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Europe Helicopter Market Forecast 2027 By Sales Channel (OEM, Maintenance, Repair and Overhaul [MRO]), 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), 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: GR1978 | Delivery : PDF  Request Free Sample

Europe Helicopter Market size crossed USD 14 billion in 2020 and is anticipated to expand at a CAGR of 3.5% from 2021 to 2027.

The extensive use of helicopters in European countries for defense & special operations will enhance the market demand. The industry participants in the region are gaining contracts from government organizations, enhancing the revenue share.

Europe Helicopter Market Size, By Region

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Aggressive approach of the helicopter industry players and medical institutions to commercialize helicopters for medical purposes will augment the market share of EMS helicopters. For instance, in September 2020, the Norwegian Air Ambulance foundation purchased a five-bladed H145 helicopter from Airbus Helicopters. The helicopter comprises an innovative five-bladed, increasing the useful load by 150 kg while delivering enhanced comfort and connectivity. It received a certification from the European Union Aviation Safety Agency in June 2020.

Europe Market, By End-Use

Technological advancements in medical services and helicopters are catering to the market growth of Helicopter Emergency Medical Services (HEMS). Various hospitals across the globe are investing privately in the acquisition of HEMS, whereas industry participants are catering to the market by providing unique designs and operational training, comprehensively improving the market expansion prospects.

Competitive Industry Landscape

The key industry players include Airbus Helicopters S.A.S, Babcock International Group PLC, Bell Textron, Inc., The Boeing Company, Lilium GmbH, Leonardo S.p.A, and Lockheed Martin Corporation, and Kawasaki Heavy Industries. Companies are adopting partnership and acquisition strategies to acquire a higher market share and expand their global footprint.
 

Frequently Asked Question(FAQ) :

The market size for helicopter in Europe had exceeded USD 14 billion in 2020 and will witness a CAGR of 3.5% from 2021 to 2027 with increasing demand for defense & special operations in the region.
The aggressive approach of helicopter manufacturers and medical institutions to commercialize the aircraft for medical purposes is driving the adoption of EMS helicopters in the region.
Technological advancements in medical services and helicopters coupled with the rising investments by various hospitals is impelling the adoption of Helicopter Emergency Medical Services (HEMS).
The key players in the industry are Airbus Helicopters S.A.S, Babcock International Group PLC, Bell Textron, Inc., The Boeing Company, Lockheed Martin Corporation, and Kawasaki Heavy Industries among others.

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