Military Rotorcraft Market Size and Trend Analysis including Segments

The global military rotorcraft market size was $18.1 billion in 2022. The market is projected to grow at a CAGR of more than 2% during the forecast period. The Asia-Pacific region, supported by China, India, South Korea, and Australia with their multi-year procurement programs, is expected to maintain its leading position globally, exhibiting a steady pace of growth over the forecast period. Modernization drives initiated by leading countries in the region to replace aging fleets and develop domestic rotorcraft R&D and manufacturing capabilities are anticipated to drive regional growth over the next decade.