What is Military Rotorcraft?
A Military Rotorcraft has rotary-wing aircraft which is operated by a legal armed service of any type. Military Rotorcraft consists of two types which are combat or non-combat. Combat aircraft are designed to destroy enemy equipment using company ordnance. NON-combat aircraft are not designed for combat as their primary function but may carry weapons for self-defense.Geographically.North America manufacturing several Military defense tanks and equipment. However this has more manufacturing hubs and the government in this country spends more money in order to become their border security strong hence advancement in aircraft technologies, the necessity for the replacement of aging rotorcraft is driving the growth of the market over the forecast period.
The market study is broken down, by Application (Attack Helicopter, Transport Helicopter, Multi-mission helicopter and Other) and major geographies with country level break-up.
The market is expected to grow market in the fixed-wing aircraft sector. The increase in the development of advanced military aircraft and the market of fixed-wing aircraft may attract a lot of countries to procure the aircraft to increase their aerial capabilities is driving the demand for the market. Several companies are operating in the market to provide unique offers with various features & unique technology and operation cost. The market is a highly fragmented market with the presence of few market players. Which is triggering the market growth over the forecast period Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Airbus Helicopters (France), Bell ( Canada), The Boeing Company ( United States), Leonardo Helicopters ( Italy), Sikorsky Aircraft Corporation ( United States), Russian Helicopters (Russia), Hindustan Aeronautics Limited ( India), Mahindra Aerospace (India), Tata Advanced Systems (India), Fuji Heavy Industries (Japan), GEN Corporation (Japan), Kawasaki Aerospace Company (Japan) and Other are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Military Rotorcraft market by Type, Application and Region.
On the basis of geography, the market of Military Rotorcraft has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Number of Engine, the sub-segment i.e. Single engine will boost the Military Rotorcraft market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Type, the sub-segment i.e. Light Military Helicopter will boost the Military Rotorcraft market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Main Rotor Systems will boost the Military Rotorcraft market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 9th June 2021, Airbus Helicopters acquire ZF Luftfahrttechnik in order to boost MRO capabilities. However, the transaction aims to improve the fleet of the programs covered by the product portfolio of ZF Luftfahrttechnik. The company serves with MRO service partner with the majority of the German Bundeswehr helicopter fleet and had supplied more than 10,000 gearboxes worldwide
On 14 February 2021, Airbus will showcase a wide range of cutting-edge technologies, capabilities, and solutions from Airbus Defence and Space and Airbus Helicopters at the International Defence Exhibition and Conference
- Engine MRO segment to Dominate the Market
- More adoption of artificial intelligence in the defense market is triggering the market over the forecast period.
- It provides close air support to the land-based army
- Advanced data analytics are used by MROs for inventory optimization
- Increasing in the adoption of Advanced Airborne in Commercial & Military
- Players face issues with the supply chain, mainly due to the temporary shutdown of the aftermarket of the manufacturing industry due to covid
- Highly skilled manpower is required to operate and maintenance
- Implementation cost is higher
- Less Training may lead to more accidents and more maintenance cost
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Airbus Helicopters (France), Bell ( Canada), The Boeing Company ( United States), Leonardo Helicopters ( Italy), Sikorsky Aircraft Corporation ( United States), Russian Helicopters (Russia), Hindustan Aeronautics Limited ( India), Mahindra Aerospace (India), Tata Advanced Systems (India), Fuji Heavy Industries (Japan), GEN Corporation (Japan), Kawasaki Aerospace Company (Japan) and Other etc.
2. Can we have customized study for Military Rotorcraft Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Military Rotorcraft Market by 2026?
Analysts at AMA estimates Military Rotorcraft Market to reach USD Million by 2026.