Medium And Heavy-lift Helicopters Market Size (2024 - 2029)

The Medium and Heavy-lift Helicopters Market is experiencing growth driven by increasing demand in both commercial and military sectors. In the commercial realm, these helicopters are being utilized for various applications, including tourism, medical and emergency services, transportation, law enforcement, and offshore operations. Meanwhile, the military sector is witnessing a rising need for multi-role and utility helicopters, prompting many countries to seek replacements for their outdated fleets. The introduction of technologically advanced helicopters is expected to further bolster the market's expansion.

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Market Size of Medium And Heavy-lift Helicopters Industry

Medium And Heavy-lift Helicopters Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 19.89 Billion
Market Size (2029) USD 24.03 Billion
CAGR (2024 - 2029) 3.86 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Medium And Heavy-lift Helicopters Market Major Players

*Disclaimer: Major Players sorted in no particular order

Medium and Heavy-Lift Helicopters Market Analysis

The Medium And Heavy-lift Helicopters Market size is estimated at USD 19.89 billion in 2024, and is expected to reach USD 24.03 billion by 2029, growing at a CAGR of 3.86% during the forecast period (2024-2029).

  • There is a growing demand for medium- and heavy-lift helicopters in the commercial sectors, with their increasing use in different applications, such as tourism, medical and emergency rescue services, transportation, law enforcement, and offshore helicopter services. In the military, the demand for medium-lift multi-role and utility helicopters is increasing from almost every region in the world, driving the market's growth.
  • The development of newer generation helicopters with increased technological advancement will further support the market's growth, especially in the military sector, as several countries look to replace their aging fleet of medium—and heavy-lift helicopters.

Medium and Heavy-Lift Helicopters Industry Segmentation

Medium-lift helicopters can carry loads ranging from 6,000 lbs to 18,000 lbs. Loads higher than 18,000 lbs are carried by Heavy-Lift Helicopters. 

The medium and heavy-lift helicopters market is segmented by application, type, and geography. By application, the market is segmented into commercial, civil, and military. By type, the market is segmented into medium-lift and heavy-lift. The report also covers the market sizes and forecasts for the medium and heavy-lift helicopters market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).

Application
Civil and Commercial
Mlitary
Type
Medium-lift
Heavy-lift
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Middle East and Africa
United Arab Emirates
Saudi Arabia
Israel
Rest of Middle East and Africa
Latin America
Mexico
Brazil
Rest of Latin America
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Medium And Heavy-lift Helicopters Market Size Summary

The medium and heavy-lift helicopters market is poised for steady growth, driven by increasing demand across commercial and military sectors. In the commercial realm, these helicopters are increasingly utilized for tourism, medical and emergency rescue services, transportation, law enforcement, and offshore operations. The military sector also shows a rising demand for multi-role and utility helicopters, as countries worldwide seek to modernize their aging fleets. Technological advancements in helicopter design and functionality are expected to further bolster market expansion, particularly in military applications. This trend is evident in recent agreements and contracts, such as those involving Airbus Helicopters and PHI Group, as well as Poland's acquisition of AW149 helicopters from Leonardo S.p.A., which underscore the growing market interest.

Regionally, the Asia-Pacific market is experiencing significant growth, fueled by an increase in high-net-worth individuals and the subsequent rise in charter services. Countries in this region are also enhancing their military capabilities, as seen with China's introduction of the Z-20 anti-submarine helicopter. Southeast Asian nations like Indonesia, Malaysia, Singapore, and Thailand are witnessing robust demand, with companies like SFS Aviation expanding their fleets. The market is characterized by a few key players, including Airbus SE, Lockheed Martin Corporation, Textron Inc., Leonardo S.p.A., and Russian Helicopters JSC, who are focused on developing advanced helicopter models. Notable developments, such as Sikorsky's CH-53K King Stallion and the Australian Army's order of UH-60M Black Hawks, highlight the ongoing innovation and strategic investments shaping the market's future.

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Medium And Heavy-lift 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 Application

      1. 2.1.1 Civil and Commercial

      2. 2.1.2 Mlitary

    2. 2.2 Type

      1. 2.2.1 Medium-lift

      2. 2.2.2 Heavy-lift

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

      2. 2.3.2 Europe

        1. 2.3.2.1 United Kingdom

        2. 2.3.2.2 Germany

        3. 2.3.2.3 France

        4. 2.3.2.4 Russia

        5. 2.3.2.5 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 India

        3. 2.3.3.3 Japan

        4. 2.3.3.4 South Korea

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 Middle East and Africa

        1. 2.3.4.1 United Arab Emirates

        2. 2.3.4.2 Saudi Arabia

        3. 2.3.4.3 Israel

        4. 2.3.4.4 Rest of Middle East and Africa

      5. 2.3.5 Latin America

        1. 2.3.5.1 Mexico

        2. 2.3.5.2 Brazil

        3. 2.3.5.3 Rest of Latin America

Medium And Heavy-lift Helicopters Market Size FAQs

The Medium And Heavy-lift Helicopters Market size is expected to reach USD 19.89 billion in 2024 and grow at a CAGR of 3.86% to reach USD 24.03 billion by 2029.

In 2024, the Medium And Heavy-lift Helicopters Market size is expected to reach USD 19.89 billion.

Medium and Heavy-Lift Helicopters Market Report Snapshots

Medium & Heavy-Lift Helicopters Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)