Helicopter Tourism Market Overview
Helicopter tourism has exploded in popularity over the last few years all around the world. The introduction of new tourist sites in the last five years has ushered in a new era in the global travel and tourism business. There has been an increase in demand for aerial tours as well as the number of helicopters as the number of tourism companies have grown. Apart from air ambulance and governmental carriers, helicopters have seen substantial demand from commercial customers. In recent years, helicopter tourism has grown in popularity in both developed and developing countries, encouraging the growth of the Helicopter Tourism Market. Furthermore, as the number of commercial helicopter manufacturers grows around the world, so does the number of civilian helicopters purchased for tourism. This fact, combined with an increase in demand for aerial tourism, indicates that the helicopter tourism market is expanding.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Tourism Type, Ownership Type, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Accretion Aviation, Bird's Eye View Helicopters LLC, Liberty helicopter, Cape Town Helicopters, Helicopter Flight Services, Inc., Maverick Aviation Group, Papillon Grand Canyon Helicopters, Zip Aviation, Heli Chicago, Lisbon Helicopters. |
Covid-19 Impact on Helicopter Tourism Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Helicopter Tourism Market Segment Overview
Based on Tourism Type, the Customized Tourism segment dominates the Helicopter Tourism market. The ability to go anywhere and at any time is one of the most significant advantages of customized tours. Additionally, these customized tours ensure that the client has a unique and exclusive experience. Similarly, several helicopter tour service providers offer customized tours to their customers based on their travel preferences.
According to Ownership Type, the Charter Service segment dominated the market in 2020. Customers who acquire fractional ownership helicopters purchase a share of a plane rather than the complete helicopter. Owners of fractional helicopters pay monthly maintenance and hourly operation fee, and the helicopters are professionally maintained. The expense of repositioning or deadheading is reduced due to fractional ownership. Purchasing one-sixteenth to one-half ownership of the planes ensures that various people have access to them.
Helicopter Tourism Market, By Tourism Type
· General tourism
· Customized tourism
Helicopter Tourism Market, By Ownership Type
· Fractional ownership
· Charter service
Helicopter Tourism Market Regional Overview
Region-Wise, North America is the most prominent region for the Helicopter Tourism market. Travel and tourism have emerged as the major tool for economic growth in North American countries. The travel and tourism sector expects aerial tours to be one of the most robust markets. Countries are concentrating their efforts on obtaining revenue from group and solo tourism. North American travel agencies and operators have a considerable impact on the development of modern tourism activities. In North America, the United States accounts for the majority of travel spending. Each of these factors is anticipated to have a definite impact on the growth of the market in this region during the forecast period.
Helicopter Tourism Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Helicopter Tourism Market, Key Players
· Accretion Aviation
· Bird's Eye View Helicopters LLC
· Liberty helicopter
· Cape Town Helicopters
· Helicopter Flight Services, Inc.
· Maverick Aviation Group
· Papillon Grand Canyon Helicopters
· Zip Aviation
· Heli Chicago
· Lisbon Helicopters
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Helicopter Tourism market?
An increase in demand for aerial tours as well as the number of helicopters as the number of tourism companies have grown .This fact boost the growth of the Helicopter Tourism Market.
Q2. Which Segments are covered in the Helicopter Tourism market report?
Tourism Type, Ownership Type, and Region, these segments are covered in the Helicopter Tourism market report.
Q3. Which segment is projected to hold the largest share in the Helicopter Tourism Market. ?
Customized Tourism segment is projected to hold the largest share in the Helicopter Tourism Market.
Q4. Which region holds the largest share in the Helicopter Tourism market?
North America held the largest share in the global Helicopter Tourism market.
Q5. Which are the prominent players in the Helicopter Tourism Market?
Accretion Aviation, Bird's Eye View Helicopters LLC, Liberty helicopter, Cape Town Helicopters, Helicopter Flight Services, Inc., Maverick Aviation Group, Papillon Grand Canyon Helicopters, Zip Aviation, Heli Chicago, Lisbon Helicopters. are some key players in the Helicopter Tourism Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Helicopter Tourism Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Tourism Type
- 5.2.1. General tourism
- 5.2.2. Customized tourism
- 5.3. Market Analysis, Insights and Forecast – By Ownership Type
- 5.3.1. Fractional ownership
- 5.3.2. Charter service
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Helicopter Tourism Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Tourism type Type
- 6.2.1. General tourism
- 6.2.2. Customized tourism
- 6.3. Market Analysis, Insights and Forecast – By Ownership Type
- 6.3.1. Fractional ownership
- 6.3.2. Charter service
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Helicopter Tourism Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Tourism Type
- 7.2.1. General tourism
- 7.2.2. Customized tourism
- 7.3. Market Analysis, Insights and Forecast – By Ownership Type
- 7.3.1. Fractional ownership
- 7.3.2. Charter service
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Helicopter Tourism Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Tourism Type
- 8.2.1. General tourism
- 8.2.2. Customized tourism
- 8.3. Market Analysis, Insights and Forecast – By Ownership Type
- 8.3.1. Fractional ownership
- 8.3.2. Charter service
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Helicopter Tourism Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Tourism Type
- 9.2.1. General tourism
- 9.2.2. Customized tourism
- 9.3. Market Analysis, Insights and Forecast – By Ownership Type
- 9.3.1. Fractional ownership
- 9.3.2. Charter service
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Accretion Aviation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Bird's Eye View Helicopters LLC
- 10.6. Liberty helicopter
- 10.7. Cape Town Helicopters
- 10.8. Helicopter Flight Services, Inc.
- 10.9. Maverick Aviation Group
- 10.10. Papillon Grand Canyon Helicopters
- 10.11. Zip Aviation
- 10.12. Heli Chicago
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
