Special Mission Aircraft

Special Mission Aircraft

Global Special Mission Aircraft Market to Reach $14.3 Billion by 2026

Amid the COVID-19 crisis, the global market for Special Mission Aircraft estimated at US$11.7 Billion, is projected to reach a revised size of US$14.3 Billion by 2026, growing at a CAGR of 3.3% over the analysis period. Air Force, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$7.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Naval segment is readjusted to a revised 3.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.6 Billion in 2021, While China is Forecast to Reach $2.5 Billion by 2026

The Special Mission Aircraft market in the U.S. is estimated at US$3.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2026 trailing a CAGR of 3.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 2.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Army Segment to Reach US$2.6 Billion by the year 2026

In the global Army segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.8 Billion will reach a projected size of US$2.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 43 Featured) -

• Boeing Company, The
• Bombardier Aerospace, Belfast
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• SAAB AB
• Textron Inc.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.