As per the research report titled ‘Europe Helicopter Market Forecast 2027 By Sales Channel, By End-Use, By Component, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Europe helicopter market is estimated to accumulate a valuation of USD 18 billion by the end of 2027.

Substantial investments directed towards development of civil aviation and air transport are fostering Europe helicopter market growth.

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The outbreak of the Covid-19 pandemic had negatively impacted the growth dynamics of the industry in 2020, due to supply disruptions in the wake of lockdown mandates across Europe.

Despite the slow start, the pandemic has led to sizable gains following the initial phase as helicopters played a crucial role in transporting critical patients and other medical supplies in order to reduce the burden on hospitals and other healthcare facilities.  

Moving on, the marketplace is bifurcated on the basis of component, end use, sales channel, and regional terrain.

Speaking of end user scope, the military segment is likely to generate substantial gains during the forecast period, owing to growing cross-border crises, and the augmented usage of helicopters in transporting essential supplies by the military in the event of natural disaster rescue operations.

Meanwhile, the commercial segment is anticipated to witness a surge during the analysis timeframe, owing to rising disposable incomes of individuals that allow them to purchase helicopters privately and utilize them for leisure or travel purposes.

From a geographical standpoint, France industry is slated to grow tremendously through 2027, as the nation is making steady advancements towards developing an unmanned helicopter. Reliable sources claim that in April 2021, the French Armed Forces Minister officially signed an order for eight new H225Ms as well as a second VSR700 prototype, as with the versatile capabilities and extraordinary range, H225M would become an invaluable asset to the French Armed forces.

The competitive terrain of Europe helicopter marketplace 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.