Market Segmentation
The increasing prosperity and growth in austerity-driven privatization across the developed countries are driving the demand for air ambulance services globally. Businessmen and women travelers are demanding promises for air ambulance during their international travel. Insurance companies are addressing this demand by adding air ambulance to their list of services. Due to the rising investment in Emergency Medical Services (EMS) and improving commercial aviation infrastructure, developing economies are expected to witness significant demand for civil helicopters. The evolution in helicopter tourism is expected to offer significant opportunities for growth of commercial rotorcraft. The increasing affordability for air travel has led to rising demand for helicopter tourism. Helicopters can take-off and land on most of the terrains, which enables the passengers to travel to difficult-to-reach locations.
Companies such as Waypoint Leasing Ireland LTD., Milestone Aviation Group, Lease Corporation International Limited, Lobo Leasing and Macquarie Group Limited, are increasingly promoting operational lease. In such leases, the lessor retains the ownership of the helicopter, which in turn is expected to open new possibilities for the operators to expand their fleet. These companies are increasingly purchasing new rotorcrafts to address the untapped market potential and expand their fleet size. For instance, in June 2020, the French government has provided Airbus funds to create a low-emission hybrid-engine replacement for its finest H125 Ecurueil light-single and orders for 20 rotorcrafts from its current line, including 2 H145, 10 H160, and 8 H225M helicopters. These factors are expected to help in the expansion of the commercial helicopter leasing market.
With the increasing demand for private helicopters, the number of complaint about the emissions and noise levels are also increasing. These issues followed by stringent airspace regulations, are expected to affect the commercial helicopter industry negatively. Increasing noise complaints have resulted in the creation of restricted altitudes and routings, which in turn reduces the overall airspace available for commercial helicopter operators. The regional and country-level infrastructure challenges and the emergence of autonomous vehicles are also expected to restrain the growth of the commercial helicopter industry over the forecast period. Some regions lack sufficient approved landing sites and helipads to enable convenient helicopter operations in compliance with several airspace regulatory obligations.
This section will provide insights into the contents included in this commercial helicopter market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance