Pune, India -- (SBWIRE) -- 03/26/2018 -- Market Highlights:
Civil Helicopter Market, although considered as sluggish or slow moving market and have acquired a meagre share in the aerospace industry over the years; the market has witnessed a considerable growth owing to its effectiveness in reaching the Remote, High Altitude area and Natural Disasters affected areas and efficiency of saving innumerable lives, protecting property and providing support after infrastructure was destroyed.
The Global Civil Helicopter Market is growing at a steady pace. According to a recent study report published by the Market Research Future, The global market of Civil Helicopter will grow moderately over the forecast period. The market is forecasted to witness s slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2023).
In the recent years, there has been major focus on enabling the helicopters for operation in remote areas and in areas where airfields are under development or completely non-existent by using vertical take-off and landing capabilities. Moreover, the increasing demand for offshore transportation and demand for helicopters in Emergency Medical Services (EMS) & law enforcement are some of the major factors driving the market growth.
During all these disasters, Helicopters were the first responders swooped in to help the injured amid collapsed buildings and cries for help. With the High-speed wing-borne flights, Helicopters aided residents by delivering much-needed humanitarian assistance, supporting damage assessments and providing vital support to infrastructure repair and stabilization efforts. In every case, Civil Helicopters have rescued stranded civilians, delivered life-saving medical services to the injured and provided essential disaster relief.
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Civil Helicopter Market - Competitive Analysis
The global Market of Civil Helicopter appears to be highly competitive with the presence of giant players having global existence and players with regional or international existence. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. These Players invest heavily in the R&D to develop a technology that is completely on a different level compared to their competition.
To highlight the company's capabilities in integrating systems to meet varied customer requirements, the well established players operating in the Civil Helicopter Market, facilitate demos of their integrated CMC Electronics helicopter cockpit.
Major Key Players
Bell Helicopter Textron Inc., AVIC Helicopter Company, Airbus Helicopters, Leonardo Helicopters, MD Helicopters Inc., Korea Aerospace Industries Ltd., Hindustan Aeronautics Ltd., Enstrom Helicopter Corporation, Sikorsky Aircraft Corporation, Russian Helicopters JSC and Robinson Helicopter Company are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Civil Helicopter Market.
Industry News:
In Oct.2017, Airbus Helicopters announced that they have developed their an experimental image processing management system "Eye for Autonomous Guidance and Landing Extension" (Eagle) for autonomous vertical flight. The Eagle system will perform automatic approaches and landing in challenging conditions to raise the safety of aircraft. Test Flights are in the last stage and soon the Helicopter will be operational demonstrating the future of sense and avoidance applications for autonomous vertical take-off and landing (VTOL) systems.
8 Nov.2017, Bell Helicopter Textron Inc., a Texas-based helicopter manufacturer, signed a new sales agreement with Reignwood International Investment Group Co Ltd in Beijing. The agreement will help Bell Helicopter to solidify their relations with Reignwood and their commitment to develop Civil Helicopter industry in China.
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Civil Helicopter Market – Segments
For the convenience of the report and enhanced understanding; The Civil Helicopter Market is segmented in to 4 key dynamics
Segmentation by Engine Type: Single Engine and Twin Engine.
Segmentation by Takeoff Weight: 3,175 Kg to 5,700Kg and 5,700Kg to 9,000Kg.
Segmentation by Application: Parapublic Mission, Transportation, & Others.
Segmentation by Regions: North America, Europe, Asia-Pacific, and Rest of the World.
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