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Increasing military expenditure are expected to drive innovation in military helicopters manufacturing, thus driving the market during the forecast period.

The global military helicopters market is expected to grow from $55.57 billion in 2022 to $59.63 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The global military helicopters market size is expected to grow to $72.81 billion in 2027 at a CAGR of 5.1%.

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Global Military Helicopters Market Segments Include:

• By Type:Light Military Helicopter, Medium Military Helicopter, Heavy Military Helicopter
• By Application:Utility Military Helicopter, Transport Military Helicopter, Attack/Assault Military Helicopter, Search and Rescue Military Helicopter, Multi-Role Military Helicopter, Reconnaissance and Observation Military Helicopter
• By Number of Engine:Single, Twin Engine
• By Component & System:Airframe, Main Rotor Sysmtems, Anti-Torque systems, Electrical Systems, Hydraulic Systems, Avionics, Stability Augmentation Systems, Flight Control Systems, Undercarriages, Environmental Contorl Systems, Emergency Services, Special-purpose Systems, Engines
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global military helicopters market in 2021.

Major Market Players in the military helicopters market include Airbus, BAE Systems, Boeing, China Aerospace Science, and Industry Corporation, Enstrom Helicopter Corporation, Hindustan Aeronautics Limited.

Technological advancements in the helicopter manufacturing process are shaping the military helicopter market. The global helicopter industry has been undergoing a substantial transformation in recent years. Significant technological advancements, including extensive use of additive manufacturing, computation structural dynamics modeling, advanced condition-based maintenance (CBM), fly-by-wire controls, health and usage monitoring systems (HUMS), and advanced turbine engine programs, are promising big leaps in rotorcraft capabilities. For instance, in February 2022, Steadicopter Ltd., an Israel-based designer and manufacturer of Rotary Unmanned Aircraft Systems, launched the Black Eagle 50H, which will run on both gas and electricity. It has a long range and can fly for up to five hours at a time, making it suitable for a wide range of applications. The Black Eagle is intended to provide solutions for intelligence, surveillance, target acquisition, and reconnaissance on both the sea and land (ISTAR).

The Military Helicopters Global Market Report 2023  provides a military helicopters market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The military helicopters market forecast analyzes military helicopters market size, military helicopters market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A military aircraft is an aircraft specifically built or converted for military missions such as transport of troops, combat search and rescue (CSAR), medical evacuation (MEDEVAC), airborne command post, or armed with weapons for attacking ground targets.

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