SHORT-TERM GROWTH FOR LIGHT MILITARY ROTORCRAFT MARKET

In a newly released analysis, “The Market for Light Military Rotorcraft,” Forecast International projects that a total of 1,241 light military rotorcraft will be produced from 2016 through 2025 with a estimated value of $19.7 billion. Over the next 10 years, customers in Asia will account for an increasing share of the global market. Airbus Helicopters is forecast to lead the market in unit production, producing 316 light military helicopters for a 25.5 per cent market share. Bell Helicopter is projected to be second, with production of 226 helicopters for an 18.2 per cent share.