According to the recent study the military rotorcraft market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by rise in territorial and political conflicts, rapid advancement in technology, and increasing usage of advanced military helicopters.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in military rotorcraft market by product type (attack helicopters, transport helicopters, and multi-mission and training helicopters), Airbus SE, Aviation Industry Corporation of China (AVIC), Embraer SA, Kawasaki Heavy Industries, Leonardo SpA, Lockheed Martin Corporation, and Mitsubishi (troop airlifting, cargo supply, emergency medical services, corporate services, search and rescue operation, oil and gas, defense, homeland security, and others), weight (lightweight, medium weight and heavy weight), payload (below 50 tons, 51 tons to 100 tons, 101 tons, and above), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Heavy weight market is expected to remain the largest segment during the forecast period.”
Based on weight, the military rotorcraft market is segmented into lightweight, medium weight and heavy weight. Lucintel forecasts that the heavy weight market is expected to remain the largest segment due to the augmenting demand for rotorcraft with specific application, rising transportation of cargo and troops, and high passenger carrying capacity for commercial application.
“Within the military rotorcraft market, the attack helicopters segment is expected to remain the largest product type”
Based on product type the attack helicopters segment is expected to witness the highest growth over the forecast period due to the procurement of attack helicopters on a large scale, rise in counterterrorism and counterinsurgency campaigns and increase in search and rescue activities.
“Asia pacific will dominate the military rotorcraft market in near future”
APAC will remain the largest region due to the growing military spending, increasing requirement of modernized military equipment and presence of key players in the region.
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Major players of military rotorcraft market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Airbus SE, Aviation Industry Corporation of China (AVIC), Embraer SA, Kawasaki Heavy Industries, Leonardo SpA, Lockheed Martin Corporation, and Mitsubishi are among the major military rotorcraft providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/military-rotorcraft-market.aspx or [email protected]