Military Rotorcraft Market Expansion In The Near Future At A CAGR Of 3.50% During The Forecast Period 2023 To 2032.

Rising concerns about international security is expected to drive market expansion in the near future at a CAGR of 3.50% during the forecast period 2023 to 2032.

Market Research Future (MRFR) has published a cooked research report on the “Global Military Rotorcraft Market” that contains information from 2018 to 2032. The military rotorcraft market is estimated to register a CAGR of 3.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global military rotorcraft market - Rostec, Lockheed Martin Corporation, Changhe Aircraft Industries Corporation, The Boeing Company, Textron Inc., Hindustan Aeronautics Ltd, Airbus SE, Leonardo SpA, Korea Aerospace Industries Ltd, MD HELICOPTERS Inc., Kaman Corporation, and Turkish Aerospace Industries Inc.

Market Highlights

The global military rotorcraft market is accounted to register a CAGR of 3.50% during the forecast period and is estimated to reach USD 26.985 billion by 2032.

Global military budget increases brought on by geopolitical unrest and border disputes are pushing nations to spend more on new planes and helicopters to improve their aerial capabilities. In addition, the nations are spending money to upgrade the capabilities of their current helicopters with new machinery. Throughout the projected period, the market expansion is anticipated to be driven by such investments in the acquisition and modernization of the military rotorcraft fleet.

Segment Analysis

The global military rotorcraft market has been segmented into type.

On the basis of type, the market is segmented into Attack Helicopters, Transport Helicopters, Multi-mission Helicopters, and Training Helicopters. The attack helicopters segment was attributed to holding the largest market share in 2022. This is a result of massive global purchases of attack helicopters to bolster defensive capabilities. Furthermore, the proliferation of attack helicopters among countries looking to improve their defensive capabilities is the cause of the expansion. 

Regional Analysis

The global military rotorcraft market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe military rotorcraft market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The military rotorcraft market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World military rotorcraft market comprises of Middle East, Africa, and Latin America.

The largest market share for military rotorcraft was maintained by the North American regional sector. The North American market is robust and strong due to substantial defense spending and the existence of major industrial competitors. The region's unwavering commitment to technical advancement and military modernization further solidifies its noteworthy market position.

Moreover, the Europe market has been persistently growing over the forecast period. With its rich history and continuous improvements in military aviation, Europe has a distinctive blend of conventional and cutting-edge rotorcraft designs. The established aerospace sector in the region, together with coordinated defense initiatives, significantly influences market dynamics.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Because of the efforts of countries like China and India, the military rotorcraft sector in this region is expanding rapidly. Global instability, risks to national and international security, fleet replacement plans, modernization tactics, and international territorial disputes are all anticipated to exert pressure on the market.

Furthermore, the rest of the world's military rotorcraft market is divided into the Middle East, Africa, and Latin America. Increasing defense spending is being seen throughout the rest of world as a result of territorial disputes and regional power struggles. Moreover, it is projected that regional growth would be propelled over the next ten years by modernization initiatives launched by the region's top nations to replace outdated fleets and strengthen military rotorcraft R&D and manufacturing capacities.

Key Findings of the Study

• The global military rotorcraft market is expected to reach USD 26.985 billion by 2032, at a CAGR of 3.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market. The military rotorcraft industry in this region is growing quickly because to the efforts of nations such as China and India.


• Based on type, the attack helicopters segment was attributed to holding the largest market in 2022, with an approximate market share of 55%.


• Rostec, Lockheed Martin Corporation, Changhe Aircraft Industries Corporation, The Boeing Company, Textron Inc., Hindustan Aeronautics Ltd, Airbus SE, Leonardo SpA, Korea Aerospace Industries Ltd, MD HELICOPTERS Inc., Kaman Corporation, and Turkish Aerospace Industries Inc.