World helicopter market set for steady growth

The global helicopter market looks set to grow in value from the current USD31.9 billion to USD41.2 billion by 2027, according to a new report produced by specialist research consultants MarketsandMarkets. The report predicts an annual growth rate of 6.1% for the years between 2022 and 2027, citing a variety of reasons. These include new technical developments, such as the tilt rotor and unmanned helicopters, along with an increased demand for military helicopters as national defence budgets are boosted.

Share this story

Follow us