DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/hskgpm/global_helicopter) has announced the addition of the "Global Helicopter Market 2014-2018" report to their offering.
The analysts forecast the Global Helicopter market to grow at a CAGR of 2.60 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing demand from civil end-users. The Global Helicopter market has also been witnessing the increase in high-altitude and versatile helicopters. However, the falling global defense budgets could pose a challenge to the growth of this market.
Key vendors dominating this space are AgustaWestland NV, Bell Helicopter Textron Inc., Eurocopter, Russian Helicopters, JSC and Sikorsky Aircraft Corp.
Other vendors mentioned in the report are Avicopter, Enstrom Helicopter Corp., Kaman Aerospace, Korea Aerospace Industries (KAI), MD Helicopters, Robinson Helicopter Company, Rostvertol, and Ulan-Ude Aviation Plant.
Commenting on the report, an analyst from the team said: High-altitude helicopters are mainly used for flying above 15,000 feet from sea level. Currently, the demand for these helicopters is increasing at a rapid rate. The major adopters of these helicopters are the Civil Aviation and Defense sectors. These helicopters are used for rescue operations, as well as for transportation and training. As a result of the high demand for high-altitude and versatile helicopters, vendors are manufacturing helicopters that can be used for different applications. This is expected to have a positive impact on the Global Helicopter market during the forecast period.
According to the report, the increasing demand from the Civil Aviation sector is one of the major drivers of the market. In the Civil Aviation sector, helicopters are used more to carry passengers in the remote areas, where runways are not available. They are also used as an air ambulance.
For more information visit http://www.researchandmarkets.com/research/hskgpm/global_helicopter
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