The rotorcraft market in the US has shown consistent growth over the observed period from 2013 to 2023, standing at 10.95 thousand units in 2023. Year-on-year growth has gradually decreased, with variations from -2.88% in 2013 to 0.9% in 2023. Despite fluctuating yearly changes, the 5-year CAGR from 2019 to 2023 stands at 0.96%, indicating steady, albeit modest, annual growth. Forecasts suggest this trend will continue, with a projected 5-year CAGR of 0.65% and an estimated 3.3% total growth by 2028.
Future trends to watch for include:
- Technological advancements in rotorcraft design and materials.
- Increasing demand for rotorcraft in urban air mobility and emergency services.
- Regulatory changes and their impact on market growth.
- Expanding applications in commercial sectors such as tourism and transport.