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

The North America 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

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

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Market Overview

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

The market of military helicopters was significantly affected by the COVID-19 pandemic as there were supply chain issues in the defense sector due to the imposition of lockdowns in several countries around the world. This has led to a significant decrease in total manufactured and delivered military helicopters in 2020. However, as the lockdowns were lifted in 2021, supply chain issues were mitigated and the deliveries of helicopters in the region began to recover to pre-pandemic levels.

The United States is currently involved in geopolitical issues with China and Russia, which has led to a significant rise in its military spending. This military expenditure is being invested into new aircraft and helicopter programs to strengthen its aerial capabilities. Similarly, as one of the key nations under NATO, Canada is investing in procuring new generation fixed-wing and rotary-wing aircraft. Such investments are expected to drive the growth of the market.

In addition to procurement, the governments and armed forces are investing into the development advanced helicopter models with advanced sensor suites as well as enhanced lethality. The development of new and advanced programs is anticipated to boost the growth of the market during the forecast period.

Scope of the Report

The study includes all types of manned rotorcraft (or helicopters) used for military purposes. The market is segmented by attack helicopters, transport helicopters, and multi-mission and training helicopters. The multi-mission helicopters include utility helicopters, reconnaissance helicopters, and maritime 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 North America 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 States
Canada

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Key Market Trends

Attack Helicopters Segment is Expected to Exhibit Significant Growth during the Forecast Period

The armed forces of countries in the North America region are acquiring new and advanced attack helicopters to provide additional capability for engaging ground targets. As of January 2022, more than 120 attack helicopters were on order for the US armed forces (including helicopters such as Boeing AH-64 Apache and Bell AH-1Z Viper). In addition to the existing order, as of October 2021, the US Department of Defense (DoD) was in talks with Boeing for the procurement of at least 100 additional AH-64E Apache attack helicopters. The order is expected to be a second multi-year contract for the AH-64 program and is expected to be signed by the end of 2022. Moreover, the country is expected to acquire new generation helicopters under the Future Vertical Lift Program, which includes the Future Attack and Reconnaissance Aircraft (FARA) and Future Long-Range Assault Aircraft (FLRAA). Under the FARA program, the country is currently exploring its options between the Bell 360 Invictus, and Sikorsky Raider X, and the final selection of the aircraft is expected to be completed by 2028. Similarly, for the FLRAA program, the armed forces are considering Bell V-280 Valor and Sikorsky/Boeing Defiant X. The helicopters under the FLRAA program are expected to enter service by 2030 and replace the Sikorsky UH-60 Black Hawk utility helicopters. Such investments into new programs are anticipated to boost the growth of the segment in the coming years.

North America Military Helicopter Market Share

United States Accounted for Highest Share in the Market in 2021

The United States currently dominates the market and is expected to continue its dominance over the market during the forecast period. This is primarily due to the investments of the DoD towards the deployment of advanced helicopter programs. As of January 2022, the United States armed forces, the US Army and the US Navy had over 20 Boeing AH-64 Apache and over 100 Bell AH-1Z Viper helicopters on order, respectively. Also, the US Army has more than 200 Sikorsky S-70 (and its variants like EH/HH/MH/UH-60) helicopters under order. Under the defense budget of FY2023, the US DoD requested for procurement of 53 UH-60 Black Hawk helicopters including 10 UH-60M, 15 HH-60M, and 28 UH60V models. The US Marine Corp. previously announced its plan to procure 200 CH-53K heavy-lift-helicopters that will replace the aging CH-53 Super Stallion helicopters in service. The deployment of the CH-53K helicopters is scheduled to begin in 2024 and final deliveries are scheduled to be completed by 2031. In addition to such procurements, the DoD is also undertaking several modernization programs for enhancing the capabilities of the existing fleet of helicopters. For instance, from November 2021, the US National Guard’s Eastern Army National Guard Aviation Training Site received the new UH-60V Black Hawk helicopter. The UH-60V is an new variant of aging UH-60A and L helicopters with advanced flight planning and mission capability, certified GPS RNAV database and upgraded digital glass cockpit. In 2020, the United States began upgradation of the aging UH-60A and L helicopter fleets to UH-60V variant. Such investments into the procurements and modernization programs of the United States are anticipated to propel the growth of the market in the country.

North America Military Helicopter Market Analysis

Competitive Landscape

The market for North America military helicopters is slightly consolidated with few players accounting for the majority share in the market. Some of the prominent players in the North America military helicopter market are Lockheed Martin Corporation, The Boeing Company, Textron Inc. (through Bell), Airbus SE, and Leonardo S.p.A. Currently, the majority of helicopter fleet as well aircraft on order in the North American region is dominated by US-based companies like Lockheed Martin Corporation, The Boeing Company, and Textron Inc. In addition to the US-based companies, other companies are also expanding their presence in the region through partnerships and contracts with governments and armed forces. For instance, in September 2021, Airbus Helicopters announced that the company delivered the first UH-72B, the latest variant of its Lakota helicopter to the US Army National Guard. The helicopter is the first of 18 UH-72B Lakota helicopters in order to support critical missions of the National Guard. Furthermore, the companies are also collaborating on the development of new helicopter programs to cater to the requirement of future procurement programs. Such collaborations among the players in the market are expected to help them increase their presence in the market.

Recent Development

In May 2022, the government of Canada announced the Griffon Limited Life Extension project to extend the service life of its Bell CH-146 Griffon fleet. Under the project, the government will invest approximately CAD 800 million (USD 632 million) to upgrade 85 helicopters in service. The company will upgrade aircraft's avionics systems, Pratt & Whitney PT6T‑3D engines as well as integrate new sensor systems. The first upgraded helicopter is planned to be delivered in 2023 and the program is expected to run through 2028.

In January 2022, Lockheed Martin Sikorsky-Boeing announced that the SB-1 Defiant helicopter has successfully completed the mission profile test flights. The SB-1 Defiant is a technology demonstrator for the Defiant X weapon system, which is being developed by Lockheed Martin and Boeing as a part of the US Army’s Future Long-Range Assault Aircraft (FLRAA) program.

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 States

      2. 5.2.2 Canada

  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 MD Helicopters, Inc.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

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

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

Lockheed Martin Corporation, The Boeing Company, Textron Inc., Airbus SE, Leonardo S.p.A. are the major companies operating in North America Military Helicopter Market.

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