Military helicopter MRO market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The growth of the market is attributed to factors such as the increased defense spending in new helicopters and the demand for MRO services for military helicopters. For instance, in January 2023, the US Army gives ordered to Lockheed Martin Co. worth $656 million of UH-60M Black Hawk combat helicopters. The UH-60M Black Hawk is a medium-lift, rotary-wing helicopter designed to perform a variety of missions, including troop transport, medical evacuation, and combat search and rescue. The UH-60M is an upgraded version of the UH-60 Black Hawk helicopter, which has been in service with the US Army since the 1970s. Further advancements in technology and increasing fleet size and various government initiatives are also expected to fuel the demand for military helicopter MRO services. For instance, in December 2022, The Canadian Department of National Defence awarded Leonardo (through Leonardo U.K. Ltd of Yeovil) a $1.0 billion CAN contract for the AW101/CH-149 Cormorant Mid-Life Upgrade (CMLU) Project for 16 aircraft in total, comprising 13 existing Cormorant Search and Rescue Helicopter (CSH) currently in-service and the augmentation of a further three aircraft. This contract will enhance the aircraft’s systems and technologies, ensure compliance with emerging airspace requirements, extend the life expectancy of the fleet to 2042+, and enable the return of Cormorant helicopters to the Main Operating Base (MOB) Trenton. 

Segmental Outlook

The global military helicopter MRO market is segmented based on the types of maintenance and applications. Based on types of maintenance, the market is segmented into field maintenance, component depot maintenance, airframe depot maintenance, and engine depot maintenance. These segments represent different aspects of the maintenance and repair services required for military helicopters. Based on applications, the market is categorized into OEM services provided by the original manufacturers of military helicopters and aftermarket services provided by third-party service providers. Among the segments, the airframe depot maintenance sub-segment is anticipated to register significant growth during the forecast period. The growth of this sub-segment is attributed to factors such as the need for structural repairs, inspections, and refurbishments of military helicopter airframes.

The Aftermarket Sub- Segment is Holding Prominent Growth of the global military helicopter MRO market during the forecast period.

The Aftermarket Sub- Segment is Holding Prominent Growth of the global military helicopter MRO market during the forecast period. The growth is attributed to the various market players such as StandardAero, Safran SA, Textron Inc., and others are expanding their MRO business globally. For instance, in May 2022, StandardAero expanded support services for operators in the UK, Europe, the Middle East, and Africa. The expansion of support services will benefit operators in these regions by providing them with more comprehensive and accessible maintenance and repair services for their aircraft.

Regional Outlook

The global military helicopter MRO market is further segmented based on geography. The regional segmentation includes North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these regions, the European market is anticipated to hold a significant share of the global military helicopter MRO market during the forecast period. This growth is attributed owing to several factors such as growth in the aerospace and defense industries, the increasing complexity of modern warfare, and the increase in military spending. For instance, in December 2022, according to the European Defence Agency, European defense spending surpassed $256.0 billion for the first time in 2021, with total defense expenditure corresponding to 1.5% of the 26 EDA Member States' gross domestic product (GDP).

Global Military Helicopter MRO Market Growth, by Region 2023-2030

The North American Market is Anticipated to Hold a Significant Share of the Global Military Helicopter MRO Market During the Forecast Period.

The North American market is anticipated to hold a significant share of the global military helicopter MRO market during the forecast period. The growth of the market in this region is primarily driven by factors such as a strong defense sector, technological advancements, and a large fleet of military helicopters. In the launches of next-generation military helicopters, the US military government replace their old version of the helicopter with new generation technology advanced helicopter. For instance, in December 2022, The U.S. Army awarded Bell Textron a development contract worth billions to replace the aging Black Hawk helicopters. The initial award was for $232 million, but the first batch of helicopters in low-rate production will be worth $7.1 billion. Bell Textron's V-280 Valor tiltrotor helicopter was chosen as the future replacement for the UH-60 Black Hawk. This contract will allow Bell Textron to build the Black Hawk replacement helicopter, which will be used by the U.S. Army.

Market Players Outlook

The major companies serving the global military helicopter MRO market include established players such as General Electric Co., Globalstar Aerospace LLC, Hindustan Aeronautics Ltd., Safran SA, Textron Inc., and others. These market players contribute significantly to the market growth through their expertise in MRO services, strategic partnerships, and new product developments. They adopt various strategies such as mergers and acquisitions, partnerships, collaborations, funding, and new product launches to stay competitive in the market and cater to the growing demand for military helicopter MRO services. For instance, in February 2023, Bell Textron Inc. announced that the Bell 505 has completed its first flight fueled solely by 100% Sustainable Aviation Fuel (SAF), marking the first-ever single-engine helicopter to fly with 100% SAF.

The Report Covers

• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global military helicopter MRO market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.