The Business Research Company’s Commercial Helicopters Global Market Report 2021: COVID-19 Impact and Recovery to 2030
LONDON, GREATER LONDON, UK, March 8, 2021 /EINPresswire.com/ — Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
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Rising usage of helicopters in emergency medical services (EMS), search and rescue (SAR), and firefighting operations are expected to drive the growth of the commercial helicopter market. Air EMS creates a significant part of the medical transport system that assists in shuttling patients, equipment, supplies, and medical personnel throughout the medical network for time-critical emergency transport as well as long-distance scheduled transfers. According to MIT International Center for Air Transportation (ICAT), in 2018, air ambulances transport approximately 400,000 patients by rotary-wing and 150,000 by fixed-wing aircraft each year in the USA, compared to 36 million transports by ground. Thus, the ever-increasing helicopters in EMS is one of the key drivers for the growth of the commercial helicopters market.
The helicopters market segments by type are light-weight commercial helicopter, medium-weight commercial helicopter, heavy-weight commercial helicopter, by number of engines are single-engine, multi-engine, and by application are oil and gas, transport, medical services, law enforcement and public safety, others.
The global commercial helicopters market size is expected to grow from $24.74 billion in 2020 to $26.94 billion in 2021 at a compound annual growth rate (CAGR) of 8.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $31.94 billion in 2025 at a CAGR of 4.3%.
The major players covered in TBRC’s helicopter industry report are Airbus Helicopter, Bell Helicopter, Leonardo, Lockheed Martin Corporation, Russian Helicopters, MD Helicopters Inc., Robinson Helicopter Company, Kaman Corporation, Boeing, Korea Aerospace Industries Ltd, Sikorsky Aircraft Corporation, Textron Inc., Enstrom Helicopter Corp., Kawasaki Heavy Industries Ltd.
Commercial Helicopters Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides commercial helicopters market overview, forecast commercial helicopters market size and growth for the whole market, commercial helicopters market segments, and geographies, commercial helicopters market trends, commercial helicopters market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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