LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global helicopter tourism market report until 2021. This research report also lists eight other prominent vendors that are expected to impact the market during the forecast period.
The research study by Technavio on the global helicopter tourism market for 2017-2021 provides detailed industry analysis based on tourism type (general helicopter tourism and customized helicopter tourism) and geography (the Americas, EMEA, and APAC).
“The global helicopter tourism market is projected to grow to more than USD 912 million by 2021, at a CAGR of over 3% through the forecast period. The growing popularity of helicopter travel, supported by the rise in disposable incomes is one of the key factors driving the growth of the market,” says Avimanyu Basu, a lead analyst at Technavio for aerospace components research.
Competitive vendor landscape
The global helicopter tourism market is highly competitive, with players competing with each other to gain the highest market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors determining the market growth. In-house manufacturing capabilities, global footprint network, product offerings, R&D investments, and a strong client base are the key areas that vendors focus on to gain a competitive edge in the market. The international players in the market are likely to strengthen their presence worldwide through acquisitions during the forecast period.
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Top five vendors in the global helicopter tourism market
Birds Eye View Helicopters
Birds Eye View Helicopters is a US-based company that uses the Robinson R-44 Raven helicopter to provide tours to passengers. The company offers both general and customized/private tourism.
Chicago Helicopter Tours
Chicago Helicopter Tours is a US-based company that uses the Robinson R44 Clipper I to provide tours to passengers. The company offers standard, customized or private, and signature tourism packages.
Liberty Helicopter is a US-based company that uses helicopters such as the AS350 AStar, AS355 NP, and the AS365 N3 to provide tours to passengers. The company offers general and customized/private tourism packages.
Maverick Helicopters is a US-based company, headquartered in Las Vegas, NV, US. It uses the ECO-Star (EC-130) helicopter manufactured by Airbus to provide tours to passengers. The company offers general and customized/private tourism packages.
SUNDANCE HELICOPTERS is a US-based company, headquartered in Las Vegas, NV, US. It uses the AS350 and EC-130 helicopters manufactured by Airbus to provide tours to passengers. The company offers general and customized/private tourism packages.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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