Helicopter Tourism Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR43420
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The helicopter tourism market has the potential to grow by USD 871.35 million during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 17.31%.

This helicopter tourism market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (general and customized) and geography (North America, APAC, Europe, South America, and MEA). The helicopter tourism market report also offers information on several market vendors, including Birds Eye View Helicopters Inc., Cape Town Helicopters, Grupo Sodarca, Heliair.it Srl, Helipistas Sl (Barcelona Helicopters), Liberty Helicopters, Maverick Aviation Group, Mid West Helicopters, Papillon Grand Canyon Helicopters, and Sydney Helicopters among others.

What will the Helicopter Tourism Market Size be in 2021?

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Helicopter Tourism Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The decline in global crude oil prices is notably driving the helicopter tourism market growth, although factors such as cost-intensive tours may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the helicopter tourism market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • The considerable decline in global crude oil prices is a key driver contributing to the helicopter tourism market growth.
  • The decline in standard aviation fuel prices will be a significant advantage for airline or helicopter companies.
  • Air travel will become more affordable and helicopter companies will get associated with the tourism business.
  • Forming alliances with major resorts and tourism companies to drive the revenue for the helicopter companies.
  • The limited availability of transport infrastructure in urban areas is another key factor boosting the helicopter tourism market growth. 
  • The popularity of helicopter travel over conventional methods of transportation will gain traction.
  • The increasing prosperity of countries and business developments will result in great demand for inner-city air travel.
  • Helicopter tourism is being considered by a number of countries across the globe for being favorable and convenient.

This helicopter tourism market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Helicopter Tourism Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Birds Eye View Helicopters Inc.
  • Cape Town Helicopters
  • Grupo Sodarca
  • Heliair.it Srl
  • Helipistas Sl (Barcelona Helicopters)
  • Liberty Helicopters
  • Maverick Aviation Group
  • Mid West Helicopters
  • Papillon Grand Canyon Helicopters
  • Sydney Helicopters

 

This statistical study of the helicopter tourism market encompasses successful business strategies deployed by the key vendors. The helicopter tourism market is fragmented and the vendors are deploying growth strategies such as using helicopters to assist in endorsing a tourist resort, hotel, or destination by presenting a bird's eye view of the place. The 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The helicopter tourism market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Helicopter Tourism Market?

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54% of the market’s growth will originate from North America during the forecast period. The US is the key market for the helicopter tourism market in North America. Market growth in this region will be faster than the growth of the market in other regions.

The customized helicopter tours that take up the customer's preferences will generate significant amounts of profits to facilitate the helicopter tourism market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Helicopter Tourism Market?

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The helicopter tourism market share growth by the customized segment will be significant during the forecast period. With its growing popularity, helicopter tours are increasingly being customized to meet the customer's preferences. A significant amount of profits have been made through customized helicopter tours and greater participation is expected by more companies in the helicopter tourism market.

This report provides an accurate prediction of the contribution of all the segments to the growth of the helicopter tourism market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Helicopter Tourism Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive helicopter tourism market growth during the next five years
  • Precise estimation of the helicopter tourism market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the helicopter tourism market industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of helicopter tourism market vendors

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Helicopter Tourism Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 17.31%

Market growth 2021-2025

$ 871.35 million

Market structure

Fragmented

YoY growth (%)

28.94

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 54%

Key consumer countries

US, Australia, New Zealand, Iceland, and Nepal

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Birds Eye View Helicopters Inc., Cape Town Helicopters, Grupo Sodarca, Heliair.it Srl, Helipistas Sl (Barcelona Helicopters), Liberty Helicopters, Maverick Aviation Group, Mid West Helicopters, Papillon Grand Canyon Helicopters, and Sydney Helicopters

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • General - Market size and forecast 2020-2025
    • Customized - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Birds Eye View Helicopters Inc.
      • Cape Town Helicopters
      • Grupo Sodarca
      • Heliair.it Srl
      • Helipistas Sl (Barcelona Helicopters)
      • Liberty Helicopters
      • Maverick Aviation Group
      • Mid West Helicopters
      • Papillon Grand Canyon Helicopters
      • Sydney Helicopters

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The helicopter tourism market growth will increase by $97.60 million during 2019-2024.
      The helicopter tourism market is expected to grow at a CAGR of 2.18% during 2019-2024.
      Technavio has segmented the helicopter tourism market by type (General and Customized) and geographic (North America, Europe, APAC, MEA, and South America).
      Airbus SE, Birds Eye View Helicopters Inc., Cape Town Helicopters, Grupo Sodarca, Heliair.it Srl, Helipistas Sl (Barcelona Helicopters), Liberty Helicopters, Maverick Aviation Group, Midwest Aviation LLC (Chicago Helicopter Tours), SUNDANCE HELICOPTERS Inc. are a few of the key vendors in the helicopter tourism market.
      Europe will register the highest growth rate of 38.76% among the other regions. Therefore, the helicopter tourism market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the helicopter tourism market growth are:
      • Decline in global crude oil prices
      The helicopter tourism market vendors should focus on grabbing business opportunities from the general segment as it accounted for the largest market share in the base year.
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