
Military Aircraft Market Size, Share, and Analysis, By Aircraft Type (Fixed-wing {Combat Aircraft [Bomber and Fighter], Non-combat Aircraft [Special mission, trainer, Transport aircraft]}, Rotary-Blade), By System (Engine, Airframe, Avionics, Weapon Syste
Description
Military Aircraft Market Size, Share, and Analysis, By Aircraft Type (Fixed-wing {Combat Aircraft [Bomber and Fighter], Non-combat Aircraft [Special mission, trainer, Transport aircraft]}, Rotary-Blade), By System (Engine, Airframe, Avionics, Weapon System, Landing Gear System), By Application (Military Transport, National Defence, Multirole Aircraft, Tanker, Reconnaissance & Surveillance, Maritime Patrol, and Others) and Regional Forecasts, 2022-2032
Military Aircraft Market Size, Share, and Analysis, By Aircraft Type (Fixed-wing {Combat Aircraft [Bomber and Fighter], Non-combat Aircraft [Special mission, trainer, Transport aircraft]}, Rotary-Blade), By System (Engine, Airframe, Avionics, Weapon System, Landing Gear System), By Application (Military Transport, National Defence, Multirole Aircraft, Tanker, Reconnaissance & Surveillance, Maritime Patrol, and Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Military Aircraft Market size was USD 55.38 billion in 2021 and projected to grow from USD 59.3 billion in 2023 to USD 81.3 billion by 2032, exhibiting a CAGR of 3.6% during the forecast period.
Military aircrafts are aircrafts designed for military purpose or used for military use by civilian airlines. Military aircraft has several applications like transport, reconnaissance, and attack. Military aircraft market is boosted by the growing expenditure for defence and for the initiation of modern aircraft into the fleet. Military aircraft market is very competitive, with key players providing services for the military. The major key players in the market engage based on the technological capability, cost effectiveness, and the potential to develop rigid, integrated architecture systems.
MARKET HIGHLIGHTS
Military Aircraft Market is expected to reach USD 81.3 billion, growing at a CAGR of 3.6% during forecast period owing to the growing conflicts and cross-border activities globally and allowing few countries to strengthen their defences. The requirement for progression of aerial firepower by defence spenders and the growing arms race is expected to drive the growth of Military Aircraft market. Governments of several countries are expanding their budgets related to defence for expanding the air force fleet.
Military Aircraft Market Segments:
- Aircraft Type
- Fixed-wing
- {Combat Aircraft [Bomber and Fighter],Non-combat Aircraft [Special mission, trainer, Transport aircraft]}
- Rotary-Blade
- System
- Engine
- Airframe
- Avionics
- Weapon System
- Landing Gear System
- Application
- Military Transport
- National Defence
- Multirole Aircraft
- Tanker
- Reconnaissance & Surveillance
- Maritime Patrol
- Others
Growth Drivers
Increasing Importance of Fleet Expansion is Expected to Boost the Growth of the Market
Replacement of Conventional Fleets is Expected to Boost the Market Growth
Restraint
Stringent Regulations May Restrain the Market growth
Key Players
- The Boeing Company
- Lockheed Martin Corporation
- Dassault Aviation
- Saab AB
- Rostec
- Textron Inc
- Embraer SA.
- Korea Aerospace Industries, LTD.
- Airbus SE
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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Table of Contents
345 Pages
- 1.Executive Summary
- 1.1. Regional Market Share
- 1.2. Business Trends
- 1.3. Military Aircraft Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2.Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3.Market Characteristics
- 3.1. Market Definition
- 3.2. Military Aircraft Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4.Military Aircraft Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5.Macroeconomic Indicators
- 6.Recent Developments
- 7.Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8.Risk Analysis
- 9.Market Analysis
- 9.1. Porters Five Forces
- 9.2. PEST Analysis
- 9.2.1.Political
- 9.2.2.Economic
- 9.2.3.Social
- 9.2.4.Technological
- 10. Military Aircraft Market
- 10.1.Overview
- 10.2.Historical Analysis (2016-2021)
- 10.2.1.Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Military Aircraft Market Size & Forecast 2022A-2032F
- 11.1.Overview
- 11.2.Key Findings
- 11.3. Market Segmentation
- 11.3.1.By Aircraft Type
- 11.3.1.1.Fixed-wing
- 11.3.1.1.1. By Value (USD Million) 2022-2032F
- 11.3.1.1.2. Market Share (%) 2022-2032F
- 11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.1.2.Rotary-Blade
- 11.3.1.2.1. By Value (USD Million) 2022-2032F
- 11.3.1.2.2. Market Share (%) 2022-2032F
- 11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.By System
- 11.3.2.1.Engine
- 11.3.2.1.1. By Value (USD Million) 2022-2032F
- 11.3.2.1.2. Market Share (%) 2022-2032F
- 11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.2.Airframe
- 11.3.2.2.1. By Value (USD Million) 2022-2032F
- 11.3.2.2.2. Market Share (%) 2022-2032F
- 11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.3.Avionics
- 11.3.2.3.1. By Value (USD Million) 2022-2032F
- 11.3.2.3.2. Market Share (%) 2022-2032F
- 11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.4.Weapon System
- 11.3.2.4.1. By Value (USD Million) 2022-2032F
- 11.3.2.4.2. Market Share (%) 2022-2032F
- 11.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.5.Landing Gear System
- 11.3.2.5.1. By Value (USD Million) 2022-2032F
- 11.3.2.5.2. Market Share (%) 2022-2032F
- 11.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.By Application
- 11.3.3.1.Military Transport
- 11.3.3.1.1. By Value (USD Million) 2022-2032F
- 11.3.3.1.2. Market Share (%) 2022-2032F
- 11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.2.National Defence
- 11.3.3.2.1. By Value (USD Million) 2022-2032F
- 11.3.3.2.2. Market Share (%) 2022-2032F
- 11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.3.Multirole Aircraft
- 11.3.3.3.1. By Value (USD Million) 2022-2032F
- 11.3.3.3.2. Market Share (%) 2022-2032F
- 11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.4.Tanker
- 11.3.3.4.1. By Value (USD Million) 2022-2032F
- 11.3.3.4.2. Market Share (%) 2022-2032F
- 11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.5.Reconnaissance & Surveillance
- 11.3.3.5.1. By Value (USD Million) 2022-2032F
- 11.3.3.5.2. Market Share (%) 2022-2032F
- 11.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.6.Maritime Patrol
- 11.3.3.6.1. By Value (USD Million) 2022-2032F
- 11.3.3.6.2. Market Share (%) 2022-2032F
- 11.3.3.6.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.7.Others
- 11.3.3.7.1. By Value (USD Million) 2022-2032F
- 11.3.3.7.2. Market Share (%) 2022-2032F
- 11.3.3.7.3. Y-o-Y Growth (%) 2022-2032F
- 12. North America Military Aircraft Market Size & Forecast 2022A-2032F
- 12.1.Overview
- 12.2.Key Findings
- 12.3.Market Segmentation
- 12.3.1.By Aircraft Type
- 12.3.2.By System
- 12.3.3.By Application
- 12.4.Country
- 12.4.1.United States
- 12.4.2.Canada
- 13. Europe Military Aircraft Market Size & Forecast 2022A-2032F
- 13.1.Overview
- 13.2.Key Findings
- 13.3.Market Segmentation
- 13.3.1.By Aircraft Type
- 13.3.2.By System
- 13.3.3.By Application
- 13.4. Country
- 13.4.1.Germany
- 13.4.2.United Kingdom
- 13.4.3.France
- 13.4.4.Italy
- 13.4.5.Spain
- 13.4.6.Russia
- 13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14. Asia Military Aircraft Market Size & Forecast 2022A-2032F
- 14.1.Overview
- 14.2.Key Findings
- 14.3.Market Segmentation
- 14.3.1.By Aircraft Type
- 14.3.2.By System
- 14.3.3.By Application
- 14.4. Country
- 14.4.1.India
- 14.4.2.China
- 14.4.3.South Korea
- 14.4.4.Japan
- 14.4.5.Rest of APAC
- 15. Middle East and Africa Military Aircraft Market Size & Forecast 2022A-2032F
- 15.1.Overview
- 15.2.Key Findings
- 15.3. Market Segmentation
- 15.3.1.By Aircraft Type
- 15.3.2.By System
- 15.3.3.By Application
- 15.4. Country
- 15.4.1.Israel
- 15.4.2.GCC
- 15.4.3.North Africa
- 15.4.4.South Africa
- 15.4.5.Rest of Middle East and Africa
- 16. Latin America Military Aircraft Market Size & Forecast 2022A-2032F
- 16.1.Overview
- 16.2.Key Findings
- 16.3.Market Segmentation
- 16.3.1.By Aircraft Type
- 16.3.2.By System
- 16.3.3.By Application
- 16.4. Country
- 16.4.1.Mexico
- 16.4.2.Brazil
- 16.4.3.Rest of Latin America
- 17. Competitive Landscape
- 17.1.Company market share, 2021
- 17.2.Key player overview
- 17.3.Key stakeholders
- 18. Company Profiles
- 18.1. The Boeing Company
- 18.1.1.Company Overview
- 18.1.2.Financial Overview
- 18.1.3.Key Product; Analysis
- 18.1.4.Company Assessment
- 18.1.4.1.Product Portfolio
- 18.1.4.2.Key Clients
- 18.1.4.3.Market Share
- 18.1.4.4.Recent News & Development (Last 3 Yrs.)
- 18.1.4.5.Executive Team
- 18.2. Lockheed Martin Corporation
- 18.3. Dassault Aviation
- 18.4. Saab AB
- 18.5. Rostec
- 18.6. Textron Inc
- 18.7. Embraer SA.
- 18.8. Korea Aerospace Industries, LTD.
- 18.9. Airbus SE
- 18.10.Other Prominent Players
- 19. Appendix
- 20. Consultant Recommendation
Pricing
Currency Rates
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