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The global air crane helicopter market was valued at USD 5.38 Billion in 2023, which is anticipated to grow at a CAGR of 9.43% from 2024 to 2033. The global market for air crane helicopter is expanding because of the increasing use of these aircraft for emergency response, disaster relief, aerial firefighting, and the growing demand for the military to transport large, bulky goods across steep terrain. Nonetheless, the high initial and ongoing costs may constrain the market expansion for air crane helicopters. Moreover, during the projected period, additional developments in the size and capacity of air crane helicopters are expected to open up new business opportunities.
Air crane helicopters are specialist high-lift helicopters that move big, heavy loads. They are also known as flying cranes or aerial cranes. These helicopters are used for heavy-lift operations, logging, building, firefighting, and other business sectors where lengthy cables or slings are used to move bulky equipment and supplies. A helicopter for lifting difficult or large goods from various locations is called an air crane, aerial crane, or flying crane. When alternative methods are unavailable or not economically feasible, or when work needs to be done in remote or inaccessible areas, like the top of tall buildings, the top of a hill or mountain, or far from the nearest road, helicopters serve as aerial cranes, carrying loads connected to long cables or slings. The logging business is the one that uses air crane helicopters the most frequently, either to remove huge trees from difficult-to-reach places or when environmental considerations prohibit constructing new roads. Because a long, single sling line is utilized to convey the load, these activities are known as longlines. Throughout the projected period, the market is anticipated to be driven by more advancements in capacity. The state of the global economy and how it affects capital investment and consumer spending significantly impact the market. Economic downturns and pandemics, for example, can result in lower investment levels, adjustments to government spending, restricted credit availability for suppliers and consumers, weakened consumer confidence, and an increase in the tendency of buyers to seek out less expensive alternatives in some situations. Activities related to offshore exploration and production (E&P) have increased due to the increasing demand for gas and oil and the saturation of onshore oilfields. The output from older wells has begun to fall in several current basins, and there is limited opportunity for fresh discoveries in these locations. To meet the growing demand, the oil and gas sector is consequently moving towards deeper locations in need of oil and gas. It is anticipated that offshore production installations will increase in the upcoming years, fueling the offshore air-crane helicopter market. The air-crane helicopter market is anticipated to expand in the upcoming year due to the growing investment and spending in the defence sector. The air crane helicopter serves as a heavy-lift helicopter for aerial firefighting and other heavy-lift activities. It is among the strongest and most adaptable helicopters available. They are employed in many industrial activities, including construction, logging, battling fires, and other heavy lifting. They carry weights fastened to long cables or slings, install rooftop components, move big objects, work on utility construction projects, and more. Expanding firefighting operations, increased disaster relief and humanitarian missions, expanded infrastructure development projects, and increased demand for defence and military applications are the main factors propelling the market's growth and are expected to create a lucrative demand for the market over the forecast period.
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Growing need for aerial crane helicopters in the defence sector- Military forces use air crane helicopters extensively for various purposes, such as moving troops and supplies, carrying out search and rescue missions, and supporting relief efforts after natural disasters. They are the best option for moving bulky military equipment like tanks, artillery, and other heavy vehicles since they can handle heavy loads. Their adaptability and capacity for heavy lifting make them ideal for various tasks within defence agencies. Moreover, higher defence spending results in significant expenditures on advanced helicopters for logistics and cargo transportation. Helicopters are used in aerial firefighting, sometimes known as water bombing, to put out wildfires. Helicopter air cranes have become vital in the global battle against wildfires. They have water buckets to hold water for combating fires, belly tanks, and snorkel systems. To help clear out flames, some aerial cranes may be fitted with extra firefighting tools, such as foam systems. Wildfires' rising frequency and intensity drive the need for aerial cranes in firefighting. To stop the spread of fires, these helicopters can drop substantial amounts of water or chemicals that resist flames from the sky. Additionally, it is anticipated that the increasing number of infrastructure and building projects worldwide will necessitate the delivery of large machinery and supplies to isolated or difficult-to-reach areas, encouraging market expansion.
Excessive costs of maintenance and operations- Because they are complex machinery, aerial cranes require a lot of maintenance to be used safely and efficiently. The maintenance cost can be extremely high, especially for older versions, since new components become more expensive and difficult to find. In addition, the operation and maintenance of air crane helicopters require highly skilled pilots and technicians. The sector's production and efficiency can be impacted by longer lead times for repairs and maintenance and increased training costs. Furthermore, gasoline and insurance expenses make operating these helicopters more expensive than using an alternative. These problems are expected to hinder market growth over the projected timeframe.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global air crane helicopter market, with a 34.06% market revenue share in 2023. To effectively control and limit wildfires, which are common throughout North America, particularly in areas like California and the Pacific Northwest, air crane helicopters equipped with firefighting systems are used.
North America Region Air Crane Helicopter Market Share in 2023 - 34.06%
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The endurance segment is divided into above 15,000 feet and up to 15,000 feet. The up to 15,000 feet segment dominated the market, with a market share of around 54.68% in 2023. This is because there is a growing requirement for aerial activities in regions with high altitudes.
The external load capacity segment is divided into 10,000 to 20,000 pounds, up to 10,000 pounds, and above 20,000 pounds. The 10,000 to 20,000 pounds segment dominated the market, with a market share of around 37.86% in 2023. The reason for this is the rise in funding for infrastructure projects like building bridges, dams, and power plants, all needing helicopters with large exterior load capabilities.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2023 | USD 5.38 Billion |
| Market size value in 2033 | USD 13.24 Billion |
| CAGR (2024 to 2033) | 9.43% |
| Historical data | 2020-2022 |
| Base Year | 2023 |
| Forecast | 2024-2033 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Endurance, External Load Capacity |
As per The Brainy Insights, the size of the air crane helicopter market was valued at USD 5.38 Billion in 2023 & USD 13.24 Billion by 2033.
Global air crane helicopter market is growing at a CAGR of 9.43% during the forecast period 2024-2033.
North America region emerged as the largest market for the air crane helicopter.
Growing need for aerial crane helicopters in the defence sector is a significant driving factor for the growth of the air crane helicopter market.
Excessive costs of maintenance and operations is a significant restraining factor for the growth of the air crane helicopter market.
Key players are Aircrane, Inc., Erickson Incorporated, KAMAN CORPORATION, Russian Helicopters, The Boeing Company, Airbus S.A.S., High Performance Helicopters Corp., Textron Aviation Inc., COLUMBIA HELICOPTERS, Lockheed Martin Corporation, among others.
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global air crane helicopter market based on below mentioned segments:
Global Air Crane Helicopter by Endurance:
Global Air Crane Helicopter by External Load Capacity:
Global Air Crane Helicopter by Region:
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