Commercial Helicopter Market
Hybridization and Urban Air Mobility Catalyzing the growth of Commercial Helicopters: Opportunities Ahead
Commercial Helicopter Market by Type, Application and Region | 2022 to 2032
Commercial Helicopter Outlook (2022 to 2032)
[250 Pages Report] In 2021, the Global Commercial Helicopter market was estimated to be worth around US$ 5.9 Billion. The industry is expected to reach a worth of about US$ 11.5 Billion by the end of 2032, based on a projected CAGR of 6.4% over the next ten years. The Global Commercial Helicopter Market has already witnessed rapid growth over the years with a CAGR of 5.4% from 2017 to 2021.
Attributes |
Details |
Global Commercial Helicopter Market Size (2021F) |
US$ 5.9 Billion |
Global Commercial Helicopter Market Size (2022E) |
US$ 6.2 Billion |
Projected Market Value (2032F) |
US$ 11.5 Billion |
Global Market Growth Rate (2022 to 2032) |
6.4% CAGR |
Share of Top 5 Countries |
59% |
North America Market Share (2021) |
41.4% |
United States Growth Rate (2022 to 2032) |
5.5% CAGR |
Key Companies Covered |
|
The growing demand for commercial helicopters for usage in Emergency services, military and defense purposes, VIP transport, oil and gas rigs, and replacement of older fleets, are driving factors for the market. The use of electric power is enhancing safety, cost, and noise components. The light type of helicopters generated the maximum revenue for the Commercial Helicopter Market. Law Enforcement and public safety is the leading application, having witnessed a CAGR of 5% from 2017 to 2022 and a forecasted CAGR of 5.5% from 2022 to 2032. The global market for commercial helicopters witnessed a CAGR of 5.4% from the year 2017 to 2021 and is expected to witness a CAGR of 6.4% in the next ten years.
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Why is Noise Pollution a prominent restrictor for commercial helicopter sales and how are manufacturers working to combat it?
New technologies to reduce noise to help overcome a significant barrier to growth
According to studies, the sound a helicopter makes flying at 500 feet is around 87dB. At double the distance, 1000 feet, the sound level is significantly lower, 79 Db. These sound levels and the concern for noise pollution created due to them are key issues for the industry and a barrier to growth and mainstream usage. Manufacturers trying to combat this are looking at several options. One emerging solution amongst communities thus is to increase the height these helicopters fly at, and fly on less populated routes so as to reduce the harm to people. Apart from this, manufacturers have attempted to innovate their hardware in several ways.
Airbus introduced the Blue Edge rotor blades, which reduce BVI-generated noise through a swept-back tip. There have also been several innovations on the tail end of the aircraft. Fenestron by Airbus covers the tail rotors, which serve the dual purpose of noise reduction and improving safety.
How is the electric power usage in helicopters giving a boost to the market?
The increased safety, environmental noise, and reduced cost of electric power can provide gives a boost to the market
Fully electric helicopters still face issues with range, weight, and distance. Traditional helicopters have an edge over the existing models of purely electric aircraft since they can handle extreme conditions- such as the ones rescue operations are often carried out in, can fly longer distances, and fare better against unexpected weather issues.
Hybridized helicopters, which harness the benefits of electric power in combination with the advantages of traditional aircraft show promise in boosting market demand. There are several reasons why manufacturers are looking to switch over to electricity in some form. For one, the environmental benefits the improved fuel economy and emission reduction complete hybrids can provide, owing to the electric motor-traditional combustion engine setup.
Hybrid power can also reduce noise and cost-related concerns. For example, Bell introduced their version of an electrically distributed anti-torque system or EDAT which replaces the tail motor with electric fans. This system can lead to significantly lower operating costs and enhanced noise control. There are also safety benefits; for instance, Airbus and the French CAA tested out a hybrid helicopter with an electric engine as a backup, in the form of a battery and an electric motor. They found that this system provided around 30 seconds' worth of power, which is a crucial amount of tie in the event of engine failure as it provides the pilot precious seconds to trigger emergency mechanisms. The development of more powerful engines, which can allow for a few minutes of power shows significant potential in boosting demand by enhancing safety.
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Talk to AnalystHow are innovations in Urban Air Mobility providing a demand boost?
Helicopters gaining traction as a way to increase connectivity and boost the liveability of cities
Urban Air Mobility or the usage of small aircraft in urban areas at low altitudes is an emerging trend in the wider picture of making urban spaces more connected and boosting their liveability. One example of this is air taxis. As early as the 1950s, air taxi UAM services were being offered in the USA, mainly connecting people from cities to airports. Several cities even encourage this as a way to reduce congestion on prominent routes.
Which application contributes the most to demand for commercial helicopters?
Use in police operations, emergency medical services and search-rescue operations contribute to the demand growth
Public Safety and Law Enforcement is the leading application of commercial helicopters, having witnessed a CAGR of 5.0%, with the forecasted CAGR growing at 5.5%.
Helicopters can carry large weights and transport equipment and people to and from areas where road vehicles cannot reach. They can carry water to douse forest fires, log trees, people, or supplies from difficult terrain and carry camera equipment to cover police operations or large pallets of cargo. These helicopters are often being used for law enforcement, such as for traffic control, pollution control, night patrols, and surveillance.
The EMS or emergency medical services, such as air ambulance or emergency cargo transportation are a key component. In remote situations or in situations where the immediate transport of a patient, or transfer to other hospitals is necessary, air ambulances, which as helicopters equipped with a limited number of medical equipment, are often used.
Search and rescue operations are also harnessing the benefits of using helicopters. Smaller helicopters can be used to collect intelligence while larger aircraft can be used to physically remove people or drop supplies or emergency helpers in case of rescue or natural disaster relief.
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Category-Wise Insights
Why do light commercial helicopters make up the largest proportion of market revenue?
Light commercial helicopters are the leading component of commercial helicopters, having witnessed a CAGR of 5.2% in the 2017 to 2021 time period which is expected to continue, with the predicted CAGR growing at 6% during the forecast period. Light types of helicopters are often used in situations where heavy lifting is not necessary, such as in police operations, surveillance, aerial inspections, and archaeological or geographical surveys. The benefit of lower costs and the ability to take off, land, and be parked in comparatively narrow areas mean light commercial helicopters will continue to lead demand. They can also be used to gather information in case of a natural disaster.
Region-Wise Insights
How is Europe an emerging market for Commercial Helicopters?
Europe is an emerging market for commercial helicopters, having witnessed a CAGR of 2% from 2017 to 2021 and a forecasted CAGR of 6% in the forecast period of 2022 to 2032. The estimated market value at the end of the forecast period, 2032 is US$ 2.8 Billion, with the estimated contribution to revenue in 2021 being a quarter of the global market at 25.1%
The increase in defense spending and spending on emergency service-use helicopters, political tensions in the market, the need for replacement of the aging fleet, Heli-tourism, and technological developments as driving demand. The European Geostationary Navigation and Overlay Service, or EGNOS is a collaboration between the European Space Agency, Eurocontrol, and the European Commission, and provides a navigation system to improve the GPS accuracy in Europe significantly, by between from 2m to as much as 20m more accurate.
Country Wise Insights
Which country provides the largest part of the Commercial Helicopter Market?
The USA has the largest market for Commercial Helicopters and will continue to do so in 2032, with a market value of US$ 3.9 Billion. The US has the largest fleet of both civil and military helicopters at over 9,700, as well as the largest number of heliports, over 5600 in the world. From 2017 to 2021, the US witnessed a CAGR of 5.1%, and from 2022 to 2032, it is predicted to have a CAGR of 5.5%.
Competitive Landscape
Commercial helicopter manufacturers are focusing on further enhancing their existing models, improving safety, and harnessing new technologies such as electric power. There are a large number of researchers working on developing technologies for the automation of certain parts of the flying process to reduce loads on pilots. Airbus S.A.S., Bell Helicopter Textron Inc., Enstrom Helicopter Corp., Hindustan Aeronautics Limited, Korea Aerospace Industries, Lockheed Martin Sikorsky Aircraft, and Robinson Helicopter Company are among the key companies.
Some of the recent developments by the key players in the Commercial Helicopter Industry are as follows:
- In June 2022, Germany’s defense department confirmed that they would be buying 60 CH-47T helicopters from US-based company Boeing’s chinook helicopters for military use.
- In March 2022, Airbus Helicopters and countries including France and Spain announced an agreement. Under the agreement, around 42 of France’s combat helicopters will be upgraded, and 18 of Spain’s, and Germany's will be given the chance to enter the program, known as the Tiger MKIII program announced an agreement between France and Spain for its Tiger program. The prototype flight will occur in 2023, and the deliveries to France and Spain will occur in 2029 and 2030, respectively.
- In March 2022, France’s Safran Helicopter Engines and India’s Hindustan Aeronautics Limited signed a memorandum of understanding for their upcoming Joint Venture facility at Sattari, Goa. The planned facility will provide Maintenance and Repair Operation services to Safran and HAL helicopters.
- In November 2021, Russian Helicopters and Avicopter announced that they would be signing a deal to collaborate on the process of developing a multipurpose heavy-type helicopter. Russia’s Russian Helicopters will contribute to the technological development, while China’s Avicopter will work on the designing and prototype process to eventually produce and market it.
Key Segments Covered in Commercial Helicopters Survey
Commercial Helicopters Market by Type:
- Light
- Medium
- Heavy
- Very Large
Commercial Helicopters Market by Application:
- Oil & Gas
- Medical Services
- Transport
- Law Enforcement & Public Safety
- Other Applications
Commercial Helicopters Market by Region:
- North America Commercial Helicopters Market
- Latin America Commercial Helicopters Market
- Europe Preterm Commercial Helicopters Market
- Asia Pacific Commercial Helicopters Market
- Middle East & Africa Commercial Helicopters Market
Frequently Asked Questions
How much is the global Commercial Helicopters Market currently worth?
The global Commercial Helicopters market was valued at US$ 5.9 Billion in 2021.
What is the Commercial Helicopters market Forecast through 2032?
The Commercial Helicopters industry is set to witness a growth rate of 6.4% over the forecast period and be valued at US$ 11.5 Billion by 2032.
At what rate did demand for Commercial Helicopters increase over the past 5 years?
The Commercial Helicopters market expanded at 5.4% from 2017 through 2021.
Who are the key players shaping the Commercial Helicopters Industry?
Airbus S.A.S., Bell Helicopter Textron Inc., Enstrom Helicopter Corp., Hindustan Aeronautics Limited, Korea Aerospace Industries, Lockheed Martin Sikorsky Aircraft and Robinson Helicopter Company are some of the key players.
Which type of Commercial Helicopter is driving market demand?
The light Commercial Helicopters is driving significant market demand.
Which application of Commercial Helicopters is the key component of demand?
Law enforcement and Public Safety, which witnessed a CAGR of 5.0 from 2017 to 2022 and has a forecasted CAGR of 5.5% for the test 10 years, is the key component of demand.
Who are the top 5 countries driving the highest sales of Commercial Helicopters?
The USA, UK, China, Japan, and South Korea are expected to be the key drivers of sales.
What is the USA market outlook for Commercial Helicopters?
The market in the USA accounts for more than 37% of the global market.
Table of Content
1. Executive Summary | Commercial Helicopter Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Billion) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Billion) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Billion) Analysis By Type, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Type, 2022 to 2032 5.3.1. Light 5.3.2. Medium 5.3.3. Heavy 5.3.4. Very Large 5.4. Y-o-Y Growth Trend Analysis By Type, 2017 to 2021 5.5. Absolute $ Opportunity Analysis By Type, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Billion) Analysis By Application, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Billion) Analysis and Forecast By Application, 2022 to 2032 6.3.1. Oil & Gas 6.3.2. Medical Services 6.3.3. Transport 6.3.4. Law Enforcement & Public Safety 6.3.5. Other Applications 6.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021 6.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Billion) Analysis By Region, 2017 to 2021 7.3. Current Market Size Value (US$ Billion) Analysis and Forecast By Region, 2022 to 2032 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. Middle East and Africa (MEA) 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 8.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021 8.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032 8.2.1. By Country 8.2.1.1.United States of America 8.2.1.2. Canada 8.2.2. By Type 8.2.3. By Application 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Type 8.3.3. By Application 8.4. Key Takeaways 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021 9.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Type 9.2.3. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Type 9.3.3. By Application 9.4. Key Takeaways 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. United Kingdom 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Europe 10.2.2. By Type 10.2.3. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Type 10.3.3. By Application 10.4. Key Takeaways 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Japan 11.2.1.2. China 11.2.1.3. India 11.2.1.4. Malaysia 11.2.1.5. Singapore 11.2.1.6. Australia 11.2.1.7. Rest of Asia Pacific 11.2.2. By Type 11.2.3. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Type 11.3.3. By Application 11.4. Key Takeaways 12. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Billion) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Billion) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. GCC Countries 12.2.1.2. South Africa 12.2.1.3. Israel 12.2.1.4. Rest of MEA 12.2.2. By Type 12.2.3. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Type 12.3.3. By Application 12.4. Key Takeaways 13. Key Countries Market Analysis 13.1. United States of America 13.1.1. Pricing Analysis 13.1.2. Market Share Analysis, 2021 13.1.2.1. By Type 13.1.2.2. By Application 13.2. Canada 13.2.1. Pricing Analysis 13.2.2. Market Share Analysis, 2021 13.2.2.1. By Type 13.2.2.2. By Application 13.3. Brazil 13.3.1. Pricing Analysis 13.3.2. Market Share Analysis, 2021 13.3.2.1. By Type 13.3.2.2. By Application 13.4. Mexico 13.4.1. Pricing Analysis 13.4.2. Market Share Analysis, 2021 13.4.2.1. By Type 13.4.2.2. By Application 13.5. Rest of Latin America 13.5.1. Pricing Analysis 13.5.2. Market Share Analysis, 2021 13.5.2.1. By Type 13.5.2.2. By Application 13.6. Germany 13.6.1. Pricing Analysis 13.6.2. Market Share Analysis, 2021 13.6.2.1. By Type 13.6.2.2. By Application 13.7. United Kingdom 13.7.1. Pricing Analysis 13.7.2. Market Share Analysis, 2021 13.7.2.1. By Type 13.7.2.2. By Application 13.8. France 13.8.1. Pricing Analysis 13.8.2. Market Share Analysis, 2021 13.8.2.1. By Type 13.8.2.2. By Application 13.9. Spain 13.9.1. Pricing Analysis 13.9.2. Market Share Analysis, 2021 13.9.2.1. By Type 13.9.2.2. By Application 13.10. Italy 13.10.1. Pricing Analysis 13.10.2. Market Share Analysis, 2021 13.10.2.1. By Type 13.10.2.2. By Application 13.11. Rest of Europe 13.11.1. Pricing Analysis 13.11.2. Market Share Analysis, 2021 13.11.2.1. By Type 13.11.2.2. By Application 13.12. Japan 13.12.1. Pricing Analysis 13.12.2. Market Share Analysis, 2021 13.12.2.1. By Type 13.12.2.2. By Application 13.13. China 13.13.1. Pricing Analysis 13.13.2. Market Share Analysis, 2021 13.13.2.1. By Type 13.13.2.2. By Application 13.14. India 13.14.1. Pricing Analysis 13.14.2. Market Share Analysis, 2021 13.14.2.1. By Type 13.14.2.2. By Application 13.15. Malaysia 13.15.1. Pricing Analysis 13.15.2. Market Share Analysis, 2021 13.15.2.1. By Type 13.15.2.2. By Application 13.16. Singapore 13.16.1. Pricing Analysis 13.16.2. Market Share Analysis, 2021 13.16.2.1. By Type 13.16.2.2. By Application 13.17. Australia 13.17.1. Pricing Analysis 13.17.2. Market Share Analysis, 2021 13.17.2.1. By Type 13.17.2.2. By Application 13.18. Rest of Asia Pacific 13.18.1. Pricing Analysis 13.18.2. Market Share Analysis, 2021 13.18.2.1. By Type 13.18.2.2. By Application 13.19. GCC Countries 13.19.1. Pricing Analysis 13.19.2. Market Share Analysis, 2021 13.19.2.1. By Type 13.19.2.2. By Application 13.20. South Africa 13.20.1. Pricing Analysis 13.20.2. Market Share Analysis, 2021 13.20.2.1. By Type 13.20.2.2. By Application 13.21. Israel 13.21.1. Pricing Analysis 13.21.2. Market Share Analysis, 2021 13.21.2.1. By Type 13.21.2.2. By Application 13.22. Rest of MEA 13.22.1. Pricing Analysis 13.22.2. Market Share Analysis, 2021 13.22.2.1. By Type 13.22.2.2. By Application 14. Market Structure Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Market Share Analysis of Top Players 14.3.1. By Regional 14.3.2. By Type 14.3.3. By Application 15. Competition Analysis 15.1. Competition Deep Dive 15.1.1. Airbus S.A.S. 15.1.1.1. Overview 15.1.1.2. Product Portfolio 15.1.1.3. Profitability by Market Segments 15.1.1.4. Sales Footprint 15.1.1.5. Strategy Overview 15.1.1.5.1. Marketing Strategy 15.1.2. Bell Helicopter Textron Inc. 15.1.2.1. Overview 15.1.2.2. Product Portfolio 15.1.2.3. Profitability by Market Segments 15.1.2.4. Sales Footprint 15.1.2.5. Strategy Overview 15.1.2.5.1. Marketing Strategy 15.1.3. Enstrom Helicopter Corp. 15.1.3.1. Overview 15.1.3.2. Product Portfolio 15.1.3.3. Profitability by Market Segments 15.1.3.4. Sales Footprint 15.1.3.5. Strategy Overview 15.1.3.5.1. Marketing Strategy 15.1.4. Hindustan Aeronautics Limited 15.1.4.1. Overview 15.1.4.2. Product Portfolio 15.1.4.3. Profitability by Market Segments 15.1.4.4. Sales Footprint 15.1.4.5. Strategy Overview 15.1.4.5.1. Marketing Strategy 15.1.5. Korea Aerospace Industries, Ltd. 15.1.5.1. Overview 15.1.5.2. Product Portfolio 15.1.5.3. Profitability by Market Segments 15.1.5.4. Sales Footprint 15.1.5.5. Strategy Overview 15.1.5.5.1. Marketing Strategy 15.1.6. Leonardo S.P.A. 15.1.6.1. Overview 15.1.6.2. Product Portfolio 15.1.6.3. Profitability by Market Segments 15.1.6.4. Sales Footprint 15.1.6.5. Strategy Overview 15.1.6.5.1. Marketing Strategy 15.1.7. Lockheed Martin Corporation 15.1.7.1. Overview 15.1.7.2. Product Portfolio 15.1.7.3. Profitability by Market Segments 15.1.7.4. Sales Footprint 15.1.7.5. Strategy Overview 15.1.7.5.1. Marketing Strategy 15.1.8. MD Helicopters, Inc. 15.1.8.1. Overview 15.1.8.2. Product Portfolio 15.1.8.3. Profitability by Market Segments 15.1.8.4. Sales Footprint 15.1.8.5. Strategy Overview 15.1.8.5.1. Marketing Strategy 15.1.9. Robinson Helicopter Company 15.1.9.1. Overview 15.1.9.2. Product Portfolio 15.1.9.3. Profitability by Market Segments 15.1.9.4. Sales Footprint 15.1.9.5. Strategy Overview 15.1.9.5.1. Marketing Strategy 15.1.10. Russian Нelicopters, JSC 15.1.10.1. Overview 15.1.10.2. Product Portfolio 15.1.10.3. Profitability by Market Segments 15.1.10.4. Sales Footprint 15.1.10.5. Strategy Overview 15.1.10.5.1. Marketing Strategy 16. Assumptions & Acronyms Used 17. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Billion) Forecast by Region, 2017 to 2032 Table 2: Global Market Value (US$ Billion) Forecast by Type, 2017 to 2032 Table 3: Global Market Value (US$ Billion) Forecast by Application, 2017 to 2032 Table 4: North America Market Value (US$ Billion) Forecast by Country, 2017 to 2032 Table 5: North America Market Value (US$ Billion) Forecast by Type, 2017 to 2032 Table 6: North America Market Value (US$ Billion) Forecast by Application, 2017 to 2032 Table 7: Latin America Market Value (US$ Billion) Forecast by Country, 2017 to 2032 Table 8: Latin America Market Value (US$ Billion) Forecast by Type, 2017 to 2032 Table 9: Latin America Market Value (US$ Billion) Forecast by Application, 2017 to 2032 Table 10: Europe Market Value (US$ Billion) Forecast by Country, 2017 to 2032 Table 11: Europe Market Value (US$ Billion) Forecast by Type, 2017 to 2032 Table 12: Europe Market Value (US$ Billion) Forecast by Application, 2017 to 2032 Table 13: Asia Pacific Market Value (US$ Billion) Forecast by Country, 2017 to 2032 Table 14: Asia Pacific Market Value (US$ Billion) Forecast by Type, 2017 to 2032 Table 15: Asia Pacific Market Value (US$ Billion) Forecast by Application, 2017 to 2032 Table 16: MEA Market Value (US$ Billion) Forecast by Country, 2017 to 2032 Table 17: MEA Market Value (US$ Billion) Forecast by Type, 2017 to 2032 Table 18: MEA Market Value (US$ Billion) Forecast by Application, 2017 to 2032
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Figure 1: Global Market Value (US$ Billion) by Type, 2022 to 2032 Figure 2: Global Market Value (US$ Billion) by Application, 2022 to 2032 Figure 3: Global Market Value (US$ Billion) by Region, 2022 to 2032 Figure 4: Global Market Value (US$ Billion) Analysis by Region, 2017 to 2032 Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032 Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032 Figure 7: Global Market Value (US$ Billion) Analysis by Type, 2017 to 2032 Figure 8: Global Market Value Share (%) and BPS Analysis by Type, 2022 to 2032 Figure 9: Global Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032 Figure 10: Global Market Value (US$ Billion) Analysis by Application, 2017 to 2032 Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032 Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032 Figure 13: Global Market Attractiveness by Type, 2022 to 2032 Figure 14: Global Market Attractiveness by Application, 2022 to 2032 Figure 15: Global Market Attractiveness by Region, 2022 to 2032 Figure 16: North America Market Value (US$ Billion) by Type, 2022 to 2032 Figure 17: North America Market Value (US$ Billion) by Application, 2022 to 2032 Figure 18: North America Market Value (US$ Billion) by Country, 2022 to 2032 Figure 19: North America Market Value (US$ Billion) Analysis by Country, 2017 to 2032 Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032 Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032 Figure 22: North America Market Value (US$ Billion) Analysis by Type, 2017 to 2032 Figure 23: North America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032 Figure 24: North America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032 Figure 25: North America Market Value (US$ Billion) Analysis by Application, 2017 to 2032 Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032 Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032 Figure 28: North America Market Attractiveness by Type, 2022 to 2032 Figure 29: North America Market Attractiveness by Application, 2022 to 2032 Figure 30: North America Market Attractiveness by Country, 2022 to 2032 Figure 31: Latin America Market Value (US$ Billion) by Type, 2022 to 2032 Figure 32: Latin America Market Value (US$ Billion) by Application, 2022 to 2032 Figure 33: Latin America Market Value (US$ Billion) by Country, 2022 to 2032 Figure 34: Latin America Market Value (US$ Billion) Analysis by Country, 2017 to 2032 Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032 Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032 Figure 37: Latin America Market Value (US$ Billion) Analysis by Type, 2017 to 2032 Figure 38: Latin America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032 Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032 Figure 40: Latin America Market Value (US$ Billion) Analysis by Application, 2017 to 2032 Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032 Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032 Figure 43: Latin America Market Attractiveness by Type, 2022 to 2032 Figure 44: Latin America Market Attractiveness by Application, 2022 to 2032 Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032 Figure 46: Europe Market Value (US$ Billion) by Type, 2022 to 2032 Figure 47: Europe Market Value (US$ Billion) by Application, 2022 to 2032 Figure 48: Europe Market Value (US$ Billion) by Country, 2022 to 2032 Figure 49: Europe Market Value (US$ Billion) Analysis by Country, 2017 to 2032 Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032 Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032 Figure 52: Europe Market Value (US$ Billion) Analysis by Type, 2017 to 2032 Figure 53: Europe Market Value Share (%) and BPS Analysis by Type, 2022 to 2032 Figure 54: Europe Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032 Figure 55: Europe Market Value (US$ Billion) Analysis by Application, 2017 to 2032 Figure 56: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032 Figure 57: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032 Figure 58: Europe Market Attractiveness by Type, 2022 to 2032 Figure 59: Europe Market Attractiveness by Application, 2022 to 2032 Figure 60: Europe Market Attractiveness by Country, 2022 to 2032 Figure 61: Asia Pacific Market Value (US$ Billion) by Type, 2022 to 2032 Figure 62: Asia Pacific Market Value (US$ Billion) by Application, 2022 to 2032 Figure 63: Asia Pacific Market Value (US$ Billion) by Country, 2022 to 2032 Figure 64: Asia Pacific Market Value (US$ Billion) Analysis by Country, 2017 to 2032 Figure 65: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032 Figure 66: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032 Figure 67: Asia Pacific Market Value (US$ Billion) Analysis by Type, 2017 to 2032 Figure 68: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2022 to 2032 Figure 69: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032 Figure 70: Asia Pacific Market Value (US$ Billion) Analysis by Application, 2017 to 2032 Figure 71: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2022 to 2032 Figure 72: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032 Figure 73: Asia Pacific Market Attractiveness by Type, 2022 to 2032 Figure 74: Asia Pacific Market Attractiveness by Application, 2022 to 2032 Figure 75: Asia Pacific Market Attractiveness by Country, 2022 to 2032 Figure 76: MEA Market Value (US$ Billion) by Type, 2022 to 2032 Figure 77: MEA Market Value (US$ Billion) by Application, 2022 to 2032 Figure 78: MEA Market Value (US$ Billion) by Country, 2022 to 2032 Figure 79: MEA Market Value (US$ Billion) Analysis by Country, 2017 to 2032 Figure 80: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032 Figure 81: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032 Figure 82: MEA Market Value (US$ Billion) Analysis by Type, 2017 to 2032 Figure 83: MEA Market Value Share (%) and BPS Analysis by Type, 2022 to 2032 Figure 84: MEA Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032 Figure 85: MEA Market Value (US$ Billion) Analysis by Application, 2017 to 2032 Figure 86: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032 Figure 87: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032 Figure 88: MEA Market Attractiveness by Type, 2022 to 2032 Figure 89: MEA Market Attractiveness by Application, 2022 to 2032 Figure 90: MEA Market Attractiveness by Country, 2022 to 2032
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