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The global attack helicopter market is expected to grow from USD 7 billion in 2022 to USD 12.53 billion by 2032, at a CAGR of 6% from 2023-2032. The increase in defence spending worldwide will augment the growth of the global attack helicopter market.
There are two broad aircraft classifications, namely fixed-rotor wing aircraft and helicopters with rotor blades. A helicopter is an aircraft with at least one horizontal propeller or rotor. The helicopter's design enables it to hover at low and high altitudes, take off and land vertically without needing a runaway. The rotor blades also maximize manoeuvrability as the helicopter can move in any direction. Helicopters serve as transport aircraft that can carry heavy loads from one location to another. Helicopters are also used in search and rescue operations, especially when the area is inaccessible, rugged and remote. In modern times, they are also used to put out large fires, given their ability to carry large amounts of water and dispense them effectively. They are used for medical emergencies, tourism, agricultural mapping and other survey-related activities. Military forces use helicopters to transport personnel and supplies to forward posts or wherever the requirement arises. An attack helicopter is a combat version of aircraft which assists the ground forces by attacking target areas on the enemy. A helicopter that is used primarily as an attack aircraft and has the potential to engage ground targets, including enemy infantry, military vehicles, and fortifications, is known as an attack helicopter. They are also called helicopter gunships, given their offensive nature backed by a powerful arsenal. Furthermore, an attack helicopter is effective in neutralizing tanks on the ground. The Apache attack helicopter is the most known worldwide and can locate and destroy air defence units, tanks, and armoured vehicles. It is also used in force protection, intelligence gathering, surveillance, target acquisition and reconnaissance, and command and control.
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March 2023 – According to Wu Ximing, the creator of the Z-10 attack helicopter, China's new helicopter is already in the development stages. The Chinese helicopter designers aim to speed up its development just before the annual Two Sessions of the congress. Wu advanced China's helicopter technology by 20 years as the principal designer of the Z-10, the nation's first specifically designed attack helicopter and one of the most potent in the world. According to the proposals seen by the Global Times, Wu, who is a member of the 14th CPPCC National Committee, prepared three proposals for the current Two Sessions, suggesting approval of a significant national project on the utility aviation industry, improving procurement of domestically developed helicopters in the national utility aviation field, and creating a talent system in aviation research and development.
The increase in defence expenditure worldwide – The world witnessed the rising instances of territorial conflicts in 2020. the Indo-China border standoff,, the Armenia -Azerbaijan, and the Hamas-Israel conflicts are a few examples. The tip of the iceberg was the Russian invasion of Ukraine. The Ukrainian army is struggling to ward off aerial attacks by the Russian military, given their ageing fleet of soviet era attack helicopters. The western countries led by the US are not forthright in offering high-precision offensive weapons to Ukraine in fear of escalating the war and engaging with Russia. These events have highlighted the need for a well-equipped, capable, modern and operational defence force with the right arms, ammunition, weapons systems and aircraft. Therefore, in line with protecting their nations' sovereignty and territorial integrity, most governments have increased their defence spending. The increase in expenditure is particularly aimed at indigenous design, development and manufacturing in the defence sector, modernization, acquisition of advanced technology, knowledge and weapons and replacing the ageing fleet of attack helicopters, frigates, ships etc. The increase in defence expenditure is anticipated to drive the global attack helicopter market's growth.
The high investment and maintenance costs – The design, development, and manufacturing of attack helicopters is a technologically advanced and capital-intensive endeavour. Only a few nations have the knowledge base, accessible technology, raw materials, capital and other production factors to design, develop and manufacture attack helicopters. Furthermore, these technologies, state-of-the-art weapons systems and superior aircraft avionics are developed after years of trial runs, tests and safety checks. The producer countries do not readily share the products or their knowledge unless the partner country is an ally. Therefore, several countries are left without these offensive aircraft to defend their territories in conflicts. The substantial government control over the purchase and sale of attack helicopters by private players headquartered in their geography also limits the market's growth. The maintenance of these aircraft, training costs, and other working capital expenditures make attack helicopters an expensive purchase, restricting their market growth.
The development of advanced attack helicopters – The rising geopolitical tensions have heightened the risks of territorial conflicts. The struggle of the Ukrainian army with their soviet era air fleet against the modern Russian air force has highlighted the importance of having a robust modern and operational new-age air fleet. The inability of the Ukrainian government to acquire much-needed offensive weapons, delays in deliveries and the lack of training has offered enough reason to other nations to invest in modernizing and training their defence forces with changing times. The investment and increased capital spending focused on developing indigenous systems with superior technologies that can cater to the needs and requirements of the nation's security. The initiatives encourage government collaboration, public-private partnerships, and international agreements with global players to improve their capabilities. The gains in artificial intelligence, robotics and 3D printing technologies augment the growing innovation. Therefore, the increasing government defence expenditure, collaborations and partnerships between players and technological advancements will drive innovation in the market, which will offer lucrative opportunities in the global attack helicopter market.
The high safety standards of regulatory authorities – The design, development and manufacture of attack helicopters demand significant capital and time. The development, tests and trials take several years. The products are tested thoroughly before being inducted officially into any armed forces branch. Failure to do so can lead to loss of life, property, sub-standard war preparedness and capital losses, besides harming the reputation and capability of the manufacturers. The high safety, security, operability, and effectiveness standards ensure that the previously mentioned events are avoided. The significant capital and long duration of development followed by approval by relevant authorities will challenge the market’s growth.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global attack helicopter market, with a 44% market revenue share in 2022. The United States of America dominates the North American market. The presence of significant market players in the region with access to advanced technology drives innovation in attack helicopter manufacturing. Given the rising demand for attack helicopters from European countries, the Russia-Ukraine conflict has augmented the regional market. Furthermore, several other Asian-Pacific countries and the global South have ordered US-made attack helicopters in the aftermath of the Russia-Ukraine conflict and the rising Chinese threat in the South China sea. The Asia Pacific region is expected to rise the fastest in the forecast period. The rising Chinese threat in the South China sea, Indo-China territorial conflicts, Taiwan and the missile tests of North Korea has increased the defence spending in the region. The development of indigenous attack helicopters by the Indian government is a case in point. The Prachand helicopter will enable the Indian defence forces to access the mountain terrain of the northern border with China, allowing them to improve their surveillance capabilities. Japan and South Korea have also increased their defence expenditure which will bode well for the market.
North America region Attack Helicopter Market Share in 2022 - 44%
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The MTOW or maximum take-off limit segment is divided into below 8 metric tonnes and above 8 metric tonnes. The above 8 metric tonnes segment dominated the market with a market share of around 55% in 2022. The above 8-metric-ton attack helicopter has greater range and turbulence stability making it ideal for operations in rough weather and testing terrains. Furthermore, they offer extended operational duration, which ensures the effective delivery of objectives. The technological advancements have enabled the development of advanced attack helicopters in the above 8 metric tonnes segment.
The product type is divided into single engine and double engine. The double-engine segment dominated the market with a market share of around 59% in 2022. The primary advantage of having a double-engine attack helicopter is the aircraft's ability to stay operational even when it loses its one engine. The double-engine attack helicopter also facilitates operational efficiency, allowing take-offs and speed. The modernization of the air fleet in the defence sector is fundamentally based on the safety and security of the aircraft and the pilot, making a double-engine attack helicopter the ideal choice. Technological advancements have enabled improved integration of aircraft avionics, ensuring seamless operations of double-engine attack helicopters. Therefore, the double-engine segment will dominate the global attack helicopter market in the forecast period.
The military platform is divided into army, air force and navy. The air force segment dominated the market with a market share of around 47% in 2022. The air force branch is a segment of the national defence forces that predominantly engage in aerial combat, which necessitates the need to have offensive airworthy weapons and aircraft like attack helicopters. They require a modern air fleet to secure the national air space from energy threats and engage in aerial combat to achieve the same. They coordinate with the army and navy during war or emergencies/calamities to assist in supply, air support, transport, reconnaissance, search and rescue operations. The air force predominantly engages in aerial combat, explaining its dominance in the segment.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 7 Billion |
| Market size value in 2032 | USD 12.53 Billion |
| CAGR (2023 to 2032) | 6% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Regional Segments | The regions examined for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. |
| Segments | The research segment is based on the maximum take-off limit, product type, and military platform. |
As per The Brainy Insights, the size of the global attack helicopter market was valued at USD 7 billion in 2022 to USD 12.53 billion by 2032.
Global attack helicopter market is growing at a CAGR of 6% during the forecast period 2023-2032.
The market's growth will be influenced by the increase in defence expenditure worldwide.
The high investment and maintenance costs could hamper the market growth.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Maximum Take-Off Limit
4.3.2. Market Attractiveness Analysis by Product Type
4.3.3. Market Attractiveness Analysis by Military Platform
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increase in defence expenditure worldwide
5.3. Restraints
5.3.1. The high investment and maintenance costs
5.4. Opportunities
5.4.1. The development of advanced attack helicopters
5.5. Challenges
5.5.1. The high safety standards of regulatory authorities
6. Global Attack Helicopter Market Analysis and Forecast, By Maximum Take-Off Limit
6.1. Segment Overview
6.2. Below 8 Metric Tonnes
6.3. Above 8 Metric Tonnes
7. Global Attack Helicopter Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2. Single Engine
7.3. Double Engine
8. Global Attack Helicopter Market Analysis and Forecast, By Military Platform
8.1. Segment Overview
8.2. Army
8.3. Air Force
8.4. Navy
9. Global Attack Helicopter Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Attack Helicopter Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Attack Helicopter Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Airbus SE
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Denel Aeronautics
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Hindustan Aeronautical Limited
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Leonardo
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Lockheed Martin Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. MD Helicopters Inc.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Russian Helicopters (Rostec)
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Textron Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. The Boeing Company
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Turkish Aerospace Industries
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
2. Global Below 8 Metric Tonnes Attack Helicopter Market, By Region, 2019-2032 (USD Billion)
3. Global Above 8 Metric Tonnes Attack Helicopter Market, By Region, 2019-2032 (USD Billion)
4. Global Attack Helicopter Market, By Product type, 2019-2032 (USD Billion)
5. Global Single Engine Attack Helicopter Market, By Region, 2019-2032 (USD Billion)
6. Global Double Engine Attack Helicopter Market, By Region, 2019-2032 (USD Billion)
7. Global Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
8. Global Army Attack Helicopter Market, By Region, 2019-2032 (USD Billion)
9. Global Air Force Attack Helicopter Market, By Region, 2019-2032 (USD Billion)
10. Global Navy Attack Helicopter Market, By Region, 2019-2032 (USD Billion)
11. Global Attack Helicopter Market, By Region, 2019-2032 (USD Billion)
12. North America Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
13. North America Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
14. North America Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
15. U.S. Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
16. U.S. Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
17. U.S. Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
18. Canada Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
19. Canada Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
20. Canada Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
21. Mexico Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
22. Mexico Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
23. Mexico Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
24. Europe Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
25. Europe Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
26. Europe Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
27. Germany Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
28. Germany Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
29. Germany Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
30. France Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
31. France Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
32. France Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
33. U.K. Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
34. U.K. Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
35. U.K. Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
36. Italy Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
37. Italy Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
38. Italy Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
39. Spain Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
40. Spain Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
41. Spain Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
42. Asia Pacific Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
43. Asia Pacific Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
44. Asia Pacific Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
45. Japan Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
46. Japan Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
47. Japan Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
48. China Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
49. China Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
50. China Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
51. India Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
52. India Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
53. India Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
54. South America Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
55. South America Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
56. South America Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
57. Brazil Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
58. Brazil Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
59. Brazil Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
60. Middle East and Africa Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
61. Middle East and Africa Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
62. Middle East and Africa Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
63. UAE Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
64. UAE Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
65. UAE Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
66. South Africa Attack Helicopter Market, By Maximum Take-Off Limit, 2019-2032 (USD Billion)
67. South Africa Attack Helicopter Market, By Product Type, 2019-2032 (USD Billion)
68. South Africa Attack Helicopter Market, By Military Platform, 2019-2032 (USD Billion)
List of Figures
1. Global Attack Helicopter Market Segmentation
2. Attack Helicopter Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Attack Helicopter Market Attractiveness Analysis by Maximum Take-Off Limit
9. Global Attack Helicopter Market Attractiveness Analysis by Product Type
10. Global Attack Helicopter Market Attractiveness Analysis by Military Platform
11. Global Attack Helicopter Market Attractiveness Analysis by Region
12. Global Attack Helicopter Market: Dynamics
13. Global Attack Helicopter Market Share by Maximum Take-Off Limit (2022 & 2032)
14. Global Attack Helicopter Market Share by Product Type (2022 & 2032)
15. Global Attack Helicopter Market Share by Military Platform (2022 & 2032)
16. Global Attack Helicopter Market Share by Regions (2022 & 2032)
17. Global Attack Helicopter Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global attack helicopter market based on below mentioned segments:
Global Attack Helicopter Market by Maximum Take-Off Limit:
Global Attack Helicopter Market by Product Type:
Global Attack Helicopter Market by Military Platform:
Global Attack Helicopter Market by Region:
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