Europe Helicopters Market Size (2024 - 2029)

The European helicopters market is experiencing growth driven by increased defense spending in countries like the United Kingdom, France, Germany, and Russia, which supports the acquisition and development of military helicopters for national security. Additionally, the civil helicopter segment is also expanding due to innovative programs aimed at developing advanced ultralight helicopters with enhanced safety features. Technological advancements, such as the integration of satellite-based navigation systems, are further contributing to the market's expansion.

Market Size of Europe Helicopters Industry

European helicopters market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 2.50 %

Major Players

European helicopters market size

*Disclaimer: Major Players sorted in no particular order

Europe Helicopters Market Analysis

The European helicopters market is expected to exhibit a growth rate of more than 2.5% during the forecast period (2020 - 2025).

  • The increase in defense expenditure by countries, such as the United Kingdom, France, Germany, and Russia, in the region, is supporting the procurement and development of military helicopters for national security and military assistance in combat prone geographies and this factor is propelling the growth of the market in the region.
  • The market for civil helicopters is also expected to show a significant growth rate owing to the collaborative and innovative programs in the region. Programs, such as DISRUPT (Development of an innovative and safe ultralight, two-seater turbine helicopter), aims at developing enhanced ultralight helicopters with parachute safety mechanisms. The currently manufactured ultralight helicopters are produced using old technology which has resulted in several casualties over the years.
  • Technological advancements like implementation of common platform technology, such as European Geostationary Navigation Overlay Service (EGNOS), which is a satellite-based augmentation system operated by European GSA, are deployed in European helicopters and enhances the usage of Global Position System and other region-based satellite navigation systems. The aforementioned factors are propelling the growth of the market.

Europe Helicopters Industry Segmentation

The European helicopters market report covers the latest trends and technological developments as well as provide analysis on various aspects of the market, such as development and revenue generation from various types of helicopters according to maximum take-off weight and application.

Maximum Take-off Weight
Light Helicopters
Medium Helicopters
Heavy Helicopters
Application
Military
Civil and Commercial
Geography
Europe
United Kingdom
France
Germany
Italy
Spain
Russia
Rest of Europe
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Europe Helicopters Market Size Summary

The European helicopters market is poised for growth, driven by increased defense spending and technological advancements. Countries like the United Kingdom, France, Germany, and Russia are investing significantly in military helicopters to bolster national security and address military tensions, particularly in Eastern Europe. This surge in defense expenditure is complemented by innovative programs such as DISRUPT, which focuses on developing ultralight helicopters with advanced safety features. The integration of technologies like the European Geostationary Navigation Overlay Service (EGNOS) enhances the functionality of helicopters, further propelling market expansion. The civil helicopter sector is also expected to experience notable growth due to collaborative efforts and technological innovations in the region.

The market landscape is characterized by a few dominant players, including Airbus SE, The Boeing Company, Leonardo SpA, and Rostec, who collectively hold a significant share of the market revenue. These companies leverage strategic collaborations and product innovations to secure contracts and maintain competitiveness. Russia, with its substantial defense budget, plays a crucial role in the market, both as a major manufacturer and exporter of helicopters. The country's investment in new manufacturing technologies, such as 3D printing, underscores its commitment to advancing helicopter development. The European helicopter market's growth trajectory is supported by these factors, as well as ongoing procurement plans and collaborations among key industry players.

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Europe Helicopters Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Maximum Take-off Weight

      1. 2.1.1 Light Helicopters

      2. 2.1.2 Medium Helicopters

      3. 2.1.3 Heavy Helicopters

    2. 2.2 Application

      1. 2.2.1 Military

      2. 2.2.2 Civil and Commercial

    3. 2.3 Geography

      1. 2.3.1 Europe

        1. 2.3.1.1 United Kingdom

        2. 2.3.1.2 France

        3. 2.3.1.3 Germany

        4. 2.3.1.4 Italy

        5. 2.3.1.5 Spain

        6. 2.3.1.6 Russia

        7. 2.3.1.7 Rest of Europe

Europe Helicopters Market Size FAQs

The Europe Helicopters Market is projected to register a CAGR of greater than 2.5% during the forecast period (2024-2029)

Leonardo S.p.A, Airbus SE, Rostec, The Boeing Company and Textron Inc. are the major companies operating in the Europe Helicopters Market.

European Helicopters Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)