Helicopter market size to reach $68.4 billion by 2026

Lightweight helicopters lift growth

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

January February 2020
Explore the January February 2020 Issue

Check out more from this issue and find your next story to read.

No more results found.
No more results found.