Global Military Helicopter Market 2024-2030

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    MILITARY HELICOPTER MARKET

     

    INTRODUCTION

    Helicopters are a distinguished class of light aircrafts with vertical take-off/landing and flexible hovering capabilities. Historically, the aerial warfare was not a primitive policy of combat unlike its noted counterparts, the infantry and navy.

     

    Military Helicopter Market

     

    With the dawn of 20th century, aviation assumed only an assistive role in military reconnaissance. But with the outbreak of World War II when military aircrafts had to heavily reprise offensive duties with the army, there grew a strong need for a comparatively lighter and compact aircraft with a characteristic ease in its manueverability, which could aid in surveillance and rescue operations, primarily at the battle front and the glories for pioneering this “automobile of the future” is widely credited to Igor Sikorsky of United States.

     

    THE EVOLUTION OF MILITARY HELICOPTER MARKET

    As likely as it implied in transforming apes to men, evolution has constantly redefined the needs in terms of functionality of a mere rotorcraft into a modern-day military helicopter.

    It started from the world war during the early 1940’s which witnessed Sikorsky’s XR-4 being inducted into the US armed forces to aid in rescue operations and in 2020, we have Boeing’s AH-64E Apache the most advanced military attack helicopter today. Diversified use of Military helicopters, have come to the fore from the mid-20th century.

    Helicopters are now specifically designed to participate in strategic attacks, to undertake transport/support roles to mobilize resources, to perform search and rescue mission of personnel, and also in surveillance activities.

     

    MILITARY HELICOPTER MARKET DYNAMICS

    Spike in demand for attack and transport helicopters

    The prevalence of an agitated relation between several nations around the globe, due to territorial disputes, especially in the Asiatic region with countries such as China, India, Pakistan and Bangladesh. Political conflicts in the middle-east involving Syria and Iraq have aggravated tensions, also the nuclear armament threat posed by North Korea has alarmed its neighbours who share lateral aggression. This perception of threat has prompted countries to induct the modern warfare equipment into its armed forces.

    Adaptability is the key

    At this time when the global community is firmly in the grips of a malicious pandemic, and nations around the world are battling a serious economic downfall, the defence sectors of majority of the countries will, by all means be deprived of additional budgetary allocation to invest in advanced warfare technologies.

     

    In order to identify the military’s needs for a new medium multi-role helicopter to replace those now in their inventories, six European NATO states agreed to provide funds for NATO’s Next Generation Rotorcraft Capability (NGRC) project, which was formally inaugurated in Brussels.

     

    Prior to the signing of the Memorandum of Understanding, the project already had the support of France, Germany, Greece, Italy, and the United Kingdom. NATO claims that the US and Spain, who had previously indicated interest, finally decided against joining. The project’s principal nation is the United Kingdom.

     

    By the time many of the already in use approach the end of their useful lives in the near future, it is intended to replace the existing generation of medium multi-role helicopters, including the NH90 and the AW101 Merlin.

     

    The six NATO countries using the same system would have clear interoperability benefits and, at least on paper, should help keep costs down by buying in bulk. However, the agreement does not obligate the countries to purchase a final design together.

     

    The signing of the MOU is an obvious illustration of how NATO and its allies are cooperating to take advantage of rapidly advancing technologies for the advancement of our military capabilities. They are ensuring that Allies will have access to the greatest equipment by allocating funding and directing their development through an international framework.

     

    The participants will begin from scratch in collaboration with industry to investigate how to match their requirements with the most cutting-edge technology available, looking at options like hybrid and electric propulsion, a methodical open system architecture, and the delivery of significantly improved flight characteristics.

     

     

    MILITARY HELICOPTER MARKET SEGMENTATION

     

    MILITARY HELICOPTER MARKET BY REGION

    • US
    • China
    • Germany
    • UK
    • France
    • Japan
    • Middle East
    • Rest of the World

     

     USA, Russia and China together hold ~43% of the worldwide military helicopters, trailed by South Korea with 4.5% and India and Japan, both with 4.2%. Despite the fact that France is the nation to have battled most wars, it is ranked in the eighth position in this rundown. Interest for military helicopters isn’t confined to wars, but also for different reasons, for example, transportation of work force, perception, preparing and salvage etc.


    MILITARY HELICOPTER BY TYPE

    • Light Helicopters (<4.5 Tons)
    • Medium Helicopters (4.5-8.5 Tons)
    • Heavy Helicopters (>8.5 Tons).

     

    The “Sikorsky CH-53K King Stallion” is the most expensive in the market and is a substantial lift payload helicopter. Substantial helicopters can be utilized for different purposes and can convey enormous weight. The interest for light weighted choppers is the key factor which is driving the market presently.

     

    MILITARY HELICOPTER MARKET BY APPLICATION

    • Attack
    • Utility

    Utility helicopters comprise of transport, rescue, maritime and training helicopters.

    The attack helicopters are the most expensive of all, for instance, the “Boeing AH-64 Apache” is evaluated at $31 Million and “Sikorsky Sea Hawk” at $43 Million.

    Transport helicopters are one of the bigger helicopters and are intended to convey heavier burdens including light vehicles, enormous gatherings of troops, and consignment into battle conditions.

    The “Mil Mi-17, Mi-8M, Textron Bell UH-1 Huey” are a couple of instances of it, costing between $12 Million to $26 Million. The world’s most progressive oceanic helicopter is the MH-60R Seahawk costing $28 Million. India has, as of late positioned an interest for 24 multi-job MH-60R Seahawk oceanic helicopters to US at an expense of USD 2.6 Billion.

     

    FACTORS DRIVING MILITARY HELICOPTER MARKET SIZE

     

    Military Helicopter Market

     

    The need of clinical and emergency rescue administrations has expanded worldwide because of the global pandemic hitting the countries just as the natural disasters happening successively all through the globe. This legitimately impacts the need of military helicopters in each country.

    The improvement of cutting-edge helicopters is one of the critical elements driving the development of the market. What’s more, expanded automation, innovative advancements in technology and development of the aviation business are extra factors which are expected to prompt the development of the military helicopter market in the upcoming years.

     

    MILITARY HELICOPTER MARKET COMPETITIVE LANDSCAPE

    The helicopter enterprise is ruled by a couple of significant companies, namely, Bell Helicopters (US), The Boeing Company (US), Sirkorsky-Lockheed Martin (US), Russian Helicopters (Russia), Airbus Helicopters SAS (France), Leonardo S.p.A. (Italy), and Kawasaki Heavy Industries (Japan), among others. Seven Western and two Russian makers produce the greater part of the world’s enormous military helicopters.

     

    MILITARY HELICOPTER MARKET THE WAY FORWARD

     Light weight military helicopters will generate highest amount of interest around the world. Rising measures for countering fear mongering will build interest for territory military helicopters.

    Regarding application, utility military helicopter section is foreseen to represent the biggest portion of use globally. Transport and Attack helicopters are foreseen to represent the second and third biggest fragments as far as consumption over the estimate period.

    The remaining piece of the overall industry is held via Search and Rescue, Reconnaissance and perception and preparing helicopters.

     

    MILITARY HELICOPTER MARKET GEOGRAPHY OVERVIEW

     

    North America 

    The North American market, particularly the USA, will be one of the prime markets for (Military Helicopter Market) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive. 

     

    Europe 

    The European market, particularly Western Europe, is another prime market for (Military Helicopter Market) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for ( Military Helicopter Market) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period. 

      

    Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe. 

      

    There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of ( Military Helicopter Market) in the region. 

     

    Asia 

    Asia will continue to be the global manufacturing hub for ( Military Helicopter Market) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.    

    There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.  

     

    Africa 

    Africa is expected to see the largest growth in ( Military Helicopter Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape. 

     

    RoW 

    Latin America and the Oceania region will showcase growth over the forecast period in ( Military Helicopter Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to growth of other industries in the region. 

     

    MILITARY HELICOPTER MARKET MARGIN COMPARISON

     

    Margin Comparison (Highest to lowest)  Region  Remarks 
    Europe  The supply chain demands and the purchasing power in the region enable suppliers to extradite a larger margin from this region than other regions. This is for both locally manufactured as well as imported goods and services in the region. 
    North America  Due to the high spending power in this region, the margins are higher compared to the rest of the world, but they are lower than Europe as there is higher competition in this region. All the suppliers of goods and services target USA as a main market thereby decreasing their margins compared to Europe 
    Asia  Lower purchasing power, coupled with higher accessibility of services in this regions doesn’t enable suppliers to charge a high margin making it lower than Europe and North America. The quality of goods and services are also affected due to this aspect in the region 
    Africa and ROW  The margins are the lowest in this region, except for Australia and New Zealand as the countries in this region don’t have much spending power and a large portion of the products and services from this area is exported to other parts of the world 

     

     

    MILITARY HELICOPTER MARKET COMPANY PROFILES

    1. Bell Helicopters 
    2. The Boeing Company
    3. Sirkorsky-Lockheed Martin 
    4. Russian Helicopters
    5. Airbus Helicopters SAS 
    6. Leonardo S.p.A. 
    7. Kawasaki Heavy Industries 

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2020-2025
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
    19 Market Segmentation, Dynamics and Forecast by Application, 2020-2025
    20 Market Segmentation, Dynamics and Forecast by End use, 2020-2025
    21 Product installation rate by OEM, 2020
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2020
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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