DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/z8kj5m/helicopter_market) has announced the addition of the "Helicopter Market in APAC 2015-2019" report to their offering.
One of the major reasons for increased demand for helicopters is their unique capabilities, such as vertical take-off and landing, and ability to fly forward, backward, and laterally. Helicopter manufacturers are also signing agreements with aviation colleges to supply helicopters for training.
The civil helicopter market in Southeast Asia witnessed a growth rate of 8%. The market in Malaysia grew by 10% in 2014 because of its strong operational base, and offshore oil and gas exploration activities. Meanwhile, the markets in Indonesia, Myanmar, and Vietnam are also gaining momentum.
APAC is witnessing increasing growth of light helicopters in the ambulance services and VIP transport service segments. It was found that 29% of the civil helicopters across the globe are used for law enforcement and EMS; however, this segment is very minor in countries such as China, India, and Middle Eastern countries. Therefore, manufacturers such as MD Helicopters, Bell Helicopter Textron, Eurocopter, and many others are struggling to attain a share in the EMS helicopter segment in the APAC market.
According to the report, because of the increased utilization rate (helicopter fleet utilization) and the increased helicopter replacement cycle, the purchase interest for helicopters in the civil aviation sector is trending up. Some of the applications of helicopters in the civil aviation sector include offshore logistics, corporate usage, training, tourism, firefighting, and law enforcement. The cost of civil helicopters is less than defense helicopters; however, the overall revenue contribution of this segment is higher, because of the higher demand.
Further, the report states that the lack of helipads and landing infrastructure are hindering the growth of this market in this region.
The key customers of the helicopter market in APAC are:
- Civil aviation sector (commercial users and parapublic end-users)
- Defence sector
- Airbus Helicopters
- Bell Helicopters
- Russian Helicopters
- Sikorsky Aircraft
Other Prominent Vendors
- Aerospace Industrial Development
- Aviation Industry Corporation of China
- Changhe Aircraft Industries
- China Southern Airlines
- Enstrom Helicopter
- Fuji Heavy Industries
- Hindustan Aeronautics
- Indonesian Aerospace
- Kawasaki Heavy Industries
- Korea Aerospace Industries
- MD Helicopters
- Mitsubishi Heavy Industries
- Pacific Aerospace
- Qingdao Haili Helicopters
- Robinson Helicopter
- Weststar Aviation Services
For more information visit http://www.researchandmarkets.com/research/z8kj5m/helicopter_market