America Attack Helicopter Market Size (2024 - 2029)

The America Attack Helicopter Market is projected to experience growth over the forecast period, driven by significant investments in defense expenditure aimed at acquiring advanced helicopters for air superiority and ground troop support. The increasing deployment of attack helicopters by the US and NATO partners to address terrorism and humanitarian crises is a key factor contributing to the market's expansion. The challenges posed by difficult terrains for armored vehicles further enhance the demand for attack helicopters, which offer superior agility and firepower. Additionally, technological advancements, including stealth technology, autonomous capabilities, and advanced electronic warfare upgrades, are expected to support the market's growth trajectory.

Market Size of America Attack Helicopter Industry

America Attack Helicopter Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 3.34 Billion
Market Size (2029) USD 4.08 Billion
CAGR (2024 - 2029) 4.09 %
Market Concentration High

Major Players

America Attack Helicopter Market Major Players

*Disclaimer: Major Players sorted in no particular order

America Attack Helicopter Market Analysis

The America Attack Helicopter Market size is estimated at USD 3.34 billion in 2024, and is expected to reach USD 4.08 billion by 2029, growing at a CAGR of 4.09% during the forecast period (2024-2029).

  • To gain air superiority and include ground troop support capabilities, the nations in the region are investing significant monetary resources in defense expenditure to procure advanced helicopters. The deployment of attack helicopters by the US and its NATO partner nations, such as Canada, to curb terrorism and humanitarian crises is propelling the growth of attack helicopters in the region. In challenging terrains, it becomes difficult for armored vehicles to provide adequate support to ground combat units. Attack helicopters provide high agility and firepower, becoming a defining lifesaving factor in combat-affected regions.
  • Technological advancements such as stealth technology that produces low heat and sound signatures, autonomous capabilities, advanced electronic warfare upgrades, advanced optics, etc., will support the growth of the attack helicopter market.

America Attack Helicopter Industry Segmentation

An attack helicopter is a specialized piece of military equipment employed by the army, navy, and air force for various operations on the battlefield. This type of helicopter has diverse weapons, including automatic cannons, machine guns, anti-tank-guided missiles, rockets, anti-ship missiles, and air-to-air missiles. Its primary uses encompass countering armored vehicles, providing close-air support to ground forces, conducting armed reconnaissance, facilitating light troop transport, and executing deep penetration missions.

The America attack helicopter market is segmented by end-user and geography. By end-user, the market is segmented into army, navy, and airforce. The report also offers the market size and forecasts for five countries across the region. For each segment, the market sizing and forecasts have been done based on value (USD).

End User
Army
Navy
Airforce
Geography
United States
Canada
Brazil
Mexico
Argentina
Rest of Americas
Need A Different Region Or Segment?
Customize Now

America Attack Helicopter Market Size Summary

The American attack helicopter market is poised for growth, driven by significant investments in defense expenditure aimed at procuring advanced helicopters to achieve air superiority and support ground troops. The deployment of attack helicopters by the US and NATO partners, including Canada, is crucial in addressing terrorism and humanitarian crises. These helicopters offer high agility and firepower, essential for providing support in challenging terrains where armored vehicles may fall short. Technological advancements, such as stealth technology, autonomous capabilities, and advanced electronic warfare upgrades, are expected to further propel market growth. The importance of close air support in modern warfare continues to drive demand for attack helicopters, as they can maneuver at low elevations and deliver precise gunfire, enhancing their role in combat scenarios.

The market is characterized by a consolidation of key players, including Boeing, Lockheed Martin, Airbus SE, and Textron Inc., with the US holding a significant market share due to increased domestic and global demand. The aging fleet of existing helicopters, such as the Apache AH-64, underscores the need for modernization and replacement, as seen in recent initiatives by the US and Canadian Air Forces. The competitive landscape is further shaped by technological advancements and strategic collaborations, such as Boeing's manufacturing partnerships in India and foreign manufacturers targeting the Latin American market. The market's revenue is largely dependent on defense agency orders and after-sale support, with ongoing innovations and upgrades, like the AH-64E Apache Guardian and RAIDER X Prototype, highlighting the industry's focus on enhancing air dominance capabilities.

Explore More

America Attack Helicopter Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 End User

      1. 2.1.1 Army

      2. 2.1.2 Navy

      3. 2.1.3 Airforce

    2. 2.2 Geography

      1. 2.2.1 United States

      2. 2.2.2 Canada

      3. 2.2.3 Brazil

      4. 2.2.4 Mexico

      5. 2.2.5 Argentina

      6. 2.2.6 Rest of Americas

America Attack Helicopter Market Size FAQs

The America Attack Helicopter Market size is expected to reach USD 3.34 billion in 2024 and grow at a CAGR of 4.09% to reach USD 4.08 billion by 2029.

In 2024, the America Attack Helicopter Market size is expected to reach USD 3.34 billion.

America Attack Helicopter Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)