Military Aircraft Market, By Aircraft Type (Fixed-wing, Rotorcraft), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Military Aircraft Market, By Aircraft Type (Fixed-wing, Rotorcraft), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

A military aircraft is an airplane that is used by the armed forces for military operations. There are two types of military aircraft: fixed-wing and rotary-wing. They are used by both insurgent and legal armed forces. They may be combat aircraft or non-combat aircraft. A military aircraft may have a single or multiple engines. Military aircraft are also used for various kinds of surveillance. Some military aircraft are also used for commercial purposes. In some cases, the use of military aircraft can be appropriate when the traveler is a senior or needs to travel at low costs. For example, if it is part of a larger group or is a senior executive, a military aircraft may be the most affordable way to get there.

Market Dynamics:

Growing arm races among countries, increasing need for replacement of old aircraft fleet with new generation aircrafts are the major factors driving growth of the global military aircraft market during the forecast period. In April 2018, Airbus entered into an agreement with Dassault Aviation for joint development and production of Future Combat Air System of Europe, which is planned to be complementing and replacing the current Eurofighter and Rafale aircraft.

However, high cost, stringent regulations and budgetary restraints adversely affect the market growth especially in regions such as Middle East.

Key features of the study:

• This report provides in-depth analysis of the global military aircraft market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global military aircraft market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Lockheed Martin Corporation, The Boeing Company, Northrop Grumman Corporation, Saab AB, BAE Systems PLC, Rostec, Aviation Industry Corporation of China, Korea Aerospace Industries Ltd, Mitsubishi Heavy Industries Ltd, Leonardo SpA, Textron Inc., Airbus SE, Dassault Aviation SA, and Piper Aircraft Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global military aircraft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global military aircraft market

• Global Military Aircraft Market, By Aircraft Type
• Fixed-wing
• Combat
• Fighter Aircraft
• Bomber Aircraft
• Non-combat
• Special Mission Aircraft
• Trainer Aircraft
• Transport Aircraft
• Rotorcraft
• Combat
• Non-combat
• Global Military Aircraft Market, By Geography
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa
• Company Profiles:
• Lockheed Martin Corporation
• The Boeing Company
• Northrop Grumman Corporation
• Saab AB
• BAE Systems PLC
• Rostec
• Aviation Industry Corporation of China
• Korea Aerospace Industries Ltd
• Mitsubishi Heavy Industries Ltd
• Leonardo SpA
• Textron Inc.
• Airbus SE
• Dassault Aviation SA
• Piper Aircraft Inc.