According to Fortune Business Insights™, the global military helicopter market was valued at USD 31.73 billion in 2024. The market is projected to grow from USD 35.45 billion in 2025 to USD 42.25 billion by 2032, exhibiting a CAGR of 2.5% over the forecast period. Rising cross-border tensions, evolving combat strategies, and growing investments in defense modernization programs globally are driving the demand for advanced military helicopters.
Military helicopters are essential assets for both combat and non-combat operations including troop transportation, border patrol, medical evacuation, disaster relief, and surveillance. The increasing need for agile, multipurpose rotorcraft has encouraged defense agencies to invest in technologically advanced platforms with greater payload capacity, better survivability, and superior range.
Information Source:
https://www.fortunebusinessinsights.com/military-helicopters-market-111854
By number of engines, the twin engine segment dominated the military helicopter market in 2024 due to its enhanced safety features, higher load capacity, and adaptability for both tactical and rescue missions. Based on maximum take-off weight (MTOW), helicopters in the 3,000 Kg to 9,000 Kg range captured the largest market share, primarily because of their widespread use in multi-role combat operations. In terms of point of sale, the new helicopter segment held a major portion of the market in 2024, driven by a surge in defense procurement contracts and a growing emphasis on fleet modernization across various countries.