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Helicopter Market is estimated to witness lucrative growth from 2020 to 2026

Browse key industry insights spread across 240 pages with 281 market data tables & 37 figures & charts from the report, u201cHelicopters Market Size By Component (Aerostructures/Airframe, Rotary System, Engine, Undercarriage, Avionics, Cabin Interiors, Environmental Control System), By End-Use (Commercial [Transport, Medical Services/ Search & Rescue, Offshore Sector], Military [Reconnaissance, Maritime Surveillance]), By Sales Channel (OEM, MRO), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 u2013 2026u201d in detail along with the table of contents:<br>https://www.gminsights.com/industry-analysis/helicopter-market<br>

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Helicopter Market is estimated to witness lucrative growth from 2020 to 2026

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  1. Helicopter Market To Surpass The $57 Billion By 2026 : Global Market Insights, Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Helicopter Market Scenario: • Helicopter market growth is likely to depict a surge from military end-use sector on account of heavy investments in the defense sector. Incorporation of several connectivity capabilities, such as C4IR is likely to incentivize industry growth. Several innovative technologies, such as laser sintering and additive manufacturing are being integrated into helicopters. • A research study conducted by Global Market Insights, Inc., predicts that helicopter market size will surpass the $57 billion mark by 2026. • A series of investments outlaid by governments for defense sector expansion to depict aerial ascendancy has propelled helicopter market growth in recent times. Of late, helicopters are extensively used in tourism, agriculture, transportation, cargo, military, construction, and offshore activities. The product is easy to modify in accordance with the requirement, which has significantly translated into massive demand for helicopters. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Regional Analysis of Helicopter Market : • Several countries, including Iraq, Iran, Kuwait, Qatar, Saudi Arabia, the UAE, Angola, and Algeria are playing a major part in expanding the scope of offshore activities. In accordance, offshore segment is predicted to register a CAGR of around 4% over the forecast period. • Elaborating on the regional perspective, Middle East & Africa is poised to emerge as a vital geographical avenue, given the presence of the Organization of the Petroleum Exporting Countries (OPEC) countries. These nations are playing a major role in satisfying the soaring demand for crude oil by expanding their barrel capacity to raise per day production. This extensive offshore mining involves the need for a widespread helicopter network, which will positively impact the regional helicopter market outlook. It is estimated that MEA helicopter industry will register a CAGR of more than 2% over 2020-2026.

  4. Application Analysis of Helicopter Market : • Surging offshore activities across the world are likely to push the revenue graph of commercial end-use sector in helicopter industry. In 2019, offshore segment accounted for a 23% share in total market revenue, which can be attributed to the towering oil & gas mining activities. In 2018, the U.S. oil production recorded 10.96 million barrels per day, an upsurge of 17% as compared to 2017. Offshore activities contributed toward a share of 16% in the total amount of oil extracted. • Need for upgrades in aging helicopters to prolong their lifespan has intensified recently, which has generated profit-making opportunities for MROs. Existing models are being updated by changing or modifying their engines to bring operational improvements. Airframes and aerostructures of existing helicopters are witnessing an upgrade to withstand various environmental effects, including corrosion and rust, which will enhance the potential of MRO segment in helicopter industry.

  5. Competitive Market Share of Helicopter Market : • Helicopter Market is a fragmented one with a large number of manufacturers present globally. Key players contributing towards the industry expansion include Airbus Helicopters S.A.S, Babcock International Group PLC, Bell Helicopters, CHC Helicopters, Columbia Helicopters, Ehang, Gulf Helicopters, Hindustan Aeronautics Limited (HAL), Joby Aviation, Kaman Corporation, Karem Aircraft, Kawasaki Heavy Industries Ltd., Kitty Hawk, Korea Aerospace Industries Ltd., Leonardo S.p.A, Lilium, Lockheed Martin Corporation, Lufttransport, Md Helicopters, Inc., Mitsubishi Heavy Industries Ltd., Neva Aerospace, Opener, Petroleum Helicopters International Inc., Robinson Helicopter, Russian Helicopter, JSC, Boeing, Universal Helicopters, Vietnam Helicopter Corporation, Volocopter, Workhorse Group

  6. Browse Full Market Research Report On Helicopter Market@ https://www.gminsights.com/industry-analysis/helicopter-market Request for Sample Report Copy @ https://www.gminsights.com/request-sample/detail/4576 Console Market

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