Aerospace Industry Today

Attack Helicopter Market Report 2023: Industry Overview, Size Share & Growth till 2028

The global attack helicopter market size reached US$ 6.83 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.43 Billion by 2028, exhibiting a CAGR of 5.42% during 2023-2028. Rising defense expenditure, rapid military modernization, and increasing product utilization in counter-terrorism operations represent some of the key factors driving the market.
Published 06 July 2023

Attack Helicopter Market Overview 2023-2028

The attack helicopter is a specialized military asset utilized by the navy, army, and air force in diverse operations on the battlefield. Constructed using high-performance and resilient materials, it ensures optimal protection for pilots and troops. The attack helicopter comprises various integral components such as pylons, wings, radar, rotors, engine, cockpit, and landing gears. Equipped with an arsenal of weapons including machine guns, anti-tank guided missiles, automatic cannons, rockets, anti-ship missiles, and air-to-air missiles, it serves multiple purposes. These include providing close-air support to ground forces, conducting armed reconnaissance, countering armored vehicles, facilitating light troop transport, and executing deep penetration missions. In comparison to military aircraft, the attack helicopter possesses traits such as compact size, lightweight construction, reduced speed, exceptional maneuverability, ease of concealment, and the ability to launch surprise incursions deep into enemy territory.

How big is the Global Attack Helicopter Market?

The global attack helicopter market size reached US$ 6.83 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.43 Billion by 2028, exhibiting a CAGR of 5.42% during 2023-2028. Rising defense expenditure, rapid military modernization, and increasing product utilization in counter-terrorism operations represent some of the key factors driving the market.

Attack Helicopter Market Trends and Drivers:

The attack helicopter market is experiencing a surge in demand due to its crucial role in conducting diverse operations across multiple domains. This includes providing vital support to troops, fortification, countering enemy infantry attacks, and neutralizing various ground targets such as artillery, tanks, and armored vehicles. Furthermore, the increasing need for these helicopters in urban warfare scenarios, involving counter-terrorism operations, armed conflicts, and protecting sovereignty, is driving market growth. These helicopters offer close combat support, strategic depth, and logistical capabilities across multiple theaters simultaneously. Additionally, the integration of three-dimensional (3D) printing technology in the design and manufacture of rotorcraft and turbine engines is revolutionizing the industry. This technology saves time, reduces costs, improves reliability, and increases production rates. Moreover, the utilization of artificial intelligence (AI) is enhancing the efficiency of attack helicopters by reducing the workload on pilots. AI enables voice recognition, provides flight route suggestions, and assists in decision-making during challenging weather conditions and complex missions. These advancements are expected to fuel the growth of the attack helicopter market in the forecasted period.

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Global Attack Helicopter Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: 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.

The report has segmented the market on the basis of region, 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

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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.

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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