Europe Attack Helicopter Market Size (2024 - 2029)

Europe Attack Helicopter Market Analysis

The Europe Attack Helicopter Market size is estimated at USD 1.94 billion in 2024, and is expected to reach USD 2.40 billion by 2029, growing at a CAGR of 4.40% during the forecast period (2024-2029).

• The growth in military spending by European nations in the wake of the escalation in terrorism and sea-based intrusions is generating demand for advanced air capabilities, driving the growth of the attack helicopter market in the region.
• The deployment of national forces in combat-affected geographies such as the Middle East propels the growth of the European attack helicopter market. Many countries are focusing on procuring attack helicopters and upgrading their existing fleet with the help of countries such as the United States and Russia.
• Technological advancements such as electronic warfare technology, stealth technology, and advanced air-to-surface attack weapons are rapidly driving the demand for attack helicopters in the region.

Europe 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 European attack helicopter market is segmented based on platform and geography. By platform, the market is divided into the army, navy, and air force. The report also offers the market size and forecasts for five countries across the region. For each segment, the market size and forecasts have been done based on value (USD).