Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Commercial Helicopter Seating Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Commercial
Helicopter Seating Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global Commercial Helicopter Seating Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Commercial
Helicopter Seating Market is offered. In
accordance with the report, the global Commercial Helicopter Seating Market is projected to expand at a CAGR of 11.80%
over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
The helicopter seating market has been segmented on the basis of
application into crew and passenger seating. By passenger based application,
the market is further divided into V.I.P., V.V.I.P., Utility, (Mining, Offshore
Oil & Gas, Construction, etc.), Air Medical and Others (Public Safety, Law,
Site Seeing, etc.). Safety and security in all aircrafts including helicopters
has been a major concern. The safety
standards relating to the seating and other components in helicopters are
guided by various
organizations across the
globe such as
Federal Aviation Administration
(FAA), International Civil Aviation Organization (ICAO), Civil Aviation
Authority (CAA), Joint Aviation Authorities (JAA), European Aviation Safety
Agency (EASA) and International Air
Transport Association among others. Therefore, the aforementioned organizations
with their strict aviation standards have been encouraging the application of
better and safer seating in helicopters to improve the safety of passengers and
pilots. Moreover, the accident rate of helicopters has been decreasing in the
past few years, thereby, improving the growth rate of helicopters market and
helicopter seating applications as well. The decreasing accident rates in the
U.S. (largest helicopter market in the world) has been provided below. According
to AvBuyer, VVIP helicopter sale is on the rise, which in turn is driving the growth
of high-end and advanced helicopter seats used in such helicopters. High net worth
individuals (HNI’s) are mostly purchasing such helicopters for their private transport
and for travel to their desired destinations.
The 6 to 9 seat or five-ton type with cabin are the most popular
helicopters among the HNI consumers. These helicopters are treated as luxury
products by such high-end consumers, who purchase them for private
transportation and recreation.
In the helicopter seating market, applications of advanced armored
seating are increasing. Increasing
military expenditure due to terrorist activities and the need for national
security is propelling the growth of military helicopters, which in turn is
increasing the demand for helicopter seats. The cost of private helicopter
transportation is a major reason hindering the growth of global helicopter
seating market. Salary of pilots, signal operators and ground staff, huge
helicopter fuel costs, pilot training cost and maintenance cost of helicopter
systems are all inhibiting factors for this particular market. In addition,
volatility in the fuel prices across the globe is another restraint to the
helicopter seating market. All the aforementioned factors are hindering the
growth of helicopter market, which in turn is negatively affecting the demand
for helicopter seats.
There has been significant growth and development within the
industrial and public safety sectors in regions of Asia Pacific, Middle East
and Africa (MEA) and South America. The aviation sector is one of the largest
growing sectors in the above mentioned regions. Countries such as India, China,
Japan, Pakistan, South Africa, Saudi Arabia, Qatar, U.A.E., and Brazil have
shown considerable growth in the aviation market. This has provided substantial
opportunities for aircraft manufacturers including helicopter manufacturing
companies to penetrate into the emerging markets of Asia Pacific, MEA and Latin
America. China, India and Pakistan are listed in the top 10 list of helicopters
purchases in the world. In addition, these countries’ resources - cheap labor
and availability of raw materials, attract a number of aircraft manufacturing
companies to set up their business units in these regions. Increasing demand
for armored seats and infotainment options in helicopter seats from the civil
sector is expected to bring a further transition in technology of helicopter
seating in the coming years
Segment Covered:
This market
intelligence report on the global Commercial Helicopter Seating Market encompasses market segments based on type, application and country.
In terms of type, the Commercial Helicopter Seating Market is segregated
into:
·
Passenger
·
Crew
·
Others
By application, the global Commercial Helicopter Seating Market is also
classified into:
·
VIP
·
VVIP
·
Utility
·
Air Medical
·
Others
By country/region, the global Commercial Helicopter Seating Market has been divided
into:
·
North America (the U.S.,
Canada),
·
Latin America (Brazil, Mexico,
Argentina and other countries),
·
Europe (Germany, France, the
U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific (India, Japan,
China, Australia and New Zealand and other countries),
·
Middle East and Africa (GCC,
South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
B/E Aerospace Fischer GmbH
(Rockwell Collins)
·
BAE Systems
·
East-West Industries
·
Israel Aerospace Industries
Ltd.
·
Martin-Baker Aircraft Co. Ltd.
·
UTC Aerospace Systems
·
Zodiac Aerospace
·
Zvezda LLC
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Commercial Helicopter Seating related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Commercial
Helicopter Seating Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2019 – 2027, taking into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Commercial Helicopter Seating Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as BAE,UTC, Zodiac among
others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Commercial Helicopter Seating caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Commercial
Helicopter Seating Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Commercial Helicopter Seating Market
v
Identification
of key factors driving investment opportunities in the Commercial
Helicopter Seating Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants