Military Fixed-Wing Aircraft Market Worth US$88.9 Billion By 2026 : Radiant Insights
The global Military Fixed-Wing Aircraft market is expected to be worth US$61.2 billion in 2016 and representing a CAGR of 3.81% during the forecast period 2026.
San Francisco, United States – March 31, 2016 /MarketersMedia/ —
Summary
During the forecast period the demand for Military Fixed-Wing Aircraft is expected to be driven by the ongoing global turmoil, internal and external security threats, fleet replacement programs, modernization strategies and territorial disputes across the world. Additionally, emerging economies in the Middle East and South Asian regions are witnessing increasing defense expenditure and are therefore likely to present global military aircraft manufacturers with greater opportunities in the coming decade.
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Key Findings
• The global Military Fixed-Wing Aircraft market is expected to be worth US$61.2 billion in 2016 and is expected increase to US$88.9 billion by 2026, representing a CAGR of 3.81% during the forecast period
• The market is expected to be dominated by North America, occupying 33% of the market share, followed by Asia-Pacific and Europe, with 25% share each. The Middle East, Latin America, and Africa are expected to account for the remaining 17% of the overall market
• The multi-role aircraft segment is estimated to account for 56.8% of the global Military Fixed-Wing Aircraftmarket.Transport and reconnaissance and surveillance segment are also expected to account for a significant portion of the total Military Fixed-Wing Aircraftmarket during the forecast period, with shares of 24% and 8.8% respectively
• Bombers and Training aircrafttogether will account for the remaining 10.4% of global Military Fixed-Wing Aircraftexpenditure
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Synopsis
The Global Military Fixed-Wing AircraftMarket 2016-2026 report offers a detailed analysis of the industry with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for Military Fixed-Wing Aircraft, key market trends, and challenges faced by industry participants. In particular, it provides an in-depth analysis of the following:
• Market size and drivers: detailed analysis during 2016-2026, including highlights of the demand drivers and growth stimulators. It also provides a snapshot of the spending and modernization patterns of different regions around the world
• Recent developments and industry challenges: insights into technological developments and a detailed analysis of the changing preferences of Military Fixed-Wing Aircraftsegments around the world. It also provides trends of the changing industry structure and the challenges faced by industry participants
• Regional highlights: study of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
• Major programs: details of the key programs in each segment, which are expected to be executed during 2016-2026
• Competitive landscape and strategic insights: analysis of the competitive landscape of the global market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
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Reasons To Buy
• Determine prospective investment areas based on a detailed trend analysis of the global Military Fixed-Wing Aircraftmarket over the next ten years
• Gain in-depth understanding about the underlying factors driving demand for different Military Fixed-Wing Aircraftsegments in the top spending countries across the world and identify the opportunities offered by each of them
• Strengthen your understandingof the market in terms of demand drivers, industry trends, and the latest technological developments, among others
• Identify the major channels that are driving the global Military Fixed-Wing Aircraftmarket, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
• Channelize resources by focusing on the ongoing programs that are being undertaken by the internal ministries of different countries within the Military Fixed-Wing Aircraftmarket
• Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Military Fixed-Wing
• Aircraftservice providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available
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