Industry Background:
Attack helicopters are armed helicopters modified or designed to search out and participate in enemy targets or to supplement the fires of ground-based. The attack helicopter has proven to be a suitable platform that can accommodate a variety of weapons responsive to the fire support requirements of the ground commander. These helicopters play an essential role in augmenting the ground commander’s capability for mobile and nuclear warfare. The growing military investment by various countries has driven the demand for attack helicopters.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | JSC Russian Helicopters (Russia), The Boeing Company (United States), Airbus SE (Netherlands), Lockheed Martin Corporation (United States), Textron Inc. (United States), MD Helicopters, Inc. (United States), Hindustan Aeronautics Limited (India), Leonardo S.p.A. (Italy) and Turkish Aerospace Industries (Turkey) |
This growth is primarily driven by Growing Preparation of Attack Helicopters in War Zones, Attack Helicopter Modernization Programs and Rising Procurable Plans of Developing Countries.
Globally, a noticeable market trend is evident Growing Technological Development in Attack Helicopters The Aerospace & Defense sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as JSC Russian Helicopters (Russia), The Boeing Company (United States), Airbus SE (Netherlands), Lockheed Martin Corporation (United States), Textron Inc. (United States), MD Helicopters, Inc. (United States), Hindustan Aeronautics Limited (India), Leonardo S.p.A. (Italy) and Turkish Aerospace Industries (Turkey), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. In Attack Helicopters Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Key Developments in the Market:
In January 2020, Airbus completed the delivery of 18 Tiger HAD attack helicopters under a contract with Spain to the Army Air Corps, which have higher engine power than previous models and are more likely to crash.
In February 2019, Turkey’s Defence Industries (SSB) signed a contract with Turkish Aerospace Industries as part of the country’s effort to indigenously develop a new 10-tonne heavy attack helicopter. This helicopter is likely to compete in the future with the Boeing AH-64 Apache. and In 2015, The Boeing Company formed a joint venture with Tata Advanced Systems Ltd. called Tata Boeing Aerospace Limited (TBAL) for the manufacturing of Apache helicopters in India. TBAL opened a new facility for the production of fuselages for AH-64 Apache helicopters.
Influencing Trend:
Growing Technological Development in Attack Helicopters
Market Growth Drivers:
Growing Preparation of Attack Helicopters in War Zones, Attack Helicopter Modernization Programs and Rising Procurable Plans of Developing Countries
Challenges:
The high safety standards of regulatory authorities
Restraints:
High Price of Maintenance and Lack of Accomplished Labor
Opportunities:
Increasing Military Spending and Fleet Modernization Plans of the Countries with New and Advanced Attack Helicopters
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Attack Helicopters Market
- Analysis about New Entrants in Attack Helicopters Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Attack Helicopters Study Sheds Light on
The Attack Helicopters Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Attack Helicopters industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Attack Helicopters industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.