Market Size of Attack Helicopter Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Attack Helicopter Market Analysis
The attack helicopter market is anticipated to register a CAGR of above 4% during the forecast period (2020 – 2025).
- The increasing military spending,fuelled by the growth of political and geographical tensions between the countries, has led to an increase inprocurement incountries, like India, Kuwait, Qatar, Australia, Russia, and the United Arab Emirates, among others,to strengthen their combat capabilities. This is acting as a major driver for the attack helicopter market.
- Additionally, the fleet modernization plans of the countries with new and advanced attack helicopters are anticipated to support the growth of the market, during the forecast period.
- The growth in partnerships between the local and global players for decreasing manufacturing costs and improvingtheir delivery rate is expected to further boost the growth of the market, during the forecast period.
