Commercial Helicopters Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Commercial Helicopters Market is segmented by Maximum Take-off Weight (Light Helicopters, Medium Helicopters, Heavy Helicopters), Number of Engines (Single-engine, Multi-engine), End-user (Commercial, Private, Other Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The report offers market size and forecasts for all the above segments in value (USD million).

Market Snapshot

commercial helicopter market over
Study Period: 2018-2027
Base Year: 2021
Fastest Growing Market: Asia-Pacific
Largest Market: Europe
CAGR: >6 %

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Market Overview

The Commercial Helicopters Market is anticipated to register a CAGR of more than 6% during the forecast period (2022-2027).

The COVID-19 pandemic has led to increased economic constraints, reduced travel and tourism activities, and decreased industrial output. Several commercial end users have faced losses and witnessed a decline in helicopter flight activity in 2020. The pandemic also led to supply chain disruptions in the aviation sector, which led to a significant decrease in deliveries. However, the helicopter fleet activity increased significantly in 2021.

The increase in the usage of helicopters in various end-user sectors, like tourism, medical and emergency rescue services, transportation, and offshore helicopter services, among others, has fuelled the demand for commercial helicopters.

The replacement of aging commercial helicopters along with the development of new models of helicopters by the key market players with advanced technologies like electric-hybrid propulsion is expected to propel the growth for helicopters in the coming years.

The drones are slowly substituting helicopters in various roles in the commercial sector due to their cheaper cost of operation and reduction of risk to humans. This factor is reducing the use of helicopters in certain applications in the industry, thereby restraining the market growth.

Scope of the Report

The market includes the analysis of the developments and procurement of new helicopters used in the civil and commercial sectors. Major users of commercial helicopters are from the oil and gas, tourism, charter, entertainment and photography/videography, helicopter medical emergency services, cargo transport, and firefighting service-providing industries. 

The market is segmented by maximum take-off weight to light helicopters, medium helicopters, and heavy helicopters. The market is also segmented based on the number of engines into single-engine and multi-engine. The market is also segmented based on end-user into commercial, private, and other users. Helicopters owned by individuals and businesses and are used for personal travel as well as for VIP/employee/emergency transport purposes are considered under the private helicopter segment. The others segment includes the use of helicopters by the government agencies and departments, law enforcement agencies, and military VIP transport.

The report provides the market size and forecasts for all the major countries in North America, Europe, Asia-Pacific, Latin America, and the Middle-East and Africa. The profiles of major players in the market are also covered along with their market shares. The market size and forecast are provided by value (USD million).

Maximum Take-off Weight
Light Helicopters
Medium Helicopters
Heavy Helicopters
Number of Engines
Single-engine
Multi-engine
End-user
Commercial
Private
Other Users
Geography
North America
United States
Maximum Take-off Weight
Number of Engines
Canada
Maximum Take-off Weight
Number of Engines
Europe
United Kingdom
Maximum Take-off Weight
Number of Engines
France
Maximum Take-off Weight
Number of Engines
Germany
Maximum Take-off Weight
Number of Engines
Russia
Maximum Take-off Weight
Number of Engines
Rest of Europe
Maximum Take-off Weight
Number of Engines
Asia-Pacific
China
Maximum Take-off Weight
Number of Engines
India
Maximum Take-off Weight
Number of Engines
Japan
Maximum Take-off Weight
Number of Engines
South Korea
Maximum Take-off Weight
Number of Engines
Rest of Asia-Pacific
Maximum Take-off Weight
Number of Engines
Latin America
Brazil
Maximum Take-off Weight
Number of Engines
Colombia
Maximum Take-off Weight
Number of Engines
Rest of Latin America
Maximum Take-off Weight
Number of Engines
Middle-East and Africa
Saudi Arabia
Maximum Take-off Weight
Number of Engines
United Arab Emirates
Maximum Take-off Weight
Number of Engines
Turkey
Maximum Take-off Weight
Number of Engines
South Africa
Maximum Take-off Weight
Number of Engines
Rest of Middle-East and Africa
Maximum Take-off Weight
Number of Engines

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Key Market Trends

The Light Helicopters Segment Witnessed Highest Number of Deliveries in 2021

The light helicopters segment witnessed the highest number of deliveries in 2021 due to their ability to hover, land and take off in a vertical position, and get in and out of confined spaces. Currently, Airbus Helicopters, Bell, and Robinson Helicopters dominate the market in terms of new deliveries in commercial applications. H125 one of the oldest and most selling helicopters of Airbus has recently been upgraded. While the maximum take-off weight of the aircraft remains unchanged (about 2.5 tons), its external and internal load-lifting capabilities are increased for a large part of the flight domain (by up to +140 kg), while the hover ceiling OGE at maximum take-off weight is increased by more than 1,500 ft (up to 12,600 ft). In April 2021, Airbus Helicopters received EASA certification for the power upgrade of its single-engine H125 helicopter. With the latest upgrade to H125, Airbus Helicopters is targeting the utility market. In addition to OEMs, helicopter operators are investing in the procurement of new light helicopters to enhance operational efficiency. For instance, Polk County Sheriff’s Office (PCSO) in Florida (United States) received an R66 Police Helicopter from Robinson Helicopter Company equipped with Wescam MX-10 EO/IR imaging system and an HD infrared sensor. Such orders are anticipated to drive the growth of this segment in the market during the forecast period.

commercial helicopters market segmentation

Europe Region held the Highest Share by Revenue in 2021

The European region currently dominates the market and is expected to continue its dominance during the forecast period, primarily due to the growing demand for new helicopters by the helicopter operators to modernize their existing aging fleet. In 2021, the European region received 167 units of helicopters, out of which 66% were light helicopters, followed by medium- and heavy helicopters, which accounted for 23% and 11%, respectively. Currently, the overall helicopter fleet in the region has an age of over 18 years, and about more than 50% of the existing operational fleet has an age of more than 26 years. To maintain an air-worthy fleet, the operators in the region are robustly investing in the procurement of new and advanced helicopters. For instance, as of May 2021, Yorkshire Air Ambulance (YAA) was planning to replace its current fleet of Airbus H145 D2 helicopters by 2023 with the latest variants that feature major design changes. Similarly, in June 2020, Airbus was awarded funding from the French Government to develop a low-emission hybrid-engine successor to its best-selling H125 Ecurueil light-single, plus orders for 20 rotorcraft from its current range, including two H145, 10 H160, and eight H225M helicopters. The hybrid variant of H125 is expected to reduce 40% of the fuel consumption and is expected to enter service by 2029. Such procurement and replacement plans are anticipated to accelerate the growth of the commercial helicopter market in the region.

commercial helicopters market geography

Competitive Landscape

The prominent players in the market of commercial helicopters are Airbus SE, Robinson Helicopter Company, Textron Inc., Leonardo S.p.A., and Russian Helicopters (Rostec). The key players are investing in R&D for manufacturing new types of helicopters integrated with new technologies. For instance, Robinson Helicopter added the TB17 Lithium-ion battery to its R44 options. TB17 by True Blue Power, a division of Mid-Continent Instrument, offers substantial weight savings, improved starter performance, and longer life. The new option of helicopter weighs approximately 46% less than the R44’s standard 29.5-pound battery. It is now offered on new helicopters for USD 7,300. With such new and advanced helicopter concepts taking shape in the coming years, the competition in the market is expected to be tough. In addition to new product development and options, the partnerships of helicopter OEMs with aircraft/helicopters operators to deliver new-generation rotorcraft are anticipated to support their growth. In this regard, in October 2021, Global Medical Response (GMR) placed an order for 21 Airbus helicopters including the H125, H130, and H135 family of helicopters with an option for up to an additional 23 helicopters for air medical services. Such contracts are anticipated to help the helicopter OEMs increase their geographic presence in the coming years.

Recent Development

  • In July 2021, MD Helicopters Inc. signed new contracts with Unitech Composites and ACT Aerospace to improve production and spare parts availability for the MD 902, MD 520N, and MD 600N aircraft.
  • In April 2021, Airbus announced that the New Zealand VIP and charter operator, Advanced Flight became the launch customer for the new Airbus ACH145 with five rotor-blades, has taken delivery of the first five-bladed ACH145 helicopter.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of Study

    3. 1.3 Currency Conversion Rates for USD

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Size and Forecast, Global, 2018 - 2027

    2. 3.2 Market Share by Maximum Take-off Weight, 2021

    3. 3.3 Market Share by Number of Engines, 2021

    4. 3.4 Market Share by End-user, 2021

    5. 3.5 Market Share by Region, 2021

    6. 3.6 Structure of the Market and Key Participants

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Technology Trends

    4. 4.4 Market Restraints

    5. 4.5 Porter's Five Forces Analysis

      1. 4.5.1 Bargaining Power of Buyers/Consumers

      2. 4.5.2 Bargaining Power of Suppliers

      3. 4.5.3 Threat of New Entrants

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size and Forecast by Value - USD million, 2018 - 2027)

    1. 5.1 Maximum Take-off Weight

      1. 5.1.1 Light Helicopters

      2. 5.1.2 Medium Helicopters

      3. 5.1.3 Heavy Helicopters

    2. 5.2 Number of Engines

      1. 5.2.1 Single-engine

      2. 5.2.2 Multi-engine

    3. 5.3 End-user

      1. 5.3.1 Commercial

      2. 5.3.2 Private

      3. 5.3.3 Other Users

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

          1. 5.4.1.1.1 Maximum Take-off Weight

          2. 5.4.1.1.2 Number of Engines

        2. 5.4.1.2 Canada

          1. 5.4.1.2.1 Maximum Take-off Weight

          2. 5.4.1.2.2 Number of Engines

      2. 5.4.2 Europe

        1. 5.4.2.1 United Kingdom

          1. 5.4.2.1.1 Maximum Take-off Weight

          2. 5.4.2.1.2 Number of Engines

        2. 5.4.2.2 France

          1. 5.4.2.2.1 Maximum Take-off Weight

          2. 5.4.2.2.2 Number of Engines

        3. 5.4.2.3 Germany

          1. 5.4.2.3.1 Maximum Take-off Weight

          2. 5.4.2.3.2 Number of Engines

        4. 5.4.2.4 Russia

          1. 5.4.2.4.1 Maximum Take-off Weight

          2. 5.4.2.4.2 Number of Engines

        5. 5.4.2.5 Rest of Europe

          1. 5.4.2.5.1 Maximum Take-off Weight

          2. 5.4.2.5.2 Number of Engines

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

          1. 5.4.3.1.1 Maximum Take-off Weight

          2. 5.4.3.1.2 Number of Engines

        2. 5.4.3.2 India

          1. 5.4.3.2.1 Maximum Take-off Weight

          2. 5.4.3.2.2 Number of Engines

        3. 5.4.3.3 Japan

          1. 5.4.3.3.1 Maximum Take-off Weight

          2. 5.4.3.3.2 Number of Engines

        4. 5.4.3.4 South Korea

          1. 5.4.3.4.1 Maximum Take-off Weight

          2. 5.4.3.4.2 Number of Engines

        5. 5.4.3.5 Rest of Asia-Pacific

          1. 5.4.3.5.1 Maximum Take-off Weight

          2. 5.4.3.5.2 Number of Engines

      4. 5.4.4 Latin America

        1. 5.4.4.1 Brazil

          1. 5.4.4.1.1 Maximum Take-off Weight

          2. 5.4.4.1.2 Number of Engines

        2. 5.4.4.2 Colombia

          1. 5.4.4.2.1 Maximum Take-off Weight

          2. 5.4.4.2.2 Number of Engines

        3. 5.4.4.3 Rest of Latin America

          1. 5.4.4.3.1 Maximum Take-off Weight

          2. 5.4.4.3.2 Number of Engines

      5. 5.4.5 Middle-East and Africa

        1. 5.4.5.1 Saudi Arabia

          1. 5.4.5.1.1 Maximum Take-off Weight

          2. 5.4.5.1.2 Number of Engines

        2. 5.4.5.2 United Arab Emirates

          1. 5.4.5.2.1 Maximum Take-off Weight

          2. 5.4.5.2.2 Number of Engines

        3. 5.4.5.3 Turkey

          1. 5.4.5.3.1 Maximum Take-off Weight

          2. 5.4.5.3.2 Number of Engines

        4. 5.4.5.4 South Africa

          1. 5.4.5.4.1 Maximum Take-off Weight

          2. 5.4.5.4.2 Number of Engines

        5. 5.4.5.5 Rest of Middle-East and Africa

          1. 5.4.5.5.1 Maximum Take-off Weight

          2. 5.4.5.5.2 Number of Engines

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Airbus SE

      2. 6.2.2 Textron Inc.

      3. 6.2.3 Lockheed Martin Corporation

      4. 6.2.4 Leonardo S.p.A.

      5. 6.2.5 MD Helicopters Inc.

      6. 6.2.6 Robinson Helicopter Company

      7. 6.2.7 Enstrom Helicopter Corp.

      8. 6.2.8 Rostec (Russian Helicopters)

      9. 6.2.9 Schweizer RSG

      10. 6.2.10 Kaman Corporation

      11. 6.2.11 Kawasaki Heavy Industries Ltd

      12. 6.2.12 Aviation Industry Corporation of China

      13. 6.2.13 Hindustan Aeronautics Limited

  7. 7. MARKET OPPORTUNITIES

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Frequently Asked Questions

The Commercial Helicopters Market market is studied from 2018 - 2027.

The Commercial Helicopters Market is growing at a CAGR of >6% over the next 5 years.

Asia-Pacific is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2021.

Airbus SE, Robinson Helicopter Company, Leonardo S.p.A,, Textron Inc., Rostec (Russian Helicopters) are the major companies operating in Commercial Helicopters Market.

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