Helicopter Services Market Updates

Helicopter Services Market size was valued at USD 15.12 Billion in 2023 and is poised to grow from USD 16.1 Billion in 2024 to USD 26.66 Billion by 2032, growing at a CAGR of 6.50% during the forecast period (2025-2032).

The global helicopter services market boasts a competitive landscape characterized by a diverse range of players vying for market share and differentiation. Prominent companies such as Bristow Group Inc., CHC Group LLC, PHI, Inc., and Leonardo S.p.A. have established themselves as major contenders, offering a wide spectrum of helicopter services across various industries and regions. 'Bristow Group Inc. (United States)', 'CHC Group LLC (United States)', 'PHI, Inc. (United States)', 'Evergreen Helicopters (United States)', 'Leonardo S.p.A. (Italy)', 'Omniflight Helicopters Inc. (United States)', 'Airbus Helicopters (France)', 'Bell Textron Inc. (United States)', 'Babcock International Group PLC (United Kingdom)', 'Heli-One (Canada)', 'Erickson Inc. (United States)', 'HNZ Group Inc. (Canada)', 'NHV Group (Belgium)', 'Era Group Inc. (United States)', 'Columbia Helicopters (United States)', 'Milestone Aviation Group (Ireland)', 'Waypoint Leasing (United States)', 'CHI Aviation (United States)', 'VIH Aviation Group (Canada)', 'Caverton Helicopters Limited (Nigeria)'

The demand for helicopter services is driven by their vital role in emergency medical services (EMS), firefighting, and search and rescue (SAR) operations. Helicopters offer rapid response and access to remote or inaccessible areas, making them indispensable in critical situations.

Urban Air Mobility (UAM): UAM initiatives are driving the development of electric vertical takeoff and landing (eVTOL) aircraft, which are seen as the future of urban transportation. This trend is reshaping the helicopter services landscape, especially for urban commuting and short-distance travel.

In 2022, North America emerged as the dominant player in the market, with a valuation of USD 5.36 billion. The region's growth can be primarily attributed to the increasing demand for aerial firefighting services. Helicopters play a crucial role in various aspects of aerial firefighting, with innovations such as Columbia Helicopters' 1,000-gallon water bucket system enhancing firefighting efficiency, particularly in areas where water sources are limited.