DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Civil Helicopter Market - 2016-2020 - Market Dynamics, Competitive Landscape, OEM Strategies & Plans, Trends & Growth Opportunities, Market Outlook" report to their offering.
The Global Civil Helicopter market continues to face & brace significant headwinds while witnessing anemic demand growth amid continued major downturn in the global energy sector which traditionally drives & accounts for over 40% of annual, global market demand for civil helicopters. Civil helicopter deliveries & billings globally have plummeted by 16% & 32.5% respectively for H1 2016 as against H1 2015 with crude oil prices continuing to stay low impacting the fleet renewal as well as expansion plans and fleet utilization levels across operators globally.
The civil helicopter market continues to be impacted significantly by the prevailing inertia in the civil segment as industry OEMs face significant competitive intensity & pricing pressures in an oversupply driven market scenario accompanied by competitive pressures from used helicopter inventory with most key industry OEMs reporting a drop in revenues as well as profitability for the first half of 2016. Additionally, the general industry sentiment, too, is somewhat downbeat with the recent fatal crashes of prototypes over a couple of under development programs, which include, the Bell 525 Relentless and Finmeccanica helicopter's AW609, in addition, to the grounding of H225 Super Puma fleet post the fatal crash of another H225 in April 2016 with Airbus now frantically looking for a solution to fix persistent technical issues with the platform.
Further, most key industry OEMs are realigning their overall, near term strategy focus towards military business with the global military helicopter market stabilizing as defense spending across most parts of the world regains traction & is poised to witness growth over near to medium term.
Key Topics Covered:
Part 1: Overview and Landscape
Part 2: Analysis on OEMs
Part 3: Market & Technology Trends, Emerging Scenario and Strategic Market Outlook
For more information about this report visit http://www.researchandmarkets.com/research/2ltbgg/global_civil
