According to the analysis report titled ‘Asia Pacific Helicopter Market Forecast 2027 By End-Use, By Component, By Sales Channel, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Asia Pacific helicopter Market is likely to amass a valuation of USD 12 billion by the end of 2027.

Veteran analysts claim that integration of innovative technologies in helicopters, growing popularity of the product in the commercial sector, and usage as a medium of transportation in the event of natural calamities or for leisure are the major factors propelling Asia Pacific helicopter market.

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Since the onset of Covid-19 pandemic, helicopters have become an integral, following lockdown mandates in the region, for transporting critical patients and other vital medical resources to minimize the burden of hospitals and healthcare facilities.

For the purpose of a comprehensive assessment, Asia Pacific helicopter industry is bifurcated in terms of component, end use, sales channel and regional terrain.  

Based on sales channel, the OEM segment accounted for the largest industry share in 2020, mainly attributable to the adoption of smart technologies such as laser sintering and additive manufacturing, that facilitate OEMs to boost operational efficacy and maintain a steady workflow.

Speaking of component, the rotary system segment is expected to showcase a staggering growth rate through 2027, creditable to frequent replacement and maintenance requirements of rotary systems as helicopters are repeatedly utilized under harsh weather conditions.

Considering end use, the military segment is poised to witness product adoption during 2021-2027, owing to technological upgrades in helicopters that allow them to function in tough terrains. Furthermore, unstable political conditions and wartime scenarios in nations across the globe are furthering product demand.

From a geographical standpoint, China helicopter industry is expected to showcase a healthy growth rate through the forecast period, due to the incorporation of advanced technologies such as Internet of Things, 5G connectivity, and artificial intelligence to enhance situational awareness, smart cockpits & landing gears, intelligent interaction, and boundary protection among others. In addition, in-house manufacturing capabilities due to increased government assistance has fostered growth in the regional
market.

The competitive terrain of this industry landscape is defined by key players such as Lilium GmbH, Volocopter GmbH, Vietnam Helicopter Corporation, JSC Russian Helicopters, Mitsubishi Heavy Industries Ltd., MD Helicopters Inc., Lockheed Martin Corporation, The Robinson Helicopter Company, Leonardo S.p.A., Kawasaki Heavy Industries Ltd., Hindustan Aeronautics Ltd. (HAL), and The Boeing Company among others.