Asia Pacific 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)

Code: TIPRE00023537 | Pages: 150 | Industry: Aerospace and Defense | Date: Jul 2021
Covid

Market Introduction

Geographically, the APAC helicopter market is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. The APAC helicopter market is expected to grow at the highest CAGR during 2021–2028. The growth of the market in the region is attributed to the continuous focus by the governments on strengthening their forces and operations with advanced equipment and technologies. Governments have been inviting manufacturers to provide advanced solutions for improving the helicopter fleet. They are investing in comprehensive and next generation military and commercial helicopters. China, India, Japan, South Korea, and Australia are among the key countries for the helicopter market in the region. The Indian Ministry of Defence and the Indian Coast Guard have been upgrading and advancing their military component by enhancing the military budget over a period. In 2015, China invested in enhancing the fleet by accepting the delivery of two S-76D helicopters at Sikorsky Aircraft's commercial helicopter center. The MOT’s helicopter fleet, which is the foundation of China's airborne search and rescue (SAR) maritime operations, consists of 16 S-76 helicopters, eight of which are S-76D aircraft. On a similar line, Australia is also improving its search and rescue (SAR) operation services by enhancing the capabilities and including advanced technology. All these trends are creating immense opportunity for the market players in the APAC helicopter market.

In case of COVID-19, APAC is highly affected specially India. The COVID-19 outbreak has resulted in a massive financial loss in the APAC region. The governments in APAC countries had taken possible steps to reduce its effects by announcing lockdown, which is negatively affecting the manufacturing sector. China, which is one of the leading aerospace manufacturing countries in the region, was one of the most affected countries in APAC during Q1 of 2020. Due to this, aircraft and aircraft component manufacturing facilities have been severely affected. India, Japan, and South Korea are still combating the virus. However, the countries have eased the lockdown measures, which is reflecting the restart of manufacturing facilities. Nonetheless, the remarkably lower volumes of general aviation and military helicopter production in India and Japan slowed down the demand for various components among the OEMs and aftermarket players. Currently, India is experiencing a massive outbreak of the second wave of COVID-19, leading the state governments to impose temporary lockdown measures. This factor is highlighting restrictions in helicopter production facilities. The helicopter manufacturers in India such as Hindustan Aeronautics Limited (HAL) and Tata Advanced Systems Limited (TASL), have been observing substantial disruption in the supply chain of several components, which is restraining the companies from producing pre-COVID production volumes. Hence, the domestic and international Helicopter market players supplying their products to HAL and TASL are witnessing a decline in sales.


Get more information on this report :



Market Overview and Dynamics

The APAC helicopters market is expected to grow from US$ 8,888.12 million in 2021 to US$ 15,107.16 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2021 to 2028. Surging military expenditure on advanced and lightweight helicopters will fuel the market growth in coming years. The swift change in modern-day warfare has been urging the governments to allocate higher amounts toward respective military forces. The budget allocated to military helps the military forces to engage themselves in the development of robust indigenous technologies and procurement of advanced weapons, armaments, vehicles, and other equipment from international manufacturers. There is a rise in modernization of soldiers and military vehicles among most of the military forces in order to keep the personnel and vehicles mission ready. With an objective to modernize soldiers and vehicles, the defense ministries across the APAC region are investing substantial amounts in newer technologies, including advanced helicopters. This factor is boosting the growth of the APAC helicopter market.  Government in different countries are looking to acquire new and advanced helicopters as a part of their upgrade and renewal process. For instance, in 2020, the Indian and US governments entered into a helicopter deal worth US$ 3 billion. The two agreements cover a purchase of six AH-64E Apaches for the Indian Army and 24 Lockheed Martin-Sikorsky MH-60R Romeo multimission naval helicopters for the Indian Navy. So, the surging military expenditure on advanced and lightweight helicopters will drive the market in coming years.

Key Market Segments

In terms of type, the single rotor segment accounted for the largest share of the APAC helicopters market in 2020. In terms of weight, the medium weight segment held a larger market share of the APAC helicopters market in 2020. Further, the commercial & civil segment held a larger share of the APAC helicopters market based on application in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the APAC helicopters market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Airbus S.A.S.; Bell Textron Inc.; Boeing; Enstrom Helicopter Corp.; Kaman Corporation; Leonardo S.p.A.; Lockheed Martin Corporation; MD Helicopters, Inc.; and Russian Helicopters.

Reasons to buy report

  • To understand the APAC helicopters market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC helicopters market
  • Efficiently plan M&A and partnership deals in APAC helicopters market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC helicopters market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.

APAC Helicopters Market Segmentation

APAC Helicopters Market - By Type

  • Single Rotor
  • Multi Rotor
  • Tilt Rotor 

APAC Helicopters Market - By Weight

  • Light Weight
  • Medium Weight
  • Heavy Weight

APAC Helicopters Market - By Application

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

APAC Helicopters Market - By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea      
  • Rest of APAC     

APAC Helicopters Market - 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.   
  • Russian Helicopters  

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        APAC Helicopters Market – By Type

1.3.2        APAC Helicopters Market – By Weight

1.3.3        APAC Helicopters Market – By Application

1.3.4        APAC Helicopters Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           APAC Helicopters Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Bargaining Power of Buyers

4.2.2        Bargaining Power of Suppliers

4.2.3        Threat of New Entrants

4.2.4        Threat of Substitutes

4.2.5        Competitive Rivalry

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           APAC Helicopters Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Escalating Demand for Search and Rescue (SAR) Helicopters

5.1.2        Surging Military Expenditure on Advanced and Lightweight Helicopters

5.2         Market Restraints

5.2.1        Insufficient Adoption of Advanced Helicopters

5.3         Market Opportunities

5.3.1        Mounting Demand due to Aging Helicopter Fleet

5.4         Future Trends

5.4.1        Rising Development of Unmanned Helicopters and Use of Advanced Materials and Technology

5.5         Impact Analysis of Drivers and Restraints

6.           Helicopters Market – APAC Analysis

6.1         APAC Helicopters Market Overview

6.2         APAC Helicopters Market –Revenue and Forecast to 2028 (US$ Million)

7.           APAC Helicopters Market Analysis – By Type

7.1         Overview

7.2         APAC Helicopters Market Breakdown, by Type, 2020 and 2028

7.3         Single Rotor

7.3.1        Overview

7.3.2        Single Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)

7.4         Multi Rotor

7.4.1        Overview

7.4.2        Multi Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)

7.5         Tilt Rotor

7.5.1        Overview

7.5.2        Tilt Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)

8.           APAC Helicopters Market Analysis – By Weight

8.1         Overview

8.2         APAC Helicopters Market, by Weight (2020 and 2028)

8.3         Light Weight

8.3.1        Overview

8.3.2        Light Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Medium Weight

8.4.1        Overview

8.4.2        Medium Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Heavy Weight

8.5.1        Overview

8.5.2        Heavy Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.           APAC Helicopters Market Analysis – By Application

9.1         Overview

9.2         APAC Helicopters Market, by Application (2020 and 2028)

9.3         Commercial and Civil

9.3.1        Overview

9.3.2        Commercial and Civil: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.3.3        Transport

9.3.3.1          Overview

9.3.3.2          Transport: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4        Emergency Rescue

9.3.4.1          Overview

9.3.4.2          Emergency Rescue: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.3.5        Utility

9.3.5.1          Overview

9.3.5.2          Utility: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.3.6        Training

9.3.6.1          Overview

9.3.6.2          Training: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Military

9.4.1        Overview

9.4.2        Military: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.4.3        Attack and Reconnaissance

9.4.3.1          Overview

9.4.3.2          Attack and Reconnaissance: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.4.4        Maritime

9.4.4.1          Overview

9.4.4.2          Maritime: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.4.5        Transport, Search and Rescue

9.4.5.1          Overview

9.4.5.2          Transport Search and Rescue: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

9.4.6        Training

9.4.6.1          Overview

9.4.6.2          Training: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

10.        APAC Helicopters Market – Country Analysis

10.1      Overview

10.1.1     APAC: Helicopters Market- by Key Country

10.1.1.1       Australia: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       Australia: Helicopters Market- By Type

10.1.1.1.2       Australia: Helicopters Market- By Weight

10.1.1.1.3       Australia: Helicopters Market- By Application

10.1.1.2       China: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       China: Helicopters Market- By Type

10.1.1.2.2       China: Helicopters Market- By Weight

10.1.1.2.3       China: Helicopters Market- By Application

10.1.1.3       India: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       India: Helicopters Market- By Type

10.1.1.3.2       India: Helicopters Market- By Weight

10.1.1.3.3       India: Helicopters Market- By Application

10.1.1.4       Japan: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1       Japan: Helicopters Market- By Type

10.1.1.4.2       Japan: Helicopters Market- By Weight

10.1.1.4.3       Japan: Helicopters Market- By Application

10.1.1.5       South Korea: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1       South Korea: Helicopters Market- By Type

10.1.1.5.2       South Korea: Helicopters Market- By Weight

10.1.1.5.3       South Korea: Helicopters Market- By Application

10.1.1.6       Rest of APAC: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1       Rest of APAC: Helicopters Market- By Type

10.1.1.6.2       Rest of APAC: Helicopters Market- By Weight

10.1.1.6.3       Rest of APAC: Helicopters Market- By Application

11.        APAC Helicopters Market- COVID-19 Impact Analysis

11.1      APAC

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Product Development

13.        Company Profiles

13.1      Airbus S.A.S.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Boeing

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Bell Textron Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Enstrom Helicopter Corp.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Kaman Corporation

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Leonardo S.p.A.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Lockheed Martin Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      MD Helicopters, Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Russian Helicopters

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

LIST OF TABLES

Table 1.             APAC Helicopters Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2.             Australia: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)

Table 4.             Australia: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 5.             Australia: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Australia: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)

Table 7.             China: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 8.             China: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)

Table 9.             China: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 10.          China: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)

Table 11.          China: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)

Table 12.          India: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 13.          India: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)

Table 14.          India: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 15.          India: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)

Table 16.          India: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)

Table 17.          Japan: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 18.          Japan: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)

Table 19.          Japan: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 20.          Japan: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Japan: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)

Table 22.          South Korea: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 23.          South Korea: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)

Table 24.          South Korea: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 25.          South Korea: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)

Table 26.          South Korea: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)

Table 27.          Rest of APAC: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)

Table 28.          Rest of APAC: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)

Table 29.          Rest of APAC: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 30.          Rest of APAC: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)

Table 31.          Rest of APAC: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)

Table 32.          List of Abbreviation

LIST OF FIGURES

Figure 1.           APAC Helicopters Market Segmentation

Figure 2.           APAC Helicopters Market Segmentation – By Country

Figure 3.           APAC Helicopters Market Overview

Figure 4.           Single Rotor Segment Held the Largest Market Share in 2020

Figure 5.           Medium Weight Segment Held the Largest Market Share in 2020

Figure 6.           Commercial and Civil Application Held the Largest Market Share in 2020

Figure 7.           China was the Largest Revenue Contributor in 2020

Figure 8.           APAC Helicopters Market– Porter’s Five Forces Analysis

Figure 9.           APAC Helicopters Market– Ecosystem Analysis

Figure 10.        Expert Opinions

Figure 11.        APAC Helicopters Market Impact Analysis of Drivers and Restraints

Figure 12.        APAC Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        APAC Helicopters Market Revenue Share, by Type (2020 and 2028)

Figure 14.        APAC Single Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        APAC Multi Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        APAC Tilt Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        APAC Helicopters Market Revenue Share, by Application (2020 and 2028)

Figure 18.        APAC Light Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        APAC Medium Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        APAC Heavy Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        APAC Helicopters Market Revenue Share, by Application (2020 and 2028)

Figure 22.        APAC Commercial and Civil: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        APAC Transport: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        APAC Emergency Rescue: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        APAC Utility: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        APAC Training: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        APAC Military: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        APAC Attack and Reconnaissance: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        APAC Maritime: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        APAC Transport Search and Rescue: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        APAC Training: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        APAC: Helicopters Market, by Key Country – Revenue (2020) (USD Million)

Figure 33.        APAC: Helicopters Market Revenue Share, By Key Country (2020 and 2028)

Figure 34.        Australia: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        China: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        India: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Japan: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        South Korea: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Rest of APAC: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Impact of COVID-19 Pandemic in APAC Country Markets

  1. Airbus S.A.S.
  2. Bell Textron Inc.
  3. Boeing
  4. Enstrom Helicopter Corp.
  5. Kaman Corporation
  6. Leonardo S.p.A.
  7. Lockheed Martin Corporation
  8. MD Helicopters, Inc.
  9. Russian Helicopters
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Related Tags Asia Pacific Helicopters Market Asia Pacific Helicopters Market Research Asia Pacific Helicopters Market Insight Asia Pacific Helicopters Market Trends Asia Pacific Helicopters Market Forecast Asia Pacific Helicopters Market Share Asia Pacific Helicopters Market 2028 Asia Pacific Helicopters Market Growth Asia Pacific Helicopters Industry Sector Asia Pacific Helicopters PDF Report Asia Pacific Helicopters Analysis Asia Pacific Helicopters Research Competitive Analysis

Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000