Worldwide Military Rotorcraft Market Growth, Trends and Forecast 2019-2024 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Military
Rotorcraft Market – Growth, Trends, and Forecast (2019 – 2024)”

report has been added to ResearchAndMarkets.com’s
offering.

The military rotorcraft market is estimated to register a CAGR of more
than 3% during the forecast period.

Several countries around the world have increased their defense spending
for strengthening their border security and also for the procurement of
advanced weapons and technologies. This may help the growth of the
military rotorcraft market in the years to come.

Recent unrest and political tensions between countries like India,
Pakistan, and China, the testing of nuclear weapons by North Korea, and
the incidents like the unrest in Syria, have forced the neighboring
nations to strengthen their armed forces. In this regard, the
procurement of aerial vehicles like the rotorcraft has grown over the
years, as the weapons fired aerially can be more effective and lethal
and will have a higher range of operation.

Advancement in aircraft technologies, the necessity for the replacement
of aging rotorcraft, and the increase in disasters in recent times are
some of the driving factors for the use of military rotorcraft.

Key Market Trends

Attack helicopter segment to dominate the market

Currently, the attack helicopter segment has the highest market share
out of all the segments, due to the procurement of attack helicopters on
a large scale around the world.

However, the other types segment, which includes rotorcraft used for
several purposes like the reconnaissance, training, observation, and
maritime purposes, is projected for a high growth rate, due to the
increasing usage of the rotorcraft for many support purposes.

North America to have the highest market share

North America, at present, has the highest market share in the military
rotorcraft market. The United States has the largest number of military
rotorcraft in the world and is constantly procuring new military
rotorcraft every year in huge quantities. Furthermore, through Foreign
Military Sales (FMS), the United States sells its military rotorcraft on
a large scale to countries across the world.

However, during the forecast period, the revenues from Asia-Pacific are
expected to increase with a higher growth rate than North America. The
revenues from Asia-Pacific are driven by the high demand from the
countries in the region.

Competitive Landscape

Russian Helicopters, Lockheed Martin Corporation, the Boeing Company,
Textron Inc., and Leonardo SpA are some of the prominent players in the
market at present. There have been many partnerships in recent times for
the production of advanced military rotorcrafts.

In December 2018, Sikorsky (Lockheed Martin Corporation) and Boeing
unveiled the first look at the “Defiant helicopter”, which is one of two
designs competing under the US Army’s joint multi-role technology
demonstrator program. The first flight would be delayed until 2019. The
ongoing partnerships are expected to bring new and advanced rotorcraft
models into the limelight in the years to come, thereby helping the
partner companies to grab new contracts and increase their market share.

Key Topics Covered

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porter’s Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Type

5.1.1 Attack helicopters

5.1.2 Transport helicopters

5.1.3 Multi-Mission helicopters

5.1.4 Other Types

5.2 Geography

5.2.1 North America

5.2.2 Europe

5.2.3 Asia-Pacific

5.2.4 Latin America

5.2.5 Middle East & Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations and
Agreements

6.2 Vendor Market Share

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

6.4.1 Russian Helicopters

6.4.2 Lockheed Martin Corporation

6.4.3 The Boeing Company

6.4.4 Textron Inc.

6.4.5 Airbus SE

6.4.6 Leonardo S.p.A.

6.4.7 Korea Aerospace Industries Ltd.

6.4.8 Changhe Aircraft Industries Corporation

6.4.9 Hindustan Aeronautics Limited (HAL)

6.4.10 MD Helicopters Inc.

6.4.11 Turkish Aerospace Industries Inc.

6.4.12 Helibras

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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Related
Topics: Aircraft,
Military
Aircraft