Global Military Rotorcraft Market - Share, Trends & Forecast (2018-2023)
Military Rotorcraft Market The market is estimated to value $20.88 billion in 2015 and expected to grow at a CAGR of 2.56% during the forecast period to reach $23.36 billion by 2020.
Globally Asia-Pacific will account 34% of the market, witnessing highest spending in military rotorcraft market followed by North America accounting for xx% of the market during the forecast period.
Military rotorcraft markets consist of six different categories. They are:-
Attack helicopters Maritime helicopters Reconnaissance helicopters Training helicopters Transport helicopters Multi-mission helicopters Global-wise Multi-mission helicopters are expected to account for largest share of expenditure in the global military rotorcraft market followed by Attack helicopters during the forecast period 2015-2020.
The major players of Military rotorcraft are AgustaWestland NV, Bell Helicopter Textron, Inc., Sikorsky Aircraft, Eurocopter SAS, Boeing, Korea Aerospace Industries (KAI), Changhe Aircraft Industries Corporation, Hindustan Aeronautics Limited (HAL), MD Helicopters, Turkish Aerospace Industries, Russian Helicopters, Airbus Helicopters, CAE Inc., Helibras, Lockheed Martin Corporation.
Technological innovations, replacement of ageing helicopters, disaster relief operation, rising territorial disputes and modernization initiatives are the major drivers of the global military rotorcraft markets.
Cuts in defense budget has slowdown the military rotorcraft market, lack of maintenance, repair, and overhaul services has decreased the demand of rotorcraft markets are the major challenges for the global military rotorcraft markets.
What the report offers
Market Definition for the specified topic along with identification of key drivers and restraints for the market. Market analysis for the global military rotorcraft markets, with region specific assessments. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies which can influence the market on a global and regional scale. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares. Identification and analysis of the Macro and Micro factors that affect the global military rotorcraft markets on both global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. Why should you buy this report?
For getting a comprehensive overview of the global military rotorcraft markets. To gain wide ranging information about the major players in this industry and the strategies adopted by them. To gain an insight about the major countries/regions in which this industry is booming and also identify the regions which are untapped.