Military Helicopter Market

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Global Military Helicopter Market Forecast 2023
Market Research Future published a cooked research report on the global military helicopter market. The
military helicopter market is estimated to register a CAGR of approximately 8.4% during the forecast period
of 2018 to 2023.
Military helicopters assist in surveillance and evacuation activities. Factors such as territorial conflicts,
increased helicopter fleet manufactured and the growing demand for replacement of obsolete fleets are
driving the global military helicopter market.
The global military helicopter market has been segmented based on type, procurement type, and region. On
the basis of type, the military helicopter market is divided into heavy cargo, attack, reconnaissance, light
utility, medium utility, maritime, and search & rescue. In 2017, the attack segment dominated the global
market. Enhanced functionalities offered such as firing stability, tactical air control and exclusive economic
zone protection are factors driving the demand for attack helicopters. However, maritime helicopters are
anticipated to grow at the fastest CAGR over the forecast period owing to features offered such as advanced
sensors, situational awareness, and command & control among others. On the basis of procurement type,
the market has been segmented into new acquisitions, and upgrades. The new acquisitions segment
dominated the global market over the forecast period owing helicopter fleet manufactured. However,
upgrades segment is expected to grow at the fastest CAGR over the forecast period. High cost of original
equipment and services offered by aftermarket players such as modifications, customizations and
maintenance are boosting the upgrades segment.