Global Attack Helicopter Market 2017-2021

Overview of the global attack helicopter market

Technavio’s market research analyst predicts the global attack helicopter market to grow at a CAGR of more than 5% between 2017 and 2021.  Attack helicopters play a crucial role in both manned and unmanned aircraft owing to the integration of new network electronics in them. Countries are increasingly deploying attack helicopters for quick strikes and rescue missions. Due to their mobility feature, most of the armies are making extensive investments in the development, manufacture, and upgradation of such aircraft. Attack helicopters provide ground attack forces with high flexibility to armies which need a complete arsenal for military operations.  Also, these helicopters are capable of rapidly destroying multiple enemy targets simultaneously, while generating maximum kill ratio before being detected by the enemy forces. These platforms can also easily deploy fire-and-forget long-range engagement missiles. With the growing incorporation of advanced lethal weaponry systems in several defense systems across the globe, the growth prospects for attack helicopter market will also increase in the coming years.

With the growing importance of the implementation of vertical take-off landing (VTOL) technology in military platforms, several governments and defense authorities across the globe are undertaking various R&D initiatives to incorporate VTOL in attack helicopters.  Moreover, the increasing requirement for forward flight and a high lift has necessitated the focus on the installation of VTOL technology in attack helicopters. For instance, in 2016, AVX Aircraft, a US-based company, introduced a new concept of attack helicopters with FVL capability. The FVL capability is integrated with a 16,700-lb winged coaxial compound helicopter, which can be used for attack, reconnaissance, and medical evacuation missions.

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Technavio's industry research report on the Global Attack Helicopter Market will help you:

• Identify latent opportunities and explorative solutions in the attack helicopter market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, applicable across 50+ countries

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Competitive landscape and key vendors

Airbus Helicopters, Boeing, Bell Helicopter, and HAL are the four dominant vendors in the attack helicopters market, competing in terms of availability, quality, price, and technology. These players primarily focus on the implementation of lightweight materials, electronic technologies, and robust systems. Owing to the intensely competitive market scenario, the growth of the vendors is largely dependent on market conditions, government support, and industry development. Several government organizations such as the US DoD and the UK Ministry of Defense encourage the application and development of these aircraft as they provide additional caliber to the ongoing military operations. Such support has prompted vendors to venture in creating new, cost-efficient, and effective fighter aircraft for use by the air forces.

Leading vendors in the market are: 

• Airbus Helicopters
• Bell Helicopter
• Boeing
• HAL

Other prominent vendors in the attack helicopter market include Denel, Leonardo – Finmeccanica, MD Helicopters, Russian Helicopters, and Turkish Aerospace Industries.

Geographical segmentation and analysis of the attack helicopter market

• Americas
• APAC
• EMEA

The Americas dominates the global attack helicopter market, in terms of expenditure and technological advancements. The US is the major revenue contributor to the market in the region, besides massive investments made by Canada and Latin American countries in the development of these platforms. The US is actively deploying troops and establishing military bases in Africa, Afghanistan, and the Middle East, which has increased its sales of attack helicopters to other nations through FMS. Other countries in the region like Peru are purchasing attack helicopters to combat against illegal armed groups and drug trafficking gangs.

Growth drivers, challenges, and upcoming trends:  Multi-role attack helicopters

Upcoming trends such as the emergence of multi-role attack helicopters are gaining huge popularity in the market. There have been extensive investments in the development and procurement of multi-role aircraft among military forces. These multi-role aircraft perform diverse roles both in combat as well as other emergency situations. These helicopters are specifically designed to employ guided weapons. Further, military agencies are also investing in the development and acquisition of multi-role attack helicopters that can be utilized for multiple missions. 

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the attack helicopter market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global attack helicopter market?
• What are the key market trends impacting the growth of the global attack helicopter market?
• What are the challenges to market growth?
• Who are the key vendors in the global attack helicopter market?
• What are the market opportunities and threats faced by the vendors in the global attack helicopter market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global attack helicopter market?

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