Rotorcraft
Brisk Growth Seen for Heavy Lifters
Demand for heavy lift helicopters will continue through the next decade
Erickson AIr Crane
© Erickson

The heavy lift helicopter market is expected to more than double, posting an almost 9 percent annual growth over the next decade, and reach $10.79 billion by 2032. That’s the conclusion of Allied Market Research (AMR) in a recent report.

The report breaks down the heavy lift helicopter market by industrial sector and region. Aerial firefighting is forecast to post the highest compound annual growth rate (CAGR) at 10.6 percent. AMR said “heightened concerns over wildfires caused by climate change, urbanization, and land management practices” have resulted in “increased investment in aerial firefighting resources” to bolster wildfire prevention, detection, and suppression.