Military Aircraft Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027
The global military aircraft market is anticipated to witness growth at a steady CAGR during the forecast period, 2023-2027. Factors such as the growing adoption of advanced military aircraft and the rise in defense expenditure are driving the growth of the global military aircraft market. Besides, high demand for technologically superior aircraft to replace conventional aircraft is being fueled by the evolution of military technology and the use of improved weaponry and equipment in conflict. The most crucial type of aircraft for any armed force is a military aircraft. They are primarily responsible for airspace defense and enemy attacks. They must be quick, covert, and able to carry large payloads and attack top-secret targets.
Older aircraft must be updated with cutting-edge technologies to meet their mission requirements and fight evolving threats. Most military aircraft are of the fourth generation, which can accommodate sophisticated radars and are flexible. The most recent and technologically sophisticated military aircraft are fifth-generation models. They have modern avionics, data connectivity, and sensors. Growing awareness about the benefits of military aircraft and increasing investments in military modernization are expected to propel the demand for the global military aircraft market in the forecast period.
The global military aircraft market is segmented on the basis of type, application, payload, regional distribution, and competitive landscape. Based on type, the market is divided into fixed-wing and rotorcraft. The primary benefit of fixed-wing aircraft is their ability to travel long distances on a single battery, making them suitable for monitoring and surveillance operations. Military drones with fixed wings can still fly and land safely in the event of total failure. Because fixed-wing aircraft have outstanding aerodynamics, the most sophisticated and potent unmanned aerial vehicles are built using fixed-wing constructions.
Major market players operating in the global military aircraft market are Airbus SE, The Boeing Company, Leonardo SpA, Lockheed Martin Corporation, Northrop Grumman Corporation, Textron Inc., Saab AB, and BAE Systems PLC, Hindustan Aeronautics Limited, and Korea Aerospace Industries.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2027
Objective of the Study:
- To analyze the historical growth in the market size of the global military aircraft market from 2017 to 2021.
- To estimate and forecast the market size of global military aircraft market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the global military aircraft market based on type, application, guidance mechanism, region, and company.
- To identify the dominant region or segment in the global military aircraft market.
- To identify drivers and challenges for the global military aircraft market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global military aircraft market.
- To identify and analyze the profiles of leading players operating in the global military aircraft market.
- To identify key sustainable strategies adopted by market players in global military aircraft market.
TechSci Research calculated the market size of the Global military aircraft market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
Report Scope:
In this report, global military aircraft market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Military Aircraft Market, By Type:
- Fixed Wing
- Rotorcraft
- Military Aircraft Market, By Application:
- Military Transport
- Cargo Supply
- Others
- Military Aircraft Market, By Payload:
- Below 50 Tons
- 51 Tons to 100 Tons
- 101 Tons and Above
- Military Aircraft Market, By Region:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Thailand
- Indonesia
- Australia
- South Korea
- Europe & CIS
- Germany
- France
- United Kingdom
- Spain
- Italy
- Netherlands
- Russia
- Poland
- South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- Iran
- Israel
- UAE
- Turkey
Company Profiles: Detailed analysis of the major companies present in global military aircraft market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
- 1. Product Overview
- 2. Research Methodology
- 3. Executive Summary
- 4. Impact of COVID-19 on Global Military Aircraft Market
- 5. Global Military Aircraft Market Outlook
- 5.1. Market Size & Forecast
- 5.1.1. By Value & Volume
- 5.2. Market Share & Forecast
- 5.2.1. By Type (Fixed Wing, Rotorcraft)
- 5.2.2. By Application (Military Transport, Cargo Supply, Others)
- 5.2.3. By Payload (Below 50 Tons, 51 Tons to 100 Tons, 101 Tons and Above)
- 5.2.4. By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)
- 5.2.5. By Company (2021)
- 5.3. Product Market Map (By Type, By Region)
- 6. North America Military Aircraft Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value & Volume
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Application
- 6.2.3. By Payload
- 6.2.4. By Country (United States; Canada; Mexico)
- 6.3. Product Market Map (By Type, By Country)
- 6.4. North America: Country Analysis
- 6.4.1. United States Military Aircraft Market Outlook
- 6.4.1.1. Market Size & Forecast
- 6.4.1.1.1. By Value & Volume
- 6.4.1.2. Market Share & Forecast
- 6.4.1.2.1. By Type
- 6.4.1.2.2. By Application
- 6.4.1.2.3. By Payload
- 6.4.2. Canada Military Aircraft Market Outlook
- 6.4.2.1. Market Size & Forecast
- 6.4.2.1.1. By Value & Volume
- 6.4.2.2. Market Share & Forecast
- 6.4.2.2.1. By Type
- 6.4.2.2.2. By Application
- 6.4.2.2.3. By Payload
- 6.4.3. Mexico Military Aircraft Market Outlook
- 6.4.3.1. Market Size & Forecast
- 6.4.3.1.1. By Value & Volume
- 6.4.3.2. Market Share & Forecast
- 6.4.3.2.1. By Type
- 6.4.3.2.2. By Application
- 6.4.3.2.3. By Payload
- 7. Asia Pacific Military Aircraft Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value & Volume
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
- 7.2.3. By Payload
- 7.2.4. By Country (China, India, Japan, Thailand, Indonesia, Australia, South Korea)
- 7.2.5. Product Market Map (By Type, By Country)
- 7.3. Asia Pacific: Country Analysis
- 7.3.1. China Military Aircraft Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.1.1. By Value & Volume
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Type
- 7.3.1.2.2. By Application
- 7.3.1.2.3. By Payload
- 7.3.2. India Military Aircraft Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.1.1. By Value & Volume
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Type
- 7.3.2.2.2. By Application
- 7.3.2.2.3. By Payload
- 7.3.3. Japan Military Aircraft Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.1.1. By Value & Volume
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Type
- 7.3.3.2.2. By Application
- 7.3.3.2.3. By Payload
- 7.3.4. Thailand Military Aircraft Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.1.1. By Value & Volume
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Type
- 7.3.4.2.2. By Application
- 7.3.4.2.3. By Payload
- 7.3.5. Indonesia Military Aircraft Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.1.1. By Value & Volume
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Type
- 7.3.5.2.2. By Application
- 7.3.5.2.3. By Payload
- 7.3.6. Australia Military Aircraft Market Outlook
- 7.3.6.1. Market Size & Forecast
- 7.3.6.1.1. By Value & Volume
- 7.3.6.2. Market Share & Forecast
- 7.3.6.2.1. By Type
- 7.3.6.2.2. By Application
- 7.3.6.2.3. By Payload
- 7.3.7. South Korea Military Aircraft Market Outlook
- 7.3.7.1. Market Size & Forecast
- 7.3.7.1.1. By Value & Volume
- 7.3.7.2. Market Share & Forecast
- 7.3.7.2.1. By Type
- 7.3.7.2.2. By Application
- 7.3.7.2.3. By Payload
- 8. Europe & CIS Military Aircraft Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value & Volume
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
- 8.2.3. By Payload
- 8.2.4. By Country (Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland)
- 8.3. Product Market Map (By Type, By Country)
- 8.4. Europe & CIS: Country Analysis
- 8.4.1. Germany Military Aircraft Market Outlook
- 8.4.1.1. Market Size & Forecast
- 8.4.1.1.1. By Value & Volume
- 8.4.1.2. Market Share & Forecast
- 8.4.1.2.1. By Type
- 8.4.1.2.2. By Application
- 8.4.1.2.3. By Payload
- 8.4.2. France Military Aircraft Market Outlook
- 8.4.2.1. Market Size & Forecast
- 8.4.2.1.1. By Value & Volume
- 8.4.2.2. Market Share & Forecast
- 8.4.2.2.1. By Type
- 8.4.2.2.2. By Application
- 8.4.2.2.3. By Payload
- 8.4.3. United Kingdom Military Aircraft Market Outlook
- 8.4.3.1. Market Size & Forecast
- 8.4.3.1.1. By Value & Volume
- 8.4.3.2. Market Share & Forecast
- 8.4.3.2.1. By Type
- 8.4.3.2.2. By Application
- 8.4.3.2.3. By Payload
- 8.4.4. Spain Military Aircraft Market Outlook
- 8.4.4.1. Market Size & Forecast
- 8.4.4.1.1. By Value & Volume
- 8.4.4.2. Market Share & Forecast
- 8.4.4.2.1. By Type
- 8.4.4.2.2. By Application
- 8.4.4.2.3. By Payload
- 8.4.5. Italy Military Aircraft Market Outlook
- 8.4.5.1. Market Size & Forecast
- 8.4.5.1.1. By Value & Volume
- 8.4.5.2. Market Share & Forecast
- 8.4.5.2.1. By Type
- 8.4.5.2.2. By Application
- 8.4.5.2.3. By Payload
- 8.4.6. Netherlands Military Aircraft Market Outlook
- 8.4.6.1. Market Size & Forecast
- 8.4.6.1.1. By Value & Volume
- 8.4.6.2. Market Share & Forecast
- 8.4.6.2.1. By Type
- 8.4.6.2.2. By Application
- 8.4.6.2.3. By Payload
- 8.4.7. Russia Military Aircraft Market Outlook
- 8.4.7.1. Market Size & Forecast
- 8.4.7.1.1. By Value & Volume
- 8.4.7.2. Market Share & Forecast
- 8.4.7.2.1. By Type
- 8.4.7.2.2. By Application
- 8.4.7.2.3. By Payload
- 8.4.8. Poland Military Aircraft Market Outlook
- 8.4.8.1. Market Size & Forecast
- 8.4.8.1.1. By Value & Volume
- 8.4.8.2. Market Share & Forecast
- 8.4.8.2.1. By Type
- 8.4.8.2.2. By Application
- 8.4.8.2.3. By Payload
- 9. South America Military Aircraft Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value & Volume
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Application
- 9.2.3. By Payload
- 9.2.4. By Country (Brazil, Argentina)
- 9.3. Product Market Map (By Type, By Country)
- 9.4. South America: Country Analysis
- 9.4.1. Brazil Military Aircraft Market Outlook
- 9.4.1.1. Market Size & Forecast
- 9.4.1.1.1. By Value & Volume
- 9.4.1.2. Market Share & Forecast
- 9.4.1.2.1. By Type
- 9.4.1.2.2. By Application
- 9.4.1.2.3. By Payload
- 9.4.2. Argentina Military Aircraft Market Outlook
- 9.4.2.1. Market Size & Forecast
- 9.4.2.1.1. By Value & Volume
- 9.4.2.2. Market Share & Forecast
- 9.4.2.2.1. By Type
- 9.4.2.2.2. By Application
- 9.4.2.2.3. By Payload
- 10. Middle East and Africa Military Aircraft Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value & Volume
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Application
- 10.2.3. By Payload
- 10.2.4. By Country (Saudi Arabia, Iran, Israel, UAE, Turkey)
- 10.3. Product Market Map (By Type, By Country)
- 10.4. Middle East and Africa: Country Analysis
- 10.4.1. Iran Military Aircraft Market Outlook
- 10.4.1.1. Market Size & Forecast
- 10.4.1.1.1. By Value & Volume
- 10.4.1.2. Market Share & Forecast
- 10.4.1.2.1. By Type
- 10.4.1.2.2. By Application
- 10.4.1.2.3. By Payload
- 10.4.2. Saudi Arabia Military Aircraft Market Outlook
- 10.4.2.1. Market Size & Forecast
- 10.4.2.1.1. By Value & Volume
- 10.4.2.2. Market Share & Forecast
- 10.4.2.2.1. By Type
- 10.4.2.2.2. By Application
- 10.4.2.2.3. By Payload
- 10.4.3. UAE Military Aircraft Market Outlook
- 10.4.3.1. Market Size & Forecast
- 10.4.3.1.1. By Value & Volume
- 10.4.3.2. Market Share & Forecast
- 10.4.3.2.1. By Type
- 10.4.3.2.2. By Application
- 10.4.3.2.3. By Payload
- 10.4.4. Israel Military Aircraft Market Outlook
- 10.4.4.1. Market Size & Forecast
- 10.4.4.1.1. By Value & Volume
- 10.4.4.2. Market Share & Forecast
- 10.4.4.2.1. By Type
- 10.4.4.2.2. By Application
- 10.4.4.2.3. By Payload
- 10.4.5. Turkey Military Aircraft Market Outlook
- 10.4.5.1. Market Size & Forecast
- 10.4.5.1.1. By Value & Volume
- 10.4.5.2. Market Share & Forecast
- 10.4.5.2.1. By Type
- 10.4.5.2.2. By Application
- 10.4.5.2.3. By Payload
- 11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
- 12. Market Trends and Developments
- 13. Competitive Landscape
- 13.1. Company Profiles (Partial List of Leading Companies)
- 13.1.1. Airbus SE
- 13.1.2. The Boeing Company
- 13.1.3. Leonardo SpA
- 13.1.4. Lockheed Martin Corporation
- 13.1.5. Northrop Grumman Corporation
- 13.1.6. Textron Inc.
- 13.1.7. Saab AB
- 13.1.8. BAE Systems PLC
- 13.1.9. Hindustan Aeronautics Limited
- 13.1.10. Korea Aerospace Industries
- 14. Strategic Recommendations
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