Helicopter Market Size, Share, Growth Analysis, By Point of Sale(OEM, Aftermarket, heavy helicopters), By OEM by type(Military ( Heavy Helicopters ( >8.5 Tons), Medium Helicopters (4.5 -8.5 Tons), Light Helicopters ( <4.5 Tons)), Civil & Commercial (Heavy Helicopters ( >9.0 Tons)), By OEM by Application(Military (Attack & Reconnaissance Helicopters, Transport Helicopters, Maritime Helicopters, Training Helicopters), By OEM by Component & System(Airframe (Aerostructures, Main Rotor Systems, Cabin Interiors, Anti-torque Systems), By OEM by number of engines(Twin Engines, Single Engines), By Aftermarket by Component & System(Aerostructures, Main Rotor Systems, Avionics, Landing Gear Systems), By Region - Industry Forecast 2024-2031

Geographically, North America dominated the market in the previous years and is expected to lead over the forecast period owing to strong military demand, established manufacturers, and diverse applications. The military in the U.S. is significantly investing in advanced technology for helicopters, thus impacting the need for both upgraded and new military helicopters. Most manufacturers have their headquarters in the United States including manufacturing facilities, supporting the market growth in the region. Also, the region holds a wider range of helicopter applications like offshore oil and gas, medical tourism, and law enforcement, resulting in strong market growth. The key players profiled in the region include Bell Helicopter, Sikorsky Aircraft, Airbus Helicopters, Robinson Helicopter Company, Enstrom Helicopter Corporation, MD Helicopters, and more.  

Asia-Pacific is the fastest-growing region in the global helicopter market due to the rising demand for air travel, expansion of military, and infrastructural development. Rising disposable income and speedy urbanization are a few major drivers of the market in the region. They are notably increasing the demand for helicopter facilities in tourism, transportation, and several emergency cases. Nations like India, China, and Japan are notably investing in their military competencies, resulting in mounting demand for improved military helicopters. Also, key investments are seen in aviation infrastructure, comprising air traffic management and heliports, streamlining helicopter operations. These factors are projected to drive the market in the region.