Report Code: A14488 | Pages: NA | Mar 2023 | 1382 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Helicopter-based Transportation Market
Request Now !Helicopter is a type of rotorcraft in which lift ad thrust are supplied by horizontally spinning rotors. This allows the helicopter to take off and land vertically, to hover, and to fly forward, backward, and laterally. These attributes allow helicopters to be used in congested or isolated areas where fixed-wing aircraft and many forms of vertical take-off and landing (VTOL) aircraft cannot perform. Thus, due to its VTOL feature helicopter is preferred mode transportation since, most places do not have a runway for aircraft take-off. Moreover, helicopter is being used extensively in military and defense sector for transportation of troops and military equipment. Also, helicopters low flying capabilities makes it the best option for surveillance and spraying pesticides in agriculture field. Furthermore, helicopters 360-degree manoeuvrability helps in better movement during tactical and search & rescue missions. In addition, during earthquake & floods helicopter are being used by disaster management for rescuing and providing relief to areas difficult to reach. The offshore oil rigs are the extensive users of helicopter for transportation since it is the only mode of transport to reach the rigs from land.
COVID-19 Impact Analysis:
Due to COVID-19 government across major countries have announced lockdown leading to business shutdowns. All the oil & gas and mining operations were halted during these periods which affected the demand for transportation via helicopters. Moreover, due to lockdown all the original equipment manufacturers (OEMs) had halted their helicopter manufacturing which affected demand and supply of supply of helicopters. Furthermore, during COVID-19 helicopter was extensively used by the health sector for transporting critical patients to hospitals and also transporting medical equipment to different hospitals. In addition, government has reduced military & defense budget due to the pandemic which has affected their plans for procurement of helicopter. Transportation via helicopter is an evolving sector which had a slight setback due to pandemic but is expected to recover post pandemic driving growth of helicopter-based transportation market.
Top Impacting Factors
Market Trends
Rise in demand of helicopters from military & defense
Rise in disputes between neighbouring countries and threats of terrorist attack have increased the use of helicopter for surveillance. Moreover, helicopter is used to transport military cargoes to distant difficult terrain where it is difficult to reach. Thus, government have started increasing their defense budget to procure new equipment. For instance, according to Stockholm International Peace Research Institute (SIPRI), the global military expenditure has increased by 3.6% in 2019 as compared to 2018. Therefore, rise in demand of helicopter for transportation in military & defense is expected to drive growth of helicopter-based transportation market.
Key Benefits of the Report:
Questions answered in the helicopter-based transportation market research report:
Helicopter-Based Transportation Market Report Highlights
Aspects | Details |
---|---|
By Order Type |
|
By Application |
|
By End User |
|
By Region |
|
Key Market Players | AIR CENTER HELICOPTERS, Air Charter Service India Pvt. Ltd., Bristow Group Inc., Central Helicopter Services AG, CHC Group LLC, Falcon Aviation, Global Helicopter Service GmbH, Heli-Central, Leonardo Spa, PHI Inc. |
Loading Table Of Content...
Start reading.
This Report and over 19,609+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers