Military Helicopter Market

Global Military Helicopter Market Research Report Forecast to 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Global Military Helicopter Market Forecast 2023
Market Research Future published a cooked research report on the global military helicopter market. The
military helicopter market is estimated to register a CAGR of approximately 8.4% during the forecast period
of 2018 to 2023.
Military helicopters assist in surveillance and evacuation activities. Factors such as territorial conflicts,
increased helicopter fleet manufactured and the growing demand for replacement of obsolete fleets are
driving the global military helicopter market.
The global military helicopter market has been segmented based on type, procurement type, and region. On
the basis of type, the military helicopter market is divided into heavy cargo, attack, reconnaissance, light
utility, medium utility, maritime, and search & rescue. In 2017, the attack segment dominated the global
market. Enhanced functionalities offered such as firing stability, tactical air control and exclusive economic
zone protection are factors driving the demand for attack helicopters. However, maritime helicopters are
anticipated to grow at the fastest CAGR over the forecast period owing to features offered such as advanced
sensors, situational awareness, and command & control among others. On the basis of procurement type,
the market has been segmented into new acquisitions, and upgrades. The new acquisitions segment
dominated the global market over the forecast period owing helicopter fleet manufactured. However,
upgrades segment is expected to grow at the fastest CAGR over the forecast period. High cost of original
equipment and services offered by aftermarket players such as modifications, customizations and
maintenance are boosting the upgrades segment.
Forecast 2023
Global Military Helicopter Market Forecast 2023
On the basis of region, the global military helicopter market is segmented into North America, Europe, AsiaPacific, Middle East & Africa, and Latin America. In 2017, North America dominated the global market.
Presence of prominent players such as Lockheed Martin Corporation, and Boeing among others is driving the
market growth. Additionally, stringent government regulations pertaining helicopter manufacturing and
flying are driving the market growth. However, Asia Pacific is expected to grow at the fastest CAGR over the
forecast period owing to factors such as increasing defense expenditure by developing economies such as
China and India. Additionally, increasing adoption of military helicopters by various governments is also
boosting the market growth in the region.
Key Players
The key players in the global military helicopter market are Lockheed Martin Corporation (US), Boeing (US),
BAE Systems (UK), Hindustan Aeronautics Limited (India), Airbus S.A.S (France), Leonardo (Italy), Bell
Helicopter Textron Inc. (US), Russian Helicopters, JSC (Russia), Korea Aerospace Industries, Ltd. (South Korea)
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Global Military Helicopter Market Forecast 2023
Report Key Insights
• Market Sizing, Forecast and Analysis: Detailed coverage on market segment and its sub segments
• Regional / Country Trend and Forecast: Detailed analysis on North America, Asia Pacific, Europe, Middle
East & Africa, and Latin America, along with key countries in each of the regions
• Market dynamics intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply
chain & value chain analysis
• Technology Trend, Regulatory Landscape, and Patent Analysis Outlook
• Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, strategic
developments including JVs, Product Launch, and M&A
• Regional attractiveness and related growth opportunities.
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