Europe Helicopter Services Market Introduction and Overview
According to SPER Market Research, the Europe Helicopter Services Market is estimated to reach USD 29.0 billion by 2033 with a CAGR of 6.81%.
The report includes an in-depth analysis of the Europe Helicopter Services Market, including market size and trends, product mix, distribution channels, and supplier analysis. The provision of air transportation via helicopters is referred to as helicopter services. Helicopters are deployed for a variety of tasks in these services, including as aerial work operations, aerial photography, aerial surveys, and passenger and cargo delivery. In sectors like aviation, tourism, oil and gas, defence, and emergency services, helicopter services are essential. Offshore helicopter services include oil rig monitoring and inspection, as well as cargo and passenger transportation. Drilling, production, relocation, decommissioning, and delivering supplies and equipment during construction and underwater research are all frequent uses for various helicopter categories, including medium, heavy, and light. Furthermore, helicopter services include oil rig monitoring and inspection, as well as cargo and passenger transportation. Drilling, production, relocation, decommissioning, and delivering supplies and equipment during construction and underwater research are all frequent uses for various helicopter categories, including medium, heavy, and light.
- Hard Airbus Helicopters has created the CityAirbus, a hybrid electric helicopter that can fly for up to 15 minutes on its own and accommodate up to four passengers. It is anticipated that the helicopter, which was created especially for urban air mobility purposes, will be utilized for short-distance travel in crowded cities.
Market Opportunities and Challenges
Opportunities: The use of hybrid and electric helicopters opens up new business opportunities. The expansion of the European helicopter services market is being driven by the deployment of electric and hybrid helicopters. To guarantee the safe and effective integration of electric and hybrid aircraft into the European aviation system, the European Aviation Safety Agency (EASA) has started developing rules for their operations.
Furthermore, Growing Need for Search and Rescue (SAR) Activities to Accelerate Industry Development. The region now needs more SAR operations due to the rise in natural catastrophes, accidents, and emergency situations. To strengthen their capacity for reaction, a number of European nations have made significant investments in SAR activities. Moreover, the Coastguard Search and Rescue (SAR) Helicopter Service, which runs a fleet of helicopters for SAR missions across the country, is the United Kingdom's specialized helicopter rescue service.
Challenges:
- Growing Environmental Concerns Could Restrain Market Expansion: The aviation industry is one of the major producers to greenhouse gas emissions, and helicopters emit a lot of noise and carbon. Several European countries have enacted stringent laws to decrease the environmental impact of helicopter operations.
- High Operating Costs: Maintenance, fuel, insurance, and pilot pay are just a few of the high operating costs associated with using helicopter services. Growth in the market is hampered by the high operational costs, especially for small and medium-sized firms.
Market Competitive Landscape
The Europe Helicopter Services market is extremely consolidated. Babcock International Group Plc., Bristow Group, CHC Helicopter Group, Heliservice International GmbH, Heli-union, Luxembourg Air Rescue, Omni Helicopters International, Petroleum Helicopters International Inc., The NHV Group, Others these are the key players for Helicopter Services market in Europe.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Application, By End User
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Regions covered | U.K, Germany, France, Italy, Russia, Rest of Europe
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Companies Covered | Babcock International Group Plc., Bristow Group, CHC Helicopter Group, Heliservice International GmbH, Heli-union, Luxembourg Air Rescue, Omni Helicopters International, Petroleum Helicopters International Inc., The NHV Group
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COVID-19 Impact on Europe Helicopter Services Market
The market for helicopter services was significantly impacted by the Covid-19 pandemic. Travel restrictions, a decline in tourism, and a decline in commercial activity all contributed to a severe downturn in the aviation industry as a whole. There was a significant fall in the demand for helicopter services related to tourism and passenger transportation. On the other hand, the market saw a rise in the demand for emergency medical services, which included assisting healthcare operations and the delivery of medical supplies.
Key Target Audience
- Research and Academic Institutions
Our in-depth analysis of the Europe Helicopter Services Market includes the following segments:
By Type:
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Heavy
Light
Medium
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By Application:
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Air Ambulance
Business and Corporate Travel
Disaster and Humanitarian Aid
Offshore
Surveying and Aerial Imaging
Transport
Others
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By End User:
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Civil
Commercial
Military
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By Region:
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U.K
Germany
France
Italy
Russia
Rest of Europe
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Key Topics Covered in the Report
- Europe Helicopter Services Market Size (FY’2023-FY’2033)
- Overview of Europe Helicopter Services Market
- Segmentation of Europe Helicopter Services Market By Type (Heavy, Light, Medium)
- Segmentation of Europe Helicopter Services Market By Application (Air Ambulance, Business and Corporate Travel, Disaster and Humanitarian Aid, Offshore, Surveying and Aerial Imaging, Transport, Others)
- Segmentation of Europe Helicopter Services Market By End User (Civil, Commercial, Military)
- Statistical Snap of Europe Helicopter Services Market
- Expansion Analysis of Europe Helicopter Services Market
- Problems and Obstacles in Europe Helicopter Services Market
- Competitive Landscape in the Europe Helicopter Services Market
- Impact of COVID-19 and Demonetization on Europe Helicopter Services Market
- Details on Current Investment in Europe Helicopter Services Market
- Competitive Analysis of Europe Helicopter Services Market
- Prominent Players in the Europe Helicopter Services Market
- SWOT Analysis of Europe Helicopter Services Market
- Europe Helicopter Services Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Helicopter Services Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Helicopter Services Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Helicopter Services Market
7. Europe Helicopter Services Market, By Type (USD Million)
7.1. Europe Helicopter Services Market Value Share and Forecast, By Type, 2023-2033
7.2. Heavy
7.3. Light
7.4. Medium
8. Europe Helicopter Services Market, By Application (USD Million)
8.1. Europe Helicopter Services Market Value Share and Forecast, By Application, 2023-2033
8.2. Air Ambulance
8.3. Business and Corporate Travel
8.4. Disaster and Humanitarian Aid
8.5. Offshore
8.6. Surveying and Aerial Imaging
8.7. Transport
8.8. Others
9. Europe Helicopter Services Market, By End User (USD Million)
9.1. Europe Helicopter Services Market Value Share and Forecast, By End User, 2023-2033
9.2. Civil
9.3. Commercial
9.4. Military
10. Europe Helicopter Services Market Forecast, 2019-2033 (USD Million)
10.1. Europe Helicopter Services Market Size and Market Share
11. Europe Helicopter Services Market, By Type, 2019-2033 (USD Million)
11.1. Europe Helicopter Services Market Size and Market Share By Type (2019-2026)
11.2. Europe Helicopter Services Market Size and Market Share By Type (2027-2033)
12. Europe Helicopter Services Market, By Application, 2019-2033 (USD Million)
12.1. Europe Helicopter Services Market Size and Market Share By Application (2019-2026)
12.2. Europe Helicopter Services Market Size and Market Share By Application (2027-2033)
13. Europe Helicopter Services Market, By End User, 2019-2033 (USD Million)
13.1. Europe Helicopter Services Market Size and Market Share By End User (2019-2026)
13.2. Europe Helicopter Services Market Size and Market Share By End User (2027-2033)
14. Europe Helicopter Services Market, By Region, 2019-2033 (USD Million)
14.1. Europe Helicopter Services Market Size and Market Share By Region (2019-2026)
14.2. Europe Helicopter Services Market Size and Market Share By Region (2027-2033)
14.3. U.K
14.4. Germany
14.5. France
14.6. Italy
14.7. Russia
14.8. Rest of Europe
15. Company Profile
15.1. Abu Dhabi Aviation Co.
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Babcock International Group Plc.
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Bristow Group
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. CHC Helicopter Group
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Heliservice International GmbH
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Heli-union
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Luxembourg Air Rescue
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Omni Helicopters International
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Petroleum Helicopters International Inc.
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. The NHV Group
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.