Global Fighter Aircrafts Market Outlook, Opportunities And Strategies

December 10, 2021December 10, 2021 by The Business Research Company

Learn about the global fighter aircrafts market through The Business Research Company, which provides information on fighter aircrafts market size, fighter aircrafts market drivers and restraints, fighter aircrafts market players, the COVID-19 impact on the fighter aircrafts market, and more.

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The global fighter aircrafts market is expected to decline from $96.87 billion in 2020 to $96.4 billion in 2021 at a compound annual growth rate (CAGR) of -0.5%. The fighter aircraft market is expected to deteriorate slightly in 2021 on account of post-COVID-19 implications including shortage of workforce and decrease in demand due to the COVID-19 crisis. The fighter aircrafts market is expected to reach $108.53 billion in 2025 at a CAGR of 3%.

The growing emphasis on airborne security is expected to drive innovation in fighter aircrafts manufacturing, thus driving the market during the forecast period.

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The fighter aircrafts market consists of sales of fighter aircraft by entities (organizations, sole traders, and partnerships) that produce fighter aircraft. A fighter aircraft is a fixed-wing aircraft designed for air-to-air combat against other aircraft. Only goods and services traded between entities or sold to end consumers are included.

Global fighter aircrafts market segments include:

By Type: Conventional Take-Off and Landing, Short Take-Off and Landing, Vertical Take-Off and Landing

By Application: Homeland Security, Defence, Other

By System: Airframe, Engine, Avionics, Landing Gear System, Weapon System

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Major players operating in the fighter aircrafts industry are focusing on automation in the manufacturing line to reduce manufacturing time and labour costs which is likely to be a leading trend in the fighter aircrafts market.

TBRC’s fighter aircrafts market report covers:

Major Market Players: Lockheed Martin Corporation, Airbus SE, The Boeing Company, BAE Systems, Russian Aircraft Corporation MiG, Saab, Dassault Aviation SA, PJSC Sukhoi Company, KAI, Hindustan Aeronautics Limited.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Fighter Aircrafts Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides fighter aircrafts market overviews, analyzes and forecasts market size, share, fighter aircrafts market players, fighter aircrafts market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s fighter aircrafts market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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