logo

Asia-Pacific Heavy-lift Helicopter Market Size (2024 - 2029)

The Asia-Pacific heavy-lift helicopter market is experiencing growth, driven by increasing demand from the military sector for transporting heavy and inaccessible equipment. The market size is further bolstered by the commercial segment's need for these helicopters in offshore applications. Although the COVID-19 pandemic caused significant disruptions in sales and production, the market has shown resilience and agility in recovery as restrictions were lifted.

Home Market Analysis Aerospace & Defense Research Aviation Research Aircrafts Research General Aviation Research Helicopters Research Asia-Pacific Heavy-lift Helicopter Market Market Size

Market Size of Asia-Pacific Heavy-lift Helicopter Industry

Asia-Pacific Heavy-lift Helicopter Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 3.00 %
Market Concentration High

Major Players

rd-img

*Disclaimer: Major Players sorted in no particular order

APAC Heavy-Lift Helicopter Market Analysis

The Asia-Pacific heavy-lift helicopter market is anticipated to register a CAGR of over 3% during the forecast period. 

The supply chain disruption caused during the COVID-19 pandemic had affected the sales and production of heavy-lift helicopters in 2020 due to lockdown. Companies had to suffer as the expected revenue was not generated, resulting in major losses across the year. However, once the pandemic restrictions were lifted off, heavy-lift helicopter production started to get agile. 

Heavy-lift helicopters have been witnessing high demand from the military sector, due to the inherent advantages offered by such helicopters in the transportation of troops, equipment, cargo, and other equipment, such as armored vehicles, which cannot be otherwise lifted and transported to the battlefield by other regular means because of their high weight, inaccessibility, and long-distance transport requirements. The demand for these helicopters for offshore applications is one of the main growth drivers bolstering the growth of the commercial segment of the market.

APAC Heavy-Lift Helicopter Industry Segmentation

Heavy-lift helicopters are used for the transportation of heavy loads to remote locations where other means of transport are either not available or economically unfeasible. The heavy-lift helicopter can transport loads weighing up to 44,000 lbs.

The Asia-Pacific heavy-lift helicopter market is segmented by the end user. By end user, the market is segmented into civilian and military. By country, the market is segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. The report offers the market size and forecasts by value (USD Million) for all the above segments.

End User
Military
Civilian
Geography
Australia
China
India
Japan
South Korea
Rest of Asia-Pacific
Need A Different Region Or Segment?
Customize Now

Asia-Pacific Heavy-lift Helicopter Market Size Summary

The Asia-Pacific heavy-lift helicopter market is poised for steady growth, driven by increasing demand from the military sector and significant investments in defense capabilities across the region. The market experienced disruptions during the COVID-19 pandemic, impacting sales and production, but has since rebounded as restrictions were lifted. Heavy-lift helicopters are particularly valued for their ability to transport troops, equipment, and cargo in challenging terrains where other transport means are less effective. This capability is crucial for military operations in the region, where rugged landscapes and poor road connectivity pose logistical challenges. The military segment is expected to dominate the market, supported by rising defense budgets and the strategic procurement of advanced helicopters by countries such as China, India, and Japan.

In addition to military applications, the commercial segment of the market is also witnessing growth, driven by offshore demand and disaster relief operations. Countries like Japan and India are enhancing their heavy-lift helicopter fleets to support coastal activities, security enforcement, and infrastructure projects. China, with the largest military helicopter fleet in the region, is actively developing heavy-lift capabilities through collaborations with international partners to address service gaps. The market is highly consolidated, with major players like Boeing, Airbus, and Lockheed Martin holding significant shares. These companies are expanding their presence in the Asia-Pacific region by fulfilling the heavy-lift helicopter needs of various militaries, further propelling market growth during the forecast period.

Explore More

Asia-Pacific Heavy-lift Helicopter Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 End User

      1. 2.1.1 Military

      2. 2.1.2 Civilian

    2. 2.2 Geography

      1. 2.2.1 Australia

      2. 2.2.2 China

      3. 2.2.3 India

      4. 2.2.4 Japan

      5. 2.2.5 South Korea

      6. 2.2.6 Rest of Asia-Pacific

Asia-Pacific Heavy-lift Helicopter Market Size FAQs

The Asia-Pacific Heavy-lift Helicopter Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

The Boeing Company, Airbus SE, Lockheed Martin Corporation , Textron Inc. and Russian Helicopters are the major companies operating in the Asia-Pacific Heavy-lift Helicopter Market.

Asia-Pacific Heavy-lift Helicopter Report Snapshots

Asia-Pacific Heavy-lift Helicopter Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)