Press Release

Global Attack Helicopter Market to Grow with a CAGR of 7.11% through 2029

Increasing defense budgets, geopolitical tensions, and advancements in technology are the factors driving the market in the forecast period 2025-2029.

 

According to TechSci Research report, “Attack Helicopter Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2029F”, The Global Attack Helicopter Market size reached USD 52.13 billion in 2023 and is expected to reach USD 78.60 Billion by 2029, growing with a CAGR of 7.11% during the forecast period. The attack helicopter market has witnessed consistent growth, largely driven by defense upgrades and the increasing need for highly capable, versatile aerial platforms. These helicopters play a critical role in military operations, offering precise strike capabilities, reconnaissance, and close air support. Their ability to target both stationary and moving ground threats, coupled with advanced weaponry and electronic systems, makes them essential assets for armed forces. The ongoing push for greater military readiness and technological superiority has prompted countries to invest in the latest models, which come equipped with enhanced avionics, improved maneuvering capabilities, and integrated weapon systems.

Technological innovations serve as a key growth catalyst in the attack helicopter sector. Manufacturers are focusing on developing helicopters that deliver better performance, utilizing cutting-edge technologies like more powerful engines, advanced radar systems, and enhanced flight control systems. The demand for multi-purpose helicopters, capable of handling various combat roles such as anti-tank and surveillance missions, is further driving product development. Moreover, the integration of advanced communication and data-sharing networks is enabling improved coordination between air and ground forces, making these helicopters more effective and adaptable to dynamic combat situations.


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The attack helicopter market is segmented based on the type of engine used, with two primary categories: single-engine and twin-engine helicopters. Single-engine attack helicopters are typically favored for their simplicity, lighter weight, and cost-effectiveness. These helicopters are generally more affordable to purchase and maintain, making them suitable for operations in less demanding environments or where budget constraints are a concern. Single-engine models also tend to have a lower operational cost, which can be a key advantage for smaller defense forces or nations with limited military budgets. However, while they offer sufficient performance for many roles, their capabilities may be more limited when it comes to heavy combat situations or environments requiring high endurance and power.

Twin-engine attack helicopters, on the other hand, offer greater power, redundancy, and reliability. These helicopters are often seen as more versatile, as they can carry heavier payloads, travel longer distances, and maintain higher speeds. The presence of two engines provides added safety, ensuring that the helicopter can still operate even if one engine fails, which is critical in combat situations. Twin-engine helicopters are often equipped with advanced avionics and weaponry, allowing them to perform a wider range of missions, from anti-tank operations to close air support and battlefield surveillance. They are typically deployed by larger military forces or in more complex and high-risk combat scenarios where the operational requirements demand greater capability and resilience.

In 2023, the Asia-Pacific region emerged as the fastest-growing market for attack helicopters, driven by significant defense modernization efforts and increasing military expenditures across several countries. This growth is largely attributed to the rising security concerns and geopolitical tensions within the region, prompting nations to bolster their defense capabilities. Countries in Asia-Pacific are increasingly focusing on enhancing their air combat capabilities, particularly to counter regional threats and improve their military readiness. As a result, investments in advanced military technologies, including attack helicopters, have been accelerating.

The demand for attack helicopters in this region is also fueled by the modernization of existing fleets and the integration of more advanced platforms. Several nations are upgrading their air forces with more capable and versatile helicopters that can perform multiple roles, such as anti-tank warfare, close air support, and surveillance. The strategic importance of air superiority in conflicts, combined with the growing need for rapid response and precision strikes, has made attack helicopters an essential component of military arsenals. Countries in this region are increasingly investing in both manned and unmanned aerial systems, with attack helicopters serving as key assets in their air defense strategies. In addition to military growth, the increasing focus on regional power projection and military cooperation between nations in the Asia-Pacific has led to a higher demand for advanced attack helicopters. 


Major companies operating in Global Attack Helicopter Market are:

  • Hindustan Aeronautics Limited
  • Changhe aircraft industries corporation
  • TUSAŞ - Türk Havacılık ve Uzay Sanayii Anonim Şirketi
  • Denel Aeronautics
  • Korea Aerospace Industries, Ltd.
  • Leonardo S.p.A.
  • Airbus SE
  • Lockheed Martin Corporation
  • The Boeing Company
  • Northrop Grumman Systems Corporation


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“The defense and aerospace industry emphasize that the Global Attack Helicopter Market is undergoing a transformative phase. They note the increasing importance of multi-role capabilities, advanced technology integration, and the ever-evolving threat landscape. Experts also highlight the market's global nature, with regional dynamics influencing procurement decisions and driving technological innovation. Additionally, the integration of unmanned systems and the pursuit of export opportunities continue to shape the market's growth and competitiveness,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Attack Helicopter Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Maximum Takeoff Weight (Below 8 Metric Tons, Above 8 Metric Tons), By Type (Single-engine, Twin-engine), By Platform (Army, Navy, Air Force), By Region and Competition, 2019-2029F, has evaluated the future growth potential of Global Attack Helicopter Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Attack Helicopter Market.

 

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Attack Helicopter Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Maximum Takeoff Weight (Below 8 Metric Tons, Above 8 Metric Tons), By Type (Single-engine, Twin-engine), By Platform (Army, Navy, Air Force), By Region & Competition, 2019-2029F

Aerospace and Defense | Nov, 2024

The heightened security threats and geopolitical tensions, modernization efforts to replace aging fleets, advancements in technology are factors driving the Global Attack Helicopter market in the forecast period 2025-2029.

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