Market Overview:
The global passenger transport helicopter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for helicopters for travel, rescue, medical and military applications. Additionally, the growing demand for helicopters in emerging economies is also contributing to the growth of this market. However, factors such as high maintenance and operational costs are restraining the growth of this market. Based on type, single rotor helicopters accounted for a majority share of the global passenger transport helicopter market in 2017. This segment is expected to continue its dominance during the forecast period due to their low cost and easy operability as compared with other types of helicopters such as birotor or tandem rotor helicopters.
Product Definition:
A passenger transport helicopter is a type of rotorcraft that is used to transport passengers, as opposed to cargo. These helicopters are typically designed for short-haul flights, and can carry anywhere from four to twelve passengers. They are often used for emergency medical evacuations, as well as in search and rescue operations.
Single Rotor:
Single rotor helicopters are the simplest type of helicopter. It has one main rotary blade, which is driven by a single transmission. The design offers low weight and simple maintenance requirements, however it suffers from lower efficiency as compared to multi-rotor helicopters in terms of fuel consumption and speed.
Birotor:
Birotor is a device used to steer the helicopter by using the rotary blades. It's working principle is very simple, as it uses centrifugal force caused due to spinning of helicopters main rotor. The brio toroidal gyroscope mounted on board helps in providing accurate direction finding and maintaining stability of helicopter during flight by keeping the nose of helicopter pointed in desired direction.
Application Insights:
The travel application segment held the largest share of over 70.0% in 2017. The demand for passenger transport helicopters has been growing steadily due to increasing tourism and business activities in developing countries such as India, China, Thailand and Indonesia. In addition, the use of helicopters for inter-state transportation is also on a rise owing to improved road connectivity between states. For instance, AgustaWestland AW109 is used by various operators for inter-state travel within India while Sikorski S-76Ci is preferred by many operators for intra-state travels within Indian state of Himachal Pradesh.
Rising importance of rescue operations coupled with high availability has been driving the growth in military applications across various regions including North America and Europe since past few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 60% in 2017 owing to increasing demand from countries such as India, China, Japan, and Australia. Increasing travel by tourists has led to an increase in demand for passenger transport helicopters.
Europe was estimated at USD X million in 2017 and is anticipated to grow at a significant rate over the forecast period owing her geographical location with respect high aviation standards coupled with growing tourism industry which requires better connectivity through helicopter flights thereby driving growth of this segment.
Growth Factors:
- Increasing demand for air travel: The global passenger traffic has been increasing at a steady pace in the past few years and is expected to grow further in the coming years, driven by factors such as rising income levels, globalization, and urbanization. This is expected to result in an increase in demand for air transport services, including helicopter services.
- Growing popularity of tourism: The tourism industry has been growing rapidly in recent years and is expected to continue to grow at a healthy pace in the coming years. This will lead to an increase in demand for helicopter services for tourist transportation needs.
- Expansion of infrastructure development projects: A large number of infrastructure development projects are underway or planned across the world, which will require significant amounts of passenger transport helicopters for personnel and equipment transportation needs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Transport Helicopter Market Research Report
By Type
Single Rotor, Birotor
By Application
Travel, Rescue, Medical, Military, Other
By Companies
Leonardo, Bell Helicopter, United Aircraft Corporation, Airbus, Atlas Aircraft Corporation, Lockheed Martin, Hindustan Aeronautics Limited, Changhe Aircraft Industries Corporation, Harbin Aircraft Industry Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Transport Helicopter Market Report Segments:
The global Passenger Transport Helicopter market is segmented on the basis of:
Types
Single Rotor, Birotor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Travel, Rescue, Medical, Military, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Leonardo
- Bell Helicopter
- United Aircraft Corporation
- Airbus
- Atlas Aircraft Corporation
- Lockheed Martin
- Hindustan Aeronautics Limited
- Changhe Aircraft Industries Corporation
- Harbin Aircraft Industry Group
Highlights of The Passenger Transport Helicopter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Rotor
- Birotor
- By Application:
- Travel
- Rescue
- Medical
- Military
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Passenger Transport Helicopter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A passenger transport helicopter is a type of rotorcraft that is used to transport passengers, either on fixed-wing or rotary-wing aircraft.
Some of the major companies in the passenger transport helicopter market are Leonardo, Bell Helicopter, United Aircraft Corporation, Airbus, Atlas Aircraft Corporation, Lockheed Martin, Hindustan Aeronautics Limited, Changhe Aircraft Industries Corporation, Harbin Aircraft Industry Group.
The passenger transport helicopter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger Transport Helicopter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Passenger Transport Helicopter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Transport Helicopter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Passenger Transport Helicopter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Passenger Transport Helicopter Market Size & Forecast, 2020-2028
4.5.1 Passenger Transport Helicopter Market Size and Y-o-Y Growth
4.5.2 Passenger Transport Helicopter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Rotor
5.2.2 Birotor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Travel
6.2.2 Rescue
6.2.3 Medical
6.2.4 Military
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Transport Helicopter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passenger Transport Helicopter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Rotor
9.6.2 Birotor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Travel
9.10.2 Rescue
9.10.3 Medical
9.10.4 Military
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Rotor
10.6.2 Birotor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Travel
10.10.2 Rescue
10.10.3 Medical
10.10.4 Military
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Rotor
11.6.2 Birotor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Travel
11.10.2 Rescue
11.10.3 Medical
11.10.4 Military
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Rotor
12.6.2 Birotor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Travel
12.10.2 Rescue
12.10.3 Medical
12.10.4 Military
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Rotor
13.6.2 Birotor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Travel
13.10.2 Rescue
13.10.3 Medical
13.10.4 Military
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passenger Transport Helicopter Market: Competitive Dashboard
14.2 Global Passenger Transport Helicopter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Leonardo
14.3.2 Bell Helicopter
14.3.3 United Aircraft Corporation
14.3.4 Airbus
14.3.5 Atlas Aircraft Corporation
14.3.6 Lockheed Martin
14.3.7 Hindustan Aeronautics Limited
14.3.8 Changhe Aircraft Industries Corporation
14.3.9 Harbin Aircraft Industry Group
