GLOBAL HELICOPTERS MARKET FORECAST AND OPPORTUNITIES, 2019

Global Helicopters Market Forecast and Opportunities, 2019

Global helicopters market has exhibited growth in revenues over the last few years. The market is primarily divided into two segments- civil helicopters & defense helicopters, wherein 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. Russia & CIS helicopter market is currently dominated by defense helicopter segment, which is expected to maintain its dominance over the next five years. The market share of this region is expected to rise due to increase in defense spending and Russian government plans for helicopter fleet up-gradation. On the other hand, North America and Europe are witnessing a decline in growth rate in helicopter market, owing to defense budget cuts, as a result of which their respective shares in the market are expected to fall. Backed by rapidly growing demand for commercial and defense helicopters in countries like China, India, Japan and Indonesia, Asia-Pacific emerged as the most prominent market for helicopters in 2013.

According to “Global Helicopters Market Forecast & Opportunities, 2019”, global helicopter market is expected to witness a CAGR of around 5% during 2014-19. Despite having a considerably smaller share in global helicopter market, Latin America is expected to witness fastest growth among all other regions over the next five years, and therefore, Latin America is considered as the most promising market among global helicopter manufacturers. Bell Helicopters, Airbus Helicopters, Russian Helicopters, Agusta West land, Boeing, NH Industries, Kaman Corporation, Robinson Helicopters and Hindustan Aeronautical are some of the prominent players operating in global helicopter market, with market being dominated by Bell Helicopters.

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