May 28, 2018   SOURCE: BusinessWire

Global Military Rotorcraft Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

The "Global Military Rotorcraft Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The military rotorcraft market is anticipated to register a CAGR of 5.3% over the forecast period 2018-2023.

Future vertical lift (FVL) is an initiative taken by the US Armed Forces to develop the family of military aircrafts in the country. The US Army started this in 2004, and five different types of aircrafts are being developed that have common engines, sensors, avionics and countermeasures. The FVL plans are to develop replacements for UH-60 Black Hawk, AH-64 Apache, CH-47 Chinook and OH-58 Kiowa helicopters which will lead to the growth of the market. The precursor for this plan is the Joint Multi-Role (JMR) which would provide technological demonstrations for 2017.

Boeing CH-47 Chinook is an American heavy-lift rotorcraft that has a twin-engine. The primary objective of this rotorcraft is for troop movement, artillery placement and battlefield resupply. The FVL plan will introduce the next generation of CH-47 Chinook and launch the FVL-Light or FVL-Medium by 2018. After decades of service, US army rotorcrafts are wearing out, and there has been a necessity for upgrading the fleet with the latest advancements. According to the US Armed Services Committee, the JMR is planned in three different configurations, i.e., JMR-Light, JMR-Medium and JMR-Heavy.

Companies Mentioned

  • Augusta Westland NV
  • Bell Helicopter Textron Inc.
  • Sikorsky Aircraft
  • Eurocopter SAS
  • Boeing
  • Korea Aerospace Industries
  • Hindustan Aeronautics Limited

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview and Trends

4. Market Dynamics

5. Global Military Rotorcraft Market, Segmented by Type

6. Global Military Rotorcraft Market, Segmented by Geography

7. Competitive Landscape

8. Company Profiles

9. Future Outlook of the Market

10. Disclaimer

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