By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North America helicopters market accounted for ~32.50% in 2022. Many operators in the US are looking to expand the scope of application of helicopters, which makes them a higher contributor in the North American market as compared to Canada. In North America, the helicopters are used for various applications, such as charter services, aerial tours, and search and rescue missions. Charter services are increasingly gaining popularity, with operators providing various services to promote tourism and air travel.
Furthermore, emergency medical services through helicopter operations are proving to be effective in the US and Canada, for ensuring a quick emergency response. Many operators are also focusing on offering tours and aerial photography along with utility and offshore transport services.
Figure2: Global Helicopters Market, by Region, 2022 & 2032 (USD Million)
Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review
Further, the major countries studied in the market report are the US, Canada, UK, Germany, France, Italy, Russia, China, Japan, India, Australia, South Korea, Saudi Arabia, UAE, Israel, and Brazil.
Europe Helicopters market accounts for the second-largest market share. In Europe, developments such as the increasing investment in air ambulance services and military modernization programs, are supporting the growth of helicopters market in the region. There is an ever-growing demand for helicopters in medical and rescue & law enforcement applications. The requirement for charter air services across Europe is also increasing. The increasing traffic congestion in Europe is promoting air travel through helicopters, which is driving the market.
Also, many European cities, such as London and Paris, are top tourist destinations in the world where helicopter tours, sightseeing, and aerial photography are becoming highly popular.
Asia-Pacific helicopters market is expected to register the fastest growth among countries, such as China, India, and South Korea, that are heavily investing in military and boosting tourism in the region. Emergency Medical Services (EMS) operations are also gaining importance in countries, such as India, where the market for medical tourism is developing very fast. Fast transport, the ability to access remote areas, and increasing affordability are the primary reasons for the development of the civil helicopter market in the region.
In China, the government funding and decreasing stringency in airspace restrictions are expected to support the adoption of helicopters for air medical and rescue operations. Regions such as Shandong are launching a comprehensive road traffic accident and emergency rescue helicopter service system. In India, another major market, the government initiatives, such as ‘Make in India’, are encouraging helicopter manufacturers to set up operations in the country and increase their presence in the region.
The Middle East & Africa region has been witnessing phenomenal growth in the economy. The major factor is the growth of the tourism industry in the region. Over the years, there has been a high demand for helicopters for emergency medical services, law enforcement operations, oil and gas transportation, and promotion of tourism in the region, which is simultaneously driving the regional market.
The helicopters market is witnessing a fast growth in the South America region. In countries such as Brazil, offshore transportation to and from oil and gas sites is widespread and operators are expanding into the tour and sightseeing operations. Also, emergency medical service operations and the ability of helicopters to be used in construction and cargo transport and utility work are driving the market for civil helicopters. It is expected that helicopters would play a critical role in many areas of applications, including public transportation.
