Bell Helicopter Textron Inc., AVIC Helicopter Company, Airbus Helicopters, Leonardo Helicopters, MD Helicopters Inc., Korea Aerospace Industries Ltd., Hindustan Aeronautics Ltd., Enstrom Helicopter Corporation, Sikorsky Aircraft Corporation, Russian Helicopters JSC and Robinson Helicopter Company are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Civil Helicopter Market.
Civil Helicopter Global Market – Overview
Civil Helicopter Market, although considered as sluggish or slow moving market and have acquired a meagre share in the aerospace industry over the years; the market has witnessed a considerable growth owing to its effectiveness in reaching the Remote, High Altitude area and Natural Disasters affected areas and efficiency of saving innumerable lives, protecting property and providing support after infrastructure was destroyed.
The Global Civil Helicopter Market is growing at a steady pace. According to a recent study report published by the Market Research Future, The global market of Civil Helicopter will grow moderately over the forecast period. The market is forecasted to witness s slow but steady growth by 2023, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2023).
In the recent years, there has been major focus on enabling the helicopters for operation in remote areas and in areas where airfields are under development or completely non-existent by using vertical take-off and landing capabilities. Moreover, the increasing demand for offshore transportation and demand for helicopters in Emergency Medical Services (EMS) & law enforcement are some of the major factors driving the market growth.
The current year (2017) was overwhelmed with unprecedented earthquakes, fires, hurricanes, flooding and other natural disasters. And the world witnessed an extensive wildfire season in British Columbia region, Chile, Portugal and California also reported historic fires and the wildfire seasons overall continued to get longer and more intense. In July this year, a series of lightning stroked the Caribu region igniting more than 150 fires within a few hours.
Major wildfires north of San Francisco triggered the largest mobilization of fire fighting air tankers and helicopters capable of waterbombing arrived in recorded time span to rescue. While the West Coast of North America was busy dealing these natural disasters; farther South America Region was oblivious about what is going to serve in their plates in the form of Massive Earthquake, on 7th. Sep this year, the strongest earthquake hit Mexico. And then followed the Hurricane Irma and Hurricane Maria affecting Atlantic and Caribbean respectively.
During all these disasters, Helicopters were the first responders swooped in to help the injured amid collapsed buildings and cries for help. With the High-speed wing-borne flights, Helicopters aided residents by delivering much-needed humanitarian assistance, supporting damage assessments and providing vital support to infrastructure repair and stabilization efforts. In every case, Civil Helicopters have rescued stranded civilians, delivered life-saving medical services to the injured and provided essential disaster relief.
Civil Helicopter Market - Competitive Analysis
The global Market of Civil Helicopter appears to be highly competitive with the presence of giant players having global existence and players with regional or international existence. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. These Players invest heavily in the R&D to develop a technology that is completely on a different level compared to their competition.
To highlight the company’s capabilities in integrating systems to meet varied customer requirements, the well established players operating in the Civil Helicopter Market, facilitate demos of their integrated CMC Electronics helicopter cockpit.
Cyber Security is a paramount priority for both OEMs and manufacturers of on-board equipment, this is due to growing number of connected civil helicopters and the range of potential vulnerabilities grown with it. These manufacturers are working towards the overall goal of ensuring strong defence system in place, highly resilience or helicopter’s ability to operate effectively in spite of an attempted cyber-attack. Some companies are even taking up the initiatives to be led by a team of company cyber experts. This group conducts robust analysis of systems, tests their defences, and ensures that our customers have peace of mind that the products we are delivering are cyber resilient
Report Details @ https://www.marketresearchfuture.com/reports/civil-helicopter-market-3880