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Military Rotorcraft Market

Military Rotorcraft Market Forecasts to 2028 – Global Analysis By Type (Transport Helicopters, Multi-Mission Helicopters), Product (Light Military Rotorcraft, Medium Military), Application (Fighting, Detection) and By Geography

4.3 (56 reviews)
Published: December 2021 ID: SMRC21226
4.3 (56 reviews)
Published: December 2021 ID: SMRC21226

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Military Rotorcraft Market is accounted for $14,942.40 million in 2020 and is expected to reach $23,458.78 million by 2028 growing at a CAGR of 5.8% during the forecast period. Advancement in technology, the necessity for the replacement of aging helicopters, an increase in disasters, and rising territorial disputes are the major factors propelling the market growth. However, the lack of maintenance, repair, and overhaul services is hampering the market growth.

Military rotorcraft provides a capable, affordable, and ready-to-serve platform for the U.S. Air Force’s UH-1N replacement program. A military helicopter's mission is a function of its design or conversion. The most common use of military helicopters is the transport of troops, but transport helicopters can be modified or converted to perform other missions such as combat search and rescue (CSAR), medical evacuation (MEDEVAC), airborne command post, or even armed with weapons for attacking ground targets.

Based on the type, the attack helicopters segment is going to have a lucrative growth during the forecast period. An attack helicopter is an armed helicopter with the main role of an attack aircraft, with the capability of engaging targets on the ground, such as enemy infantry and armored fighting vehicles.

By geography, the Asia Pacific holds the largest share in the market during the forecast period due to the increase in demand for military rotorcraft, as the weapons fired aerially can be more effective and lethal and will have a higher range of operation.

Some of the key players profiled in the Military Rotorcraft Market include Airbus, Boeing, Changhe Aircraft Industries, Embraer, Enstrom Helicopter Corporation, Hindustan Aeronautics Limited (HAL), Korea Aerospace Industries (KAI), Leonardo, Lockheed Martin, MD Helicopters, Rostec Corp, Russian Helicopters, Sikorsky Aircraft Corporation, Textron Bell, Turkish Aerospace Industries, Changhe Aircraft Industries Corporation, and Helibras.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 14,942.40 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

5.8%

Predicted 2028 Value:

USD 23,458.78 million

Forecast Years:

2021-2028

Tables, Graphs & Figures

161

Chapters Covered:

Type, Product, Number of Engine, Component, Application and Region

Core Drivers and Opportunities:

  • The necessity for the replacement of aging helicopters
  • Rising territorial disputes

Restraining Factors & Market Threats:

  • The lack of maintenance, repair, and overhaul services

 
Types Covered:
• Transport Helicopters
• Multi-Mission Helicopters
• Attack Helicopters
• Utility Helicopter
• Maritime Helicopter
• Training Helicopter
• Reconnaissance Helicopters

Products Covered:
• Light Military Rotorcraft
• Medium Military Rotorcraft
• Heavy Military Rotorcraft

Number of Engines Covered:
• Single Engine
• Twin Engine
 
Components Covered:
• Main Rotor Systems
• Anti-Torque Systems
• Electrical Systems
• Hydraulic Systems
• Avionic

Applications Covered:
• Fighting
• Transportation
• Detection
 
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Military Rotorcraft Market is majorly driven by the advancement in technology, the necessity for the replacement of aging helicopters, and rising territorial disputes.

The attack helicopters segment is growing at the highest CAGR owing to the procurement of attack helicopters on a large scale around the world.

North America dominated with a significant market share due to it being supported by the government.

Asia Pacific market is growing at the highest CAGR due to developing the fighter aircraft manufacturing capabilities.

Key players in Military Rotorcraft Market include Airbus, Boeing, Changhe Aircraft Industries, Embraer, Enstrom Helicopter Corporation, Hindustan Aeronautics Limited (HAL), Korea Aerospace Industries (KAI), Leonardo, Lockheed Martin, MD Helicopters, Rostec Corp, Russian Helicopters, Sikorsky Aircraft Corporation, Textron Bell, Turkish Aerospace Industries, Changhe Aircraft Industries Corporation, and Helibras.

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