The latest research study “Attack Helicopter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global attack helicopter market size reached US$ 6.83 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.43 Billion by 2028, exhibiting a CAGR of 5.42% during 2023-2028.
An attack helicopter represents a specialized over-battlefield military equipment used by the navy, army, and air force for various operations. It is built with high-performance and durable materials for enhanced protection of pilots and troops. An attack helicopter includes several components, such as pylons, wings, radar, rotors, engine, cockpit, and landing gears. It carries various weapons, including machine guns, anti-tank guided missiles, automatic cannons, rockets, anti-ship missiles, and air-to-air missiles. An attack helicopter is widely used for providing close-air support to ground forces, armed reconnaissance, countering armored vehicles, light troop transport, and deep penetration missions. Compared to military planes, this chopper is small, lightweight, slow, highly maneuverable, easy to hide, and can carry surprise invasions deep into the territory of the enemy.
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Attack Helicopter Market Trends and Drivers:
The escalating demand for this chopper to conduct multi-domain operations, such as critical troop support, fortification, thwarting enemy infantry attacks, and destroying various ground targets, including artillery, tanks, and armored vehicles, is among the primary factors driving the attack helicopter market. Besides this, the elevating product requirement in urban warfare settings, such as counter-terrorism operations, armed conflicts, and sovereignty violations to provide close combat support, strategic depth, and logistic capabilities across multiple theatres simultaneously, is further augmenting the market growth. Moreover, the integration of three-dimensional (3D) printing technology for designing and manufacturing several parts, including rotorcraft and turbine engines, that save time, reduce costs, improve reliability, and increase production rates is also catalyzing the global market. Apart from this, the utilization of artificial intelligence (AI) to enhance the efficiency and reduce the workload of the pilot by enabling voice recognition, providing flight route suggestions, and assisting in decision-making during harsh weather and complex mission conditions, is anticipated to propel the attack helicopter market over the forecasted period.
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Attack Helicopter Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Airbus SE, Bell Textron Inc. (Textron Inc.), Denel Aeronautics (Denel SOC Ltd.), Hindustan Aeronautics Limited, JSC Rosoboronexport (Rostec), Leonardo S.p.A., Lockheed Martin Corporation, The Boeing Company, etc.
The report has been segmented the market into following categories:
Product Type Insights
- Single-Engine
- Twin-Engine
End Use Insights
- Army
- Navy
- Air Force
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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