EO/IR special report: Promising outlook for Asia military helo market
By virtue of spending estimates between now and 2027 the military EO/IR Asia-Pacific market is forecast to become the second biggest globally – behind North America. The region is also set to become the highest growing market during the same period due to its cumulative spending of $38.9 billion.
OEM estimations strongly suggest that considerable rotorcraft business opportunities remain within the area too. Airbus, for example, has previously told Shephard that there are approximately 880 of its military helicopters serving in Southeast Asia alone.
Growing defence budgets for countries such as India and China are also likely to lead to
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