Heliport Market Size

Heliport Market Size

Heliport Market was valued at USD 70.7 million in 2023 and is projected to grow at a CAGR of over 2% between 2024 and 2032, attributed to the increased demand for air transportation. Based on IATA estimates, the revival in global air travel demand sustained its progress since June 2021, achieving 74.2% of the 2019 level as of October 2022. This positive trend is primarily attributed to the easing of travel restrictions and the widespread rollout of vaccines in an expanding array of countries. The demand for efficient and quick transportation options, especially in urban areas with high population density, is driving the need for heliports. Helicopters offer a flexible and time-saving mode of transportation, making them valuable for business executives, emergency services, and VIP transport, creating a favorable growth outlook for the heliport industry.

To get key market trends

  Download Free Sample

The development of urban air mobility concepts, there has been an increased focus on integrating helicopters and other vertical take-off and landing (VTOL) aircraft into urban transportation systems. For instance, in September 2022, the UIC2 marked its 5th Anniversary by transitioning into the EU's CIVITAS Initiative. This transformation within the CIVITAS Thematic Area of Demand and Urban Space Management led to the establishment of the CIVITAS Urban Air Mobility Thematic Cluster. Heliports were considered essential for supporting these emerging modes of air travel, catering to the demand for more sustainable and efficient urban transportation solutions.
 

However, establishing heliports involves significant upfront costs for construction, safety measures, and operational facilities. The expenses associated with designing and building heliport infrastructure can be a deterrent, especially for smaller cities or regions with budget constraints. The financial commitment required limit the widespread development of heliport facilities.