Market Size of Asia-Pacific Attack Helicopter Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.53 Billion |
| Market Size (2029) | USD 2.14 Billion |
| CAGR (2024 - 2029) | 7.02 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Attack Helicopter Market Analysis
The Asia-Pacific Attack Helicopter Market size is estimated at USD 1.53 billion in 2024, and is expected to reach USD 2.14 billion by 2029, growing at a CAGR of 7.02% during the forecast period (2024-2029).
Asia-Pacific region is marked by the presence of major military powers such as India, China, Japan, South Korea, etc. who are increasing their defense budget every year. A large part of this budget is going into the upgradation and enhancement of air superiority in the region. This factor is propelling the market growth for attack helicopters in the Asia-Pacific region.
Factors such as a rise in armed conflict, terrorism, border tensions, territory breaches, violations, etc. are fueling the demand for attack helicopters. Also, the armed forces in the region are enhancing the effectiveness (in terms of lethality, situational awareness, etc.) of attack helicopters with advanced technologies to have a tactical advantage over the enemy. The rapid adoption of advanced stealth technology to increase the lethality of helicopters and reduce sound and heat signatures is anticipated to help the market grow in the coming future.
