Military Helicopter Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Type (Heavy Cargo, Attack, Reconnaissance, Light Utility, Medium Utility, Maritime, and Search & Rescue), Procurement Type (New Acquisitions, Upgrades) and Region- Global Forecast till 2023
— Global Military Helicopter Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
Military helicopters are known for their multiple applications during wars like surveillance, rescue, attack, and many more. The ability to land in difficult terrains and back up units in difficult times give it much acknowledgement. Riding on features like these. The military helicopter market is all set to soar with an 8.4% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their latest report on the said market discussed the possibilities riding on which the global market can expand.
Factors such as increasing territorial conflicts, growing demand for upgradation, and integration of advanced technologies can be acknowledged for better market prospects. Increasing military expenditure can also inspire market expansion. But the fluctuating raw material prices can hamper the global market growth.
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Companies impacting the global military helicopter market, as per MRFR reports are-
• Hindustan Aeronautics Limited (India)
• Lockheed Martin Corporation (US)
• BAE Systems (UK)
• Boeing (US)
• Leonardo (Italy)
• Airbus S.A.S (France)
• Korea Aerospace Industries Ltd. (South Korea)
• Russian Helicopters JSC (Russia)
• Bell Helicopter Textron Inc. (US)
• KAMAN CORPORATION (US)
These companies are getting involved in strategic moves to take advantage of the market and progress but the regional market is also gaining much from their competitive strategies. The growth is quite holistic.
Recently published news regarding the notions of the U.S. Army, the defense sector is planning on buying long range assault aircrafts and replace UH-60 Black Hawk Helicopters. These can be helicopters as well and this time, defense sector’s interest is expected to increase helicopter manufacturer’s initiatives.
Report Key Insights
• Market Sizing, Forecast and Analysis: Detailed coverage on market segment and its sub segments
• Regional / Country Trend and Forecast: Detailed analysis on North America, Asia Pacific, Europe, Middle East & Africa, and Latin America, along with key countries in each of the regions
• Market dynamics intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain & value chain analysis
• Technology Trend, Regulatory Landscape, and Patent Analysis Outlook
• Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, strategic developments including JVs, Product Launch, and M&A
• Regional attractiveness and related growth opportunities
MRFR in their recently documented report on the military helicopter market segmented it by type and procurement type. The segmentation includes volume-wise and value-wise analysis of the market and gives a deeper look into the market.
By type, the military helicopter market includes heavy cargo, attack, reconnaissance, light-utility, medium-utility, maritime, and search & rescue. The search & rescue segment of the military helicopter segment has significant market dominance as it, at times, gets used in civic purposes as well. The heavy cargo segment gets widespread application in supplying backups to military in difficult regions.
By procurement type, the military helicopter market comprises new acquisitions and upgrades. The new acquisition segment is expected to witness substantial traction as evolving regions are showing considerable interest in adding advanced fleets to their defense segment. The upgrade section can also witness substantial rise as countries would implement their research & development results to modify their existing aircrafts.
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North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa (MEA) are regions that have been named in the report recently published by MRFR. The regional analysis plays a pivotal role in revealing growth opportunities.
The military helicopter market is getting spearheaded by North America. The region is known for its huge budget allotment for the defense sector and constant upgradation and inclusion of latest technologies are its chief features. The region is also experiencing strong traction from the presence of countries like the U.S.
Europe is making significant marks in the field and it is getting acknowledged for the efforts made by France, Italy, the U.K. and others. These countries are providing much support to the regional market through government initiatives and private investments.
The APAC region is expecting fast growth due to the presence of several developing economies who are eager to introduce the latest models to strengthen their fleet. In fact, growing territorial conflicts are impacting the regional market extensively.
The MEA region is expected to benefit from the presence of countries like Saudi Arabia and Israel. Israel is making several developments in the sector owing to which the region can anticipate moderate growth. But presence of poor economies in the region can halt the expected growth curve.
• Military Helicopter Manufactures
• Helicopter Manufactures
• Component Providers
• Defense Organizations
• Research Institutes
• Regulatory Bodies
The market numbers and forecast derived were the outcome of our disciplined research methodology which includes secondary research, primary interviews, followed by data triangulation and validation from our in-house data repository and statistical modeling tools.
In this process, both demand side and supply side parties were involved to extract genuine facts and insights about market forecast, production, trend, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain have been approached to obtain key information.
In this process, the data collection was done through various secondary sources, which included annual reports, SEC filings, journals, government association, Aerospace & Defense magazines, white papers, corporate presentations, company websites, some paid databases and many others.
List of Tables
Table 1 Global Military Helicopter Market, by Region, 2018–2023
Table 2 North America: Military Helicopter Market, by Country, 2018–2023
Table 3 Europe: Military Helicopter Market, by Country, 2018–2023
Table 4 Asia-pacific: Military Helicopter Market, by Country, 2018–2023
Table 5 Latin America: Military Helicopter Market, by Region, 2018–2023
Table 6 Middle East and Africa: Military Helicopter Market, by Region, 2018–2023
Table 7 Global Military Helicopter, Type Market, by Region, 2018–2023
Table 8 North America: Military Helicopter, Type Market, by Country, 2018–2023
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter's Five Forces Analysis
Figure 7 Value Chain Analysis
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Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune -411028, Maharashtra, India
Release ID: 516398