Market Size of Attack Helicopter Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Attack Helicopter Market Analysis
The attack helicopter market is anticipated to register a CAGR of above 4% during the forecast period (2020 – 2025).
- The increasing military spending,fuelled by the growth of political and geographical tensions between the countries, has led to an increase inprocurement incountries, like India, Kuwait, Qatar, Australia, Russia, and the United Arab Emirates, among others,to strengthen their combat capabilities. This is acting as a major driver for the attack helicopter market.
- Additionally, the fleet modernization plans of the countries with new and advanced attack helicopters are anticipated to support the growth of the market, during the forecast period.
- The growth in partnerships between the local and global players for decreasing manufacturing costs and improvingtheir delivery rate is expected to further boost the growth of the market, during the forecast period.
Attack Helicopter Industry Segmentation
The study of the attack helicopter market includes:
| By MTOW | |
| Below 8 metric ton (16,000 lbs) | |
| Above 8 metric ton (16,000 lbs) |
| By Platform | |
| Army | |
| Navy | |
| Air Force |
| Geography | ||||||
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Attack Helicopter Market Size Summary
The attack helicopter market is poised for significant growth, driven by increased military spending due to rising political and geographical tensions globally. Countries such as India, Kuwait, Qatar, Australia, Russia, and the United Arab Emirates are actively procuring new attack helicopters to enhance their combat capabilities. This surge in demand is further supported by fleet modernization plans, where nations are replacing older models with advanced helicopters. The market is also benefiting from strategic partnerships between local and global players, aimed at reducing manufacturing costs and improving delivery rates. The segment of helicopters above eight metric tons is expected to experience the highest growth, fueled by the demand for models like the Kamov Ka-50, Mil Mi-28, Mi-35, Bell AH-1Z Viper, and Boeing AH-64 Apache.
The Asia-Pacific region is anticipated to generate the highest demand for attack helicopters, driven by increasing military expenditures to address regional tensions. Countries in this region are actively procuring new helicopters and modernizing their fleets to bolster border protection. Prominent players in the market, including Russian Helicopters, The Boeing Company, Lockheed Martin Corporation, Airbus SE, and Textron Inc., are forming partnerships with local companies to enhance manufacturing efficiency and market presence. For instance, The Boeing Company has collaborated with Tata Advanced Systems Ltd. to produce Apache helicopters in India. This emphasis on indigenous development is expected to strengthen local manufacturing capabilities and expand market share in the coming years.
Attack Helicopter Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Buyers/Consumers
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1.4.2 Bargaining Power of Suppliers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By MTOW
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2.1.1 Below 8 metric ton (16,000 lbs)
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2.1.2 Above 8 metric ton (16,000 lbs)
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2.2 By Platform
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2.2.1 Army
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2.2.2 Navy
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2.2.3 Air Force
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.2 Latin America
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2.3.2.1 Mexico
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2.3.2.2 Brazil
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2.3.2.3 Rest of Latin America
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Australia
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2.3.3.4 Rest of Asia-Pacific
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2.3.4 Europe
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2.3.4.1 United Kingdom
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2.3.4.2 Russia
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2.3.4.3 France
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2.3.4.4 Rest of Europe
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2.3.5 Middle-East and Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 Saudi Arabia
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2.3.5.3 Egypt
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2.3.5.4 Rest of Middle-East and Africa
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Attack Helicopter Market Size FAQs
What is the current Attack Helicopter Market size?
The Attack Helicopter Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Attack Helicopter Market?
Russian Helicopters (Rostec), The Boeing Company, Lockheed Martin Corporation, Airbus SE and Textron Inc. are the major companies operating in the Attack Helicopter Market.
