Shopping Cart  |  Intelligence Center

Press Release

Contact: Raymond Jaworowski, Senior Aerospace Analyst
Phone: (203) 426-0800
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA


Forecast International Projects $22.2 Billion Light Military Rotorcraft Market Over 15 Years

NEWTOWN, Conn. [October 24, 2017] – Utilizing data from its innovative Platinum Forecast System® 3.1, Forecast International projects that a total of 1,610 light military rotorcraft will be produced during the 15-year period from 2017 through 2031. The value of this production is estimated at $22.2 billion, as calculated in constant 2017 U.S. dollars. The market research firm generally defines a military rotorcraft as light when it has a maximum gross weight of less than 6,804 kilograms (15,000 lb).

Production of light military rotorcraft has been on the upswing since 2014, rising from the 160 units produced that year to 208 in 2016. The improvement cycle has continued into 2017: Forecast International expects 217 light military rotorcraft to be built this year. However, a decline in annual build rates is expected to set in as soon as 2018. The trend in annual unit production is projected to continue downward through 2023, when production of 73 rotorcraft is forecast. Afterward, though, some minor growth and longer-term stability is expected, with production rising to 87 units in 2024 and then remaining within a range of 75 to 87 units per year through at least 2030.

After a period of decline, defense spending is starting to trend upward in the U.S. and various other countries, sparked by concerns over global and regional instability. At least in the short term, the effects of this rising defense spending on the light military rotorcraft market will be mixed. According to Forecast International senior aerospace analyst Raymond Jaworowski, "In the U.S., much of the near-term increase in defense spending will go mainly to readiness and RDT&E accounts, rather than to procurement." He added, "The effects of increased defense spending on rotorcraft acquisition will be more apparent outside the U.S., where some countries could accelerate certain fleet modernization plans."

Jaworowski said, "While North America and Europe are currently the two largest regional markets for light military rotorcraft, Asia will grow in importance as a regional market over the next 15 years. Manufacturers will also be able to find sales opportunities in Latin America, Africa, and the Middle East."

Jaworowski points out that, while military customers tend to favor medium/heavy rotorcraft, "the incorporation of advanced systems and technologies has boosted the capabilities of many of the newer light rotorcraft models on the market, narrowing somewhat the capabilities gap between these machines and their medium/heavy counterparts." He adds, "Mission flexibility and multirole capability are key selling points for military customers. Manufacturers promote the versatility of each of the products in their portfolios – from attack models to transport/utility types."

Forecast International projects that Airbus Helicopters will lead the light military rotorcraft market in unit production, producing 420 units for a 26.1 percent market share from 2017-2031. China's Avicopter is expected to take second place with production of 301 units for an 18.7 percent share. India's Hindustan Aeronautics Ltd (HAL) is third on production of 257 units, representing a 16 percent share. Bell Helicopter is projected to be fourth, with production of 225 units for a 14 percent share.

About Forecast International
Forecast International, Inc. is a leading provider of Market Intelligence and Consulting in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, the company specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. Forecast International also maintains a high posture of situational awareness and geopolitical analysis.


Contact Information
Ray Peterson
Vice President, Research & Editorial Services
Forecast International
22 Commerce Rd. Newtown, CT 06470 USA
(203) 426-0800

Demand for Cybersecurity Means Explosive Growth in World C4I Market
Apr 29, 2019
FI Projects a 10-Year U.S. Defense Electronics Market
Apr 02, 2019
Forecast International and Japan's EvaAviation Forge Ties as Partners, Resellers
Dec 11, 2018
European Manufacturers Set to Break into Microturbine Market
Dec 05, 2018
GE Dominates Market in New Forecast International Power Generation Forecast
Dec 04, 2018
Forecast International: Realignment and Restructuring Characterize Regional Aircraft Market
Oct 29, 2018
Forecast International: New-Start Programs Highlight Long-Term Outlook in Light Military Rotorcraft Market
Sep 26, 2018
Boeing Selects Forecast International's Platinum Forecast System for Market Research Needs
Aug 27, 2018
Remote Sensing Satellite Market Takes Off, Driven by SmallSat Deliveries
Jul 17, 2018
Forecast International Projects that More Than 29,000 Large Jetliners Will be Built over 15 Years
Jul 16, 2018
Forecast International: Fighter Aircraft Market Worth $249B Over Next 10 Years
May 23, 2018

Forecast International © 2019 22 Commerce Rd Newtown, CT 06470 USA Phone: 203.426.0800 Toll-Free: 800.451.4975 (USA & Canada) Fax: 203.426.0223