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Helicopter Market Share, Regional Analysis and Manufacturing Industry Insights 2020

Aashi Kohli
Helicopter Market Share, Regional Analysis and Manufacturing Industry Insights 2020

The whole world is fighting with this health crisis caused by the coronavirus. The authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such strategies have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

The global helicopter market size is expected to reach USD 68.34 billion by 2027, exhibiting a CAGR of 6.96% during the forecast period. 

The surge in transnational disputes among numerous countries has led the reinforcement of security systems, monitoring methods, and combat techniques in the military division, which, in turn, will spur opportunities for the market.

The report helicopter market encompasses:

  • Latest Industry Trends
  • Frequent strategies implemented by competitors
  • Global records and market figures
  • Leading region in terms of revenue and share

The market size in North America stood at USD 14.41 billion in 2019 and is expected to witness a high growth rate in the forthcoming years. The growth of the region is attributed to the presence of major players in the market. The surge in the defense budget by the U.S. government for the modernization of military helicopters will contribute positively to the growth of the market. 

Key Development:

June 2020: Lockheed Martin Corporation signed a contract with the Indian Navy worth USD 375 million. The contract will include the customization of the hardware and software in 24 Sikorsky MH-60R anti-submarine warfare helicopters.

Key Players:

  • Airbus SAS (Leiden, the Netherlands)
  • Bell Helicopter Textron (Texas, the U.S.)
  • The Boeing Company (Illinois, United States)
  • Leonardo Spa (Rome, Italy)
  • Lockheed Martin Corporation (Maryland, United States)
  • Russian Helicopters, LSC (Moscow, Russia)
  • Kawasaki Heavy Industries (Tokyo, Japan)
  • MD Helicopters, Inc. (Arizona, United States)
  • Korean Aerospace Industries, Ltd. (Sachsen, South Korea)
  • Hindustan Aeronautics Limited (Bangalore, India)
  • Robinson Helicopter Company (California, United States)
  • Other Players

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Aashi Kohli
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