Global Attack Helicopter Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Attack Helicopter is referred to as a chopper. It is a type of rotorcraft in which lift and thrust are supplied with the help of rotors. It allows the helicopter to take off and land vertically to fly forward, backwards, laterally and to hover. It allows the helicopter to be used across isolated or congested areas where other aircraft failed to perform. The Attack Helicopter market is expanding because of factors such as the rising expenditure on the defense budget and growing emphasis on fleet modernization and diversification is rising the market growth,

According to Stockholm International Peace Research Institute in 2022, the world’s military expenditure has passed around USD 2 trillion. Also, global military expenditure is rising by 0.7 % in real terms and reached around USD 2113 billion in 2021. The major countries such as the United States, United Kingdom, India, China, and Russia account for 62 % of the expenditure. Whereas rising political and geographical tensions between countries and growing government focus on border security create lucrative opportunities for the market. However, high maintenance cost Value hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Attack Helicopter Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the rising geographical tensions among the countries across the region. Also, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing spending towards border protection, growing defense budget and government focus towards security.

Major market players included in this report are:
Denel Aeronautics
Russian Helicopters (Rostec)
The Boeing Company
Airbus SE
Lockheed Martin Corporation
Textron Inc.
MD Helicopters LLC.
Hindustan Aeronautics Limited
Leonardo SpA
Turkish Aerospace Industries

Recent Developments in the Market:
? In May 2021, Turkish Aerospace has announced that the Philippines has ordered six T129B Atak attack helicopters. Deliveries were scheduled to begin in the third quarter of 2021. The acquisition budget is approximately USD 286 million (PHP 13.8 billion). Turkish Aerospace has announced that the Philippines has ordered six T129B Atak attack helicopters. Deliveries were scheduled to begin in the third quarter of 2021. The acquisition budget is approximately USD 286 million (PHP 13.8 billion).
? In June 2021, The US State Department has approved a possible foreign military sale of AH-64E Apache helicopters and related equipment to the Australian government. The sale is expected to cost USD 3.5 billion.
Global Attack Helicopter Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered MTOW, Platform, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By MTOW:
Below 8 metric tons (16,000 lbs)
Above 8 metric tons (16,000 lbs)


By Platform:
Army
Navy
Air Force


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World