Helicopter market size to reach $68.4 billion by 2026

Global helicopter market size

$48.2 billion

2018

$68.4 billion

2026

4.5%

Compound annual growth rate (CAGR)

$18.64 billion

North American helicopter market size 2018

Growth drivers

Emergency medical services/air ambulances

Aftermarket systems, component modernization

Military/homeland defense

Law enforcement/search and rescue

Tourism

Intercity connectivity

Oil/gas industry

Trends

Hybrid-electric propulsion

Autonomous technology

            • Artificial intelligence (AI)

            • Data analytics

            • Internet of Things (IoT)

Electro-optical/infrared systems

Electronic flight instruments

Flight vision systems

Key manufacturers

• Airbus SAS

• Bell Flight Textron

• Boeing Co.

• Hindustan Aeronautics Limited (HAL)

• Kawasaki Heavy Industries Ltd.

• Korea Aerospace Industries Ltd.

• Leonardo SPA

• Lockheed Martin Corp.

• MD Helicopters Inc.

• Robinson Helicopter Co.

• Russian Helicopters JSC

Source: https://www.fortunebusinessinsights.com