Projected To Grow By 2.8 Percent To $5.7 billion

The helicopter market worldwide is projected to grow by $5.7 billion, driven by a compounded growth of 2.8 percent, according to a new report from Markets and Research.

Military, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.7 percent. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over $19.1 billion by the year 2025, military will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 2.2 percent growth momentum.

Within Europe, which continues to remain an important element in the world economy, Germany will add over $220.1 million to the region's size and clout in the next 5 to 6 years. Over $1.1 billion worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Military will reach a market size of $1.1 billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.2percent over the next couple of years and add approximately $1.5 billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include the following, among others:

• AIRBUS SAS (France)
• Bell Helicopter Textron Inc. (USA)
• Boeing Company, The (USA)
• Leonardo S.p.A. (Italy)
• Lockheed Martin Corporation (USA)

(Source: Markets and Research news release. Image from file)

FMI: www.researchandmarkets.com/r/3d45sr