Market Size of Medium And Heavy-lift Helicopters Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 19.89 Billion |
| Market Size (2029) | USD 24.03 Billion |
| CAGR (2024 - 2029) | 3.86 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Medium And Heavy-lift Helicopters Market Analysis
The Medium And Heavy-lift Helicopters Market size is estimated at USD 19.89 billion in 2024, and is expected to reach USD 24.03 billion by 2029, growing at a CAGR of 3.86% during the forecast period (2024-2029).
- There is a growing demand for medium- and heavy-lift helicopters in the commercial sectors, with their increasing use in different applications, such as tourism, medical and emergency rescue services, transportation, law enforcement, and offshore helicopter services. In the military, the demand for medium-lift multi-role and utility helicopters is increasing from almost every region in the world, driving the market's growth.
- The development of newer generation helicopters with increased technological advancement will further support the market's growth, especially in the military sector, as several countries look to replace their aging fleet of medium—and heavy-lift helicopters.
