The Global Military Rotorcraft Market 2017-2027 april 2017 | Page 3
The Global Military Rotorcraft Market 2017-2027
Companies mentioned in this report: The Boeing Company, Bell Helcopters, Sikorsky, Leonardo-
Finmeccanica, Changhe Aircraft Industries, Hindustan Aeronautics Limited (HAL), Airbus Defence and
Space, Embraer, Lockheed Martin Corporation, Korean Aerospace Industries, Russian Helicopters, MD
Helicopters, Turkish Aerospace Industries, Enstrom Helicopters, Rolls-Royce, Helibras.
Asia Pacific region is expected to account for the highest spending on rotorcraft globally, accounting
for 37.2% of the market, followed by North America, which will account for 30.5%. China’s growing
assertiveness in territorial disputes with its neighbors, an ongoing arms race among Asian countries,
and strong economic growth are the primary drivers of the region’s rotorcraft market, which is
forecast to grow at a CAGR of 3.91%, to reach US$9.7 Billion by 2027.
Europe, which is the third largest market, is emerging from an economic crisis and is thus expected to
witness only marginal growth over the forecast period; the region is expected to account for 17.1%
of the total market. The Middle East region is expected to be one of the fastest growing markets for
rotorcraft over the forecast period, with a CAGR of 5.37%, due to the huge demand from various
countries buoyed by strong economic growth and robust modernization plans.
Check for Discount @ http://www.reportsnreports.com/contacts/discount.aspx?name=964755
Order this report by calling +1 888 391 5441 or Send an email to
[email protected] with your contact details and questions if any.
© ReportsnReports.com / Contac