Medium and Heavy-Lift Helicopter Market Size, Share, and COVID-19 Impact Analysis, By Engine (Single and Twin), By Industry (Commercial, Civil, and Military), By Payload Weight (Upto 10,000, 10,000 - 20,000 pounds, and Above 20,000 pounds), By Point of Sale (New and Pre-Owned), and Regional Forecast, 2024-2032

A helicopter is an aircraft capable of Vertical Take-Off and Landing (VTOL), as well as sideways movement. It consists of rotor blades, which give it the freedom to move in all axis. It is also able to hover, and fly both forward and backwards. Medium-Lift Helicopters are capable of carrying loads ranging from 6,000 lbs to 18,000 lbs. Loads higher than 18,000 lbs are carried by Heavy-Lift Helicopters.

Key Market Insights:

The market is has a bigger share of medium-lift helicopters than heavy-lift helicopters due to their flexibility to perform multiple jobs. Heavy-Lift helicopters are mostly used in the military, and used for transporting equipment to remote or difficult-to-access areas.

Aside from the commercial and military sectors, such helicopters are increasingly being used in the civil sector. Recreational activities and tourism are growing these days, which are good market drivers. Offshore operations are being carried out at a greater scale every year. Apart from these applications, medium and heavy-lift helicopters are also used in fields such as humanitarian aid, sports, charters, etc. All these factors are bolstering the growth of the market.

The restraint to the market is the increasing number of regulations being imposed by the aviation regulatory bodies across the globe. Increased air traffic means a greater concern for security, and multiple regulations are imposed to keep the use of medium and heavy-lift helicopters in check.

Impact of the COVID-19 on Global Medium and Heavy-Lift Helicopter Market:

COVID-19 was officially declared a pandemic on March 11, 2020. Since then, numerous lockdowns and other restrictions have caused supply chains disruptions across the globe. There was a decreased demand, and subsequently a decreased production. Markets were affected financially, leading to bankruptcy and financial crunches for OEMs. The outbreak also affected the manufacturing and sale of the Medium and Heavy-Lift Helicopters. The sale for twin engine Medium and Heavy-Lift Helicopters went down by near 45% and 55% respectively in the first quarter of 2020, compared to the first quarter of 2019. Though sales went down, helicopters were widely employed for humanitarian work throughout the period, as they proved prominent for a fast mode of transport while remaining safe and abiding by the restrictions in effect at the time.

The global medium and heavy-lift helicopters market is divided into four broad categories. Going by the number of engines employed in the helicopter, it is bifurcated into Single Engine and Twin Engine helicopter. Based on the capacity of the helicopter to carry payload, it is divided into Medium-Lift and Heavy-Lift. By the industry employing the helicopter, the market is segmented into commercial, civil, and military. By the point of sale, the market is bifurcated into new and pre-owned. By the geography, it can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Rest of the World.

Key Insights:

The report will describe the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the Global Medium and Heavy-Lift Helicopter Market based on various segments.


• The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia Pacific, and the Rest of the World, after evaluating economic, political, social, and technological factors affecting the global medium and heavy-lift helicopter market in these regions.

The global medium and heavy-lift helicopters market is divided into four broad categories. Going by the number of engines employed in the helicopter, it is bifurcated into Single Engine and Twin Engine helicopter. Based on the capacity of the helicopter to carry payload, it is divided into Medium-Lift and Heavy-Lift. By the industry employing the helicopter, the market is segmented into commercial, civil, and military. By the point of sale, the market is bifurcated into new and pre-owned. By the geography, it can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Rest of the World.

Key Insights:

The report will describe the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the Global Medium and Heavy-Lift Helicopter Market based on various segments.


• The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia Pacific, and the Rest of the World, after evaluating economic, political, social, and technological factors affecting the global medium and heavy-lift helicopter market in these regions.

Regional Analysis:

North America is the biggest market for medium and heavy-lift helicopters. It has a big military sector, and a big civil sector. The region plays a key role in the market by employing a large number of heavy and medium-lift helicopters.

The Asia Pacific has a significant market for growth. The advancement in the civil and commercial sectors are providing a big boost, especially in the sales of medium-lift helicopters. An increase in the number of High Net Worth Individuals (HNWIs) is increasing the number of charter services. Nations in the region are also using these helicopters to upgrade their services and forces. Overall, the Asia Pacific region is projected to become a dominant region for the market.

Key Players Covered:

Some of the major players in the medium and heavy-lift helicopters are Boeing, Airbus, Textron Inc., Lockheed Martin Corporation, Leonardo S.p.A, Hindustan Aeronautics Ltd., Russian Helicopters JSC, and Aviation Corporation of China, and others.

North America is the biggest market for medium and heavy-lift helicopters. It has a big military sector, and a big civil sector. The region plays a key role in the market by employing a large number of heavy and medium-lift helicopters.

The Asia Pacific has a significant market for growth. The advancement in the civil and commercial sectors are providing a big boost, especially in the sales of medium-lift helicopters. An increase in the number of High Net Worth Individuals (HNWIs) is increasing the number of charter services. Nations in the region are also using these helicopters to upgrade their services and forces. Overall, the Asia Pacific region is projected to become a dominant region for the market.

Key Players Covered:

Some of the major players in the medium and heavy-lift helicopters are Boeing, Airbus, Textron Inc., Lockheed Martin Corporation, Leonardo S.p.A, Hindustan Aeronautics Ltd., Russian Helicopters JSC, and Aviation Corporation of China, and others.

Segmentation:

Key Industry Developments:

• In February 2023, the Australian Army ordered 40 UH-60M Black Hawks from Sikorksy, a Lockheed Martin Company. The deal is values at an estimated USD 1.95 Billion. The UH-60M Black Hawk is a military grade Medium-Lift Helicopter.


• In January 2023, the U.S. Army ordered CH-47F Chinook helicopters from Boeing, in a deal estimated to be USD 497.1 Million in Value. The CH-47F is a heavy-lift helicopter, primarily used in the military.