The helicopter tourism market was valued at US$ 745 million in 2020 and is projected to reach US$ 1,014.9 million by 2028; it is expected to grow at a CAGR of 4.4% from 2021 to 2028.
Over the last few years, helicopters tourism is receiving high momentum across the world. In the past 5 years, the launch of new tourist destinations has brought about a new era in the global travel and tourism industry. With rise in the number of tourism operators, there has been an increased demand for aerial tours as well as for number of helicopters. Helicopters have been witnessing significant demand from the commercial customers apart from air ambulance and governmental carriers. In the recent years, the tourism through helicopters is soaring in different cities of developed countries as well as developing nations, which is bolstering the helicopter tourism market growth. Additionally, increase in commercial helicopter manufacturers across the world has resulted in increase in procurement of civilian helicopters for tourism. Coupling this fact with the increase in demand for aerial tourism is reflecting growth in helicopter tourism market. The reduction in tourism cost per hour in price-sensitive regions is anticipated to facilitate the market players in helicopter tourism market to witness growth in their annual sales, thereby, catalyzing the demand for helicopter tourism market. North America is the prominent region in the helicopter tourism market and the APAC region is anticipated to be the fastest-growing region in terms of CAGR during 2019–2027
In the North American countries, travel and tourism have emerged as the dominant tool for economic growth. Aerial tours are anticipated to be one of the most robust markets for the travel and tourism industry. Countries are focusing on generating revenues from both group and solo travel. Travel agencies and operators in North America have significant influence in shaping modern tourism activities. The US generates the majority of travel spending in North America. Digital advances have brought benefits for both travelers and travel operators in the region. Travelers can be benefited from aerial tour services companies that provide affordable and efficient services, which are customized according to needs and preferences. Technologies such as artificial intelligence and the Internet of Things (IoT) play a significant role in travel and tourism market. With the help of artificial intelligence, providers can connect with travelers before and during their trips. A mobile assistant integrated with AI helps travelers with their journey. In addition, the use of digital payments or instant payments can help organizations make the payments securely. Hence, the implementation of such technologies provide a great potential for aerial tour service providers to grow in the market.
Impact of COVID-19 Pandemic on Helicopter Tourism Market
The COVID-19 pandemic has been affecting every business globally since December 2019. The continuous growth in the number of virus-infected patients compelled governments to put a restriction on transportation of goods and humans’ movement. The tourism sector witnessed severe losses due to travelling restrictions imposed by several country’s government across the world, which led drastic fall in number of visitors at tourist places. According to latest situation report from the World Health Organization (WHO), the major tourism countries such as the US, Spain, Italy, France, Germany, the UK, Russia, Turkey, Brazil, India, and China are some of the worst affected due to COVID-19 outbreak. Additionally, the social or physical distancing measures imposed by governments have put limitations on the social gathering at tourist destinations. These adversities led to the reduction in the business volume of helicopter tourism market.
Lucrative Regions for Helicopter Tourism Providers
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Helicopter Tourism Market Insights
Increasing Interest Toward Aerial Sightseeing
Sightseeing with the help of helicopters are rapidly gaining interest among the population as it offers an innovative way for exploring a scenic attraction or a vacation spot. Owing to the maneuverability of helicopters in several directions, these rotorcrafts help the visitors in getting a closer view of scenic places including beaches, volcanoes, and mountain ranges. Further, the ease of booking these tours in combination with the hotel stays or as a part of meeting packages or conventions is driving the overall growth of the helicopter tourism market. Many scenic destinations, including Hong Kong Skyline, Iguazu Falls, Ellis Island, grand canyon, Hawaii, great barrier reef, Amalfi Coast, Mendenhall Glacier, Niagara Falls, Chicago’s skyline & streetscape, Victoria Falls, Rio’s electric beachfront town, Bays in San Francisco, Cape Town’s Durbanville Hills, Mount Everest, Seattle’s skyline, Sydney Opera House, New Zealand’s Fox Glacier, Canada’s Columbia Mountains, and Kenya’s Laikipia Plateau, are gaining an enormous interest among the tourist. Hence, this factor has driven the helicopter tourism market to a significant extent.
Tourism type Based Market Insights
Based on tourism type, the Helicopter tourism market is segmented into general tourism and customized tourism. The customized tourism segment dominates the market. The major benefit of customized tours is the travelers have the chance to go anywhere and anytime. Further, these customized tours also guarantee the client a unique and exclusive experience. Likewise, the various helicopter tour service providers offer customized tours to their customers depending on their desire to travel.
Ownership type Based Market Insights
Based on ownership type, the Helicopter tourism market is segmented into fractional ownership and charter service. The charter service segment dominated the market in 2020. Through fractional ownership helicopters, the customers purchase a share of a plane, rather than an entire helicopter. Fractional helicopters are professionally maintained and the owners of the helicopter pay a monthly maintenance and hourly operating fee. The fractional ownership saves repositioning or deadheading costs. Purchasing one-sixteenth to one-half ownership of the aircrafts offer adequate availability for several people.
Helicopter Tourism Market, by Ownership Type—2020 and 2028
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Helicopter tourism Market: Strategic Insights
Market Size Value in US$ 745 Million in 2020 Market Size Value by US$ 1,014.9 Million by 2028 Growth rate CAGR of 4.4% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Helicopter tourism Market: Strategic Insights
| Market Size Value in | US$ 745 Million in 2020 |
| Market Size Value by | US$ 1,014.9 Million by 2028 |
| Growth rate | CAGR of 4.4% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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The players operating in the helicopter tourism market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
In 2020, HeliNY launched the NYC Harbor Experience departing from Linden, NJ just 45 minutes outside Manhattan.
In December 2020, Maverick Helicopters introduced two all-new Las Vegas and Red Rock Canyon sightseeing and aerial experiences, Neon & Nature and Neon & Nature Sunset. Travelers can witness the majestic Mojave Desert and fly over Red Rock Canyon in a luxury helicopter, followed by a one-of-a-kind, exclusive landing overlooking the Las Vegas Strip and the surrounding mountain landscape.
In August 2020, Papillon Grand Canyon Helicopters introduced two brand new, exclusive packages featuring a luxury dining experience and a fabulous night flight of the Las Vegas Strip. The plan starts at US$199 per person.
Segmentation
By Tourism type
- General tourism
- Customized tourism
By Ownership type
- Fractional ownership
- Charter service
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- Accretion Aviation
- Bird's Eye View Helicopters LLC
- Liberty helicopter
- Cape Town Helicopters
- Helicopter Flight Services, Inc.
- Maverick Aviation Group
- Papillon Grand Canyon Helicopters
- Zip Aviation
- Heli Chicago
- Lisbon Helicopters
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Tourism Type and Ownership Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Travel and tourism industry is one of the few industries that has undergone throughout the crisis, attaining sustained growth in the last few years. There is also a general consent in optimistic prospects for the near future. On the other hand, Tourism industry is playing a significant role in developing incoming destinations, as well as contributing to the GDP, creation of jobs, exports, and new ventures. Tourism sector can be classified into two types namely, general tourism and customized tourism. The customized tourism is booming across the globe and is leading the global helicopter tourism market in the current scenario.
Rising growth in tourism industry paired with positive economic outlook, increasing interest towards aerial sightseeing, and increasing adoption of heli taxi service is driving the growth of the helicopter tourism market. The Heli-Taxi service reduces travelling time significantly that required to reach destination and offers a comfortable journey to elder age and physically challenged tourists. Thus, the Heli-Taxi service is gaining popularity across all regions and growing rapidly at tourist destinations worldwide.
Presently, North America held the largest revenue share of global helicopter tourism market. In the North America region, travel and tourism have been observed as a crucial aspect for economic growth. In the North American countries, travel and tourism have emerged as the dominant tool for economic growth. Aerial tours are anticipated to be one of the most robust markets for the travel and tourism industry. Countries are focusing on generating revenues from both group and solo travel.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Helicopter Tourism Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 Expert Opinions
4.4 PEST Analysis
4.4.1 North America PEST Analysis
4.4.2 Europe PEST Analysis
4.4.3 Asia Pacific PEST Analysis
4.4.4 Middle East and Africa PEST Analysis
4.4.5 South America PEST Analysis
5. Helicopter Tourism Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rising Growth in Tourism Industry Paired with Positive Economic Outlook
5.1.2 Increasing Interest towards Aerial Sightseeing
5.1.3 Increasing Adoption of Heli Taxi Service
5.2 Key Market Restraint
5.2.1 Striking Number of Past Helicopter Accidents
5.3 Key Market Opportunity
5.3.1 Widening Scope in the Emerging Economies
5.4 Future Trend
5.4.1 Emergence of Autonomous Flight Technology
5.5 Impact Analysis of Drivers and Restraints
5.5.1 Helicopter Tourism Market Impact Analysis of Drivers and Restraints
6. Helicopter Tourism Market – Global Market Analysis
6.1 Global Helicopter Tourism Market Overview
6.2 Global Helicopter Tourism Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Helicopter Tourism Market Analysis – By Tourism Type
7.1 Overview
7.2 Helicopter Tourism Market Breakdown, By Tourism Type, 2018 & 2027
7.3 General Tourism
7.3.1 Overview
7.3.2 General Tourism Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Customized Tourism
7.4.1 Overview
7.4.2 Customized Tourism Market Revenue and Forecasts to 2028 (US$ Million)
8. Helicopter Tourism Market Analysis – By Ownership Type
8.1 Overview
8.2 Helicopter Tourism Market Breakdown, By Ownership Type, 2018 & 2027
8.3 Fractional Ownership
8.3.1 Overview
8.3.2 Fractional Ownership Market Revenue and Forecasts to 2028 (US$ Million)
8.4 Charter Service
8.4.1 Overview
8.4.2 Charter Service Market Revenue and Forecasts to 2028 (US$ Million)
9. Global Helicopter Tourism Market – Geographic Analysis
9.1 Overview
9.2 North America Helicopter Tourism Market Revenue and Forecast to 2028
9.2.1 North America Helicopter Tourism Market Revenue and Forecast to 2028
9.2.2 North America Helicopter Tourism Market Breakdown, by Tourism Type
9.2.3 North America Helicopter Tourism Market Breakdown, by Ownership Type
9.2.4 North America Helicopter Tourism Market Breakdown, by Country
9.2.4.1 US Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US Helicopter Tourism Market Breakdown, by Tourism Type
9.2.4.1.2 US Helicopter Tourism Market Breakdown, by Ownership Type
9.2.4.2 Canada Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada Helicopter Tourism Market Breakdown, by Tourism Type
9.2.4.2.2 Canada Helicopter Tourism Market Breakdown, by Ownership Type
9.2.4.3 Mexico Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico Helicopter Tourism Market Breakdown, by Tourism Type
9.2.4.3.2 Mexico Helicopter Tourism Market Breakdown, by Ownership Type
9.3 Europe Helicopter Tourism Market Revenue and Forecast to 2028
9.3.1 Europe Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe Helicopter Tourism Market Breakdown, By Tourism Type
9.3.3 Europe Helicopter Tourism Market Breakdown, By Ownership Type
9.3.4 Europe Helicopter Tourism Market Breakdown, By Country
9.3.4.1 France Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 France Helicopter Tourism Market Breakdown, By Tourism Type
9.3.4.1.2 France Helicopter Tourism Market Breakdown, By Ownership Type
9.3.4.2 Germany Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 Germany Helicopter Tourism Market Breakdown, By Tourism Type
9.3.4.2.2 Germany Helicopter Tourism Market Breakdown, By Ownership Type
9.3.4.3 Italy Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy Helicopter Tourism Market Breakdown, By Tourism Type
9.3.4.3.2 Italy Helicopter Tourism Market Breakdown, By Ownership Type
9.3.4.4 Russia Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 Russia Helicopter Tourism Market Breakdown, By Tourism Type
9.3.4.4.2 Russia Helicopter Tourism Market Breakdown, By Ownership Type
9.3.4.5 UK Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.3.4.5.1 UK Helicopter Tourism Market Breakdown, By Tourism Type
9.3.4.5.2 UK Helicopter Tourism Market Breakdown, By Ownership Type
9.3.4.6 Rest of Europe Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe Helicopter Tourism Market Breakdown, By Tourism Type
9.3.4.6.2 Rest of Europe Helicopter Tourism Market Breakdown, By Ownership Type
9.4 APAC Helicopter Tourism Market Revenue and Forecast to 2028
9.4.1 APAC Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.4.2 APAC Helicopter Tourism Market Breakdown, by Tourism Type
9.4.3 APAC Helicopter Tourism Market Breakdown, by Ownership Type
9.4.4 APAC Helicopter Tourism Market Breakdown, by Country
9.4.4.1 Australia Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 Australia Helicopter Tourism Market Breakdown, by Tourism Type
9.4.4.1.2 Australia Helicopter Tourism Market Breakdown, by Ownership Type
9.4.4.2 China Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 China Helicopter Tourism Market Breakdown, by Tourism Type
9.4.4.2.2 China Helicopter Tourism Market Breakdown, by Ownership Type
9.4.4.3 India Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 India Helicopter Tourism Market Breakdown, by Tourism Type
9.4.4.3.2 India Helicopter Tourism Market Breakdown, by Ownership Type
9.4.4.4 Japan Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 Japan Helicopter Tourism Market Breakdown, by Tourism Type
9.4.4.4.2 Japan Helicopter Tourism Market Breakdown, by Ownership Type
9.4.4.5 South Korea Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.4.4.5.1 South Korea Helicopter Tourism Market Breakdown, by Tourism Type
9.4.4.5.2 South Korea Helicopter Tourism Market Breakdown, by Ownership Type
9.4.4.6 Rest of APAC Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.4.4.6.1 Rest of APAC Helicopter Tourism Market Breakdown, by Tourism Type
9.4.4.6.2 Rest of APAC Helicopter Tourism Market Breakdown, by Ownership Type
9.5 Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028
9.5.1 Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028
9.5.2 Middle East & Africa Helicopter Tourism Market Breakdown, by Tourism Type
9.5.3 Middle East & Africa Helicopter Tourism Market Breakdown, by Ownership Type
9.5.4 Middle East & Africa Helicopter Tourism Market Breakdown, by Key Countries
9.5.4.1 South Africa Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.5.4.1.1 South Africa Helicopter Tourism Market Breakdown, by Tourism Type
9.5.4.1.2 South Africa Helicopter Tourism Market Breakdown, by Ownership Type
9.5.4.2 Saudi Arabia Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.5.4.2.1 Saudi Arabia Helicopter Tourism Market Breakdown, by Tourism Type
9.5.4.2.2 Saudi Arabia Helicopter Tourism Market Breakdown, by Ownership Type
9.5.4.3 UAE Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.5.4.3.1 UAE Helicopter Tourism Market Breakdown, by Tourism Type
9.5.4.3.2 UAE Helicopter Tourism Market Breakdown, by Ownership Type
9.5.4.4 Rest of Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.5.4.4.1 Rest of Middle East & Africa Helicopter Tourism Market Breakdown, by Tourism Type
9.5.4.4.2 Rest of Middle East & Africa Helicopter Tourism Market Breakdown, by Ownership Type
9.6 South America Helicopter Tourism Market Revenue and Forecast to 2028
9.6.1 South America Helicopter Tourism Market Revenue and Forecast to 2028
9.6.2 South America Helicopter Tourism Market Breakdown, by Tourism Type
9.6.3 South America Helicopter Tourism Market Breakdown, by Ownership Type
9.6.4 South America Helicopter Tourism Market Breakdown, by Key Countries
9.6.4.1 Brazil Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.6.4.1.1 Brazil Helicopter Tourism Market Breakdown, by Tourism Type
9.6.4.1.2 Brazil Helicopter Tourism Market Breakdown, by Ownership Type
9.6.4.2 Argentina Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.6.4.2.1 Argentina Helicopter Tourism Market Breakdown, by Tourism Type
9.6.4.2.2 Argentina Helicopter Tourism Market Breakdown, by Ownership Type
9.6.4.3 Rest of South America Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
9.6.4.3.1 Rest of South America Helicopter Tourism Market Breakdown, by Tourism Type
9.6.4.3.2 Rest of South America Helicopter Tourism Market Breakdown, by Ownership Type
10. Impact of COVID-19 Outbreak
10.1.1 Overview:
10.1.2 North America: Impact Assessment of COVID-19 Pandemic
10.1.3 Europe: Impact Assessment of COVID-19 Pandemic
10.1.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.1.5 MEA: Impact Assessment of COVID-19 Pandemic
10.1.6 SAM: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Accretion Aviation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bird's Eye View Helicopters LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Liberty helicopter
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Cape Town Helicopters
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Helicopter Flight Services, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Maverick Aviation Group
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Papillon Grand Canyon Helicopters
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Zip Aviation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Heli Chicago
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Lisbon Helicopters
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Recent Helicopter Crashes
Table 2. Global Helicopter Tourism Market Revenue and Forecasts to 2028 (US$ Million)
Table 3. North America Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 4. North America Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 5. US Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 6. US Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 7. Canada Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 8. Canada Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 9. Mexico Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 10. Mexico Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 11. Europe Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 12. Europe Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 13. France Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 14. France Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 15. Germany Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 16. Germany Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 17. Italy Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 18. Italy Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 19. Russia Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 20. Russia Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 21. UK Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 22. UK Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 23. Rest of Europe Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 24. Rest of Europe Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 25. APAC Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 26. APAC Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 27. Australia Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 28. Australia Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 29. China Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 30. China Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 31. India Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 32. India Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 33. Japan Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 34. Japan Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 35. South Korea Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 36. South Korea Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 37. Rest of APAC Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 38. Rest of APAC Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 39. Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 40. Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 41. South Africa Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 42. South Africa Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 43. Saudi Arabia Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 44. Saudi Arabia Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 45. UAE Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 46. UAE Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 47. Rest of Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Mn)
Table 48. Rest of Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 49. South America Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 50. South America Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 51. Brazil Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 52. Brazil Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 53. Argentina Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 54. Argentina Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Million)
Table 55. Rest of South America Helicopter Tourism Market Revenue and Forecast to 2028 – By Tourism Type (US$ Million)
Table 56. Rest of South America Helicopter Tourism Market Revenue and Forecast to 2028 – By Ownership Type (US$ Mn)
Table 57. Glossary of Term: Helicopter Tourism Market
LIST OF FIGURES
Figure 1. Helicopter Tourism Market Segmentation
Figure 2. Helicopter Tourism Market Segmentation – By Geography
Figure 3. Helicopter Tourism Market Overview
Figure 4. North America to Dominate the Market Throughout the Forecast Period
Figure 5. Customized Tourism held the Largest Market Share in 2020
Figure 6. Fractional Ownership held the Largest Market Share in 2020
Figure 7. Helicopter Tourism Market Ecosystem Analysis
Figure 8. Expert Opinions
Figure 9. North America – PEST Analysis
Figure 10. Europe – PEST Analysis
Figure 11. Asia Pacific – PEST Analysis
Figure 12. Middle East and Africa – PEST Analysis
Figure 13. SOUTH AMERICA – pest analysis
Figure 14. Global Helicopter Tourism Market
Figure 15. Global Helicopter Tourism Market Forecast and Analysis (US$ Millon)
Figure 16. Helicopter Tourism Market Breakdown, By Tourism Type, 2020 and 2028 (%)
Figure 17. Global General Tourism Market Revenue and Forecasts to 2028 (US$ Million)
Figure 18. Global Customized Tourism Market Revenue and Forecasts to 2028 (US$ Million)
Figure 19. Helicopter Tourism Market Breakdown, By Ownership Type, 2020 and 2028 (%)
Figure 20. Global Fractional Ownership Market Revenue and Forecasts to 2028 (US$ Million)
Figure 21. Global Charter Service Market Revenue and Forecasts to 2028 (US$ Million)
Figure 22. Helicopter Tourism Market, Global Breakdown, by Region, 2020 and 2028 (%)
Figure 23. North America Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Helicopter Tourism Market Breakdown, by Tourism Type, 2020 and 2028 (%)
Figure 25. North America Helicopter Tourism Market Breakdown, by Ownership Type, 2020 and 2028 (%)
Figure 26. North America Helicopter Tourism Market Breakdown, by Country, 2020 and 2028 (%)
Figure 27. US Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Canada Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Mexico Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Europe Helicopter Tourism Market Breakdown, By Tourism Type, 2020 and 2028 (%)
Figure 32. Europe Helicopter Tourism Market Breakdown, By Ownership Type, 2020 and 2028 (%)
Figure 33. Europe Helicopter Tourism Market Breakdown, By Country, 2020 and 2028 (%)
Figure 34. France Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 35. Germany Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 36. Italy Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 37. Russia Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 38. UK Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 39. Rest of Europe Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 40. APAC Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 41. APAC Helicopter Tourism Market Breakdown, by Tourism Type, 2020 and 2028 (%)
Figure 42. APAC Helicopter Tourism Market Breakdown, by Ownership Type, 2020 and 2028 (%)
Figure 43. APAC Helicopter Tourism Market Breakdown, by Country, 2020 and 2028(%)
Figure 44. Australia Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 45. China Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 46. India Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 47. Japan Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 48. South Korea Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 49. Rest of APAC Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 50. Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 51. Middle East & Africa Helicopter Tourism Market Breakdown, by Tourism Type, 2020 and 2028 (%)
Figure 52. Middle East & Africa Helicopter Tourism Market Breakdown, by Ownership Type, 2020 and 2028 (%)
Figure 53. Middle East & Africa Helicopter Tourism Market Breakdown, by Key Countries, 2020 and 2028(%)
Figure 54. South Africa Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 55. Saudi Arabia Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 56. UAE Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 57. Rest of Middle East & Africa Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 58. South America Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 59. South America Helicopter Tourism Market Breakdown, by Tourism Type, 2020 and 2028 (%)
Figure 60. South America Helicopter Tourism Market Breakdown, by Ownership Type, 2020 and 2028 (%)
Figure 61. South America Helicopter Tourism Market Breakdown, by Key Countries, 2020 and 2028(%)
Figure 62. Brazil Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 63. Argentina Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
Figure 64. Rest of South America Helicopter Tourism Market Revenue and Forecast to 2028 (US$ Million)
The List of Companies - Helicopter tourism Market
- Accretion Aviation
- Bird's Eye View Helicopters LLC
- Liberty helicopter
- Cape Town Helicopters
- Helicopter Flight Services, Inc.
- Maverick Aviation Group
- Papillon Grand Canyon Helicopters
- Zip Aviation
- Heli Chicago
- Lisbon Helicopters
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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