Helicopter Charter Market Growth, Trends, Size, Challenges, Scope and Future Competition 2033
Helicopter Charter Market Size- By Service, By Engine, By Charter Type, By Type, By Media and Entertainment, By Surveying Aerial Imaging- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2023 | Report ID: AERO2314 | Pages: 1 - 211 | Formats*: |
| Category : Aerospace and Defence | |||
Global Helicopter Charter Market Overview
According to SPER Market Research, the Global Helicopter Charter Market is estimated to reach USD 48.76 billion by 2033 with a CAGR of 4.28%.
Helicopter charter refers to the practice of renting a helicopter for private use. Helicopter charters are often used for sightseeing, aerial photography, transportation, corporate events, medical emergencies, and search and rescue missions. Helicopter charters offer a flexible and convenient way to travel and can provide access to remote or hard-to-reach locations. When chartering a helicopter, customers typically have the option to choose the type of helicopter, the duration of the charter, and the route or destinations they wish to visit. The cost of a helicopter charter can vary depending on factors such as the type of helicopter, the duration of the charter, and the distance travelled.
Exploring the Growth Drivers of the Global Helicopter Charter Market.
The expansion of the global air charter market is contributing to the growth of the helicopter charter market. This is due to an increasing trend for customers to opt for air shipments, as they require immediate and timely delivery of their goods. The need for quick delivery, along with last-minute capacity, has propelled the adoption of air charter, which has resulted in an expansion of the global helicopter charter market. Moreover, the market growth is being aided by the rising demand for cargo charters, as noted by leading charter operators worldwide. The growth in the air cargo market is expected to have a positive impact on both air cargo providers and cargo charter operators.
What challenges does the Global Helicopter Charter Market face?
Globally helicopter charter market face several challenges. The major challenges are, In the past, there were more than 59 helicopter accidents resulting in 147 fatalities, with significant incidents occurring in North America and Europe. To address these concerns, the Federal Aviation Administration (FAA) has implemented regulations for service providers to minimize the risk of accidents and fatalities. Certification for companies is based on adherence to these regulations. Helicopter service operators must comply with strict guidelines outlined by the FAA and other safety agencies, covering passenger and pilot safety, certification of various systems and components, safety equipment, air ambulance requirements, and more. These rigorous rules limit the entry of new service providers to the market, which can hinder the growth of the helicopter services industry.
In what ways has the COVID-19 pandemic affected Global Helicopter Charter Market?
The COVID-19 pandemic has had a significant impact on various industries, including aviation, healthcare, chemical, ICT, and automotive, among others. Most sectors have experienced negative effects on their businesses since 2020. However, after July 2020, helicopter service operators observed an increase in demand for their services, particularly in the area of helicopter emergency medical services (HEMS) from hospitals, health insurance and assistance companies, and independent end-users. Despite this, the COVID-19 pandemic may bring about a significant change in the market in the years to come. To address the challenges posed by the pandemic, companies are focusing on various factors, such as streamlining operational processes and improving inventory management to mitigate the pandemic's impact on their businesses.
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 Service, By Engine, By Charter Types, By Type, By Media and Entertainment, By Surveying Aerial Imaging |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | AB Corporate Aviation, Abu Dhabi Aviation International, Aero Asahi Corporation , Air Charter Service, Air Greenland A/S, Alpine Helicopters Inc, Air Methods Corporation, Apollo Air Services Limited, Babcock International, Bristow Helicopters Limited, Carson Helicopters Inc., Charter-A Ltd, Ericson Incorporated, Global Helicopter Service GmbH, Globe Air AG, Gulf Helicopters, Heli Air Limited, Hunt & Palmer, PHI Group, Inc, Sloane Helicopters |
Key Target Audience:
- Business executives and professionals
- Emergency medical services
- Government agencies and military organizations
- Film and TV production companies
- Healthcare Facilities
Global Helicopter Charter Market Segmentation:
1. By Service:
- Global Helicopter Charter Market Value Share and Forecast, By Service, 2023-2033
- Aerial Survey
- Air Ambulance
- Business or Corporate Travel
- Disaster and Humanitarian Relief
- Film Shooting
- Fire Fighting
- Leisure Charter
- Off Shore
- Transportation of Heavy Equipment
- Transportation of VIP and Passengers
- Transport
2. By Engine Type:
- Global Helicopter Charter Market Value Share and Forecast, By Engine Type, 2023-2033
- Single Engine
- Twin Engine
3. By Charter Type:
- Global Helicopter Charter Market Value Share and Forecast, By Charter Type, 2023-2033
- Business Charter
- Private Charter
4. By Type:
- Global Helicopter Charter Market Value Share and Forecast, By Type, 2023-2033
- Light Weight Helicopter
- Medium Weight Helicopter
- Heavy Weight Helicopter
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Helicopter Charter Market Size (FY’2023-FY’2033)
- Overview of Global Helicopter Charter Market
- Segmentation of Global Helicopter Charter Market By Service (Air Ambulance, Disaster and Humanitarian Relief, Transportation of VIP and Passengers, Aerial Survey, Film Shooting, Off Shore, Business/ Corporate Travel, Leisure Charter, Transport, Fire Fighting, Transportation of Heavy Equipment)
- Segmentation of Global Helicopter Charter Market By Engine Type (Single Engine, Twin Engine)
- Segmentation of Global Helicopter Charter Market By Charter Types (Private Charter, Business Charter)
- Segmentation of Global Helicopter Charter Market By Type (Light Weight, Medium Weight, Heavy Weight)
- Segmentation of Global Helicopter Charter Market By Media and Entertainment (Film Shooting and Special Occasions)
- Segmentation of Global Helicopter Charter Market By Surveying Aerial Imaging (Photography and 3D Scanning Mapping)
- Statistical Snap of Global Helicopter Charter Market
- Growth Analysis of Global Helicopter Charter Market
- Problems and Challenges in Global Helicopter Charter Market
- Competitive Landscape in the Global Helicopter Charter Market
- Impact of COVID-19 and Demonetization on Global Helicopter Charter Market
- Details on Recent Investment in Global Helicopter Charter Market
- Competitive Analysis of Global Helicopter Charter Market
- Key Players in the Global Helicopter Charter Market
- SWOT Analysis of Global Helicopter Charter Market
- Global Helicopter Charter Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Helicopter Charter Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Helicopter Charter Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Helicopter Charter Market
7. Global Helicopter Charter Market, By Service (USD Million)
7.1. Global Helicopter Charter Market Value Share and Forecast, By Service, 2023-20337.2. Aerial Survey7.3. Air Ambulance7.4. Business or Corporate Travel7.5. Disaster and Humanitarian Relief7.6. Film Shooting7.7. Fire Fighting7.8. Leisure Charter7.9. Off Shore7.10. Transportation of Heavy Equipment7.11. Transportation of VIP and Passengers7.12. Transport
7.12.1. Crane7.12.2. Cargo
7.13. Others
8. Global Helicopter Charter Market, By Engine Type (USD Million)
8.1. Global Helicopter Charter Market Value Share and Forecast, By Engine Type, 2023-20338.2. Single Engine8.3. Twin Engine
9. Global Helicopter Charter Market, By Charter Type (USD Million)
9.1. Global Helicopter Charter Market Value Share and Forecast, By Charter Type, 2023-20339.2. Business Charter9.3. Private Charter
10. Global Helicopter Charter Market, By Type (USD Million)
10.1. Global Helicopter Charter Market Value Share and Forecast, By Type, 2023-203310.2. Light Weight Helicopter10.3. Medium Weight Helicopter10.4. Heavy Weight Helicopter
11. Global Helicopter Charter Market, By Media and Entertainment (USD Million)
11.1. Global Helicopter Charter Market Value Share and Forecast, By Media and Entertainment, 2023-203311.2. Film Shooting11.3. Special Occasions
12. Global Helicopter Charter Market, By Surveying Aerial Imaging (USD Million)
12.1. Global Helicopter Charter Market Value Share and Forecast, By Surveying Aerial Imaging, 2023-203312.2. Photography12.3. 3D Scanning Mapping
13. Global Helicopter Charter Market Forecast, 2019-2033 (USD Million)
13.1. Global Helicopter Charter Market Size and Market Share
14. Global Helicopter Charter Market, By Service, 2019-2033 (USD Million)
14.1. Global Helicopter Charter Market Size and Market Share By Service (2019-2026)14.2. Global Helicopter Charter Market Size and Market Share By Service (2027-2033)
15. Global Helicopter Charter Market, By Engine Type, 2019-2033 (USD Million)
15.1. Global Helicopter Charter Market Size and Market Share By Engine Type (2019-2026)15.2. Global Air Quality Monitoring System Market Size and Market Share By Engine Type (2027-2033)
16. Global Helicopter Charter Market, By Charter Type, 2019-2033 (USD Million)
16.1. Global Helicopter Charter Market Size and Market Share By Charter Type (2019-2026)16.2. Global Helicopter Charter Market Size and Market Share By Charter Type (2027-2033)
17. Global Helicopter Charter Market, By Type, 2019-2033 (USD Million)
17.1. Global Helicopter Charter Market Size and Market Share By Type (2019-2026)17.2. Global Helicopter Charter Market Size and Market Share By Type (2027-2033)
18. Global Helicopter Charter Market, By Media and Entertainment, 2019-2033 (USD Million)
18.1. Global Helicopter Charter Market Size and Market Share By Media and Entertainment (2019-2026)18.2. Global Helicopter Charter Market Size and Market Share By Media and Entertainment (2027-2033)
19. Global Helicopter Charter Market, By Surveying Aerial Imaging, 2019-2033 (USD Million)
19.1. Global Helicopter Charter Market Size and Market Share By Surveying Aerial Imaging (2019-2026)19.2. Global Helicopter Charter Market Size and Market Share By Surveying Aerial Imaging (2027-2033)
20. Global Air Quality Monitoring System Market, By Region, 2019-2033 (USD Million)
20.1. Global Helicopter Charter Market Size and Market Share By Region (2019-2026)20.2. Global Helicopter Charter Market Size and Market Share By Region (2027-2033)20.3. Asia-Pacific20.3.1. Australia20.3.2. China20.3.3. India20.3.4. Japan20.3.5. South Korea20.3.6. Rest of Asia-Pacific20.4. Europe20.4.1. France20.4.2. Germany
20.4.3. Italy20.4.4. Spain20.4.5. United Kingdom20.4.6. Rest of Europe20.5. Middle East and Africa20.5.1. Kingdom of Saudi Arabia20.5.2. United Arab Emirates20.5.3. Rest of Middle East & Africa20.6. North America20.6.1. Canada20.6.2. Mexico20.6.3. United States20.7. Latin America20.7.1. Argentina20.7.2. Brazil20.7.3. Rest of Latin America
21. Company Profile
21.1. AB Corporate Aviation21.1.1. Company details21.1.2. Financial outlook21.1.3. Product summary21.1.4. Recent developments21.2. Abu Dhabi Aviation International21.2.1. Company details21.2.2. Financial outlook21.2.3. Product summary21.2.4. Recent developments21.3. Aero Asahi Corporation21.3.1. Company details21.3.2. Financial outlook21.3.3. Product summary21.3.4. Recent developments21.4. Air Charter Service21.4.1. Company details21.4.2. Financial outlook21.4.3. Product summary21.4.4. Recent developments21.5. Air Greenland A/S21.5.1. Company details21.5.2. Financial outlook21.5.3. Product summary21.5.4. Recent developments21.6. Air Methods Corporation21.6.1. Company details21.6.2. Financial outlook21.6.3. Product summary21.6.4. Recent developments21.7. Alpine Helicopters Inc21.7.1. Company details21.7.2. Financial outlook21.7.3. Product summary21.7.4. Recent developments21.8. Apollo Air Services Limited21.8.1. Company details21.8.2. Financial outlook21.8.3. Product summary21.8.4. Recent developments21.9. Babcock International21.9.1. Company details21.9.2. Financial outlook21.9.3. Product summary21.9.4. Recent developments21.10. Bristow Helicopters Limited21.10.1. Company details21.10.2. Financial outlook21.10.3. Product summary21.10.4. Recent developments21.11. Carson Helicopters Inc.21.11.1. Company details21.11.2. Financial outlook21.11.3. Product summary21.11.4. Recent developments21.12. Charter-A Ltd21.12.1. Company details21.12.2. Financial outlook21.12.3. Product summary21.12.4. Recent developments21.13. Ericson Incorporated21.13.1. Company details21.13.2. Financial outlook21.13.3. Product summary21.13.4. Recent developments21.14. Global Helicopter Service GmbH21.14.1. Company details21.14.2. Financial outlook21.14.3. Product summary21.14.4. Recent developments21.15. Globe Air AG21.15.1. Company details21.15.2. Financial outlook21.15.3. Product summary21.15.4. Recent developments21.16. Gulf Helicopters21.16.1. Company details21.16.2. Financial outlook21.16.3. Product summary21.16.4. Recent developments21.17. Heli Air Limited21.17.1. Company details21.17.2. Financial outlook21.17.3. Product summary21.17.4. Recent developments21.18. Hunt & Palmer21.18.1. Company details21.18.2. Financial outlook21.18.3. Product summary21.18.4. Recent developments21.19. PHI Group, Inc21.19.1. Company details21.19.2. Financial outlook21.19.3. Product summary21.19.4. Recent developments21.20. Sloane Helicopters21.20.1. Company details21.20.2. Financial outlook21.20.3. Product summary21.20.4. Recent developments
22. List of Abbreviations
23. Reference Links
24. Conclusion
25. 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.
Frequently Asked Questions About This Report
Helicopter Charter Market Segment is Covered By Service, By Engine, By Charter Types, By Type, By Media and Entertainment, By Surveying Aerial Imaging
The North America region is anticipated to have the highest market share in Helicopter Charter Market.
The key players in the market include Companies Covered AB Corporate Aviation, Abu Dhabi Aviation International, Aero Asahi Corporation , Air Charter Service, Air Greenland A/S, Alpine Helicopters Inc, Air Methods Corporation, Apollo Air Services Limited, Babcock International, Bristow Helicopters Limited, Carson Helicopters Inc., Charter-A Ltd, Ericson Incorporated, Global Helicopter Service GmbH, Globe Air AG, Gulf Helicopters, Heli Air Limited, Hunt & Palmer, PHI Group, Inc, Sloane Helicopters
Helicopter charter refers to the practice of renting a helicopter for private use. Helicopter charters are often used for sightseeing, aerial photography, transportation, corporate events, medical emergencies, and search and rescue missions.
Helicopter Charter Market is projected to reach USD 48.76 billion by 2033, growing at a CAGR of 4.28% during the forecast period.
Helicopter Charter Market grew in market size from 2023. The Market is expected to reach USD 48.76 billion by 2033, at a CAGR of 4.28% during the forecast period.
Helicopter Charter Market CAGR of 4.28% during the forecast period.
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Helicopter Charter Market size is USD 48.76 billion from 2023 to 2033.
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