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Global helicopters market: Fastest growing segment of aviation

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Annual Industry Dossier - Global Military and Civil Helicopter & Rotorcraft Industry - 2013-2014 - Key Trends, Strategic Insights, Issues & Challenges, SWOT, Force Field Analysis & Strategic Outlook - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-04 15:12:01
Helicopters & rotorcrafts has been one of the fastest growing segments in the general aviation industry of-late with a 21% growth registered by it in 2012. The military helicopters segment is being driven by rapidly expanding role of helicopters in the overall force structure of armed forces globally, in addition, to their evolving role as significant force multipliers & rapidly increasing capabilities, especially, with the rise of rotorcrafts & their increasing indispensability for conducting a wide range of military operations & missions, besides, the imminent, significant replacement demand for ageing military helicopters emanating from traditional as well as emerging markets despite the ongoing, significant pressure on defense budgets across traditional markets.

The civil helicopter segment, on the other hand, is being driven by development of new product platforms by almost all key global OEMs incorporating cutting-edge technologies delivering enhanced operating economics & performance features, foray into entirely new segments, like super-midsize, and significant potential replacement demand likely to originate from the global offshore oil & gas exploration sector.

The industry landscape has been evolving rapidly, marked by rapid & significant technological developments amid massive defense budget cuts underway across almost all key global economies coupled with difficult overall Macroeconomic Conditions as well as complex & challenging Geo-Political Situations & Equations; while almost all Key Global Industry Players invest significantly towards development of new product platforms as well as technologies in a bid to capitalize on potential replacement demand and to stir up latent demand, in addition, to strengthening of global service & sustainment support network in-line with the ongoing trend of gradual defragmentation of demand concentration away from North America towards emerging markets.

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