Market Size of America Attack Helicopter Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 3.34 Billion |
Market Size (2029) | USD 4.08 Billion |
CAGR (2024 - 2029) | 4.09 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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America Attack Helicopter Market Analysis
The America Attack Helicopter Market size is estimated at USD 3.34 billion in 2024, and is expected to reach USD 4.08 billion by 2029, growing at a CAGR of 4.09% during the forecast period (2024-2029).
- To gain air superiority and include ground troop support capabilities, the nations in the region are investing significant monetary resources in defense expenditure to procure advanced helicopters. The deployment of attack helicopters by the US and its NATO partner nations, such as Canada, to curb terrorism and humanitarian crises is propelling the growth of attack helicopters in the region. In challenging terrains, it becomes difficult for armored vehicles to provide adequate support to ground combat units. Attack helicopters provide high agility and firepower, becoming a defining lifesaving factor in combat-affected regions.
- Technological advancements such as stealth technology that produces low heat and sound signatures, autonomous capabilities, advanced electronic warfare upgrades, advanced optics, etc., will support the growth of the attack helicopter market.