According to the research report titled ‘Helicopter Market Size By End-Use, By Component, By Sales Channel, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, global helicopter market is anticipated to grow significantly during 2020-2026.
 

Factors such as escalating demand from military and medical services, and presence of advantageous attributes such as versatility, high speed, and ability to gain access in confined areas are augmenting global helicopter market size.
 

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Furthermore, increasing adoption of helicopters by radio and television stations to acquire footage of events as well as information regarding traffic status along with utilization of the aircraft for taking pictures and filming at high altitudes are stimulating global helicopter market outlook.
 

Based on end-user terrain, the transport sub-segment of the commercial segment is predicted to witness substantial expansion during 2020-2027, owing to increasing air travel by affluent population and flourishing tourism sector.
 

On the other hand, global helicopter market from the reconnaissance military end-use segment is set to witness unprecedented expansion through 2026, on account of increasing investments towards the overhaul of fleet.
 

With regards to component type, the rotary systems segment is predicted to emerge as a lucrative opportunity for global helicopter market over the forecast period. Surging demand for fuel-efficient twin engine helicopters coupled with increasing offshore activities are fostering the growth of the segment.
 

Alternatively, the avionics component segment is also estimated too record substantial expansion through 2026, primarily due to escalating demand for upgradation of military as well as commercial helicopters along with increasing number of recreational and tourism activities.
 

Regionally, Europe helicopter market is projected to expand considerably during 2020-2027, due to surging demand for missiles and strategic alliances by industry players.
 

Latin America helicopter market is also set to register robust growth through 2027, on account of increasing farming activities in Brazil and Mexico.
 

Leading organizations that have a lasting impact on global helicopter market trends are Workhorse Group Incorporated, Volocopter GmbH, Vietnam Helicopter Corporation, Universal Helicopters, The Boeing Company, Russian Helicopters, JSC, Robinson Helicopter Company, Petroleum Helicopters International, Inc., Opener, Neva Aerospace Ltd., Mitsubishi Heavy Industries, Ltd., MD Helicopters, Inc., Lufttransport AS, Lockheed Martin Corporation, Lilium, Leonardo S.P.A., Korea Aerospace Industries, Ltd., Kitty Hawk Corporation, Kawasaki Heavy Industries, Ltd., Karem Aircraft, Inc., Kaman Corporation, Joby Aviation, Hindustan Aeronautics Limited (HAL), Gulf Helicopters, EHang, Columbia Helicopters, Incorporated, CHC Helicopter, Bell Textron Inc., Babcock International Group PLC, and Airbus Helicopters S.A.S.