According to the research report titled ‘North America Helicopter Market Forecast 2027 By Component, By End-Use, By Sales Channel, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share', available with MarketStudyReport, North America helicopter industry is expected to accrue a significant valuation worth USD 10 billion by 2027.

Acquisition of new helicopters and the optimization of current fleet by the defence sector, production of technological advanced components, and rising geopolitical issues among nations are contributing to the growth of North America helicopter market.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4384868/  

Moreover, utilization of helicopters to transporting patients and medical practitioners safely during the COVID-19 pandemic, alongside their usage to deliver COVID-19 vaccinations to remote areas impelled to the industry share in the recent past.

Analysing the market by component, the classification comprises environmental control systems, avionics, engine, aerostructures/airframe, cabin interiors, undercarriage, rotary system, and others. Among all, the aerostructure segment is estimated to account for substantial growth through 2027, because of the growing demand for innovative aero structural designs and distinct airframes for a variety of use-cases.

Speaking of the end-users, North America helicopter market is classified into the military (maritime services, reconnaissance, others) and commercial (transport, offshore sector, medical services/search & rescue, others). As compared to other segments, commercial applications are expected to gain significant traction through 2027, all thanks to the increasing per capita income, liberalization of federal laws on commercial helicopter operations, and a surge in the percentage of high-net-worth individuals all around the globe.

Moreover, the usage in medical services/search & rescue operation applications will also generate significant revenues, owing to the impressive capabilities and speed of helicopters. Due to this, they tend to be the most preferred option for reaching to remote areas and providing people with medical facilities and fulfilling their basic needs.

Moving on to the regional panorama, Canada market is poised to grow significantly through 2027, because of the quick responsiveness to people's emergency concerns amid catastrophic environmental conditions, resulting in high demand for helicopters. 

Considering the competitive outlook, Volocopter GmbH, JSC Russian Helicopters, Mitsubishi Heavy Industries Ltd., Lockheed Martin Corporation, Leonardo S.p.A., Hindustan Aeronautics Limited (HAL), Bell Textron Inc., Airbus SE, Vietnam Helicopter Corporation, The Robinson Helicopter Company, MD Helicopters Inc. (MDHI), Lilium GmbH, Kawasaki Heavy Industries Ltd., The Boeing Company, and Babcock International Group plc are defining North America helicopter market trends.