Europe 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)
Market Introduction
The governments have set a huge budget for upgrade and procurement of military equipment. In December 2018, the NSPA Aviation Programme completed the procurement of a new H215 Super Puma helicopter for the Spanish Air Force. The helicopter configuration with its specific mission equipment allows the performance of search and rescue (SAR) missions. This configuration includes additional fuel tanks to increase the operational range and an emergency floatation system to allow missions over the sea to be conducted. The cockpit of the helicopter incorporates advanced technologies with multi-functional displays and allows night vision goggles operations. Not only Spain but other countries such as the UK and Germany have also invested in advancing their search and rescue (SAR) helicopters, thereby creating demand for commercial helicopters. In 2019, the Italian government decided to procure the AW169M—a twin-engine, 10-seat, 4.8t helicopter—developed and manufactured by the helicopter division of Leonardo. The purchase decision was made under the broad Armed Forces Procurement Program. There was a mention of all the technical specifications that included a dedicated configuration of emergency floatation system, traffic collision avoidance system, and helicopter terrain awareness warning system, among others. Rising military expenditure on advanced and lightweight helicopters and growing demand for search and rescue (SAR) helicopters are the major factor driving the growth of the Europe helicopters market.
In case of COVID-19, Europe is highly affected specially the Russia and UK. In Europe, several countries have been experiencing a continuous surge in the number of COVID-19 infected individuals. The European aviation industry is composed of aircraft OEMs, component suppliers, airlines, and MRO service providers. The COVID-19 outbreak has affected each aviation business stakeholders' business in the region. Several contracts to acquire helicopters and aircraft were suspended in order to manage their current operational costs during COVID times and post-COVID times. This has led the aircraft OEMs and component suppliers to suffer economic loss. This factor has negatively affected the European and international helicopter market players. The decline in production volumes adversely affected the businesses of various component manufacturers. Thus, FY2020 has turned the aviation industry upside down as the aircraft manufacturers (both fixed wing aircraft and helicopters) refrained from procuring various components during the first two quarters of 2020. Thus, the Helicopter market players' businesses have been severely affected across Europe region.
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Market Overview and Dynamics
The Europe helicopters market is expected to grow from US$ 10,443.48 million in 2021 to US$ 16,383.49 million by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028. Increasing development of unmanned helicopters and use of advanced materials and technology will accelerate the market growth. Unmanned helicopters are intended to support both civilian and security missions. They are also capable of delivering cargo to hard-to-reach areas without airfields. The ILX-27 is unmanned helicopter developed by Institute of Aviation in Warsaw and Air Force Institute of Technology (AFIT) – Polish scientific and research organization. It was first unveiled in 2012. Alpin is another long-range unmanned helicopter being developed jointly by UAVOS and TITRA, a Turkish engineering company. Apart from the development of unmanned helicopters, there yet another key trend in the market. Original equipment manufacturers (OEMs) are increasingly using parts produced with carbon fiber reinforced plastics composite (CFRP) material. This material is being predominately used because it provides consistent strength to various parts of helicopters providing them higher corrosion resistance and reducing their weight. OEMs that use CFRP material include Airbus S.A.S and Boeing Corporation. Further, OEMs are significantly using artificial intelligence to improve the aircraft production and enhance the safety provision of aircrafts. For instance, Boeing Corporation has developed machine-learning algorithms to design aircraft and automate factory operations.
Key Market Segments
In terms of type, the single rotor segment accounted for the largest share of the Europe helicopters market in 2020. In terms of weight, the medium weight segment held a larger market share of the Europe helicopters market in 2020. Further, the commercial & civil segment held a larger share of the Europe 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 Europe 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 Europe 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 Europe helicopters market
- Efficiently plan M&A and partnership deals in Europe 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 Europe helicopters market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Helicopters Market Segmentation
Europe Helicopters Market - By Type
- Single Rotor
- Multi Rotor
- Tilt Rotor
Europe Helicopters Market - By Weight
- Light Weight
- Medium Weight
- Heavy Weight
Europe Helicopters Market - By Application
- Commercial & Civil
- Transport
- Emergency Rescue
- Utility
- Training
- Military
- Attack and Reconnaissance
- Maritime
- Transport Search and Rescue
- Training
Europe Helicopters Market - By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe 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 Europe Helicopters Market – By Type
1.3.2 Europe Helicopters Market – By Weight
1.3.3 Europe Helicopters Market – By Application
1.3.4 Europe Helicopters Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe 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. Europe Helicopters Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Search and Rescue (SAR) Helicopters
5.1.2 Rising Military Expenditure on Advanced and Lightweight Helicopters
5.2 Market Restraints
5.2.1 Dearth in the Adoption of Advanced Helicopters
5.3 Market Opportunities
5.3.1 Growing Demand of Helicopters due Aging Fleet
5.4 Future Trends
5.4.1 Increasing Development of Unmanned Helicopters and Use of Advanced Materials and Technology
5.5 Impact Analysis of Drivers and Restraints
6. Helicopters Market – Europe Analysis
6.1 Europe Helicopters Market Overview
6.2 Europe Helicopters Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Helicopters Market Analysis – By Type
7.1 Overview
7.2 Europe 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. Europe Helicopters Market Analysis – By Weight
8.1 Overview
8.2 Europe 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. Europe Helicopters Market Analysis – By Application
9.1 Overview
9.2 Europe 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. Europe Helicopters Market – Country Analysis
10.1 Overview
10.1.1 Europe: Helicopters Market- by Key Country
10.1.1.1 Germany: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Helicopters Market- By Type
10.1.1.1.2 Germany: Helicopters Market- By Weight
10.1.1.1.3 Germany: Helicopters Market- By Application
10.1.1.2 France: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Helicopters Market- By Type
10.1.1.2.2 France: Helicopters Market- By Weight
10.1.1.2.3 France: Helicopters Market- By Application
10.1.1.3 Italy: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Helicopters Market- By Type
10.1.1.3.2 Italy: Helicopters Market- By Weight
10.1.1.3.3 Italy: Helicopters Market- By Application
10.1.1.4 UK: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Helicopters Market- By Type
10.1.1.4.2 UK: Helicopters Market- By Weight
10.1.1.4.3 UK: Helicopters Market- By Application
10.1.1.5 Russia: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Helicopters Market- By Type
10.1.1.5.2 Russia: Helicopters Market- By Weight
10.1.1.5.3 Russia: Helicopters Market- By Application
10.1.1.6 Rest of Europe: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Helicopters Market- By Type
10.1.1.6.2 Rest of Europe: Helicopters Market- By Weight
10.1.1.6.3 Rest of Europe: Helicopters Market- By Application
11. Europe Helicopters Market- COVID-19 Impact Analysis
11.1 Europe
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. Europe Helicopters Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Germany: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)
Table 11. France: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)
Table 14. Italy: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 15. Italy: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)
Table 17. UK: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 18. UK: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)
Table 19. UK: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 20. UK: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)
Table 21. UK: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 23. Russia: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)
Table 24. Russia: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 25. Russia: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)
Table 26. Russia: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe: Helicopters Market- By Type –Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Europe: Helicopters Market- By Weight –Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of Europe: Helicopters Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 30. Rest of Europe: Helicopters Market- By Commercial and Civil – Revenue and Forecast to 2028 (US$ Million)
Table 31. Rest of Europe: Helicopters Market- By Military– Revenue and Forecast to 2028 (US$ Million)
Table 32. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Helicopters Market Segmentation
Figure 2. Europe Helicopters Market Segmentation – By Country
Figure 3. Europe 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. France was the Largest Revenue Contributor in 2020
Figure 8. Europe Helicopters Market– Porter’s Five Forces Analysis
Figure 9. Europe Helicopters Market– Ecosystem Analysis
Figure 10. Expert Opinions
Figure 11. Europe Helicopters Market Impact Analysis of Drivers and Restraints
Figure 12. Europe Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Helicopters Market Revenue Share, by Type (2020 and 2028)
Figure 14. Europe Single Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Multi Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Tilt Rotor: Helicopters Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Helicopters Market Revenue Share, by Weight (2020 and 2028)
Figure 18. Europe Light Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Medium Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Heavy Weight: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Helicopters Market Revenue Share, by Application (2020 and 2028)
Figure 22. Europe Commercial and Civil: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Transport: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Emergency Rescue: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Utility: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Training: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe Military: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe Attack and Reconnaissance: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe Maritime: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe Transport Search and Rescue: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Europe Training: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe: Helicopters Market, by Key Country – Revenue (2020) (USD Million)
Figure 33. Europe: Helicopters Market Revenue Share, By Key Country (2020 and 2028)
Figure 34. Germany: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. France: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Italy: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. UK: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Russia: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Rest of Europe: Helicopters Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Impact of COVID-19 Pandemic in European Country Markets
- 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
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