This report is the result of SDIs extensive market and company research covering the global Commercial Helicopter industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.
Introduction and Landscape
* Why was the report written?
- The Global Commercial Helicopter
Market 2013-2023 offers the reader detailed analysis of the global Commercial
Helicopter market over the next ten years, alongside potential market
opportunities to enter the industry, using detailed market size forecasts.
* What are the key drivers behind
recent market changes?
- The global commercial helicopter
sector is expected to experience a growth of 3.08% growth during the forecast
period. The commercial helicopter market grows on the back of several sectors
worldwide including offshore oil and gas exploration and production, HEMS, VIP
transport, law enforcement and public safety etc. Europe and North America
which are largest markets for civil helicopters are however saturated markets
and thus are not expected to register considerable growth in their market size
during the forecast period. Besides, the European market is also expected to
experience a marginal decline owing to increased procurement in the first few
years of the forecast period and a resultant lowered demand during the second
half of the forecast period. Emerging markets of Asia Pacific, Latin America
and Middle East are expected to provide the necessary boost to the industry
during the forecast period.
* What makes this report unique and
essential to read?
- The Global Commercial Helicopter
Market 2013-2023 provides detailed analysis of the current industry size and
growth expectations from 2013 to 2023, including highlights of key growth
stimulators. It also benchmarks the industry against key global markets and
provides detailed understanding of emerging opportunities in specific areas.
Key Features and Benefits
The report provides detailed
analysis of the market for Commercial Helicopter during 2013-2023, including
the factors that influence why countries are investing or cutting helicopter
expenditure. It provides detailed expectations of growth rates and projected
total expenditure.
29% of the civil helicopters across
the world are used for emergency medical services and law enforcement; however
this segment is almost negligible in the context of China, India and Middle
Eastern countries. Therefore, manufacturers like Bell Helicopter, Eurocopter,
MD Helicopters and others are vying to attain a share in the EMS helicopters
sector in these untapped markets. Eurocopter projects a requirement of approximately
50 helicopters for medical emergency services in India during the next few
years. The government should formulate policies to waive off or charge minimal
on jet fuel taxes, landing charges so as to make HEMS affordable during the
forecast period.
Key Market Issues
With the fast-growing market for
civil helicopters across the world, it is even difficult to fulfill the
requirement of trained commercial pilots and technicians for service and
support function. Market like China, which is expected to add additional 2000
and more helicopter during the forecast period, would at least require 6300
helicopter pilots. On one side, manufacturers like Bell helicopters is viewing
China as a strong potential market in the Asia-Pacific region and are trying to
increase the sales and simultaneously helping to overcome the challenge of lack
of pilots by signing agreements with aviation colleges. Bell signed a
memorandum of agreement with Guangzhou Civil Aviation College for
helicopter-maintenance training facility in China which is anticipated to be
operational by the end of 2013.Training by Bell is specific to the variants
including Bell 206 and 407. Similarly the Indian market is witnessing the
expanding scope of operation in civil aviation but is facing the challenge of
lack of pilots and training facilities in the country.
Reforms are needed in the
low-altitude airspace which is a major challenge in growing markets like China
and India in order to boost the growing demand in the helicopter industry.
Chinese civil aviation authority is streamlining the process and plans to expand
the flying air space for civil helicopters by 2015. The reason the authorities
are delaying the process is due to the threat that foreign air-carriers would
monopolize the market with their established products. Additionally in India
the lack of helipads and landing infrastructure will hinder the growth of
helicopters. The infrastructure is non-existent in both urban and the remote
areas creating worst times for the country during a disaster or emergency
situation. The Rotary Wing Society of India (RWSI) is putting efforts in
developing an authenticated registered directory of the operating and available
helipads, which is currently lacking in the country. Limited airport airspace
is another obstacle, where helicopter operations are majorly flying in Delhi
and Mumbai, due to latter proximity to the sea-based oil rigs, airports are
over-crowded with heavy air traffic due to fixed-wing operations which is
resulting in lower slots and priority to the helicopter operators.
Key Highlights
North America and Europe have been
the most important and prominent markets for commercial helicopter
manufacturers until the last few years. However, the scenario has changed
significantly in the recent years due to the saturation of the aforementioned
markets due to which the growth was almost stagnant. Asia Pacific and Middle
East are expected to be the growth centers for commercial helicopters during
the forecast period owing to the huge potential in countries such as China,
India, Australia, Japan, UAE, Qatar, etc. Additionally, the steadily growing
oil and gas industry of the Middle Eastern countries is creating substantial
demand for commercial helicopters to meet its increasing need for offshore
transport in the coming years. EMS is also expected to be a considerable factor
driving the market for civil helicopters in the Asia Pacific and Middle East
during the forecast period, as countries in these regions still do not have an
established EMS network compared to country in North America and Europe. Latin
America is another region that is expected to witness robust demand for
commercial helicopters registering a CAGR of 14.99% during the forecast period.
This rapid growth in the region can be attributed to the strong economic growth
in the countries such as Brazil and Mexico.
Even though light helicopters
account for the smallest spending in the global commercial helicopter market
during the forecast period, the segment is expected to grow robustly. This can
be attributed to the rapidly increasing business from VIP or corporate
transport and EMS firms and also the parapublic departments. In the present
economic scenario, light helicopters are increasingly seen as a favorable
choice by various organizations owing to their low price and latest
technological advancements in the avionics and navigation systems. The global
fleet of light helicopters as a percentage of larger helicopters fleet is thus
increasing at a fast rate.
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