Strategic Defence Intelligence Market Research Reports

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The Global Military Rotorcraft Market 2016-2026

Posted on 30 September 2016 | 12:00 am by

Global Military Rotorcraft market is expected to value US$21.7 Billion in 2016, and will grow at a CAGR of 2.59%, to value US$28.1 Billion by 2026. The cumulative market for global expenditure on military rotorcraft will reach US$254.2 Billion over the forecast period. The demand for rotorcraft is expected to be driven by the need to replace aging fleets and enhance capabilities pertaining to disaster relief operations.One of the main reasons for such slow growth is the large number of upgrade and MRO programs being undertaken by major countries such as the US, and the UK and other countries in Europe. Furthermore, South Africa, one of the major defense spenders of the African region, is focusing more on MRO activities instead of new procurements. As a result, the global market is expected to increase at a marginal growth r



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