Europe Military Helicopter Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Europe Military Helicopter Market has been segmented by Type (Attack helicopters, Transport helicopters, and Multi-mission and training helicopters), and Geography. The report offers market size and forecast for North America Military Helicopter Market in value (in USD million) for all the above segments.

Market Snapshot

Europe Military Helicopter Market Size
Study Period: 2018-2027
Base Year: 2021
CAGR: >4 %
Europe Military Helicopter Market Major Players

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Market Overview

The Europe Military Helicopter Market is expected to register a CAGR of more than 4% during the forecast period (2022-2027).

Due to the COVID-19 pandemic, the military helicopter market was affected significantly as the total number of deliveries in the region decreased in 2020. This was primarily due to the supply chain disruptions in the defense sector due to lockdown imposition in various countries globally. Nevertheless, in 2021, as supply chain disruptions subsided, the deliveries of helicopters in the region increased to pre-pandemic levels.

Due to the ongoing war between Ukraine and Russia, various countries in the Europe region are robustly increasing their defense expenditure for the procurement of new military equipment including aircraft and helicopter programs to strengthen their capabilities. Some of the countries are also investing into modernisation of their existing fleet of aircraft with new cockpit and communication suites, among others. The growing military spending and subsequent investments into procurement and modernization of military helicopter fleet is expected to drive the growth of market during the forecast period.

In addition to procurement, the countries in the European region are collaborating towards the development advanced helicopter models with advanced sensor suite and weapon systems. Such investments into development of new helicopter programs are anticipated to boost the growth of the market in the coming years.

Scope of the Report

The study includes all types of manned rotorcraft (or helicopters) used for military purposes. By Type, the market is segmented into attack helicopters, transport helicopters, and multi-mission and training helicopters. The multi-mission helicopters include utility helicopters, reconnaissance helicopters, maritime helicopters and search and rescue helicopters, among others. In addition to procurement, the scope of the study also modification and upgrades as well as maintenance, repair, and overhaul of military helicopters. The report also covers the market sizes and forecasts for the market in major countries in the European region. The market sizing and forecasts have been provided in value (USD million).

Type
Attack helicopters
Transport helicopters
Multi-mission and training helicopters
Geography
United Kingdom
France
Germany
Russia
Rest of Europe

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Key Market Trends

Multi-mission and Training Helicopters Segment is Expected to Exhibit Highest Growth during the Forecast Period

The multi-mission and training helicopters segment is expected to witness the highest growth during the forecast period owing to growing procurements of utility and multi-mission helicopters in the countries in the region. The armed forces in the region are robustly investing in the acquisition of new helicopters in support roles. As of June 2022, European countries like Belgium, Finland, France, Germany, Greece, Italy, the Netherlands, Norway, Spain, and Sweden have orders for NHIndustries NH90 helicopters (order includes Tactical Transport Helicopter (TTH) and NATO Frigate Helicopter (NFH) variants). Furthermore, the Polish Armaments Inspectorate initiated Kondor and Perkoz programs in 2019 and 2020 respectively, to replace the aging helicopter fleet and introduce new helicopters. In June 2022, Poland announced its plan to acquire 32 Leonardo AW149 multirole support helicopters under the Perkoz multirole support helicopter program. The 32 helicopters to be acquired under the Perkoz program will be for combat support, command and reconnaissance, and electronic warfare missions. Under the Kondor program, the country plans to replace four Kaman SH-2G Super Seasprite anti-submarine warfare (ASW) helicopters of the Polish Navy. The country plans to acquire four to eight multi-role helicopters for ASW operations and target acquisition applications. Such investments into new programs are anticipated to boost the growth of the segment in the coming years.

Europe Military Helicopter Market Share

Russia Accounted for Highest Share in the Market in 2021

Russia currently dominates the market and is expected to continue its dominance over the market during the forecast period. This is primarily due to the increasing military investments of the country towards the modernization of its land, air, and sea military equipment over the past few years. The investments into the military sector further increased due to the ongoing war between the country and Ukraine. The Russian Air Force has new variants of Kamov Ka-52, Mil Mi-28, and Mil Mi-8/17/171 helicopters on order. Earlier in September 2020, Russian Helicopters announced the launched serial production of Mi-28NM, the fifth-generation derivative Mi-28 attack helicopter. The company's serial production of the helicopter began as a part of the agreement between the Russian Defense Ministry and Rostec to deliver 98 Mi-28NM helicopters by 2027. Similarly, the Russian government approved Russian Helicopters in November 2022 to begin the mass production of the Mi-26T2V military transport helicopters. The Mi-26T2V is the heaviest military transport helicopter with a cargo-carrying capacity of 20 tonnes. The helicopter is equipped with a new NPK90-2V avionics suite, enabling it to operate in automatic mode. The introduction of such advanced helicopters is expected to drive the growth of the market in the country during the forecast period.

Europe Military Helicopter Market Forecast

Competitive Landscape

The market for Europe military helicopters is slightly consolidated with few players accounting for the majority of the share in the market. Some of the prominent players in the Europe military helicopter market are The Boeing Company, Textron Inc. (through Bell), Airbus SE, Leonardo S.p.A., and Rostec (through Russian Helicopters). Currently, the majority of helicopter fleet as well aircraft on order in the European region is dominated by European companies like Airbus, Leonardo, and Rostec. In addition to the Europe-based companies, other companies have also been expanding their presence in the region through contracts with the armed forces. As of May 2022, Sikorsky, a subsidiary of Lockheed Martin announced plans to capture new market opportunities in the Eastern European region due to the ongoing war tension between Ukraine and Russia. Due to the ongoing tensions, the countries in the region are expected to replace their aging Russian helicopter fleet in service, which is expected to create a new market for the companies. Furthermore, the companies are expected to collaborate in the coming years for the development of new helicopter programs such as Next Generation Rotorcraft Capability (NGRC) to cater to the requirement of future procurement programs. Such collaborations are anticipated to help the companies increase their share in the market in the coming years.

Recent Development

In January 2022, the Italian Secretariat General of Defence/National Armaments Directorate signed an Acquisition Contract with Leonardo to provide AW169M Light Utility Helicopters (LUH) to the Austrian Ministry of Defence. The contract was worth EUR 346 million (USD 422.8 million) and was signed under the Italy-Austria Government-to-Government (G2G) agreement.

In November 2021, the Ministry of Internal Affairs of the Romania government signed an agreement with PZL Mielec, a Lockheed Martin company, to deliver up to 12 Sikorsky S-70i Black Hawks for special airborne missions of SMURD emergency services organization. Under the initial framework, six helicopters will be delivered under a contract worth EUR 270 million (USD 312 million), with delivery scheduled to begin by 2023.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size and Forecast by Value - USD million, 2018 - 2027)

    1. 5.1 Type

      1. 5.1.1 Attack helicopters

      2. 5.1.2 Transport helicopters

      3. 5.1.3 Multi-mission and training helicopters

    2. 5.2 Geography

      1. 5.2.1 United Kingdom

      2. 5.2.2 France

      3. 5.2.3 Germany

      4. 5.2.4 Russia

      5. 5.2.5 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Lockheed Martin Corporation

      2. 6.1.2 The Boeing Company

      3. 6.1.3 Textron Inc.

      4. 6.1.4 Airbus SE

      5. 6.1.5 Leonardo S.p.A.

      6. 6.1.6 Rostec

      7. 6.1.7 MD Helicopters, Inc.

      8. 6.1.8 Robinson Helicopter Company

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The Europe Military Helicopter Market market is studied from 2018 - 2027.

The Europe Military Helicopter Market is growing at a CAGR of >4% over the next 5 years.

The Boeing Company, Textron Inc., Airbus SE, Leonardo S.p.A., Rostec are the major companies operating in Europe Military Helicopter Market.

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