Product Code: ETC4551205 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India helicopter market import shipments demonstrated robust growth from 2020 to 2024, with a notable CAGR of 112.1%. The growth rate between 2023 and 2024 accelerated further by 43.1%, indicating a significant upward momentum and a continuously expanding market trend during this period.
The India Helicopters Market has experienced growth as helicopters serve diverse roles in the country, from transportation to search and rescue operations. Helicopters are versatile aircraft that provide crucial support in various sectors, including defense, healthcare, and tourism. The market`s growth is driven by factors such as the need for efficient and flexible transportation solutions, government investments in defense and public safety, and the growing demand for civilian helicopter services. As India economic and security needs evolve, the India Helicopters Market is poised for further development.
The growth of the helicopters market in India is being driven by a variety of factors. The India armed forces and paramilitary organizations are expanding their fleets, and civilian demand for helicopters for purposes like tourism, medical evacuation, and corporate transportation is rising. Helicopters provide crucial support in reaching remote and inaccessible areas, and their utility in disaster relief and law enforcement has further increased their demand. Additionally, the government`s efforts to promote indigenous manufacturing of helicopters are contributing to the growth of the market.
The India helicopters market faces challenges related to infrastructure development, regulatory complexities, and the need for customized solutions to cater to diverse sectors, including defense, transportation, and tourism. Infrastructure limitations and security concerns affect the growth and utilization of helicopters in the country.
The COVID-19 pandemic had a notable impact on the helicopters market in India. With restrictions on travel and a reduced demand for non-essential services, helicopter operations, including tourism and corporate transportation, were significantly affected. This led to a decrease in helicopter sales and services. However, the pandemic also highlighted the importance of helicopters in medical and emergency services, including the transportation of medical supplies and personnel. As the aviation industry recovers, there may be a shift in the market towards more utility and emergency response helicopters.
The India Helicopters market features key players like Hindustan Aeronautics Limited (HAL), Airbus Helicopters, and Bell Helicopter. These companies are major manufacturers and suppliers of helicopters for diverse applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Helicopters Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Helicopters Market Revenues & Volume, 2021 & 2031F |
3.3 India Helicopters Market - Industry Life Cycle |
3.4 India Helicopters Market - Porter's Five Forces |
3.5 India Helicopters Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Helicopters Market Revenues & Volume Share, By Number of Engines, 2021 & 2031F |
3.7 India Helicopters Market Revenues & Volume Share, By Point of Sale, 2021 & 2031F |
4 India Helicopters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for helicopters in India for various purposes such as tourism, medical emergencies, corporate travel, and offshore operations. |
4.2.2 Government initiatives and policies to promote the use of helicopters in areas like infrastructure development, disaster management, and defense. |
4.2.3 Increasing focus on enhancing connectivity to remote locations and hilly terrains, where helicopters serve as a vital mode of transportation. |
4.3 Market Restraints |
4.3.1 High initial procurement cost and operational expenses associated with owning and maintaining helicopters. |
4.3.2 Limited infrastructure facilities such as helipads and maintenance centers, hindering the smooth operation and growth of the helicopter market in India. |
4.3.3 Regulatory challenges and complexities related to airspace management, permissions, and safety standards impacting the growth of the industry. |
5 India Helicopters Market Trends |
6 India Helicopters Market, By Types |
6.1 India Helicopters Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Helicopters Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Helicopters Market Revenues & Volume, By Military, 2021-2031F |
6.1.4 India Helicopters Market Revenues & Volume, By Civil , 2021-2031F |
6.1.5 India Helicopters Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 India Helicopters Market, By Number of Engines |
6.2.1 Overview and Analysis |
6.2.2 India Helicopters Market Revenues & Volume, By Twin Engines, 2021-2031F |
6.2.3 India Helicopters Market Revenues & Volume, By Single Engines, 2021-2031F |
6.3 India Helicopters Market, By Point of Sale |
6.3.1 Overview and Analysis |
6.3.2 India Helicopters Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 India Helicopters Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 India Helicopters Market Import-Export Trade Statistics |
7.1 India Helicopters Market Export to Major Countries |
7.2 India Helicopters Market Imports from Major Countries |
8 India Helicopters Market Key Performance Indicators |
8.1 Average utilization rate of helicopters in various sectors (tourism, medical, corporate, etc.), indicating the demand and efficiency of helicopter services. |
8.2 Number of new helicopter registrations and acquisitions in India, reflecting market growth and expansion. |
8.3 Investment in infrastructure development for helipads, maintenance facilities, and training centers, showcasing the readiness of the ecosystem to support the helicopter market growth. |
8.4 Rate of adoption of advanced technologies and safety measures in the Indian helicopter industry, ensuring competitiveness and sustainability. |
9 India Helicopters Market - Opportunity Assessment |
9.1 India Helicopters Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Helicopters Market Opportunity Assessment, By Number of Engines, 2021 & 2031F |
9.3 India Helicopters Market Opportunity Assessment, By Point of Sale, 2021 & 2031F |
10 India Helicopters Market - Competitive Landscape |
10.1 India Helicopters Market Revenue Share, By Companies, 2024 |
10.2 India Helicopters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |