Military Helicopters Global Market To Reach Value Of About $68 Billion In 2025

The military helicopter market consists of sales of military aircraft by entities (organizations, sole traders, and partnerships) that produce military helicopters. A military aircraft is specifically built or converted for military missions such as transport of troops, combat search, and rescue (CSAR), medical evacuation (MEDEVAC), airborne command post, or armed with weapons for attacking ground targets. Only goods and services traded between entities or sold to end consumers are included.

Global Military Helicopters Market Size And Drivers:

The global military helicopters market is expected to grow from $50.75 billion in 2020 to $52.27 billion in 2021 at a compound annual growth rate (CAGR) of 3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $67.5 billion in 2025 at a CAGR of 6.6%. Increasing military expenditure contributed to the growth of the military helicopters market growth.

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Trends In The Global Military Helicopters Market

Technological advancements in the helicopter manufacturing process is shaping the military helicopters market. The global helicopter industry is undergoing a substantial transformation in recent years. Significant technological advancements including extensive use of additive manufacturing, computation structural dynamics modelling, advanced condition-based maintenance (CBM), fly by wire controls, health and usage monitoring systems (HUMS), and advanced turbine engine programs are promising big leap in the rotorcraft capabilities. For instance, in July 2019, Russian Helicopters Holding Company announced that the company is planning to re-engineer and manufacture about 30 helicopter parts using 3D printing technology.

Global Military Helicopters Market Segments:
The global military helicopters market is further segmented –
By Type: Light Military Helicopter, Medium Military Helicopter, Heavy Military Helicopter
By Application: Utility Military Helicopter, Transport Military Helicopter, Attack/Assault Military Helicopter, Search and Rescue Military Helicopter, Multi-Role Military Helicopter, Reconnaissance and Observation Military Helicopter
By Number of Engine: Single, Twin Engine
By Component & System: Airframe, Main Rotor Systems, Anti-Torque systems, Electrical Systems, Hydraulic Systems, Avionics, Stability Augmentation Systems, Flight Control Systems, Undercarriages, Environmental Control Systems, Emergency Services, Special-purpose Systems, Engines
By Geography: The global military helicopters market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Military Helicopters Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides military helicopters market overviews, analyzes and forecasts market size and growth for the global military helicopters market, military helicopters market share, military helicopters market players, military helicopters market segments and geographies, military helicopters market’s leading competitors’ revenues, profiles and market shares. The military helicopters market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.