PUBLISHER: The Insight Partners | PRODUCT CODE: 1780295
PUBLISHER: The Insight Partners | PRODUCT CODE: 1780295
The helicopter hoists, winches, and hooks market was valued at US$ 1.22 billion in 2024 and is projected to reach US$ 1.81 billion by 2031; it is expected to register a CAGR of 5.9% during 2025-2031. The focus on safety and compliance is likely to bring new trends to the helicopter hoists, winches, and hooks market in the coming years.
The helicopter hoists, winches, and hooks market is witnessing a greater emphasis on safety and compliance with the growing stringency of safety regulations. This change is evident in recent strategic developments in the market, as manufacturers have been investing in research and development for safety features. Recent innovations associated with safety features, such as automatic load monitoring, are becoming standard with new hoist systems. For instance, in December 2024, Vita Inclinata Technologies announced the completion of Army Airworthiness qualification and Air Force testing on the Vita Rescue System (VRS), the first VRS unit that would be delivered to the South Carolina Army National Guard. This was viewed as a major advancement in the interagency capabilities for search-and-rescue operations. Similarly, in September 2024, Onboard Systems International, LLC announced that its TALON HEC dual cargo hook systems for the Bell 429 aircraft received STC from the FAA. The TALON HEC (i.e., human external cargo) hook systems comply with the 14 CFR part 27.865 certification for HEC and can be implemented on existing configurations. The company is in the process of submitting these systems to Transport Canada and EASA for validation. Thus, a surge in focus on safety and compliance will likely bring significant trends in the helicopter hoists, winches, and hooks market in the coming years.
Based on product type, the helicopter hoists, winches, and hooks market has been segmented into cargo hooks, double hooks, specialized hooks, hoists, and winches. In terms of load capacity, the market is categorized into below 1,500 lbs, 1,500-6,000 lbs, and above 6,000 lbs. Based on application, the market is segregated into sling load operations/aerial work, construction operations, firefighting operations, military operations, telecom equipment transportation, and others. Based on geography, the helicopter hoists, winches, and hooks market is categorized into North America, Europe, APAC, the MEA, and SAM.
Moog Inc, Talon Helicopters, Dart Aerospace, AllClear Aerospace & Defense, Sika Interplant Systems Limited, VINCORION Advanced Systems GmbH, Life Support International Inc., Onboard Systems Hoist & Winch, Breeze-Eastern LLC, Heli-One, Airbus SE, and Helitech Solutions are among the top companies profiled in the helicopter hoists, winches, and hooks market report. These players are introducing high-performance and advanced-featured products with customized offerings to stay competitive in the market. In addition, the performances of other essential market players have been analyzed to get a holistic view of the helicopter hoists, winches, and hooks market and its ecosystem.