Business

October 9, 2013

Forecast International predicts declining light military rotorcraft market

In a newly issued study, “The Market for Light Military Rotorcraft,” Forecast International predicts that 1,411 of these rotorcraft will be produced in the 10-year period between 2013 and 2022.

The Connecticut-based market research firm estimates the value of this production at $23.6 billion in constant 2013 U.S. dollars.  The study defines a military rotorcraft as light when it has a maximum gross weight of less than 6,804 kilograms (15,000 pounfd).

The light military rotorcraft market has slowed after experiencing substantial growth in much of the previous decade.  Annual production of light military rotorcraft more than doubled between 2006 and 2010, as yearly output rose from 94 units in 2006 to 209 in 2010.  By 2012, though, production totaled only 180 units, and Forecast International predicts that further decline is in store over the next 10 years.

According to Forecast International senior aerospace analyst Raymond Jaworowski, “The trend in annual production in the light military rotorcraft market over the next 10 years will be somewhat uneven, but the overall trajectory will be downward.”  The company’s projections indicate that annual production will total 171 units in 2013, but decline to 109 units by 2022.

Said Jaworowski, “A shrinking market usually results in a fiercely competitive market, and the light military rotorcraft sector will be no exception.  Manufacturers will aggressively compete for every upcoming procurement.”

The light military rotorcraft market is being impacted by the fact that defense budgets in many nations are being reduced as governments, in the midst of severe financial straits, look to cut total spending.  In addition, a number of acquisition programs for light military rotorcraft will come to an end in the next few years.  Very few new programs have emerged that would help keep overall production in the market on an upward, or even stable, course during the forecast timeframe.  The situation is especially acute in the U.S. and in much of Europe.  However, the study does see some regional bright spots in the market for manufacturers, such as Latin America, the Middle East, and South Asia.

The new study includes projections of manufacturer market shares for the 2013-2022 period.  The study indicates that Eurocopter and Bell will be the leading manufacturers of light military rotorcraft during the 10-year timeframe, with Eurocopter leading in unit production and Bell leading in monetary value of production.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines December 19, 2014

News: SpaceX’s attempt to land rocket on floating barge postponed - It’s set to be one of the most groundbreaking moments in humanity’s six decades of space exploration. Obama signs $1.1 trillion spending bill into law - President Obama signed the $1.1 trillion federal spending measure into law Dec. 16, officially ending any threat of a government...
 
 

News Briefs December 19, 2014

Trial set for ex-Navy engineer in military secrets case A former Navy civilian engineer is scheduled to stand trial next summer on charges of trying to steal aircraft carrier schematics. Media outlets report that 35-year-old Mostafa Awwad of Yorktown, Va., pleaded not guilty Dec. 17 to two counts of attempted exportation of defense articles and...
 
 
Army photograph by C. Todd Lopez

Army to launch cruise missile-detecting aerostat at Aberdeen Proving Ground

Army photograph by C. Todd Lopez The Army plans to launch an aerostat, part of the “Joint Land Attack Cruise Missile Defense Elevated Netted Sensor,” in late December 2014. The JLENS aerostat will be tethered to the...
 

 
Air Force photograph by SrA. Jordan Castelan

AF delivers Iraqi F-16s for training in US

Air Force photograph by SrA. Jordan Castelan Iraqi air force captain Hama conducts preflight inspections while inside a new to service Iraqi F-16 Fighting Falcon Dec. 17, 2014, located at the nearby Tucson International Airport...
 
 
Air Force photograph by SSgt. Derek VanHorn

Short-notice: A new way to exercise

Air Force photograph by SSgt. Derek VanHorn Airmen from Kadena Air Base, Japan, prepare for an aeromedical evacuation exercise on a KC-135 Stratotanker Dec. 5, 2014, at Misawa Air Base, Japan. The operation was executed in supp...
 
 
Lockheed Martin photograph by Andy Wolfe

Japan, Australia to provide F-35 maintenance sites in Pacific region

Lockheed Martin photograph by Andy Wolfe An F-35C Lightning II joint strike fighter carrier variant prepares to launch from the aircraft carrier USS Nimitz in the Pacific Ocean, Nov. 6, 2014. Japan and Australia will be sharing...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>