The versatility of civil helicopters are in compliance with government policies that boost demand for civil helicopters worldwide. Demand for technologically advanced helicopters are substantially rising due to its own advantages such as low fly and search and rescue etc. Companies operating in emergency and hospital services are demanding more civil helicopters in the market. It has been an estimated delivery of 4000 civil helicopter markets during the forecast period. Developed nations having good economic conditions is also one of the factors that are increasing the demand for civil helicopters in various fields.
It has been observed there is an increased rate of natural disasters worldwide in recent time, as a result the civil helicopters are playing prominent roles in these civil operations of rescue. Civil helicopters are also utilized highly to achieve compliance with law enforcement, transportation and medical services encouraging the need for civil helicopters. Construction and infrastructure facilities development is in surge due to which there is also an increase in civil helicopter utilization. Crashes of prototype helicopters caused little restraint in the demand of the civil helicopter market.
The global civil helicopter market is anticipated to record a CAGR of around 4.1% over the forecast period i.e. 2018-2025.
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Single-engine helicopters segment demand is in plunge during 2028-2025:
Single-engine helicopters are capable enough to fly low with fuel-efficient systems. Thus, civil services are demanding civil helicopters to cater to various activities of the region. Civil helicopters are also being used in the demanding climatic conditions and situations which suit the requirement and have a substantial importance in such situations. This segment is observed to be having a significant amount of usage in power line inspection and flooded areas enabling officials to take decisions and cater to the requirements accordingly.
North America a leading consumer of civil helicopters during 2018-2025:
The civil helicopter market in North America has been observed to be significant because of government initiatives and policies that are in compliance with the requirement. The Civil Helicopter market is plunging in North America due to increased infrastructure and adverse climatic conditions along with disasters. The market is projected to be having a CAGR of 4.14 % during the forecast period. Considerable investments are being made in the civil helicopter market to increase efficiency and support systems during adverse conditions as well as civil monitoring and control activities. Helicopter services are substantial by this segment due to the high viability during the night times as well as bad weather conditions.
Airbus Helicopters SAS is one of the prominent players in the civil helicopters industry offering a wide range of helicopters. The company has generated a revenue of 5.9 billion in the year 2018 and is consistent in its growth rate for civil helicopters. The organization is headquartered in France having a significant market share in civil helicopter market offerings.
Key players competing with Airbus Helicopter SAS are constituting of companies as follows: Aviation Industry Corporation of China (AVIC), Bell Helicopter Textron Inc., Enstrom Helicopter Corporation, Leonardo S.p.A., Kawasaki Heavy Industries Ltd., Korea Aerospace Industries Ltd., MD Helicopters Inc., Robinson Helicopter Company, Russian Helicopters JSC., Sikorsky Aircraft Corporation among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision-makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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