Helicopter Tourism Market Overview
The growth of the tourism industry has motivated the key players to innovate new dimensions for providing worthy experience to the tourists. This has led to the rise in the adoption of helicopter tourism on the global front.
A report assessed by Market Research Future (MRFR), has unfolded that the global helicopter tourism market is expected to value at USD 941.6 Mn by 2023 expanding at a CAGR of 4.17% across the forecast period.
Increasing investments in the tourism industry by the governments is expected to boost the growth pattern of the market in the forthcoming years. In addition, the rising disposable income of the population is likely to have a favorable influence on the expansion of the helicopter tourism market over the next few years. The dip being observed in the price of crude oil at present is projected to make the future trajectory of the helicopter tourism market attractive for the next couple of years.
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Competitive Dashboard:
Airbus (Netherlands), Leonardo – S.p.A (Italy), Bell Helicopter Textron Inc (Texas), Russian Нelicopters JSC (Moscow), AVIC (China), Sikorsky (U.S), Enstrom Helicopter Corp (Michigan), Robinson Helicopter Company (California), MD HELICOPTERS, INC (Arizona), and Turkish Aerospace Industries Inc (Turkey) are few of the key players operating in the helicopter tourism market over the next couple of years. Investments are likely to increase in the industry, which is poised to intensify competition in the market. In addition, new players are projected to enter the markets scenarios, thus, boosting the robustness of the competition over the next few years.
Market Segmentation:
On the basis of tourism type, the Global Helicopter Tourism Market has been divided into general tourism and customized tourism. Among these, the customized tourism segment accounted for 62.35% market share in 2016 and was valued at USD 444.1 Mn. It is projected to strike a CAGR of 4.28% across the projection period. The growth of the tourism industry has prompted the industry leaders to collaborate and offer customized services to tourists. This, in turn, is projected to drive the growth of the customized tourism segment in the forthcoming years.
On the basis of ownership, the helicopter tourism market has been segmented into charter service, fractional ownership, and joint ownership agreements. Among these, the fractional ownership segment accounted for 48.18% share of the market in 2016 and earned revenues worth USD 343.2 Mn. The report reveals that the segment is prognosticated to expand at a CAGR of 4.08% during the forecast period.
Regional Analysis:
The geographical evaluation of the global helicopter tourism market includes a detailed regional and country-level analysis. The key regional segments of the market are North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is likely to exhibit a steady rise in the growth curve over the next couple of years. It is anticipated to dictate the growth trajectory of the helicopter tourism market over the assessment period. Canada and the U.S. are the major country-level markets of the region. The presence of advanced infrastructure and consolidation of well-known tourist spots in the region is expected to drive the growth of the helicopter tourism market in the region in the years to come. Also, a large number of helicopter manufacturers are based out of the region which is anticipated to benefit the growth trajectory of the regional segment over the next few years.
Europe is likely to secure and maintain the second spot in the global helicopter tourism market in the nearby future. The presence of a large number of international tourist destinations in the region is poised to expedite the growth pace of the regional segment.
Scope of Report
The report for Global Helicopter tourism Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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List of Tables
Table 1 Market Synopsis
Table 2 Major Granted Patents on Water and Wastewater Treatment Equipment (September 12, 2012 – September 12, 2017)
Table 3 Global Helicopter Tourism Market, by Tourism Type, 2015-2023 (Usd Million)
Table 4 Global Helicopter Tourism Market, by Ownership, 2015-2023 (Usd Million)
Table 5 Global Helicopter Tourism Market, by Region, 2015-2023 (Usd Million)
Table 6 North America: Helicopter Tourism Market, by Country, 2015-2023 (Usd Million)
Table 7 North America: Helicopter Tourism Market, by Tourism Type, 2015-2023 (Usd Million)
Table 8 North America: Helicopter Tourism Market, by Ownership, 2015-2023 (Usd Million)
Table 9 U.s.: Helicopter Tourism Market, by Tourism Type, 2015-2023 (Usd Million)
Table 10 U.s.: Helicopter Tourism Market, by Ownership, 2015-2023 (Usd Million)
Continued……….
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Drivers, Challenges and Opportunities of Global Helicopter Tourism Market
Figure 4 Advantages of Big Data for Helicopters
Figure 5 Porter’s 5 Forces Analysis
Figure 6 Global Helicopter Tourism Market, by Tourism Type, 2015-2023 (Usd Million)
Figure 7 Global Helicopter Tourism Market, by Ownership, 2015-2023 (Usd Million)
Figure 8 Global Helicopter Tourism Market, by Region, 2015 to 2023 (Usd Million)
Figure 9 North America: Helicopter Tourism Marketshare, by Country, 2015 (% Share)
Figure 10 North America: Helicopter Tourism Market, by Tourism Type, 2015-2023 (Usd Million)
Continued……
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