Europe Helicopter Services Market Trends 2024, Industry Share, Size, Growth Drivers, Demand, Revenue, Analysis, Business Challenges, Future Competition till 2033: SPER Market Research
The Europe Helicopter Services Market is thoroughly examined in the study, covering supplier analysis, product mix, distribution channels, market size and trends, and supplier dynamics. Helicopter services are the use of helicopters to provide air transportation. In these services, helicopters are used for a range of purposes, such as aerial work operations, aerial photography, aerial surveys, and the delivery of passengers and freight. Helicopter services are vital in industries such as aviation, tourism, oil and gas, defense, and emergency services. Transportation of passengers and freight, as well as inspection and monitoring of oil rigs, are all provided by offshore helicopter services. When doing underwater research and construction, medium, heavy, and light helicopters are commonly utilized for drilling, production, relocation, decommissioning, and delivering supplies and equipment.
According to SPER market research, ‘Europe Helicopter Services Market Size- By Product, By Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Helicopter Services Market is predicted to reach USD 29 billion by 2033 with a CAGR of 6.81%.
A lot of reasons are driving the market’s expansion. There are more business prospects when electric and hybrid helicopters are used. The European market for helicopter services is expanding as a result of the growing usage of electric and hybrid helicopters. To facilitate the safe and effective integration of electric and hybrid aircraft into the European aviation system, the European Aviation Safety Agency (EASA) has started developing regulations for their operations. Furthermore, the growing need for Search and Rescue (SAR) activities is pushing the sector forward faster. SAR activities are now more important than ever because to the region’s higher incidence of crises, accidents, and natural catastrophes. To improve their response capabilities, a number of European nations have made significant expenditures in SAR programs.
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New commercial prospects arise from the use of electric and hybrid helicopters. With the increasing use of electric and hybrid helicopters, the market for helicopter services in Europe is growing. Regulations governing the operations of electric and hybrid aircraft are being developed by the European Aviation Safety Agency (EASA) in order to ensure their safe and efficient incorporation into the European aviation system.Growing Environmental Apprehensions May Limit Market Growth Aircraft noise and carbon emissions from helicopters are significant contributors to the aviation industry’s greenhouse gas emissions. To reduce the environmental impact of helicopter operations, several European nations have passed strict legislation.
Impact of COVID-19 on Europe Helicopter Services Market
Helicopter services saw a significant impact from the Covid-19 pandemic. Restrictions on travel, a fall in tourism, and a downturn in commercial activity contributed to a serious slowdown in the aviation sector overall. The market for helicopter services used for tourism and passenger transportation collapsed dramatically. On the other hand, the market’s need for emergency medical services—which included providing medical supplies and aiding in the running of healthcare facilities—rose.
Europe Helicopter Services Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Luxembourg Air Rescue, Omni Helicopters International, Babcock International Group Plc., Bristow Group, CHC Helicopter Group, Heliservice International GmbH, Heli-union, Petroleum Helicopters International Inc., The NHV Group.
Europe Helicopter Services Market Segmentation:
By Type: Based on the Type, Europe Helicopter Services Market is segmented as; Heavy, Light, Medium.
By Application: Based on the Application, Europe Helicopter Services Market is segmented as; Air Ambulance, Business and Corporate Travel, Disaster and Humanitarian Aid, Offshore, Surveying and Aerial Imaging, Transport, Others.
By End User: Based on the End User, Europe Helicopter Services Market is segmented as; Civil, Commercial, Military.
By Region: This research also includes data for U.K, Germany, France, Italy, Russia, Rest of Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
Europe Helicopter Services Market Growth Drivers
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