The Europe helicopters market is expected to grow from US$ 10,443.48 million in 2021 to US$ 16,383.49 million by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028.

The Europe Helicopters Market is experiencing significant growth, driven by the increasing development of unmanned helicopters and the adoption of advanced materials and technology. These unmanned aerial vehicles (UAVs) are designed for both civilian and security missions, with a particular capability to deliver cargo to remote areas lacking airfields. Notable examples include the ILX-27, developed by the Institute of Aviation in Warsaw and the Air Force Institute of Technology (AFIT), first revealed in 2012, and the Alpin, a long-range unmanned helicopter being jointly developed by UAVOS and TITRA.

Key Market Trends

A crucial trend in the Europe Helicopters Market is the growing use of carbon fiber reinforced plastics (CFRP) by original equipment manufacturers (OEMs). This material is favored for its ability to provide consistent strength, superior corrosion resistance, and reduced weight across various helicopter components. Leading OEMs like Airbus S.A.S and Boeing Corporation are incorporating CFRP into their designs. Furthermore, OEMs are increasingly leveraging artificial intelligence (AI) to enhance aircraft production and improve safety. For instance, Boeing has developed machine-learning algorithms for aircraft design and to automate factory operations.

Europe Helicopters Market Dynamics

The Europe Helicopters Market is experiencing growth fueled by substantial government investments in military equipment upgrades and procurement. A prime example is the NSPA Aviation Programme's 2018 procurement of a new H215 Super Puma helicopter for the Spanish Air Force, specifically configured for search and rescue (SAR) missions with extended operational range and an emergency flotation system. 

Similarly, the UK and Germany have invested in advancing their SAR helicopter fleets. In 2019, the Italian government procured the AW169M, a twin-engine helicopter from Leonardo, as part of its Armed Forces Procurement Program, highlighting a focus on advanced technical specifications such as emergency flotation systems and traffic collision avoidance. Rising military expenditures on advanced, lightweight helicopters and increasing demand for SAR capabilities are key drivers for the Helicopters Market.

Impact of COVID-19: Europe Helicopters Market

The COVID-19 pandemic significantly impacted the European aviation industry, including aircraft OEMs, component suppliers, airlines, and MRO service providers. Countries like Russia and the UK were particularly affected by surges in infections. Many contracts for helicopter and aircraft acquisition were suspended as organizations prioritized managing operational costs during and after the pandemic. This led to economic losses for aircraft OEMs and component suppliers, with a notable decline in production volumes. Consequently, 2020 saw a downturn in the aviation industry, as manufacturers of both fixed-wing aircraft and helicopters curtailed component procurement during the first two quarters, severely impacting helicopter market players across Europe.

Europe Helicopters Market Segmentation

Europe Helicopters Market - By Type

• Single Rotor
• Multi Rotor
• Tilt Rotor 

Europe Helicopters Market -By Weight

• Light Weight
• Medium Weight
• Heavy Weight

Europe Helicopters Market -By Application

• Commercial & Civil
  • Transport
  • Emergency Rescue
  • Utility 
  • Training
• Military
  • Attack and Reconnaissance
  • Maritime
  • Transport Search and Rescue
  • Training

Europe Helicopters Market - By Country

• Germany
• France  
• Italy
• UK
• Russia
• Rest of Europe

Europe Helicopters Market - Company Profiles

• Airbus S.A.S.
• Bell Textron Inc.
• Boeing    
• Enstrom Helicopter Corp.
• Kaman Corporation
• Leonardo S.p.A.
• Lockheed Martin Corporation
• MD Helicopters, Inc.
• Russian Helicopters

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Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights