× Industry Reports Services Press Release Contact us About us

Asia Pacific Helicopter Market Forecast 2027 By End-Use (Commercial [Transport, Medical Services/Search & Rescue, Offshore Sector], Military [Reconnaissance, Maritime Surveillance]), By Component (Aerostructures/Airframes, Rotary System, Engine, Undercarriage, Avionics, Cabin Interiors, Environmental Control System), By Sales Channel (OEM, Maintenance, Repair and Overhaul [MRO]), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
Published Date: October 2021 | Publisher: Graphical Research Report ID: GR1977 | Delivery : PDF  Request Free Sample

Asia Pacific Helicopter Market size valued at USD 9 billion in 2020 and is set to observe around 4.5% growth rate between 2021 and 2027.

Government authorities in Asian countries, including India, China, and Japan, are taking extensive efforts to improve their in-house manufacturing capabilities. Relaxation on the regulations pertaining to the establishment of manufacturing facilities and 100% FDI allocations are some of the major factors attracting the international industry participants to Asia Pacific.

Asia Pacific Helicopter Market Size, By Region

Get more details on this report - Request Free Sample PDF

The Asia Pacific market growth is further driven by the increasing usage of helicopters in the commercial sector in countries including Australia, China, India, Vietnam, and Indonesia. The growth in the economy has led to an increase in tourism in this region. Helicopters are also being increasingly used for search & rescue operations and providing essential services & products during natural disasters such as floods and earthquakes.

The COVID-19 pandemic has disrupted the economic activities in Asia Pacific on a large-scale. Huge loss of life in China and India in 2020 due to the pandemic led to a total shutdown of manufacturing & production facilities in both the countries. The coronavirus outbreak has halted the raw material & electronic component supply to the global market from China. Moreover, the disruptions in foreign trade and global supply & logistics operations have led to rising financial insecurities among end-users of advanced equipment such as helicopters, in the region. This has impacted the revenues of component manufacturers and system integrators, hampering the market growth.

Asia Pacific Market, By Sales Channel

The Original Equipment Manufacturers (OEMs) segment held the highest Asia Pacific helicopter market share in 2020, attributed to the increasing demand for upgrading the existing helicopters and maintaining their airworthiness as per the regulatory reforms. OEMs in the industry are embraced with the latest manufacturing capabilities, such as additive manufacturing and laser sintering, allowing them to increase their operational efficiency and reduce cost.

Asia Pacific Market, By Component

The rotary system segment is anticipated to experience substantial growth during the forecast period. Frequent wear and tear of helicopter rotary systems due to operation in challenging weather conditions requires timely replacement and maintenance. Steadily increasing helicopter sales also remains to be a major driver for the growth of the rotary segment.

Competitive Industry Landscape

Major companies in the market include Mitsubishi Heavy Industries, Ltd., Hindustan Aeronautics Limited (HAL), Kawasaki Heavy Industries, Ltd., and Vietnam Helicopter Corporation.

Manufacturers are focusing on development of advanced helicopters to meet the requirements of navy services. For instance, in February 2019, Hindustan Aeronautics Limited (HAL) displayed a new Naval Utility Helicopter (NUH), equipped with a main rotor folding and tail boom folding as a technology demonstrator. The NUH is an advanced version of Dhruv, an advanced light helicopter, which is expected to meet the custom requirements of the Navy.
 

Frequently Asked Question(FAQ) :

The industry size for helicopter in Asia Pacific was worth USD 9 billion in 2020 and will observe a growth rate of more than 4.5% up to 2027 driven by the rising government support in India, China, and Japan, for improving in-house manufacturing capabilities.
Original equipment manufacturers (OEMs) accounted for a significant share in the regional market in 2020, owing to increasing need for upgrading the existing helicopters and maintaining their airworthiness according to the regulatory reforms.
The regional market size from rotary systems is expected to grow significantly due to rising frequency of wear and tear of the systems owing to operations in challenging weather conditions that need timely replacement and maintenance.
Mitsubishi Heavy Industries, Ltd., Hindustan Aeronautics Limited (HAL), Kawasaki Heavy Industries, Ltd., and Vietnam Helicopter Corporation are some leading industry participants in the region.

Premium Report

Have questions?
  • Inquire Before Buying
  • Why Choose us?

    • on-time delivery On-Time Delivery

      We commit to on-time delivery of reports to keep you ahead.

    • assured quality Assured Quility

      With a wide network of industry experts and trained in-house analysts, we assure best service quality.

    • Custom Research Service

      We offer research services to meet specific client requirements and provide them with actionable insights on target markets.

    • payment security Payment Security

      Our safe payment gateway gives you full control of your personal data, at all times.

    Connect with our sales team

     1-800-986-6917

     [email protected]