North America Helicopters Market Key Players and Forecast by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

North America Helicopters Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Single Rotor, Multi Rotor, and Tilt Rotor), Weight (Light Weight, Medium Weight, and Heavy Weight), and Application (Commercial & Civil and Military)

Report Date : Jul 2021
Report Code : TIPRE00023529

Category : Aerospace and Defense
Status : Published

Available Report Formats :
No. of Pages : 136

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The North America helicopters market is expected to grow from US$ 12,982.93 million in 2021 to US$ 18,711.54 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.

The US, Canada, and Mexico are economies in North America. Rising demand for search and rescue (SAR) helicopters is expected to escalate the market growth. The increasing need for helicopters for various search and rescue operations is driving the North America helicopter market. Countries located in North America are heavily investing in procuring the most advanced and highly capable helicopters. Due to the growing demand for new and advanced SAR helicopters, the overall market is growing. These helicopters were heavily equipped with advanced solutions including reliable and powerful rescue hoists and winches. The SAR helicopters are used for medical emergency/evacuation, firefighting and law enforcement, utility, and search and rescue operation. Helicopters are being significantly used for medical emergency or medical evacuation as well. Medical evacuation is the process of safely evacuating wounded people by medical personnel with assistance from military forces. During any kind of natural calamities or man-made calamities, there is heavy requirement for medical evacuation team. The team consists of medical professionals and military personnel who provide the needed medical care to the victims of any disaster. The team uses aircraft/helicopter fleet to evacuate the disaster-prone area. For law enforcement and firefighting, the helicopter is used for fire or other emergencies, patrol duties, and back up to ground unit. For utility application, helicopters are used for lifting operation that happens during oil and gas offshore processing. For search and rescue operation, the helicopters are deployed by military personnel to rescue and search operations. As a part of rescue and search operation, helicopters are used for all types of search and rescue processes (mountain rescue, disaster rescue, and natural calamity rescue among others. So, the increasing demand of SAR helicopter is expected to drive the market growth.

In case of COVID-19, North America is highly affected specially the US, with thousands of infected individuals facing severe health conditions across the country. The US is the highest military spender across the globe and has a substantial number of defense contractors across its borders. On the contrary, the continuous growth of infected individuals has led the government to impose lockdown across the nation’s borders. During Q2 and Q3 of 2020, the majority of the manufacturing plants were either temporarily shut or operating with minimum staff. Moreover, the supply chain of equipment and related components are disrupted. In addition, the demand for defense equipment has been showcasing a slowdown since the outbreak of the virus in the country. The US is the hub of prominent helicopter manufacturers; however, the emergence of the pandemic has resulted in supply chain issues, leading to disruption in helicopter production.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America helicopters market. The North America helicopters market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Helicopters Market Segmentation

North America Helicopters Market – By Type

Single Rotor
Multi Rotor
Tilt Rotor

North America Helicopters Market – By Weight

Light Weight
Medium Weight
Heavy Weight

North America Helicopters Market – By Application

Commercial & Civil
- Transport
- Emergency Rescue
- Utility
- Training
Military
- Attack and Reconnaissance
- Maritime
- Transport Search and Rescue
- Training

North America Helicopters Market, by Country

US
Canada
Mexico

North America Helicopters Market -Companies Mentioned

Airbus S.A.S.
Bell Textron Inc.
Boeing
Enstrom Helicopter Corp.
Kaman Corporation
Leonardo S.p.A.
Lockheed Martin Corporation
MD Helicopters, Inc.
Robinson Helicopter Company
Russian Helicopters

North America Helicopters Report Scope

Report Attribute	Details
Market size in 2021	US$ 12,982.93 Million
Market Size by 2028	US$ 18,711.54 Million
Global CAGR (2021 - 2028)	5.4%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Single Rotor Multi Rotor Tilt Rotor By Weight Light Weight Medium Weight Heavy Weight By Application Commercial & Civil and Military
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Airbus S.A.S. Bell Textron Inc. Boeing Enstrom Helicopter Corp. Kaman Corporation Leonardo S.p.A. Lockheed Martin Corporation MD Helicopters, Inc. Robinson Helicopter Company

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Helicopters Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Helicopters Market Report Snapshots

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