Attack Helicopter Market

Introduction of the Attack Helicopter Market Report

An attack helicopter refers to an armed helicopter whose basic role is to attack aircraft and the capability of engaging ground targets, including enemy infantry, fortifications, and military vehicles. They are also known as helicopter gunships. The global attack helicopter market covers various types of platforms such as army, navy, and air force.

To have an edge over the competition by knowing the market dynamics and current trends of “Attack Helicopter Market”, request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

One of the biggest factors that is contributing to the growth of the global attack helicopter market share includes the rising military spending around the world due to the growth of the political and geographical tension between various nations. For instance, in 2020, the government of the UK announced to increase its defense budget with the addition of USD 21.9 million in the funds. This fund will be spent on shipbuilding, space, equipment, research, and other activities for the next four years. Moreover, in 2019, the Indian government launched its plan to spend USD 130 billion to increase the combat capability of the armed forces over the next five to seven years. The government is also planning to speed up the modernization of the Navy, Army, and the Air Force, with a range of weapons, fighter jets, missiles, submarines, and other equipment. Furthermore, the government bodies are focusing on replacing the traditional helicopter with the advanced helicopter, which further surges the market growth. In 2020, the government of UK got its tow Boeing Apache AH-64E helicopter from the U.S. government, which will be replacing the Apache AH Mark 1 fleet.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

MTOW – Segment Analysis

Based on the MTOW, the above 8 metric ton (16,000 lbs) segment is expected to grow at a higher CAGR during the forecast period. This is mainly attributed to the increasing demand for helicopters such as Kamov Ka-50, Mil Mi-28, Mi-35, Bell AH-1Z Viper, and Boeing AH-64 Apache, among others. Moreover, the rising investment by the government bodies is further driving the market growth over the coming years. In 2017, the U.S. offered a USD 3.4 billion contracts to Boeing for 268 AH-64E (24 new and 244 remanufactured) helicopters. Moreover, Russia announced its plan to procure more than 100 Ka-52 helicopters by the end of 2019 and the procurement of Mi-28N, Mi-17, and Mi-26.

Platform – Segment Analysis

Based on the platform, the air force segment is expected to grow at a higher CAGR during the forecast period. This is mainly attributed to the continuous expansion of the air force segment around the world. In addition to this, the rising expenditure on the air force is further propelling the market growth. In 2021, the Indian air force has been allocated INR 53,214 crore for the purchase of new platforms and weapons. Moreover, in 2020, the British government approved the increase in the defense budget by adding USD 21.9 billion as additional funding.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, Asia-Pacific is expected to dominate the market during the forecast period. The rising demand for attack helicopters owing to the growing geographical tensions between the countries is a major factor that is boosting the demand of the market. Moreover, the governments are focusing on purchasing new helicopters and modernizing the fleet of attack helicopters, with an aim to improve their forces. In 2019, the Australian Departure of Defense raised a request for information (RFI) related to the plan of acquiring 29 attack helicopters in place of the 22 Tiger Airbus Helicopters for the Australian Army.

Top Market Players

Various notable players operating in the market include Rostec, Boeing, Airbus S.A.S, Lockheed Martin Corporation, Textron Inc., MD HELICOPTERS, INC., Hindustan Aeronautics Limited (HAL), Leonardo S.p.A., Turkish Aerospace Industries, and Denel Aeronautics, among others. 

Key Developments:

• • In 2021, Turkish Aerospace Industries delivered the T129 Tactical Reconnaissance and Attack Helicopter to the General Directorate of Security and exhibited the electric-powered T629 helicopter for the first time.
  • In 2020, Boeing completed the contract of 22 Apaches with the Indian Air Force (IAF) by handing over the last five AH-64E Apache attack helicopters to the IAF.

Segments covered in the Report:

The global Attack Helicopter market has been segmented on the basis of MTOW, Platform, and regions. Based on MTOW, the market is segmented into Below 8 metric ton (16,000 lbs) and Above 8 metric ton (16,000 lbs). Based on Platform, the market is segmented into Army, Navy, and Air Force. 

For detailed scope of the “Attack Helicopter Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global Attack Helicopter market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Attack Helicopter market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Attack Helicopter market?
  • Which MTOW generated maximum revenues in 2020 and identify the most promising MTOW during the forecast period?
  • What are the various Platform areas of global Attack Helicopter market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By MTOW, By Platform, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Rostec, Boeing, Airbus S.A.S, Lockheed Martin Corporation, Textron Inc., MD HELICOPTERS, INC., Hindustan Aeronautics Limited (HAL), Leonardo S.p.A., Turkish Aerospace Industries, and Denel Aeronautics, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Attack Helicopter Market by MTOW

• • Below 8 metric ton (16,000 lbs)
  • Above 8 metric ton (16,000 lbs)

Global Attack Helicopter Market by Platform

• • Army
  • Navy
  • Air Force

Global Attack Helicopter Market by Region

• • North America Attack Helicopter Market (Option 1: As a part of the free 25% customization)

    • North America Attack Helicopter Market by MTOW
    • North America Attack Helicopter Market by Platform
    • US Attack Helicopter Market All-Up
    • Canada Attack Helicopter Market All-Up

  • Europe Attack Helicopter Market (Option 2: As a part of the free 25% customization)

    • Europe Attack Helicopter Market by MTOW
    • Europe Attack Helicopter Market by Platform
    • UK Attack Helicopter Market All-Up
    • Germany Attack Helicopter Market All-Up
    • France Attack Helicopter Market All-Up
    • Spain Attack Helicopter Market All-Up
    • Rest of Europe Attack Helicopter Market All-Up

  • Asia-Pacific Attack Helicopter Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific Attack Helicopter Market by MTOW
    • Asia-Pacific Attack Helicopter Market by Platform
    • China Attack Helicopter Market All-Up
    • India Attack Helicopter Market All-Up
    • Japan Attack Helicopter Market All-Up
    • Rest of APAC Attack Helicopter Market All-Up

  • RoW Attack Helicopter Market (Option 4: As a part of the free 25% customization)

    • RoW Attack Helicopter Market by MTOW
    • RoW Attack Helicopter Market by Platform
    • Brazil Attack Helicopter Market All-Up
    • South Africa Attack Helicopter Market All-Up
    • Saudi Arabia Attack Helicopter Market All-Up
    • UAE Attack Helicopter Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Attack Helicopter Market All-Up

Major Players Operating in the Attack Helicopter (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Rostec
  • Boeing
  • Airbus S.A.S
  • Lockheed Martin Corporation
  • Textron Inc.
  • MD HELICOPTERS, INC.
  • Hindustan Aeronautics Limited (HAL)
  • Leonardo S.p.A.
  • Turkish Aerospace Industries
  • Denel Aeronautics