According to the research report titled ‘Global Civil and Defence Helicopter Market (Value, Units) - Analysis By Application Type, Point of Sale (OEM, MRO), Weight, By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global civil and defence helicopter market, which accounted for a valuation of USD 25.2 billion in 2020, is likely to record a strong growth rate through 2026.

Burgeoning demand for military helicopters and lightweight helicopters as well as the growing inclination towards aerial sightseeing among masses and augmentation in defence budgeting across developing economies are the major factors fueling global civil and defence helicopter market growth.

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Apart from growth drivers and opportunities, the research literature highlights imminent challenges that may adversely affect profit margins of stakeholders during the analysis timeframe, while also divulging effective solutions to mitigate the impact.

For the purpose of comprehension, the industry landscape is bifurcated into application type, point of sale, weight range, and regional terrain.

Based on application type, the industry is subdivided into civil & commerce, and defence. Among these, the civil & commerce segment is likely to generate significant revenues during the analysis period, owing to escalating product utilization in a variety of sectors, combined with the fact that helicopters are steadily being used privately by customers.

Speaking of point of sale, worldwide civil and defence helicopter industry is bifurcated into OEMs and MRO. The OEMs segment held the largest industry share over the past few years and is expected to witness an upward growth trend through the forecast period, attributable to the advent of newer technologies that compel OEMs to manufacture advanced helicopters.  

Considering weight range, the marketplace is segregated into medium, heavy, and light. Heavy weight helicopters are expected to gain substantial traction during the analysis period as these helicopters are extensively utilized in defence and various other commercial sectors.

From a regional frame of reference, North America is a major contributor to global civil and defence helicopter industry renumeration, owing to the growing pervasiveness of helicopters in every sector and the prevalence of key industry players in the area.

The competitive framework of this business sphere is majorly influenced by prominent players such as Meggitt plc, Safran S.A., Lockheed Martin Corporation, Airbus SE, JSC Russian Helicopters, MD Helicopters Inc., Leonardo S.p.A., The Boeing Company, Changhe Aircraft Industries Corporation, and Textron Inc.