North America Helicopters Market is expected to reach US$ 18,711.54 Mn by 2028

Single Rotor Segment to Dominate North America Helicopters Market During 2021–2028

According to The Insight Partners market research study on “North America Helicopters Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Weight, and Application” is expected to reach US$ 18,711.54 million by 2028 from US$ 12,982.93 million in 2021. The market is estimated to grow at a CAGR of 5.4% from 2021 to 2028. The report provides trends prevailing in the North America helicopters market along with the drivers and restraints pertaining to the market growth. Rising demand for search and rescue (SAR) helicopters and increasing military expenditure on advanced and lightweight helicopters are the major factor driving the growth of the North America helicopters market. However, less adoption of advanced helicopters hinders the growth of North America helicopters market.

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.

The North America helicopters market is segmented into type, weight, application, and country. In terms of type, the North America helicopters market is bifurcated into single rotor, multi rotor and tilt rotor. The single rotor segment dominated the North America helicopters market in 2020 and tilt rotor segment is expected to be fastest growing during forecast period. Based on weight, the North America helicopters market is categorized into light weight, medium weight, and heavy weight. The medium weight segment dominated the North America helicopters market in 2020 and light weight segment is expected to be fastest growing during forecast period. Based on application, the North America helicopters market is categorized into commercial & civil and military. The military segment dominated the North America helicopters market in 2020 and is also expected to be fastest growing during forecast period. Further, commercial & civil segment is bifurcated into the transport, emergency rescue, utility, and training. The transport segment dominate the market in 2020. The military segment is also divided into the attack and reconnaissance, maritime, transport search and rescue, and training. The attack and reconnaissance segment dominate the market in 2020.

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; and Russian Helicopters are among the leading companies in the North America helicopters market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Sikorsky Receives Second Contract To Build Presidential Helicopters.

The Report Segments the North America Helicopters Market as Follows:

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