Frost & Sullivan: Promising Growth Prospects for the Global Helicopter Market - Platforms, SIS & Systems
- Online conference on global helicopter market trends on Wednesday, 30 October 2013, at 16.00 BST
LONDON, Oct. 17, 2013 /PRNewswire/ -- Shutdown, Sequestration, and Slowdown: the challenge of these three "S" might set a new speed to global helicopter market dynamics. Despite economic turbulences, there are opportunities and end-users' needs unmet, which the industry can focus on. Future procurement programmes across emerging markets will support the sector development. There are also significant aftermarket support growth opportunities among Western and Southern regions through platform life extension and next generation helicopters to reinvigorate end-users' demand.
Frost & Sullivan is organising an online conference on Global Helicopters Market Opportunities - Platforms, Aftermarket, Support in Service (SIS) & Systems on Wednesday, 30 October 2013, at 16.00 BST. Frost & Sullivan Research Analyst, and Programme Leader for helicopters, Alix Leboulanger, will discuss market trends and opportunities across the helicopter market landscape. Ms. Leboulanger will talk about market growth potential by end-user segment, identify opportunities across the value-chain, as well as name the main market challenges for the upcoming decade.
"The global demand for military helicopters will be mostly sustained by Asian countries," said Ms. Leboulanger. "But more interestingly, it is expected that 9,927 new platforms will be potentially procured between 2012 and 2022 across the commercial sectors due to the continued demand for Oil & Gas platforms and growing interest for air taxi services in emerging markets."
Armed forces, governments and commercial operators are renewing their helicopter fleet capabilities; hence new platform procurements will present a total market size of US$ 303.40 billion between 2012 and 2022. There are also promising opportunities in the SIS area. Outsourcing first returns of experience generate more interest in Performance Based Logistic (PBL), time and material availability contracts among military and parapublic end-users.
Customers are becoming increasingly cost-conscious, what also drives the helicopter systems market. Customers find critical assets in systems enabling them to overcome their budget constraints and optimisation plans. Consequently the global helicopter systems market is expected to witness growth at a compound annual growth rate (CAGR) of 3.13 percent for the 2012-2022 forecast period.
The online conference will benefit helicopter OEMs, distributors, commercial operators such as Oil & Gas and Emergency and Medical Services - EMS services, as well as investment funds and even end-users who are interested in knowing about other helicopter programmes and potential applications.
To participate in this complimentary meeting, please email Joanna Lewandowska, Corporate Communications, at joanna.lewandowska@frost.com with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
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Joanna Lewandowska
Corporate Communications – Europe
P: +48-22-481-62-20
E: joanna.lewandowska@frost.com
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