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(Transportation-News.com, November 06, 2016 ) Summary Several countries across the world have inventories of obsolete or aging military helicopters that are reaching the end of their operational life; this means that despite budget cuts, the global military rotorcraft market is expected to grow over the forecast period. Countries such as Russia, the US, France, Germany, China, South Korea, and India are looking to replace existing military rotorcraft with modern helicopters, which in turn will boost the demand for the overall global market.
Key Findings The global military rotorcraft market, valued at US$21.7 billion in 2016, is projected to grow at a CAGR of 2.59% over the forecast period, to reach US$28.1 billion by 2026 and cumulatively value US$254.2 billion.
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The market consists of four categories: multi-mission and maritime helicopter, attack helicopter, transport helicopter, and training helicopter. The market will be dominated by the multi-mission and maritime helicopter segment, which is expected to account for 44.6% of the market, followed by attack, transport, and training helicopters, with shares of 28.5%, 25.2%, and 1.7% respectively.
The Asia Pacific region is forecast to dominate the sector with a share of 34.2%, followed by North America and Europe with shares of 30.2% and 20.7%, respectively.
Synopsis The Global Military Rotorcraft Market20162026 report offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for military rotorcraft, key market trends, and challenges faced by industry participants.
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Table of Contents
Executive Summary
Global Military Rotorcraft Market -Overview
Market Dynamics Demand Drivers: Analysis of factors that trigger spending within the sector Trends: Prevalent practices, industry consolidation and procurement patterns within the market Technological Developments : New products, processes and innovations recently inducted within the sector Key Challenges: Obstacles affecting sector growth
Military Rotorcraft Market -Segment Analysis Segment Analysis: Multi-mission and Maritime Helicopter Market size and CAGR growth analysis, 2016-2026 Change in market share, 2016-2026 Segment Analysis: Attack Helicopter Market size and CAGR growth analysis, 2016-2026 Change in market share, 2016-2026 Segment Analysis: Transport Helicopter Market size and CAGR growth analysis, 2016-2026 Change in market share, 2016-2026 Segment Analysis: Training Helicopter Market size and CAGR growth analysis, 2016-2026 Change in market share, 2016-2026
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