Frost & Sullivan: Fleet Rationalisation and Ongoing Renewal Cycles Boost Helicopter Systems Market Globally

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Frost & Sullivan: Fleet Rationalisation andFrost & Sullivan: Fleet Rationalisation and Ongoing Renewal Cycles Boost Helicopter Systems Market Globally PR Newswire LONDON, Nov. 21, 2013 - Asia-Pacific, Central Asia and the Middle-East look for newer platforms while North America, Europe and Latin America opt for upgrades Increasing rationalisation of helicopter fleets and the adoption of a 'one- size-fits-all' approach to reduce costs and enhance platform capabilities is driving the global military, parapublic and commercial helicopter systems market. Advances such as increasing platform speed range, flight control reliability, mission responsiveness rates, efficiency, and platform versatility coupled with decreasing fuel consumption and refuelling frequency, further encourage helicopter systems uptake. New analysis from Frost & Sullivan (http://www.defense.frost.com), Global Military, Parapublic and Commercial Helicopter Systems Market Assessment, finds that the market earned revenues of $4.43 billion in 2012 and estimates this to reach $6.21 billion in 2022. Ongoing helicopter fleet renewal cycles, especially in the military segment, are spurring the demand for new platforms. In fact, procurements in Asia- Pacific, Central Asia and the Middle-East will take the collective market size up to $49.14 billion by 2022. Meanwhile, North America, Europe and Latin America offer immense market potential for platform mid-life upgrades, which will account for 23.

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• Published by: frost-sullivan
• Published: 21 November 2013
• Reads: 9
• Language: English

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Frost & Sullivan: Fleet Rationalisation and Ongoing Renewal Cycles Boost Helicopter Systems Market Globally

PR Newswire

LONDON, Nov. 21, 2013

- Asia-Pacific, Central Asia and the Middle-East look for newer platforms while North America, Europe and Latin America opt for upgrades

Increasing rationalisation of helicopter fleets and the adoption of a 'one-size-fits-all' approach to reduce costs and enhance platform capabilities is driving the global military, parapublic and commercial helicopter systems market. Advances such as increasing platform speed range, flight control reliability, mission responsiveness rates, efficiency, and platform versatility coupled with decreasing fuel consumption and refuelling frequency, further encourage helicopter systems uptake.