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As per the report by Visiongain, the Military Helicopter Market was valued US$27.9 billion in 2022 and is projected to grow at a CAGR of 2.4% during the forecast period 2023-2033.
Visiongain has published a new report entitled Military Helicopter 2023-2033. Forecasts by Application (Attack & Reconnaissance Helicopters, Maritime Helicopters, Transport Helicopters, Search & Rescue Helicopters, Training Helicopters, Others), by Type (Light Military Helicopter, Medium Military Helicopter, Heavy Military Helicopter) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis
Rising Fuel Prices Projected to Challenge Industry Growth
Rising fuel costs are a difficulty for the military helicopter sector since they discourage investment. Customers often hesitate to make a purchase because they do not want to spend too much on the operation after making a significant investment in the helicopter. Budget constraints brought on by the increase in fuel prices have a negative effect on market expansion globally. A challenge for the business is the slow expansion of the helicopter market in some nations due to high fuel prices. The market for helicopters began to rebound in 2021, but 2022 brought a year of numerous disruptions, including rising inflation and the strengthening of the US currency, as well as the war in Ukraine, which had an effect on the supplies of commodities, materials, and energy.
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How has COVID-19 had a Significant Impact on the Military Helicopter Market?
Budgetary, strategic, and fleet replacement needs are the key factors driving demand for military helicopters and related services. In the medium term, more military helicopters will be purchased, according to Visiongain, as a result of the fleets’ advanced age, the emergence of a new generation of helicopters with integrated systems, and the ongoing adoption of combat helicopters by many national armed forces. However, demand from the military sector has historically been highly cyclical due to shifting strategic considerations, and it may be constrained due to budgetary restraints on public spending in some regions, such as Western Europe and the Middle East, while other regions, such as Asia Pacific or Eastern Europe, are anticipated to continue expanding. The military market has exhibited a unit return in 2022, but the worsening economic conditions, the saturation of the Western countries’ markets, and the emphasis placed on operational necessities (such as the development of spare parts availability) have led to a low military market in 2022.
How will this Report Benefit you?
Visiongain’s 232-page report provides 82 tables and 105 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the military helicopter market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for Military Helicopter. Get financial analysis of the overall market and different segments including application, type, and capture higher market share. We believe that there are strong opportunities in this fast-growing military helicopter market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.
What are the Current Market Drivers?
Rescue Operations in Civil Applications
Military helicopters have a range of capabilities that make them well-suited for rescue operations in civil applications. Here are a few ways in which military helicopters can be used in rescue operations: Search and Rescue: Military helicopters can be used to locate and rescue people who are lost, injured, or in distress in remote or hard-to-reach locations. Equipped with advanced sensors and communication systems, military helicopters can quickly locate and communicate with stranded individuals and transport them to safety.
Medical Evacuation: Military helicopters can be equipped with medical facilities and personnel to provide emergency medical care to injured people, and transport them to hospitals or medical facilities. This can be particularly useful in situations where ground transport is not possible or where time is of the essence.
Disaster Response: Military helicopters can be used to deliver supplies and equipment to disaster zones, such as food, water, and medical supplies. They can also be used to transport rescue workers, and to evacuate people from disaster zones.
Firefighting: Military helicopters can be equipped with water buckets or other firefighting equipment to fight forest fires or other large fires. They can also be used to transport firefighters and equipment to remote locations.
Visiongain believes that military helicopters can be valuable assets in civil rescue operations, providing advanced capabilities and resources that can be critical in emergency situations. Many countries have established search and rescue teams or civil defence organizations that can deploy military helicopters in emergency situations, in coordination with local emergency response agencies.
Global Tensions and Conflicts to Fuel Industry Growth
Global tensions and conflicts are having a significant impact on the military helicopter industry worldwide, as countries seek to upgrade and expand their military capabilities to respond to threats and challenges. For instance, the conflict in Ukraine has driven demand for military helicopters, as both the Ukrainian government and separatist rebels use helicopters for transport, reconnaissance, and combat operations.
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Where are the Market Opportunities?
Future Vertical Lift
The next generation of vertical lift platforms will come standard with smarter displays, smaller computers, and more user-friendly navigation systems. This is being demonstrated by a number of U.S. and international military helicopter avionics upgrade and research and development programmes.
Future aviators will be equipped with the RAIDER X®, a fast, agile, and resilient compound coaxial helicopter design from Sikorsky, a Lockheed Martin business, to deal with growing peer and near-peer threats in the most challenging circumstances. For the U.S. Army’s Future Attack Reconnaissance Aircraft (FARA) prototype competition, which is a part of the service’s effort to modernise its venerable aircraft fleet as part of what is known as Future Vertical Lift, RAIDER X was specifically created as a prototype.
Electric and Hybrid Propulsion Systems
Big data, artificial intelligence, and electric and hybrid propulsion systems are common themes. Key market trends gaining prominence include product developments and technology breakthroughs. The development of electric and hybrid propulsion systems, the incorporation of artificial intelligence, and the transition to unmanned systems are the main areas of concentration for major companies in this sector, which has resulted in the creation of more dependable and efficient helicopters.
The major players operating in the military helicopter market are Airbus, Hindustan Aeronautics Limited (HAL), Boeing, Bell Textron Inc., Kaman Corporation, Leonardo S.p.A., Lockheed Martin Corporation, MD HELICOPTERS LLC, Russian Helicopters, and Robinson Helicopter Company, Inc., and Rostec. These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launch.
- In April 2023, Airbus Helicopters introduced the first U.S.-built H125 military configurations, known as AH-125 and MH-125 Ares, to the Airbus range of military helicopters. These combat-capable aircraft will feature militarized options that meet the needs of military and parapublic allies and partners around the world.
- In February 2023, Bell Textron Inc. signed purchase agreement for three additional Bell 407GXi aircraft to Global Medical Response (GMR) with delivery expected to be completed by the end of 2023. The three Bell 407GXis will join GMR’s exclusive 220 Bell helicopter fleet used for emergency medical operations throughout North America.
To access the data contained in this document please email [email protected]
To find more Visiongain research reports on the Defence sector, click on the following links:
Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: [email protected]
Visiongain is one of the fastest-growing and most innovative independent market intelligence providers around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports, which cover 10-year forecasts, are hundreds of pages long, with in-depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets with a lot of synergies. These markets include automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customised and syndicated market research reports offer a bespoke piece of market intelligence customised to your very own business needs.
Visiongain Reports Limited
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Email: [email protected]
Confluence former executive joins fintech Premialab
James Carrington, a former executive at Confluence, Investment Metrics, Style Analytics has joined fintech Premialab. He brings extensive client engagement expertise in investment analytics and data for the institutional investment community.
LONDON, Feb. 27, 2024 /PRNewswire/ — Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement. Mr. Carrington, based in London, will spearhead global client engagement, leveraging over 10 years of experience in driving client engagement gained at Investment Metrics, Style Analytics, and most recently at Confluence, part of the Clearlake Capital Group portfolio. His primary focus will be on enabling faster tailor-made investment analytics delivery and data integration for Premialab’s pension funds, foundations, endowments, and insurance clients.
Adrien Geliot, Co-Founder & Chief Executive Officer of Premialab, said, “I am delighted to welcome James to the team. His appointment confirms our commitment to delivering first-class service to our customers across global locations. His experience in maximizing the value derived from investment analytics will be invaluable in serving our clients as we continue scaling our activities worldwide.”
Commenting on his appointment, James Carrington said, “I am delighted to have joined the Premialab team. Their innovative solution makes a real difference to institutional investors looking at quant investments. The evolution of Premialab over the last number of years has been something that I have followed closely, and I am looking forward to working with the team to further support our customer base across our established and emerging demographics.”
The announcement follows recent senior appointments at Premialab, including Philippe Jacson, former BNP Paribas, Merrill Lynch and MSCI executive; Daniel Fields, former Global Head of Markets at Societe Generale; John Macpherson, former Managing Director at Goldman Sachs, Citibank, and Nomura; Marc Fisher, former Managing Director at Citibank with a prior position at Deutsche Bank; and Georgios Sittas, former Managing Director at HSBC, Standard Chartered, and previously a director at Lehman Brothers.
Recognized as the reference for data and risk analytics on quantitative strategies, Premialab’s capital markets infrastructure is currently used by leading asset managers, insurance companies and pensions funds, accelerating their digitalization and enhancing performance and risk control while reducing costs. The platform’s client AUM is representing an estimated USD$10 trillion.
Premialab is an independent platform providing data, analytics and risk solutions on systematic and factor-based strategies in collaboration with leading investment banks and institutional investors globally. Combining intelligent technology with a unique source of information the platform empowers asset allocators to make better investment decisions whilst achieving utmost time and cost efficiency.
With offices in London, Paris, New York, Hong Kong, Sydney, and Dubai, its international team is dedicated to supporting a global client base with the most up-to-date risk premia dataset, advanced portfolio construction, performance and risk analytics. The firm has established strong partnerships with the top 18 investments banks, global asset managers, pensions funds and insurance companies.
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Axon Technologies and Keyrus Announce Strategic Partnership to Elevate Cybersecurity Business
Keyrus Acquires Minority Stake in Axon Technologies, adding Axon’s Cybersecurity Portfolio to Keyrus Solutions, and Expanding Keyrus Reach across Middle East and Africa
PARIS and DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ — In a significant development in the cybersecurity sector, Keyrus, an international leader in data intelligence and digital transformation, has announced the acquisition of a minority stake in Axon Technologies, a premier provider of cybersecurity services based in Dubai, UAE. This strategic investment marks a major milestone in Keyrus’ cybersecurity strategy, signalling an ambitious step towards establishing a global cybersecurity powerhouse.
Strategic Expansion and Enhanced Cybersecurity Solutions
The collaboration between Keyrus and Axon Technologies is set to revolutionize the cybersecurity landscape in the Middle East and Africa, particularly with Keyrus’ entry into the lucrative Saudi Arabian market. This move enables Keyrus to pursue its investment in a newly formed cybersecurity business, offering enhanced data security solutions to both existing and new clients.
Eric Cohen, Founder and CEO of Keyrus, expressed his enthusiasm: “This investment in Axon Technologies marks a significant step in our cybersecurity strategy. We’re embarking on an exciting journey to amplify our cybersecurity capabilities and establish a world-class global player in this domain. Axon Technologies’ innovative approach to consulting and managed services aligns perfectly with our vision and culture. We eagerly anticipate integrating Axon into our ecosystem to bolster our cybersecurity solutions and address the digital security challenges of our clients.”
Hadi Hosn, CEO of Axon Technologies, also shared his thoughts: “This partnership marks a new era for Axon Technologies, propelling us further in our mission to protect organizations from cyber threats. We admire the Keyrus vision and believe that our combined strengths will lead to disruptive data and cybersecurity solutions, addressing critical challenges in digital identity, application security, API, and data security across various environments and industries.”
Hadi Darwiche, Chairman of DIV Capital & Co-founder of Axon Technologies: “It’s gratifying to see Axon Technologies grow from a concept into a key player in the cybersecurity field. With Keyrus joining forces with us, we anticipate a period of sustained growth, leveraging our combined experience and established reputations. We are confident that together, Axon Technologies will continue to extend its market presence and deliver top-tier solutions.”
Comprehensive Cybersecurity Portfolio and Global Reach
In a relatively short period, Axon Technologies, founded in 2020, has emerged as a beacon of excellence and innovation in the cybersecurity field, demonstrating remarkable growth and agility in its operations. With a revenue of $3.2 million USD in 2023 and a projected substantial increase of the activities, it represents a testament to its robust business model, exceptional service delivery, and the trust clients place in Axon Technologies. The team made of 30 dedicated professionals is its most valuable asset. Axon Technologies commits to growing its team, fostering a culture of innovation, collaboration, and continuous learning.
Axon Technologies, renowned for its expertise in cybersecurity, will now be able to leverage Keyrus global presence and capabilities. With headquarters in Dubai and a significant footprint in the Middle East, Europe and Africa, Axon Technologies is well-positioned to monitor threats and support client cybersecurity programs across these regions effectively. With the backing of Keyrus’s global network, Axon Technologies is poised for unprecedented growth and are dedicated to setting new standards in the cybersecurity landscape.
The partnership is also expected to enhance the offerings of both companies. Axon Technologies’ expertise in Data Security, Cloud Security, DevSecOps and Managed Security Services aligns seamlessly with the Keyrus strategic objectives in digital, data, AI and cloud transformation initiatives.
About Axon Technologies
Axon Technologies offers comprehensive cybersecurity services including consulting, managed security services, engineering, and testing. The company is a leader in addressing critical infrastructure customers’ cybersecurity needs, from strategic consulting to hands-on management and technical security engineering support and managed security services, ensuring a robust and comprehensive approach to cybersecurity. The company’s service portfolio includes:
Technical Security Consulting & Advisory: Guidance and expertise for technical cybersecurity programs.Advanced Security Testing: Rigorous cybersecurity testing across the environment to identify and address vulnerabilities.Security Engineering & Architecture: Designing and implementing robust security architectures across on-premises and cloud environments.Managed Security Services: Ongoing management and support of cybersecurity operations. About Keyrus
Keyrus, an international player in the consulting and technology sectors and a specialist in data and digital technology, is dedicated to helping enterprises take advantage of the data and digital paradigm to enhance their performance, facilitate and accelerate their transformation, and generate new drivers of growth and competitiveness.
Placing innovation at the heart of its strategy, Keyrus develops a value proposition that is unique in the market and centred around five major service groups, each comprised of multiple solutions:
Automation and Artificial IntelligenceHuman-Centric Digital ExperienceData and Analytics enablementCloud and SecurityBusiness transformation and InnovationBuilding on the combined expertise of more than 3,500 employees active across 27 countries and 4 continents, Keyrus is one of the leading international experts in data, consulting and technology.
Keyrus is listed on Euronext Growth Paris. (ALKEY – ISIN Code: FR0004029411 – Reuters: KEYR.PA – Bloomberg: ALKEY: FP).
About DIV Capital
DIV Capital, originally starting as a family office, now operating as a strategic investment holding firm, specializing in bespoke advisory services. The firm focuses on fortifying family capital through comprehensive offerings that encompass support for early-stage enterprises, strategic asset allocation, and robust governance infrastructure development. The firm operates out of Geneva and Dubai and provides three core services:
Family Asset Support: Tailored support to construct an asset allocation that meets wealth goals.Family Financial Sponsorship: Reinforcement for family-operated businesses, aimed at fostering enduring value creation.Governance and Reporting: Consultation on governance frameworks and the enhancement of reporting standards for comprehensive asset oversight.Forward Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Axon Technologies, Keyrus or DIV Capital do not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will the companies and the affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
Contact: [email protected]
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NDC Group and Valantic form a strategic partnership in EPM solutions
PRAGUE, Feb. 27, 2024 /PRNewswire/ — NDC Group, a leading company in enterprise performance management (EPM) consultancy and data analytics is pleased to announce a strategic partnership with valantic, renowned digital solutions, consulting, and tech innovation company. Through this partnership, the companies aim to offer a joint portfolio of solutions and services in SAP planning and analytics.
Central to this collaboration is the delivery of NDC Financial Consolidation, which offers an automated and streamlined approach to legal and managerial consolidation. While the solution draws inspiration from the concept and functions of previously popular SAP consolidation solutions, it utilizes the modern technologies to enhance automation, performance, user experience, and seamless data integration.
The partnership also gives the chance to offer additional products, including SAC workforce planning content, SAP BusinessObjects migration accelerators, and pre-built content for SAC financial planning. Overall, the combined expertise and product offering enhance the ability of both companies to support customers in driving data-driven transformations within their organizations.
Stefan Blinkmann, Head of SAP Analytics at valantic, emphasizes: “We are very pleased about our new partnership, and we are convinced that our customers will benefit greatly from it. Above all, the NDC Group’s products create added value in the area of consolidation based on SAP Analytics Cloud, and they expand valantic’s range of services. An integrated solution for reporting, planning, and consolidation in SAP Analytics Cloud provides multiple benefits for our customers and enables them to streamline their system landscape.”
Karel Jirik, Head of Products at NDC Group, is also convinced of the benefits of this collaboration: “Our partnership with valantic is an excellent opportunity to leverage the synergies between our teams to streamline and transform our customers’ data landscape. The jointly offered EPM solutions enable precise and swift decision-making and enhance operational efficiency, crucial elements in today’s competitive landscape. I’m particularly pleased we found a lot of commonalities with valantic, and I am convinced together we can deliver better solutions in a shorter time.”
Vladislav Stefanak, CEO of NDC Group, reflects on the partnership’s potential: “This partnership embodies my vision of equipping our clients with advanced functionalities reminiscent of those found in SAP BPC and SAP Financial Consolidation, yet significantly enhanced by leveraging top-tier SAP technologies. Our collaboration with valantic commenced with remarkable synergy from the outset, underpinned by their extensive expertise and knowledge base.”
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- Confluence former executive joins fintech Premialab
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