Attack Helicopter Market

Market Overview:

The global attack helicopter market size reached US$ 7.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.1 Billion by 2032, exhibiting a CAGR of 4.73% during 2024-2032. Rising defense expenditure, rapid military modernization, and increasing product utilization in counter-terrorism operations represent some of the key factors driving the market.

An attack helicopter is a specialized over-battlefield military equipment used by the army, navy, and air force for diverse operations. It is built with high-performance and durable materials for enhanced protection of troops and pilots. Its components include rotors, pylons, wings, radar, engine, cockpit, and landing gears. An attack helicopter carries a wide range of weapons, including automatic cannons, machine guns, anti-tank guided missiles, rockets, anti-ship missiles, and air-to-air missiles. It is widely used for countering armored vehicles, providing close-air support to ground forces, armed reconnaissance, light troop transport, and deep penetration missions. As compared to military planes, an attack helicopter is small, lightweight, slow, highly maneuverable, easy to hide, and can carry surprise attacks deep into the enemy’s territory. It also offers excellent operational range, high service ceilings, and enormous load-carrying capacity.

The rising defense expenditure due to increasing political and geographical tensions between countries is one of the primary factors driving the market growth. An attack helicopter is an essential element of a military strike used for conducting multi-domain operations, such as critical troop support, fortification, thwarting enemy infantry attacks, and destroying various ground targets, including artillery, tanks, and armored vehicles. In addition to this, the widespread product adoption due to rapid military modernization to replace aging fleets and retain air dominance capability is acting as another growth-inducing factor. Furthermore, increasing product utilization 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 providing an impetus to the market growth. Additionally, the integration of three-dimensional (3D) printing technology for designing and manufacturing various parts, such as rotorcraft and turbine engine, that saves time, reduce costs, improve reliability, and increase production rates is positively influencing the market growth. Apart from this, various technological advancements, such as the utilization of artificial intelligence (AI) to enhance the efficiency and reduce the workload of the pilot in the cockpit by enabling voice recognition, providing flight route suggestions, and assisting in decision-making during harsh weather and complex mission conditions, is propelling the market growth. Moreover, the increasing partnership between global and domestic manufacturers to reduce production costs and improvise delivery rates and time is creating a positive outlook for the market. Other factors, including an increasing emphasis on border security, rising investment in research and development (R&D) activities, and the introduction of unmanned and stealth attack helicopters, are anticipated to drive the market growth.

Key Market Segmentation: 

IMARC Group provides an analysis of the key trends in each segment of the global attack helicopter market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on product type and end use.

Product Type Insights 

• Single-Engine
• Twin-Engine
   

The report has provided a detailed breakup and analysis of the attack helicopter market based on the product type. This includes single-engine and twin-engine. According to the report, single-engine represented the largest segment.

End Use Insights 

• Army 
• Navy
• Air Force
   

A detailed breakup and analysis of the attack helicopter market based on the end use has been provided in the report. This includes army, navy, and air force. According to the report, army accounted for the largest market share. 

Regional Insights

• 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
   

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for attack helicopter. Some of the factors driving the North America attack helicopter market include the significant presence of defense aviation manufacturers, technological innovations, rapid modernization, etc.

Competitive Landscape

The report has also provided a comprehensive analysis of the competitive landscape in the global attack helicopter market. Detailed profiles of all major companies have also been provided. Some of the companies covered include 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. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report. 

Report Coverage:

Key Questions Answered in This Report: 

• How has the global attack helicopter market performed so far and how will it perform in the coming years? 
• What are the drivers, restraints, and opportunities in the global attack helicopter market? 
• What are the key regional markets? 
• Which countries represent the most attractive attack helicopter markets? 
• What is the breakup of the market based on the product type? 
• What is the breakup of the market based on the end use?
• What is the competitive structure of the global attack helicopter market? 
• Who are the key players/companies in the global attack helicopter market? 
   

Key Benefits for Stakeholders: 

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the attack helicopter market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global attack helicopter market.
• The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the attack helicopter industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.