Asia Pacific Helicopter Services Market Size is Expected to Hold a Significant Share By 2033 | CAGR of 6.57%

Asia Pacific Helicopter Services Market Size is Expected to Hold a Significant Share By 2033

According to a research report published by Spherical Insights & Consulting, the Asia Pacific Helicopter Services Market Size is Expected to Hold a Significant Share by 2033, at a Compound Annual Growth Rate (CAGR) of 6.57% during the projected period.

Browse key industry insights spread across 240 pages with 120 Market data tables and figures & charts from the report on the "Asia Pacific Helicopter Services Market Size, Share, and COVID-19 Impact Analysis, By Type (Light, Medium), By Application (Offshore, Air Ambulance, Business & Corporate Travel, Disaster & Humanitarian Aid, Transport, Surveying & Aerial Imaging, Others), By End User (Civil, Commercial), By Country (China, Japan, India, South Korea, Australia, Rest of the APAC), and Asia Pacific Helicopter Services Market Insights Forecasts to 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/asia-pacific-helicopter-services-market

Helicopter services offer destinations that are quite interesting to pilots who want exhilarating flights and breathtaking aerial vistas. Helicopter services are in greater demand during pilgrimage yatras in India, such as the Char Dham, Kedarnath, and Amarnath yatras, among others, and there is usually a helicopter shortage during these times. Anyone who chooses to use the helicopter service can focus on the soul-refreshing journey without having to worry about walking. Helicopters are increasingly being used to connect hard-to-reach places, particularly in Northeastern India, where the government is giving connecting inaccessible tourist destinations top priority. The Apollo Hospitals air ambulance network, in collaboration with Aviators Air Rescue, has just launched these services. However, the high cost of insurance, maintenance, and gasoline in this economic sector is a significant barrier to industry growth.

The light segment is anticipated to hold the largest revenue share throughout the forecasted period.   

Based on the type, the Asia Pacific helicopter services market is divided into light and medium. Among these, the light segment is anticipated to hold the largest revenue share throughout the forecasted period. A lightweight helicopter has a maximum takeoff weight of less than 6,000 pounds and is compact, nimble, and simple to fly. The segment currently dominates the Asia Pacific market because of the rising demand for aerial photography, sightseeing, and other uses.

The air ambulance segment is anticipated to hold the largest share of the Asia Pacific helicopter services market during the projected timeframe.   

Based on the application, the Asia Pacific helicopter services market is divided into offshore, air ambulance, business & corporate travel, disaster & humanitarian aid, transport, surveying & aerial imaging, and others. Among these, the air ambulance segment is anticipated to hold the largest share of the Asia Pacific helicopter services market during the projected timeframe. The market growth in Asia Pacific is being driven by the fact that helicopter air ambulances offer an extra layer of care for the most critically ill patients who are suffering from severe illnesses like cardiovascular arrests, severe asthma attacks, or allergic reactions, as well as injuries sustained in traffic accidents, falls, or workplace accidents where access to better medical care is limited.

Major vendors in the Asia Pacific Helicopter Services Market include Bristow Group Inc., Babcock International Group plc, Petroleum Helicopters International Inc., Aero Asahi Corporation (AAC), Nakanikon Air Co. Ltd, Pawan Hans, Mcdermott Aviation, CHC Helicopter Group, CITIC Offshore Helicopter Co. Ltd., Shaanxi Helicopter Co Ltd (SHC), and Others.

Recent Developments

• In February 2023, Safran Helicopter Engines and Hindustan Aeronautics Limited (HAL) agreed to collaborate on the development of engines for the 2013 Indian Multi-Role Helicopter (IMRH) and its navy variant, the Deck Based Multi-Role Helicopter (DBMRH). Following the Memorandum of Understanding signed on July 8, 2022, the workshare agreement outlines how the two companies in the joint venture split up the activities.

• In December 2022, the Korean Herald reported that Korea Aerospace Industries (KAI) has been awarded a USD 235 million (302-billion-won) contract by South Korea to supply 10 Light Armed Helicopters for the army.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Asia Pacific Helicopter Services Market based on the below-mentioned segments:

Asia Pacific Helicopter Services Market, By Type

• Light
• Medium

Asia Pacific Helicopter Services Market, By Application

• Offshore
• Air Ambulance
• Business & Corporate Travel
• Disaster & Humanitarian Aid
• Transport
• Surveying & Aerial Imaging
• Others

Asia Pacific Helicopter Services Market, By Country

• China
• Japan
• South Korea
• Australia
• Rest of the APAC

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter