The military helicopters market, which is analysed across new platform procurements and systems integration revenues, will be driven by main factors between 2013 and 2023:
Emerging countries are renewing and significantly increasing their helicopter fleet capabilities. Hence, new platform procurements will grow at a compound annual growth rate (CAGR) of % and will present a cumulative market size of $billion globally.
Increasing territorial disputes in Eastern Europe, Central Asia, Southeast Asia, and the Middle East are stimulating market demand for upgraded attack and naval capabilities.
Budget cuts and stretched fleets will impact the platform segment in the short and medium terms, mostly across North America, Europe, and Latin America. Nevertheless, bridging crucial capability gaps in the long term will revive market growth, unless urgent operational requirements take priority.
Such parameters positively impact market demand for systems, which are expected to represent a total market size of $ billion.
oHigh threat perceptions are stimulating weapon systems market revenues, accounting for % of market revenues between 2013 and 2023, with specific demand to increase electronic warfare and survivability suites.
About this report
Is the end close? Dramatic budget cuts and frozen orders have blurred promises of market recovery across Western markets. Moreover, the rising adoption of unmanned aerial systems seems to progressively make manned helicopters irrelevant. Yet, military helicopters are witnessing continued interest from military end users as helicopters still offer unrivaled vertical take-off and landing (VTOL) capabilities and mission efficiency rates. Regional tensions and arms races are also parameters to be considered. This study explores the market forecast evolution for military helicopters across new platform procurements and related systems.
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