicopter Type Insights


The Helicopter market segmentation, based on type, includes Military & Civil and Commercial. The Military & Civil segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. This is because these machines are used for various tasks, including emergency rescue operations, tourism, and air ambulance services.


Helicopter Application Insights


The Helicopter market data has been bifurcated by Application into Civil & Commercial, and Military. The Military segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Many nations have increased their defense spending to enhance border security and buy cutting-edge equipment. This might contribute to the military rotorcraft industry's success in the ensuing years. Military rotorcraft is sometimes used due to advances in aviation technology, the need to replace older rotorcraft or the recent rise in disasters.


Helicopter Point of Sale Insights


Point of Sale has bifurcated the Helicopter market data into OEM and Aftermarket. The Military segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Major OEM players have a high demand for aftermarket systems and components. The market is growing because of initiatives to replace traditional parts with cutting-edge software and subsystems.


The OEM market is expected to expand significantly between 2022 and 2029. The OEM segment is expanding faster due to the rising demand for technologically advanced AI and IoT-based helicopters for military and commercial applications.


Helicopter Regional Insights


By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North America Helicopter market accounted for USD 14.885 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The highest defense spending, military modernization initiatives, and numerous U.S. purchases of cutting-edge, lightweight helicopters are all credited with the growth of the U.S. Army. Additionally, market expansion in the region is fueled by companies like Boeing Company, Bell Textron, Lockheed Martin Corporation, and others.


Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 3 HELICOPTER MARKET SHARE BY REGION 2022 (%)


HELICOPTER MARKET SHARE BY REGION 2022


Source Secondary Research, Primary Research, MRFR Database and Analyst Review


Europe's Helicopter market accounts for the second-largest market share due to increased U.S. defense spending. K. Germany, Russia, and other nations in Europe. The high accuracy and dependability standards of Russian and European-made aircraft on military platforms for combat and surveillance applications have earned them widespread respect. The presence of OEMs like Airbus, Leonardo Spa, and United Aircraft Corporation fuels the market’s growth. Further, the Germany Helicopter market held the largest market share, and the UK Helicopter market was the fastest-growing market in the European region.


The Asia-Pacific Helicopter Market is expected to grow at the fastest CAGR from 2022 to 2030. Defense spending growth in emerging economies like China and India is blamed for the growth. The market growth is anticipated to be boosted by the increased fleet size and the purchase of more sophisticated helicopters. Furthermore, the market's expansion is fueled by important players and OEMs like Hindustan Aeronautics Limited (HAL), Kawasaki Industries, and others. Moreover, China’s Helicopter market held the largest market share, and the India Helicopter market was the fastest-growing market in the Asia-Pacific region.


Helicopter Key Market Players & Competitive Insights


Major market players are spending a lot on R&D to increase their product lines, which will help the Helicopter market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Helicopter industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.


One of the primary business strategies manufacturers adopt in the Helicopter industry to benefit clients and expand the market sector is manufacturing locally to reduce operating costs. In recent years, the Helicopter industry has provided medicine with some of the most significant benefits. In the Helicopter market, major players such as Boeing (US), Aviation Industry Corporation of China (China), JSC (Russia), and others are working on expanding the market demand by investing in research and development activities.


Boeing (US) For clients in more than 150 countries, Boeing, a leading aerospace company, develops, produces, and services commercial aircraft, defense products, and space systems. A leading U. S. To advance economic opportunity, sustainability, and community impact, the exporter uses the skills of a diverse supplier base. The diverse team at Boeing is dedicated to leading with sustainability, innovating for the future, and fostering a culture built on the company's core values of integrity, quality, and safety.


Also, JSC (Russia) Includes engineering and industrial divisions; Russian Machine is a Russian conglomerate. The company currently runs 27 facilities in 12 different Russian regions, producing mechanical engineering goods like automobiles, auto parts, rail cars, aircraft, farm and construction equipment, and other products.


Key Companies in the Helicopter market include.



  • Boeing (US)

  • Aviation Industry Corporation of China (China)

  • Russian Helicopters

  • JSC (Russia)

  • Robinson Helicopter Company (US)

  • MD Helicopters,Inc. (US)

  • Lockheed Martin Corporation (US)

  • Leonardo SpA (Italy)

  • Korea Aerospace Industries,Ltd. (South Korea)

  • Enstrom Helicopter Corporation (US)

  • Hindustan Aeronautics Limited (India)

  • Textron Inc. (US)

  • Airbus SAS (Netherlands)


Helicopter Market Segmentation


Helicopter Component & System Outlook



  • Airframe

  • Engine


Helicopter Type Outlook



  • Military and Civil

  • Commercial


Helicopter Application Outlook



  • Civil & Commercial

  • Military


Helicopter Point of Sale Outlook



  • OEM

  • Aftermarket


Helicopter Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America




Helicopter Industry Developments


For instance, November 2021 A Safran Makila 2 helicopter powered by 100% Sustainable Aviation Fuel (SAF) took to the air. Sustainable aviation fuel significantly reduces carbon dioxide emissions compared to conventional jet fuel by 90%.


For instance, June 2021 The Indian Coast Guard will be able to handle difficult tasks thanks to the ALH MK-III Helicopters that HAL produced with cutting-edge sensors. These planes are based in Kochi, Chennai, Porbandar, and Bhubaneshwar.


For instance, June 2021 The U. K. Purchasing 14 extended-range Chinook heavy lift rotorcraft cost the Royal Air Force (9RAF) USD 578 million under a contract with Boeing.



Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 32.5 billion
Market Size 2023 USD 33.54billion
Market Size 2030 USD 40.51 billion
Compound Annual Growth Rate (CAGR) 3.20% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2018 - 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Component & System, Type, Application, Point of Sale, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Boeing (US), Aviation Industry Corporation of China (China), JSC (Russia), Lockheed Martin Corporation (US), Leonardo SpA (Italy), Korea Aerospace Industries Ltd. (South Korea), Enstrom Helicopter Corporation (US), Hindustan Aeronautics Limited (India)
Key Market Opportunities 路聽聽聽聽聽聽聽聽 The alliance between helicopter operators and manufacturers, developing the aftermarket for helicopters.
Key Market Dynamics 路聽聽聽聽聽聽聽聽 There is a rising need for lightweight helicopters and helicopters for emergency medical services. 路聽聽聽聽聽聽聽聽 Rising Helicopter Demand in Developing Nations. 路聽聽聽聽聽聽聽聽 Increasing Helicopter Tourism. 路聽聽聽聽聽聽聽聽 The replacement of outdated helicopters.


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Frequently Asked Questions (FAQ) :

The Helicopter market size was valued at USD 1.93 Billion in 2022.

The market is projected to grow at a CAGR of 4.7% during the forecast period 2022-2030.

North America had the largest share of the market.

The key players in the market are Medtronic Inc (Ireland), Abbott Laboratories (US), Stryker Corporation (US), DePuy Synthes (US), and B. Braun Melsungen AG (Germany).

The anterior Helicopter category dominated the market in 2022.

Minimally invasive spine surgery had the largest share of the market.