The Global Military Rotorcraft Market 2017-2027 april 2017 | Page 2

The Global Military Rotorcraft Market 2017-2027 Global military rotorcraft market is expected to value US$17.9 Billion in 2017, and grow at a CAGR of 4.14%, to value US$26.9 Billion by 2027. The cumulative global expenditure on military rotorcraft over the forecast period (2017-2027) is estimated at US$235.1 Billion. The demand for rotorcraft is expected to be driven by the need to replace aging fleets and enhance capabilities pertaining to disaster relief operations. Rapidly changing global security scenario and the growing importance of unconventional missions and urban warfare have resulted in change of roles for helicopters in the modern warfare strategies. Unlike their traditional roles, rotorcrafts are being used as part of the comprehensive mission parameters, which calls for integration of advanced and multiple capabilities in rotorcrafts. Furthermore, Military rotorcraft is being increasingly utilized in various types of operation such as patrolling, combat and peacekeeping. For example, in Afghanistan, Iraq, Libya, and Sudan military rotorcrafts were actively used for peacekeeping operations. They also play vital role in troop transportation, search and rescue, and reconnaissance roles. Sample of Report Available @ http://www.reportsnreports.com/contacts/requestsample.aspx?name=964755 Order this report by calling [phone] or Send an email to [email protected] with your contact details and questions if any. © ReportsnReports.com / Contact [email protected] 2