Helicopter Market to experience a CAGR of around 5% over the
forecast period 2014-2019: Radiant Insights, Inc
Worldwide helicopter market is likely to experience a CAGR of around 5% over the forecast period
(2014-2019). Although, the market has gone through sluggish demand in the recent past. Expanding
demand from oil end-users is the major factor driving the global product demand in the coming years.
Strong existence in civil helicopter industry along with rising penetration in defense sector will expand
the bell helicopters market shares. The worldwide market has observed high growth in past few years.
The industry is fragmented into two segments - defense & civil helicopters.
The demand for the civil helicopter is propelled by activities associated with oil & exploration. Advanced
defense equipment boosts the growth of defense helicopters. This segment currently dominates the Russia
& CIS helicopter market. It is likely to remain the dominant segment over the forecast period.
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Russian government plans regarding for helicopter fleet-up graduation along with the rise in defense
spending can drive the growth in the coming years. Alternatively, Europe and North America has
observed restraint in demand in the past. This owes to cuts in defense budgets.
China, India, and Japan were the leading areas in helicopter market in 2013. This owes to notably
expanding demand for defense and commercial helicopters in these countries, thereby, attributing in
overall product growth. Thailand, South Korea, and Japan were the few countries that were chosen for
delivery of novel civil helicopters.
Key market participants in the global helicopter market comprise Kaman Corporation, NH Industries,
Robinson Helicopters, Bell Helicopters, Russian Helicopters, Augusta West land, Hindustan
Aeronautical. Bell helicopters dominated the market in 2013. The Company scored novel helicopters
order in Asia Pacific region.
Table of Contents
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
3.1 Market Overview
3.2 Product Offerings