Lewes, DE -- (SBWIRE) -- 04/30/2019 -- Global Military Rotorcraft is accounted for $1,798.13 billion in 2017 and is expected to reach $2,429.43 billion by 2026 growing at a CAGR of 3.4% during the forecast period. Advancement in technology, the necessity for the replacement of aging helicopters, increase in disasters, and rising territorial disputes are the key driving factors driving the market growth. The cut in defense budgets has slow down the military rotorcraft market, also, lack of maintenance, repair, and overhaul services has decreased the demand for rotorcraft and these are the factors hampering the market growth.
Military Rotorcraft provides a capable, affordable, and ready to serve platform for the U.S. Air Force's UH-1N Replacement Program. Proven to excel in the most demanding environments around the world, U.S. Air Force requirements and demonstrates a robust spectrum of capabilities with unmatched versatility. A military helicopter's mission is a function of its design or conversion. The most common use of military helicopters is the transport of troops, but transport helicopters can be modified or converted to perform other missions such as combat search and rescue (CSAR), medical evacuation (MEDEVAC), airborne command post, or even armed with weapons for attacking ground targets. Specialized military helicopters are intended to conduct specific missions. Examples of specialized military helicopters are attack helicopters, observation helicopters, and anti-submarine warfare helicopters.
Based on Type, the attack helicopters segment accounted for considerable market share during the forecast period. An attack helicopter is an armed helicopter with the primary role of an attack aircraft, with the capability of engaging targets on the ground, such as enemy infantry and armored fighting vehicles. Due to their heavy armament, they are sometimes called helicopter gunships. By geography, Asia Pacific held largest market share during the forecast period due to the increase in demand for military rotorcraft, as the weapons fired aerially can be more effective and lethal and will have a higher range of operation.
Some of the key players profiled in the Global Military Rotorcraft include Augusta Westland NV, Airbus Defence and Space, Bell Helicopter Textron INC, Changhe Aircraft Industries, Embraer, Enstrom Helicopters, Hindustan Aeronautics Limited (HAL), Korean Aerospace Industries, Leonardo, Lockheed Martin Corporation, MD Helicopters, Rolls-Royce, Russian Helicopters, Textron, The Boeing Company and Turkish Aerospace Industries.
Types Covered:
- Attack Helicopters
- Maritime Helicopters
- Multi-Mission Helicopters
- Reconnaissance Helicopters
- Training Helicopters
- Transport Helicopters
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 168 pages "Military Rotorcraft - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Military Rotorcraft Market, By Type, Global Military Rotorcraft Market, By Geography, Key Developments, Company Profiling.
Please visit this link for more details: https://www.marketresearchreports.com/stratistics-mrc/military-rotorcraft-global-market-outlook-2017-2026
Find all Aerospace Reports at: https://www.marketresearchreports.com/aerospace
For related reports please visit: https://www.marketresearchreports.com/search/site/Military%2520Rotorcraft
Read our Interactive Market Research Blog
About MarketResearchReports.com
MarketResearchReports.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.
Contact us for your market research requirements: https://www.marketresearchreports.com/contact