Market Size of North America Helicopters Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 17.85 Billion |
| Market Size (2029) | USD 24.71 Billion |
| CAGR (2024 - 2029) | 6.72 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Helicopters Market Analysis
The North America Helicopters Market size is estimated at USD 17.85 billion in 2024, and is expected to reach USD 24.71 billion by 2029, growing at a CAGR of 6.72% during the forecast period (2024-2029).
The region has a significant demand for commercial helicopters, which are used for both professional and leisure activities. At the same time, the demand for military helicopters is driven by the ongoing fleet modernization programs of the regional armed forces.
The helicopter OEMs are focused on developing new-generation helicopters with superior flight capabilities compared to their predecessors. Advancements in new composite technologies and helicopter health, usage & monitoring systems (HUMS) will enhance operational predictability, hone down unscheduled maintenance events, and provide complete prognostics to optimize scheduled maintenance, resulting in increased mission readiness and lower maintenance costs. However, safety incidents, such as helicopter crashes, raise significant reliability concerns and may impede the market growth in the region.
