Helicopter Services Market – Trends Forecast Till 2030

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Helicopter Services Market Trends Forecast Till
2030
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Helicopter Services Market Trends Forecast Till
2030
Global Helicopter Services Market By Type (Light
Weight, Medium Weight, Heavy Weight) By
Application (Offshore Helicopter, Air Ambulance,
Business/Corporate Travel, Others), and by region
(North America, Europe, Asia-Pacific, Middle East
and Africa and South America). The global
Helicopter Services Market size is projected to
reach a CAGR of 13.9 from 2023-2030. Air Methods
Corporation, Alpine Helicopters Inc., Bristow
Helicopters Limited, Carson Helicopters Inc.,
Erickson Incorporated, Gulf Helicopters and Heli
Air Limited are the major players operating in
Helicopter Services Market.
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-services-market-trends-forecast-till-2030
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Market Overview
Increasing use of helicopters in Search and
Rescue (SAR), Emergency Medical Services (EMS),
and usage in law enforcement, public safety, and
firefighting operations are expected to propel
the growth of the helicopter services market.
Factors such as the rising smart projects in the
United States, India, Singapore, and China,
increasing government initiatives to improve
medical services and facilities, and rising
investment by private hospitals in infrastructure
development create a massive demand for
helicopter services globally. The adventure
tourism sector has been flourishing for many
years now, and helicopter service providers are
increasingly utilizing the capabilities offered
by these aircraft to ensure a thoroughly engaging
experience for tourists. The growing application
of helicopters in commercial and military
activities, coupled with the ability of the
aircraft to operate in a harsh environment, has
been augmenting the market demand. The widespread
adoption of the Internet of Things (IoT),
artificial intelligence, and real-time data in
helicopter services to improve safety and aid
pilots in making flight decisions is further
fuelling the market expansion. Additionally, the
development of highly autonomous and lightweight
helicopters that provide dependable, quicker, and
user-friendly technology positively impacts
global market growth.
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Market Overview
On the other hand, the helicopter services
industry has been witnessing a greater threat of
substitution in some applications since the last
decade. Drones are slowly substituting
helicopters in various roles due to their cheaper
cost of operation and reduction of risk to
humans. Drones are now performing tasks like land
surveys, inspections, aerial observation,
monitoring, photography, videography etc,
quickly, and close to the ground, delivering
high-resolution data in a short
timeframe. Economic downturns and global
pandemics can lead to reduced investments,
changes in government spending levels, reduced
customers' and suppliers' access to credit,
hamper consumer confidence, and increased buyers'
propensity for cheaper substitutes in specific
applications. This was evident in the last two
years when the world witnessed the impact of the
COVID-19 pandemic, which has increased economic
constraints, reduced travel and tourism
activities, and decreased industrial output.
Consequently, the demand for helicopter services
from the associated sectors has also declined.
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Market Segmentation

• Helicopter Services Market is segmented into
  various segments such as type, applications, and
  region
• On the basis of application
• Offshore Helicopter
• Air Ambulance
• Business/Corporate Travel
• Disaster and Humanitarian Aid
• Leisure Charter
• Transport
• Media and Entertainment
• Surveying
• Others

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Market Segmentation

• On the basis of end use 
• Commercial
• Residential
• Oil gas and mining
• Transportation and logistics
• Telecommunication
• Manufacturing
• Others.

• On the basis of region
• Asia Pacific
• North America
• Europe
• South America
• Middle East Africa

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Competitive Landscape

• Air Methods Corporation
• Alpine Helicopters Inc.
• Bristow Helicopters Limited
• Carson Helicopters Inc.
• Erickson Incorporated
• Gulf Helicopters
• Heli Air Limited

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Recent Developments

• In January 2022, Bristow Group announced that it
  was awarded a major 10-year government search and
  rescue helicopter service contract, by the
  Netherlands Coastguard, with a dedicated fleet of
  AW189 helicopters stationed at the Den Helder and
  Midden Zeeland Airports in the country. 
• In Sept 2021, CHC Helicopter announced that it
  had completed the acquisition of Babcock
  International's Offshore Operations, including
  oil and gas aviation. The acquisition reinforces
  CC's global position and increases its offshore
  crew transportation capacity and expands its
  fleet by around 30 aircraft across the UK,
  Denmark, and Australia.

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Contact Information
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