World News: 09:58 GMT Wednesday 11th September 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Sept. 11, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.
The cumulative market for global expenditure on military helicopters is valued at US$ 223.12 billion over the forecast period.
"Global Military Helicopter Market Forecast to 2027" offers a detailed analysis of the global military helicopter market over the next eight years, and provides market size forecasts. Furthermore, it covers key technological and market trends in the industry and analyzes factors influencing demand for military helicopters.
The demand is coming from Non-US countries including Asia, Middle East, Central and Eastern Europe and Africa. More than 66% of business through 2027 will be generated from these regions. Asia Pacific is leading the current market for new orders (35.7%) with India alone accounting for over 40% of the military helicopter orders from the region. Europe with Russia is leading the orders in Central and Eastern Europe.
The reasons for this significant increase in exports and international sale of military helicopters includes changing battlefield conditions, changing battle techniques and strategies, changes in purchase policies and procedures are favorable for military helicopters.
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Globe Newswire: 09:58 GMT Wednesday 11th September 2019
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