The military helicopters market size is expected to see strong growth in the next few years. It will grow to $62.41 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to an increase in territorial and political conflicts, rapid advances in technology and increasingly advanced military helicopters. Major trends in the forecast period include implementing technological advancements and development such as dynamics modeling and, fly by wire controls into lightweight helicopter products, integrating IoT systems, implementing artificial intelligence technology, consider using 3d printing technology to manufacture lightweight parts at low costs, consider adopting to single engine operative mode for helicopters to reduce noise, implementing autonomous system and improve helicopter maintenance.
The rise in military expenditure has fueled the growth of the military helicopter market. For example, in April 2024, the Stockholm International Peace Research Institute (SIPRI), a Sweden-based non-governmental organization, reported that global military spending reached $2.44 trillion in 2023, reflecting a 6.8% increase in real terms compared to 2022. This growth in military expenditure has resulted in heightened procurement of warships, submarines, aircraft, and helicopters, consequently generating higher revenues for the military helicopter market.
The proliferation of drone usage is expected to further propel the growth of the military helicopter market. Drones, unmanned aerial vehicles (UAVs) without human pilots, are often employed for surveillance, reconnaissance, and intelligence gathering. This complements the role of military helicopters, which are deployed for diverse purposes such as troop transport, cargo delivery, search and rescue, and combat missions. The synergy between drones and helicopters enhances the comprehensiveness of military operations. As of August 2023, more than 863,000 drones were registered with the Federal Aviation Administration (FAA), showcasing the rising prominence of drone technology and its impact on the military helicopter market.
Technological advancements in helicopter manufacturing processes are playing a pivotal role in shaping the military helicopter market. The industry is witnessing substantial transformations with advancements such as additive manufacturing, computational structural dynamics modeling, fly-by-wire controls, condition-based maintenance (CBM), health and usage monitoring systems (HUMS), and advanced turbine engine programs. These innovations promise significant advancements in rotorcraft capabilities. For instance, Israel-based Steadicopter Ltd. launched the Black Eagle 50H in February 2022, featuring a hybrid gas-electric power system with an extended range of up to five hours, making it suitable for various applications in intelligence, surveillance, target acquisition, and reconnaissance (ISTAR) on land and sea.
Major companies in the military helicopter market are introducing new products, including combat-capable helicopters, to expand their customer bases, increase sales, and boost revenue. Combat-capable helicopters, or attack helicopters, are specifically designed and equipped for offensive operations in combat scenarios. In April 2023, Airbus unveiled the H125 military configurations, known as AH-125 and MH-125 Ares. While the AH-125 Ares is designed as the armed variant, the MH-125 Ares serves as a multi-role helicopter capable of performing diverse activities, contributing to the extensive lineup of military helicopters offered by Airbus.
Major companies operating in the military helicopters market include The Boeing Company, Airbus, Russian Helicopters, Lockheed Martin, Leonardo SpA, China Aerospace Science and Industry Corporation, Textron Inc., BAE Systems, Hindustan Aeronautics Limited, Changhe Aircraft Industries Corporation, TATA Advanced Systems, Korea Aerospace Industries, Kawasaki Aerospace Company, NHIndustries, Kazan Helicopters, MD Helicopters, Inc., Kaman Aircraft, Cicaré S.A., Embraer S.A., Empresa Nacional de Aeronautica (ENAER), Calidus LLC, Israel Aerospace Industries, Denel Aerostructures (Pty) Ltd.
Asia-Pacific was the largest region in the military helicopters market in 2024. Western Europe is expected to be the fastest-growing region in the global military helicopters market share during the forecast period. The regions covered in the military helicopters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the military helicopters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The military aircraft market consists of sales of aircraft with weapons, artillery tanks, and radar equipment for military purposes. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
A military aircraft is an aircraft specifically designed or adapted for military missions, which can include tasks such as troop transport, combat search and rescue (CSAR), medical evacuation (MEDEVAC), serving as an airborne command post, or being armed with weapons for ground target attacks.
The primary types of military helicopters are light military helicopters, medium military helicopters, and heavy military helicopters. Various components and systems used in military helicopters include airframes, main rotor systems, anti-torque systems, electrical systems, hydraulic systems, avionics, stability augmentation systems, flight control systems, undercarriages, environmental control systems, emergency services, special-purpose systems, and engines. The number of engines can be single or twin. Military helicopters serve various applications, including utility military helicopters, transport military helicopters, attack/assault military helicopters, search and rescue military helicopters, multi-role military helicopters, and reconnaissance and observation military helicopters. Utility military helicopters are highly versatile aircraft capable of performing a range of missions, from reconnaissance and attack to transport and evacuation.
The military helicopter market research report is one of a series of new reports that provides military helicopter market statistics, including global market size, regional shares, competitors with a military helicopter market share, detailed military helicopter market segments, market trends and opportunities, and any further data you may need to thrive in the military helicopter industry. This military helicopter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Military Helicopters Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on military helicopters market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for military helicopters? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The military helicopters market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Light Military Helicopter, Medium Military Helicopter, Heavy Military Helicopter2) By Component & System: Main Rotor Systems, Electrical Systems, Hydraulic Systems, Avionics, Flight Control Systems, Undercarriages, Protection Systems, Other Component & Systems
3) By Number of Engines: Single, Twin Engine
4) 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
Subsegments:
1) By Light Military Helicopter: Attack Light Helicopters; Reconnaissance Light Helicopters; Utility Light Helicopters2) By Medium Military Helicopter: Multi-Role Medium Helicopters; Transport Medium Helicopters; Attack Medium Helicopters
3) By Heavy Military Helicopter: Transport Heavy Helicopters; Heavy Lift Helicopters; Specialized Heavy Helicopters
Key Companies Mentioned: The Boeing Company; Airbus; Russian Helicopters; Lockheed Martin; Leonardo SpA
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- The Boeing Company
- Airbus
- Russian Helicopters
- Lockheed Martin
- Leonardo SpA
- China Aerospace Science and Industry Corporation
- Textron Inc.
- BAE Systems
- Hindustan Aeronautics Limited
- Changhe Aircraft Industries Corporation
- TATA Advanced Systems
- Korea Aerospace Industries
- Kawasaki Aerospace Company
- NHIndustries
- Kazan Helicopters
- MD Helicopters, Inc.
- Kaman Aircraft
- Cicaré S.A.
- Embraer S.A.
- Empresa Nacional de Aeronautica (ENAER)
- Calidus LLC
- Israel Aerospace Industries
- Denel Aerostructures (Pty) Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 50.4 Billion |
Forecasted Market Value ( USD | $ 62.41 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |