Military Rotorcraft Market
Global Military Rotorcraft Market Size, Share & Trends Analysis Report By Applications (Defense, Transportation, Detection, and Others), and By End-User (Government Sectors, and Private Sectors) Forecast, 2021-2027 Update Available - Forecast 2024-2030
The global military rotorcraft market is expected to grow at a CAGR of 3.6% during the forecast period (2021-2027). Increasing defense budget for the procurement of advanced weapons owing to the rise in the conflicts between the borders of the countries such as India, Pakistan, and China, North Korea, and South Korea is acting as one of the most prominent factors contributing to the growth of the market. Additionally, the fired aerially weapons are generally considered as effective, and it drives most of the defense services to have advancement in aircraft technologies and replacement of the aging rotorcraft, along with supporting aircraft for rescuing people at times in natural disasters. For instance, in September 2021, the Indian defense ministry signed a contract with airbus defense and space for 56 C-295 medium transport aircraft to modernize the Indian air force’s transport fleet. Airbus defense and space, and tata advanced systems Ltd., would jointly execute the contract.
Impact of COVID-19 Pandemic on Global Military Rotorcraft Market
The COVID-19 pandemic had created a massive impact on the global military rotorcraft market. Due to the stoppage/restriction on all manufacturing industries, the military rotorcraft market also experienced disruption in production and slowing demand. However, as the economies of the countries are getting better, the market is also improving and expecting a high jump in the upcoming years, as the competition between the countries to be superior will be resumed.
Segmental Outlook
The global military rotorcraft market is segmented based on applications, and end-user. Based on the applications, the market is augmented as defense, transportation, detection, and others. The other applications of military rotorcrafts are in medical evacuation and anti-submarine warfare. Based on the end-user, the market has been segmented as government sectors and private sectors. Among the end-user segment, the government sectors segment is expected to majorly dominate the overall military rotorcraft market to strengthen the defense sectors of the nation.
Global Military Rotorcraft Market Share by Application, 2020 (%)
Defense Segment expected to Dominate the Global Military Rotorcraft market
Among the applications, the defense segment has been dominating and is anticipated to significantly grow over the forecast period. The increase in stress between the neighboring countries, competitiveness, and new developments in defense technologies, has increased the global market of the military rotorcraft in the defense segment. On the other hand, other types of segments like transportation, detection, medical evacuation, and anti-submarine warfare are projected for a high growth rate as well. The increase in natural disasters, across the globe, has increased the awareness in the nations to be prepared for the rescue missions at any time, which is also a factor for the push in the market growth for medical evacuation, and anti-submarine warfare segment.
Regional Outlook
The global military rotorcraft market is segmented into North America (US and Canada), Europe (UK, Germany, Spain, Italy, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East and Africa, and Latin America). The North American region is expected to dominate the market, followed by Asia-Pacific and Europe. Some factors that are boosting the market growth in North America are a high expenditure in defense along with constantly acquiring new military rotorcraft annually in vast quantities.
Global Military Rotorcraft Market Growth by Region, 2021-2027
Asia-Pacific is anticipated to Witness Fastest Growth in the Global Military Rotorcraft Market
The Asia-Pacific is expected to grow exponentially and at the fastest growth rate over the forecast period. The major factor contributing to the growth includes a rise in terrorist activities in the region. In recent times, terrorism activities have been seen in the countries like Afghanistan, Pakistan, India, the Philippines, and Sri Lanka, among others. These incidents have alarmed the nations to be prepared, which has increased the anti-terrorism funds to fight against terrorism, internally, and externally. Additionally, governments across the regions are purchasing and encouraging local manufacturers to make fully equipped rotorcraft for various purposes. For instance, in February 2021, the Philippine government approved its Air Force to acquire more Polish-built Black Hawk helicopters amid efforts to replace the aging fleet of Vietnam War-era Huey helicopters.
Market Players Outlook
The prominent players functioning in the global military rotorcraft market include Airbus SE, Leonardo S.p.A., Lockheed Martin Corp., Textron Inc., and The Boeing Co. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships, and collaborations, and many others to thrive in a competitive environment. For instance, in May 2020, GKN Aerospace and Boeing extended their partnership to continue to provide structural components and assemblies for major military aircraft. The contracts covered the F-15E Strike Eagle, the F/A-18E/F Super Hornet fighter, and C-17 Globemaster III transport. The partnership extended the supplier arrangements until 2023.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global military rotorcraft market. Based on the availability of data, information related to pipeline products, 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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Military Rotorcraft Market
• Recovery Scenario of Global Military Rotorcraft Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Airbus SE
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Leonardo S.p.A.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Lockheed Martin Corp.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Textron Inc.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. The Boeing Co.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Military Rotorcraft Market by Applications
4.1.1. Defense
4.1.2. Transportation
4.1.3. Detection
4.1.4. Others (Medical Evacuation and Anti-Submarine Warfare)
4.2. Global Military Rotorcraft Market by End-User
4.2.1. Government sectors
4.2.2. Private Sectors
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. BAE Systems
6.2. Changhe Aircraft Industries Corp.
6.3. Dassault Aviation
6.4. Embraer SA
6.5. Enstrom Helicopter Corp.
6.6. GE Aviation
6.7. Helibras
6.8. Hindustan Aeronautics Ltd.
6.9. Kawasaki Aerospace Co.
6.10. Korea Aerospace Industries Ltd.
6.11. Pilatus Aircraft Ltd.
6.12. Mahindra Aerospace
6.13. MD Helicopters Inc.
6.14. Russian Helicopters JSC
6.15. Turkish Aerospace Industries Inc.
1. GLOBAL MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
2. GLOBAL DEFENSE MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL TRANSPORTATION MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL DETECTION MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL OTHERS MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
7. GLOBAL MILITARY ROTORCRAFT FOR GOVERNMENT SECTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL MILITARY ROTORCRAFT FOR PRIVATE SECTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
10. NORTH AMERICAN MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
11. NORTH AMERICAN MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
12. NORTH AMERICAN MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
13. EUROPEAN MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. EUROPEAN MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
15. EUROPEAN MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
16. ASIA-PACIFIC MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. ASIA-PACIFIC MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
18. ASIA-PACIFIC MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
19. REST OF THE WORLD MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. REST OF THE WORLD MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
21. REST OF THE WORLD MILITARY ROTORCRAFT MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL MILITARY ROTORCRAFT MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL MILITARY ROTORCRAFT MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL MILITARY ROTORCRAFT MARKET, 2021-2027 (%)
4. GLOBAL MILITARY ROTORCRAFT MARKET SHARE BY APPLICATIONS, 2020 VS 2027 (%)
5. GLOBAL DEFENSE MILITARY ROTORCRAFT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL TRANSPORTATION MILITARY ROTORCRAFT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL DETECTION MILITARY ROTORCRAFT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL OTHERS MILITARY ROTORCRAFT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL MILITARY ROTORCRAFT MARKET SHARE BY END-USER, 2020 VS 2027 (%)
10. GLOBAL MILITARY ROTORCRAFT FOR GOVERNMENT SECTOR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL MILITARY ROTORCRAFT FOR PRIVATE SECTOR MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL MILITARY ROTORCRAFT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. US MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
14. CANADA MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
15. UK MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
16. FRANCE MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
17. GERMANY MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
18. ITALY MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
19. SPAIN MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
20. REST OF EUROPE MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
21. INDIA MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
22. CHINA MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
23. JAPAN MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
24. SOUTH KOREA MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
25. REST OF ASIA-PACIFIC MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
26. REST OF THE WORLD MILITARY ROTORCRAFT MARKET SIZE, 2020-2027 ($ MILLION)
