HYDERABAD, TELANGANA, INDIA, December 31, 2021 /EINPresswire.com/ — Military Rotorcraft Market Forecasts to 2028 – Global Analysis By Type (Transport Helicopters, Multi-Mission Helicopters), Product (Light Military Rotorcraft, Medium Military), Application (Fighting, Detection) and By Geography
The Global Military Rotorcraft Market is accounted for $14,942.40 million in 2020 and is expected to reach $23,458.78 million by 2028 growing at a CAGR of 5.8% during the forecast period. Advancement in technology, the necessity for the replacement of aging helicopters, an increase in disasters, and rising territorial disputes are the major factors propelling the market growth. However, the lack of maintenance, repair, and overhaul services is hampering the market growth.
Some of the key players profiled in the Military Rotorcraft Market include Airbus, Boeing, Changhe Aircraft Industries, Embraer, Enstrom Helicopter Corporation, Hindustan Aeronautics Limited (HAL), Korea Aerospace Industries (KAI), Leonardo, Lockheed Martin, MD Helicopters, Rostec Corp, Russian Helicopters, Sikorsky Aircraft Corporation, Textron Bell, Turkish Aerospace Industries, Changhe Aircraft Industries Corporation, and Helibras.
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