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Rotorcraft - Finland

Finland
  • Revenue in the Rotorcraft market is projected to reach US$3.00m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2025) of 0.00%, resulting in a projected market volume of US$3.00m by 2025.
  • In the Rotorcraft market, the number of deliveries is projected to amount to 1.00 in in Finland in 2024.
  • The average price per aircraft is expected to amount to US$3.00m.

Definition:

The Rotorcraft market focuses on helicopters used for a range of applications, including emergency services, transport, and tourism. Growth in this market is driven by advancements in technology and the demand for aerial mobility in both urban and remote areas.

Structure:

The market consists of two further markets:

  • The Piston Helicopters market involves rotorcraft powered by piston engines, typically used for private, recreational, and training purposes.
  • The Turbine Helicopters market focuses on rotorcraft powered by turbine engines, which are favored for their higher performance, greater reliability, and capacity for heavier loads.

Additional Information:

The main performance indicators of the Rotorcraft market are deliveries, average price per aircraft, and revenues. Additional definitions for each market can be found within the respective market pages.

In-Scope

  • Deliveries, revenues, and average prices of new aircraft
  • Piston helicopters
  • Turbine helicopters

Out-Of-Scope

  • Used aircraft
  • Military aircraft
  • Fixed-wing aircraft
  • Unmanned aerial systems and drones
  • Spacecraft

Deliveries

Most recent update: Nov 2024

Source: Statista Market Insights

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Nov 2024

Source: Statista Market Insights

Revenue Change

Most recent update: Nov 2024

Source: Statista Market Insights

Average Price per Aircraft

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Nov 2024

Source: Statista Market Insights

Analyst Opinion

Rotorcraft, known for their versatility, are widely used in applications ranging from emergency services and transport to corporate travel and utility operations. The market's development is driven by factors such as technological innovation, safety requirements, economic trends, and regulatory changes.

Globally, there is a growing demand for rotorcraft in critical missions like emergency medical services, search and rescue, and firefighting. The ability to access remote or congested areas that fixed-wing aircraft cannot reach makes them indispensable. Technological advancements, including the integration of advanced avionics, autopilot systems, and noise-reduction technologies, are enhancing operational safety and expanding the range of missions rotorcraft can perform. As industries prioritize safety and operational efficiency, there is a shift toward acquiring models equipped with advanced navigation and safety features.

In North America, rotorcraft usage is extensive in sectors like law enforcement, offshore oil operations, and medical transport. The widespread infrastructure and strong general aviation culture support the robust demand. The region's need for aircraft capable of operating in diverse environments—ranging from urban centers to remote oil fields—drives interest in multipurpose models that offer flexibility. The growing use of helicopters in corporate travel reflects a preference for time-saving transportation options that can bypass congested urban areas.

Europe's Rotorcraft market is influenced by stringent regulatory standards related to noise and emissions. Helicopter use in urban areas is heavily restricted, prompting a focus on quieter and more efficient engines. The adoption of hybrid and electric propulsion systems is gaining traction as manufacturers respond to regulatory pressures and environmental awareness. In addition, there is significant demand for light and medium-sized helicopters used in tourism and passenger transport, particularly in countries with rugged terrain, where other forms of transportation are less feasible.

In Asia-Pacific, increasing wealth, infrastructure expansion, and the need for emergency services in disaster-prone areas drive market growth. While rotorcraft ownership remains concentrated among wealthy individuals and corporations, there is rising demand from government agencies and private operators for aircraft that can provide essential services in regions with limited infrastructure. Despite regulatory and logistical challenges, the market continues to expand, with a particular focus on models that offer durability and the ability to operate in harsh weather conditions.

Latin America's market is shaped by the need for aircraft that can navigate difficult terrain and support industries like mining, agriculture, and energy. The demand for rugged, reliable helicopters is high in regions where road networks are underdeveloped or nonexistent. However, economic and political instability can lead to fluctuating investment in new aircraft. Despite these challenges, there is a persistent need for rotorcraft in critical roles such as medical evacuation and border patrol, supporting steady interest in aircraft that balance operational capability with affordability.

Global Comparison - Revenue

Most recent update: Nov 2024

Source: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on the activities of the Rotorcraft market including deliveries, revenue, and average aircraft prices.

Modeling approach:

Market sizes are determined through a combined bottom-up and top-down approach, building on specific rationale for each market. As a basis for evaluating markets, we use annual and monthly reports of manufacturers, third-party studies, reports from industry associations, and price data.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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