The global helicopter tourism market size is expected to witness an elevated market state owing to rising popularity of air travel alongside a subsequent increase in aircraft helicopters according to Fortune Business Insights™, in its report, titled, “Helicopter Tourism Market 2023-2030”.
Helicopter tourism has picked up quite the pace in terms of gaining market share due to a higher demand of air travel due to growing reliability and rising integration of air routes among the most popular destinations across the global scale. The rising popularity can also be attributed to a union of attributes such as easy accompaniment of travelers suffering from disabilities that make standard air travel difficult and advanced maneuverability measures.
Get A Request Sample PDF Brochure:
On the basis of tourism type, the global market can be divided into general tourism and customized tourism. On the basis of ownership type, the global market can be broken down into fractional ownership, charter service, joint ownership agreements, and others. On the basis of application, the global market can be segregated across individual tourism, family tourism, group tourism, and others. In terms of region, the market is categorized into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
North America to Dominate Market Expectation During Forecast Period
The region of North America will witness the largest market share during the advent of the forecast period owing to the soaring number of service firms and declining crude oil prices to name a few. Furthermore, sizeable user base is expected to migrate to the U.S. and the Canadian province as limitations on intercontinental travel are alleviated. These factors will spiral the growth of the market in the region towards a beneficial prospect.
Asia Pacific will occupy the fastest growing CAGR in the market. Expanding rotorcraft tourism in the region is responsible for an incremental growth of market during the forecast.
Get A Customized PDF Brochure:
Air Fare to Emerge as the Frontrunner
A higher adoption of inexpensive air travel will help integrate larger sales figures for the helicopter tourism market share during the forecast duration. Added functionality due to merging of advanced technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) will back the rising consumer demands for convenient and secure characteristics. Furthermore, a surging commercial sector is expected to skyrocket the growing demand for the market. For example, in December 2020, Maverick Helicopters recently launched two new scenic routes to their roster which feature the Las Vegas and Red Canyon aerial sightseeing pathways.
- August 2020: Advantage Capital recently collaborated with Maverick Helicopter by announcing a cash infusion of USD 2.5 million due to the hardships faced in terms of alleviating COVID-19 damages and employee retention measures.
- August 2020: While announcing the conclusion of their business in the Las Vegas region, Sundance Helicopters declared that they will be presuming Charter Services due to a lower tourist base from domestic and global outlook.
List of Key Players Present in the Market
- Bird Eye View Helicopters LLC (U.S.)
- Sundance Helicopters Inc. (U.S.)
- Sydney Helicopters Pyt. Ltd (Australia)
- Cape Town Helicopters (South Africa)
- Maverick Aviation Group (U.S.)
- Grupo Sodarca (Portugal)
- it Srl (Italy)
- Liberty Helicopters (U.S.)
- Midwest Aviation LLC (U.S.)
- Niagara Helicopters Limited (Canada)
- Helipstas SI (Spain)
- Kaikoura Helicopters Ltd (New Zealand)
- Bravo Helicopters LLC (U.S.)
- Heli-Jet Aviation Ltd (U.K.)
More Related Links:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower,
Baner – Mahalunge Road, Baner,
Pune-411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]
Connect us via Social Media Channels: