Air Crane Helicopter Market to Grow Gradually by Achieving a Valuation of USD 9.67 Billion with a CAGR of 8.3% during the Forecast Period

The global air crane helicopter market size was valued at USD 4.93 billion in 2022 and is projected to grow from USD 5.55 billion in 2023 to USD 9.67 billion by 2030 at an 8.3% CAGR. A report by Fortune Business Insights™ titled, “Air Crane Helicopter Market Size, Share & COVID-19 Impact Analysis, By Endurance (Up to 15,000 Feet and Above 15,000 Feet), By External Load Capacity (Up to 10,000 Pounds, 10,000 to 20,000 Pounds, and Above 20,000 Pounds), By Application (Power Line Construction, Aerial Firefighting, Oil & Gas, Logistics Operations and Others), By End User (Civil & Commercial and Military), and Regional Forecast, 2023-2030”.

Onboard Systems International, LLC. Launched Bell 429 to Drive the Market Growth

Onboard Systems International, LLC, a U.S. based designer and manufacturer of unique helicopter cargo hook equipment, introduced the debut of an advanced prototype of its TALON® HEC Dual Cargo Hook kit for the Bell 429. The kit will offer an STC-certified solution for different CFR Part 133 external load missions such as utility line work, HEC, high-value cargo transport, search & rescue, and others.

Pandemic has a Significant Impact Due to the Declined Demand and Production

Due to the outbreak of the COVID-19 pandemic, the air crane helicopter market growth got impacted negatively due to the slowdown in construction and infrastructure projects, which are some of the biggest users of these helicopters. Supply chain disruptions have impacted the production of air crane helicopters as several manufacturing plants shut down or operate at reduced capacity due to COVID-19 outbreaks.

Increasing Demand for Aerial Firefighting Helicopters is Anticipated to Propel the Growth

Aerial firefighting or water bombing is the use of helicopters to conquer the wildfires. They have become an important tool in fighting wildfires globally. They are equipped with snorkel systems, belly tanks, and water buckets to store water for firefighting. These helicopters are used to drop large amounts of water or fire-retardant chemicals from the air to control the spread of fires.

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Developing Advanced Avionics, Expanding Applications, and New Systems are Key Focuses of Leading Players

The global air crane helicopter market share includes key players, such as Lockheed Martin Corporation, Airbus Helicopters SAS, Columbia Helicopters Incorporated, Textron Inc, The Boeing Company, and others. For instance, in May 2022, Rocket Lab, a US-based aerospace manufacturer, and launch service provider, utilized its Sikorsky S-92 helicopter with a hook on a long line to capture the first stage returning rocket parachute line at 6,500 feet after launching to space.

Notable Industry Development:

• March 2022: Himalayan Heli Services Pvt. Ltd, an India-based helicopter operator in the aerial work and pilgrimage sectors, had inducted the seventh Airbus H125 helicopter in its fleet. The helicopter will be used for aerial work missions and passenger transportation.

List of the Companies Profiled in the Report:

• Airbus Helicopters SAS (France)


• Lockheed Martin Corporation (U.S.)


• The Boeing Company (U.S.)


• Textron Inc. (U.S.)


• Columbia Helicopters Incorporated (Canada)


• Aircrane Inc. (U.S.)


• Leonardo S.p.A. (Italy)


• Rostec (Russia)


• Hindustan Aeronautics Limited. (India)


• Kaman Corporation (U.S.)

Further Report Findings:

• North America held the largest share in 2022. This region’s growth is owing to the increasing demand for heavy lift helicopters and for modernizing their fleet.


• Europe’s market is anticipated to hold the second largest share in the base year. The market's growth is expected to the growing demand for air crane rotorcrafts in logistics operations. These helicopters mostly transport hefty cargo, such as machinery, oil & gas equipment, and other large items.


• Asia Pacific is a rapidly-growing region in the market. This growth is attributed to surge in infrastructure and construction development projects. This growth is projected to grow in construction and infrastructure development projects.

Table of Segmentation: