ReportLinker has released findings from Visiongain, assessing the civil helicopter market of light, medium, large and heavy rotorcraft is valued at USD7,876m in 2016, the company said.
Civil helicopters offer a number of capabilities that cannot be achieved with fixed wing aircraft. Vertical take-off and landing capabilities mean that helicopters can operate in areas that are remote, have difficult terrain characteristics or where ground transport infrastructure or airfield facilities are under-developed or non-existent. In terms of manufacturers, the market is very compact with a handful of companies dominating in all categories of helicopter types; light, medium and large.
Current market conditions are changing where demand for civil helicopters is coming from with a decline in offshore transport along with continuing demand for helicopters in EMS or law enforcement.
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