Market Overview
A rotorcraft is a heavy airborne machine that works by generating lift caused by its wings, which are called rotary wings or rotor blades. Several rotor blades are fixed and rotate around the pole to generate the lifting force to overcome the gravity pull and the weight by generating the required uplift pressure and providing direction through forcing down the oncoming air. The major advantage of a rotorcraft is that it can hover at a location. Gyroplanes are used for low speed surveillance operations and are relatively more cost-effective and easier to maintain than other types of aircraft.
The major concern of rotorcraft is the generation of enough lift, against the bulky wings to overcome the air force. These aircraft also require a long runway for takeoff and landing. These pose as major restrains for growth of the market for airborne weapon systems for rotorcraft.
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Market Dynamics
The military segment is expected to exhibit significant growth over the forecast period (2017 – 2025), due to constant demand for replacing old fleets to enhance the operations.
Governments across the world are more likely to adopt multi-functional helicopters, including ground attack, air assault, cargo, surveillance, rescue operations, humanitarian aid, and troop transport due to the cut in defense budget. The Ministry of Defense, Government of India, intends to procure around 123 naval multi-role helicopters along with spare engines. Hence, the multi-mission and maritime helicopters segment is expected to account for the major market share of the global rotorcraft market over the forecast period.
Global Airborne Weapon Systems for Rotorcraft Market Taxonomy
On the basis of class, the global airborne weapon systems for rotorcraft market is segmented into:
Helicopter
Cyclocopter
Autogyro
Gyrodyne
Rotor kite
On the basis of application, the global airborne weapon systems for rotorcraft market is segmented into:
Military Rotorcraft
Attack helicopters
Maritime helicopters
Survey helicopters
Training helicopters
Transport helicopters
Multi-mission helicopters
Civil Rotorcraft
Light helicopter
Intermediate helicopter
Medium helicopter
Large & heavy helicopter
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Major players operating in the global airborne weapon systems for rotorcraft market include The Boeing Company, Bell Helicopters, Sikorsky, Leonardo-Finmeccanica, Changhe Aircraft Industries, Hindustan Aeronautics Limited (HAL), Airbus Defense and Space, Embraer, Lockheed Martin Corporation, Korean Aerospace Industries, Russian Helicopters, MD Helicopters, Turkish Aerospace Industries, Enstrom Helicopters, Rolls-Royce, and Helibras.
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