Military Helicopter: Introduction
- A military helicopter is military-owned transport aircraft used in various operations including airlift personnel, transporting military equipment and cargo, vigilance and reconnaissance, search and rescue, and multi-role combat. These helicopters can be deployed for both strategic and tactical tasks. Military helicopters play a vital role in accessing challenging sites that cannot be accessed by airplanes. They are frequently used to convey humanitarian aid during emergency civilian relief efforts.
- Military transport helicopters are employed in locations where it is hard to deploy a standard aircraft. For instance, US Marines are deploying the Tarawa-class LHAs (Landing helicopter assault) and Wasp-class LHDs (Landing helicopter Dock), the military transport helicopter is their main mode of transportation from offshore to seashore transport.
Key Drivers of Global Military Helicopter Market:
- The ability helicopters to take off and land vertically, hover for larger periods of time, and aircraft handling properties at low-speed are the key drivers for the growth of the global military helicopter market. Further effectiveness in conducting missions that are not possible with other aircraft is also a key factor for increasing the demand of the military helicopters
- The continuous innovations, growing investment in research and development, partnerships and mergers & acquisitions activities among the major OEMs and key vendors in aerospace industry is prompting the need for replacement of the older aircraft fleet with the new one which is expected to be the primary driver for the growth of the military helicopter market during the forecast period.
- The increasing military budgets of the countries in line to empower the land, water and air defence system, need for naval ship protection, need of increasing speed from offshore to seashore transport is also expected to fuel the demand for the military helicopter market across the globe.
- The increasing number of cross-border conflicts, the sudden emergence of natural calamities and the large demand from forces to replace their aging fleets of aircrafts in countries like U.S.- the largest defence spender in the world; are the significant drivers fuelling the growth of the global military helicopter market.
Restraints of Global Military Helicopter Market:
- The emerging market for unmanned aerial vehicles (UAVs) with continuous innovations in drone technology is likely to hinder the growth of the military helicopter market. Growing safety concern for military personnel has emerged the need for UAVs in several military operations such as surveillance and reconnaissance, delivery and transportation, target acquisition and intelligence, which can hamper the sales of military helicopters across the globe.
Opportunities in Global Military Helicopter Market:
- The advancements in the global communication technology, integration of internet of things (IoT), increasing penetration of sensors and Artificial intelligence technology in aerospace technology is likely to offer lucrative growth opportunities in the global military helicopter market. The extreme competence in the market is continuously prevailing challenges for the OEMs and vendors to employ safer, fuel efficient and robust technologies in the military helicopter market.
- The market for military helicopters is expected to see change in design and technology in advent of next-generation compound helicopters and tilt rotorcraft. Emergence of these technologies can thrive the global military helicopter market within the study period.
Global Military Helicopter Market: Regional Outlook
The APAC and North America to contribute for the majority share of the global military helicopter market. The India is the largest importer of the defence equipment globally, and the countries like China and Australia are among the top 4 importers. The military aircraft production in China is already having significant share in the global market whereas government of India (GoI) has also initiated indigenous defence production plans to empower its “make in India’. In addition, the Defence ministry of India has also declared the list of ‘no import’ military equipment which has banned 310 military products for import. The GoI is taking measures to assure self-reliance in its defence needs. The North America is by far the largest defence spender and manufacturer and continue to invest heavy amount in upgrading and producing cutting-edge military helicopters. The Europe military helicopter market is anticipated to grow at notable pace during the forecast period. The growth of the region will be attributed to the investment in defence by the U.K., France, Italy, Sweden and Germany. British military has planned to invest US$ 1.25 Bn to buy new fleet of medium sized helicopters. Moreover, in December 2021, French major Safran and Indian PSU Hindustan Aeronautics Limited (HAL) made a partnership to jointly develop India’s indigenous new engine for own medium weight helicopters. Thus, several partnerships, mergers and acquisition activities, robust R&D investments are prevailing positive market outlook in the global military helicopters market.
Key Players Operating in Global Military Helicopter Market:
The major players operating in the global military helicopter market are mentioned as below:
- Aviation Industry Corporation of China (AVIC)
- Airbus SE
- Embraer SA
- Kawasaki Heavy Industries
- Leonardo SpA
- Lockheed Martin Corporation
- Mitsubishi Heavy Industries
- Rostec
- Textron Aviation
- The Boeing Company
- Dassault Aviation SA
- Saab AB
- Embraer S.A.
- GE Aviation
- Hindustan Aeronautics Limited
- Bell Textron Inc.
- Sukhoi Corporation
- Korea Aerospace Industries
- Chengdu Aircraft Industry Group
- Others
Global Military Helicopter Market, Research Scope
Global Military Helicopter Market, by Type
- Utility Helicopter
- Assault Helicopter
- Search and Rescue Helicopter
- Multirole Combat Helicopter
- Cargo Helicopter
Global Military Helicopter Market, by Payload Capacity
- Below 10 Tons
- 10 Tons to 20 Tons
- Above 20 tons
Global Military Helicopter Market, by Application
- Search and rescue
- Cargo Supply
- Troop Airlifting
- Defence
- Business
- Oil and Gas
- Shared Service
- Emergency Medical services
- Others
Global Military Helicopter Market, by Region
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Nordic Region
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- GCC
- Turkey
- South Africa
- Rest of Middle East & Africa
