Rotorcraft
Helo Market Forecasted To Grow 30 Percent
A MarketsandMarkets study predicts 6 percent annual growth for the helicopter market over the next five years.
U.S. Army helicopter
The world helicopter market is expected to grow with the military helicopter market predicted to grow at the fastest rate. (Photo: Kashea Kloss/AIN)

The world helicopter market is expected to grow from $30.6 billion in 2022 to $41.2 billion by 2027, a compounded annual growth rate of 6.1 percent during the forecast period, according to a new study from the Illinois-based consultancy MarketsandMarkets. The increase will largely be driven by higher demand for light helicopters and to a lesser extent by the aftermarket and commercialization of urban air mobility and eVTOL aircraft. 

The military helicopter market is predicted to grow at the fastest rate, according to the study, driven by demand for increased procurement of transport, attack, and reconnaissance helicopters worldwide. Geographically, North America will continue to drive the highest share of that demand, according to the study. 

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