Core Insights - The China Aviation Industry Corporation released the "Civil Helicopter Market Forecast Report (2025-2034)" predicting that by 2029, the civil helicopter fleet in China will exceed 1,700 units, with growth slowing after 2030 due to the impact of new low-altitude equipment like drones and eVTOLs, and by 2034, the fleet is expected to surpass 2,000 units [1][2] Group 1 - The report forecasts a total demand of 685 civil helicopters in the next decade, with over 70% of this demand being for turbine helicopters [1] - By the end of 2024, the civil helicopter fleet in China is projected to reach 1,403 units, a 2.3% increase from the previous year, with light helicopters making up over 40% of the fleet [2] - The report indicates that the total flight hours for civil helicopters in China will show an overall growth trend, surpassing 300,000 hours by 2029 and 370,000 hours by 2034 [2] Group 2 - In 2024, the total flight hours for civil helicopters are expected to be 233,000 hours, a year-on-year increase of 5.9%, with the oil service sector accounting for nearly 60,000 hours, representing over 25% market share [2] - The aerial tourism sector has seen rapid growth, with flight hours exceeding 37,000 in 2024, doubling from 2019 levels [2] - Traditional operational areas such as aerial inspection and agricultural spraying maintain over 20,000 flight hours annually, although their market share is declining [2]