Helicopter Tourism Market Recorded 28.94% Y-O-Y Growth Rate in 2021 | Driven by Increasing Use of Commercial Helicopters | Technavio

NEW YORK, June 20, 2022 /PRNewswire/ — The helicopter tourism market size is expected to grow by USD 871.35 million from 2020 to 2025. However, the growth momentum is likely to decelerate at a CAGR of 17.31% as per the latest market report by Technavio. The key factor driving the helicopter tourism market is the increasing use of commercial helicopters. The conventional methods of transportation have not been able to keep up with the growing population, leading to the need for alternative commuting solutions. The increasing prosperity of countries and business developments will result in demand for inner-city air travel, particularly in the emerging markets. Furthermore, low fuel prices and large investments have driven the urban heliports market and made helicopter transportation look feasible. However, over the years, with the rapid increase in fuel prices (equivalent to one-third of the operating costs), only a few passenger helicopters have remained operational. Despite such deterrents, and particularly with the decline in crude oil prices, the global rotorcraft industry has thrived and progressed.

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The helicopter tourism market is segmented by type (general and customized) and geography (North America, APAC, Europe, South America, and MEA).

• The helicopter tourism market share growth by the general segment will be significant for revenue generation.
• One of the major factors that determine tourist preference for helicopter rides is the price of the services and commodities. 
• The growth would be especially high in APAC, with more than half of the number of new passengers coming from this region. In addition, adventure tours such as helicopter tours are not restricted to people belonging to young age groups.

• 54% of the market’s growth will originate from North America during the forecast period.
• The US is the key market for the helicopter tourism market in North America. Market growth in this region will be faster than the growth of the market in regions.
• North America dominates the global demand for helicopter tourism, with the US and Canada being the region’s major markets. These countries have advanced infrastructures, attractive tourist destinations, and a number of natural and architectural tourist attractions which will facilitate the helicopter tourism market growth in North America over the forecast period.

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The helicopter tourism market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

• Birds Eye View Helicopters Inc.
• Cape Town Helicopters
• Grupo Sodarca
• Heliair.it Srl
• Helipistas Sl (Barcelona Helicopters)
• Liberty Helicopters
• Maverick Aviation Group
• Mid West Helicopters
• Papillon Grand Canyon Helicopters
• Sydney Helicopters
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Get ready to achieve excellent business outcomes from this exclusive Helicopter Tourism Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

• What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
• What is the current trend taking place in the market space?|
• Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
• What are market drivers, restraints, and challenges impacting demand & growth of the market?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Helicopter Tourism Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don’t wait, Make a strategic approach & boost your business goals with our Helicopter Tourism Market Forecast Report – Buy Now!

• The guitar market share is expected to increase by USD 1.14 billion from 2020 to 2025, and the market’s growth momentum will decelerate at a CAGR of 5%.
• The luxury massage chair market share is expected to increase by USD 242.01 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3.25%.

1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis
• Exhibit 03: Value chain analysis: Leisure Facilities

3 Market Sizing

• 3.1 Market definition
• Exhibit 04: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 05: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 – 2025
• Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
• Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 08: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers
• Exhibit 09: Bargaining power of buyers

• 4.3 Bargaining power of suppliers
• Exhibit 10: Bargaining power of suppliers

• 4.4 Threat of new entrants
• Exhibit 11: Threat of new entrants

• 4.5 Threat of substitutes
• Exhibit 12: Threat of substitutes

• 4.6 Threat of rivalry
• Exhibit 13: Threat of rivalry

• 4.7 Market condition
• Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 15: Type – Market share 2020-2025 (%)

• 5.2 Comparison by Type
• Exhibit 16: Comparison by Type

• 5.3 General – Market size and forecast 2020-2025
• Exhibit 17: General – Market size and forecast 2020-2025 ($ million)
• Exhibit 18: General – Year-over-year growth 2020-2025 (%)

• 5.4 Customized – Market size and forecast 2020-2025
• Exhibit 19: Customized – Market size and forecast 2020-2025 ($ million)
• Exhibit 20: Customized – Year-over-year growth 2020-2025 (%)

• 5.5 Market opportunity by Type
• Exhibit 21: Market opportunity by Type

6 Customer landscape

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 23: Market share by geography 2020-2025 (%)

• 7.2 Geographic comparison
• Exhibit 24: Geographic comparison

• 7.3 North America – Market size and forecast 2020-2025
• Exhibit 25: North America – Market size and forecast 2020-2025 ($ million)
• Exhibit 26: North America – Year-over-year growth 2020-2025 (%)

• 7.4 APAC – Market size and forecast 2020-2025
• Exhibit 27: APAC – Market size and forecast 2020-2025 ($ million)
• Exhibit 28: APAC – Year-over-year growth 2020-2025 (%)

• 7.5 Europe – Market size and forecast 2020-2025
• Exhibit 29: Europe – Market size and forecast 2020-2025 ($ million)
• Exhibit 30: Europe – Year-over-year growth 2020-2025 (%)

• 7.6 South America – Market size and forecast 2020-2025
• Exhibit 31: South America – Market size and forecast 2020-2025 ($ million)
• Exhibit 32: South America – Year-over-year growth 2020-2025 (%)

• 7.7 MEA – Market size and forecast 2020-2025
• Exhibit 33: MEA – Market size and forecast 2020-2025 ($ million)
• Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)

• 7.8 Key leading countries
• Exhibit 35: Key leading countries

• 7.9 Market opportunity by geography
• Exhibit 36: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges
• Exhibit 37: Impact of drivers and challenges

• 8.3 Market trends

9 Vendor Landscape

• 9.1 Vendor landscape
• Exhibit 38: Vendor landscape

• 9.2 Landscape disruption
• Exhibit 39: Landscape disruption
• Exhibit 40: Industry risks

• 9.3 Competitive Landscape

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 41: Vendors covered

• 10.2 Market positioning of vendors

• 10.3 Birds Eye View Helicopters Inc.
• Exhibit 43: Birds Eye View Helicopters Inc. – Overview
• Exhibit 44: Birds Eye View Helicopters Inc. – Product and service
• Exhibit 45: Birds Eye View Helicopters Inc. – Key offerings

• 10.4 Cape Town Helicopters
• Exhibit 46: Cape Town Helicopters – Overview
• Exhibit 47: Cape Town Helicopters – Product and service
• Exhibit 48: Cape Town Helicopters – Key offerings

• 10.5 Grupo Sodarca
• Exhibit 49: Grupo Sodarca – Overview
• Exhibit 50: Grupo Sodarca – Product and service
• Exhibit 51: Grupo Sodarca – Key offerings

• 10.6 Heliair.it Srl
• Exhibit 52: Heliair.it Srl – Overview
• Exhibit 53: Heliair.it Srl – Product and service
• Exhibit 54: Heliair.it Srl – Key offerings

• 10.7 Helipistas Sl (Barcelona Helicopters)
• Exhibit 55: Helipistas Sl (Barcelona Helicopters) – Overview
• Exhibit 56: Helipistas Sl (Barcelona Helicopters) – Product and service
• Exhibit 57: Helipistas Sl (Barcelona Helicopters) – Key offerings

• 10.8 Liberty Helicopters
• Exhibit 58: Liberty Helicopters – Overview
• Exhibit 59: Liberty Helicopters – Product and service
• Exhibit 60: Liberty Helicopters – Key offerings

• 10.9 Maverick Aviation Group
• Exhibit 61: Maverick Aviation Group – Overview
• Exhibit 62: Maverick Aviation Group – Product and service
• Exhibit 63: Maverick Aviation Group – Key offerings

• 10.10 Mid West Helicopters
• Exhibit 64: Mid West Helicopters – Overview
• Exhibit 65: Mid West Helicopters – Product and service
• Exhibit 66: Mid West Helicopters – Key offerings

• 10.11 Papillon Grand Canyon Helicopters
• Exhibit 67: Papillon Grand Canyon Helicopters – Overview
• Exhibit 68: Papillon Grand Canyon Helicopters – Product and service
• Exhibit 69: Papillon Grand Canyon Helicopters – Key news
• Exhibit 70: Papillon Grand Canyon Helicopters – Key offerings

• 10.12 Sydney Helicopters
• Exhibit 71: Sydney Helicopters – Overview
• Exhibit 72: Sydney Helicopters – Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Currency conversion rates for US$
• Exhibit 73: Currency conversion rates for US$

• 11.3 Research methodology
• Exhibit 74: Research Methodology
• Exhibit 75: Validation techniques employed for market sizing
• Exhibit 76: Information sources

• 11.4 List of abbreviations
• Exhibit 77: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

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