2018-2024 Global Helicopter Market Size: Forecast Analysis by Product Type, by Main Application, by top Regions

Helicopter demands are increasing due to its special characteristics such as landing and take-off. The global helicopters market is growing at a significant rate, due to mounting need for lightweight helicopters and augmented requirement for emergency medical services helicopters. Different applications contributed to the helicopters market size. The market has witnessed high demand for military helicopters in the coming years due to its exclusive maneuverability characteristics, and enhanced technologies that the helicopters are armed with.

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Technological advancements such as electro-optical and infrared systems (EOIR), electronic flight instruments (EFI), improved flight vision systems (EFVS) for heliport, ultra-light multi-mode radar, multirole combat helicopters with incorporated avionics and weapons and improved innovative cockpits and mounting digital helicopter condition-monitoring are the trends in the helicopters market.

Augmented requirement for EMS (Emergency Medical Services) helicopters, mounting need for military helicopters, mounting use of helicopters in disaster relief, and mounting need for lightweight helicopters are the primary growth drivers for helicopters market. Mounting need for fuel-efficient turboshaft engines and advancement in avionics to enhance safety features are also facilitating the growth for the helicopters market.

Geographically, North America accounted the largest share in the market due to retirement of the old generation helicopters and augmented usage of helicopter. Asia-Pacific is observed to witness fastest growth in the market due to expending an enormous amount on the progress of civil and military helicopter fleet. Mounting need for helicopters, and upsurge in defense spending are also up surging growth of the Asia-Pacific helicopters market.

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Key players in the helicopters market are catering the demand by development of medium helicopters and investing on technologically advanced products across the globe. In August 2018, Hiratagakuen strengthens Japan’s aeromedical operations with Airbus fleet. Airbus Helicopters SAS, Korea Aerospace Industries, Ltd., Lockheed Martin Corporation, Bell Helicopter Textron Inc., Robinson Helicopter Company, Turkish Aerospace Industries, Inc., Leonardo S.P.A., Kawasaki Heavy Industries, Ltd., Boeing, Md Helicopters, Inc. and Hindustan Aeronautics Limited (HAL) are the key players offering helicopters.


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Global Hybrid Vehicle Market 2019 Size, Trends, Industry Analysis, Leading Players & Future Forecast by 2024

Hybrid vehicle is a vehicle exhausting two diverse forms of power such as an internal combustion engine and an electric motor. The global hybrid vehicle market is growing at significant rate, due to mounting alarm about environmental pollution and promising government strategies and supports. Different propulsion type contributed to the hybrid vehicle market size. The market has witnessed high demand for PHEV segment in the coming years due to mounting acceptance of mid and large-sized vehicles and the improvement of electric setup.

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The different vehicle types in the market are passenger cars and commercial vehicles. Among the all vehicle type, the passenger cars accounted the larger share in the hybrid vehicle market due to high demand for personal mobility, improved lifestyle, mounting need for mid and large sized cars and mounting per capita income. In addition, the commercial vehicle segment is expected to grow at the faster rate in the market due to benefits of commercial vehicle such as amplified driving range, easiness of application of hybrid vehicle technology, elevated emphasis of OEMs to decrease emissions and fuel efficacy.

Globally industry players are leveraging market growth through launching new products. In addition, establishing manufacturing units for hybrid vehicles involve enormous capital and resource, which is not viable for the small and medium sized companies. Different players are investing in development of new battery technology to lower the cost of hybrid vehicles to compete against gasoline vehicles in terms of price and performance. In the coming years, industry leaders are anticipated to significantly lower the cost of these vehicles and enhance performance of these vehicles leading to adoption by masses.
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Geographically, Asia-Pacific is the largest hybrid vehicle market as it is home to various key players. Amplified sale of hybrid vehicles in Japan, South Korea and China, changing lifestyle, improving disposable income, mounting alertness about the advantages of hybrid vehicle, higher fuel price and government support and grants are also up surging growth of the Asia-Pacific hybrid vehicle market.

Key players in the hybrid vehicle market are catering the demand by collaborating with small players and investing on technologically advanced hybrid vehicle across the globe. In March 2018, Toyota and Suzuki Motor Corporation have signed an agreement for the conjoint supply of hybrid and other vehicles among the two companies for the Indian market. Toyota, Hyundai, ZF, Ford, Honda, Borgwarner, Volvo, Delphi Technologies, Daimler, Allison Transmission, Continental and Schaefler are the key players offering hybrid vehicle.


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