Defence, Marine & Aerospace Military Rotorcraft Market Growth Insights | Page 2

at a projected cost of USD 2.6 Billion was approved by U.S. State Department in April, 2019. These factors are the driving force behind the leading growth of the market in North America region. Get a Free Sample Copy of Report @ https://www.researchnester.com/sample-request-1654 Rising Technological Advancements and Investments in Defense Sector The companies operating in the market are continuously working on innovations in the product in order to ensure the production and delivery of maintainable, reliable and mission ready rotorcrafts. For instance, Boeing supports the vital missions of the defense forces in the world. Additionally, the procurement of the aerial vehicles has increased in the recent years on account of their effectiveness and higher range of operation. Such factors are significantly driving the growth of the market. However, lack of maintenance and decline in the services pertaining to repair and maintenance is expected to restraint the growth of the global military rotorcraft market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global military rotorcraft market which includes company profiling of Lockheed Martin Corporation, Boeing Company, Textron Inc., Airbus SE, Leonardo SpA, Korea Aerospace Industries Ltd., Changhe Aircraft Industries Corporation, Hindustan Aeronautics Limited (HAL), MD Helicopters Inc., and Turkish Aerospace Industries Inc.The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On