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.
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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.
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
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