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Rapidly changing global security scenario and the growing importance of unconventional missions and urban warfare have resulted in change of roles for helicopters in the modern warfare strategies. Unlike their traditional roles, rotorcrafts are being used as part of the comprehensive mission parameters, which calls for integration of advanced and multiple capabilities in rotorcrafts.
As the existing helicopters are unable to fulfill these roles, countries are focusing on either developing or procuring helicopters with multiple mission modes, which is currently driving the demand for military helicopters across the world. Apart from this, growing disputes over maritime borders and offshore natural resources are the primary drivers of the growing demand for maritime helicopters with multi-mission capabilities. Despite facing financial constraints, major defense spenders are driven by the growing need for the helicopters with advanced capabilities and challenges from internal and external security threats.
The demand for rotorcraft is expected to be driven by the need to replace aging fleets and enhance capabilities pertaining to disaster relief operations.
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The global military rotorcraft market is expected to grow at a CAGR of 4.28% over the forecast period driven by the need to replace aging fleets and enhance capabilities pertaining to disaster relief operations.
In terms of segments, multi-mission and maritime helicopters will lead the world’s military rotorcraft market, with a share of 42.4%, followed by attack helicopters, accounting for a share of 34.0%.
The transport helicopter segment is expected to account for the third largest expenditure with a share of 22.3% over the forecast period, followed by training helicopters with a share of 1.3%.
-Market size and drivers: detailed analysis during 2017-2027, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world
- Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of military aircraft segments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants
- Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
- Major programs: details of the key programs in each segment, which are expected to be executed during 2017-2027
- Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
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