Global Military Transport Aircraft Market Size, Forecasts, And Opportunities – Includes Military Transport Aircraft Market Demand
Learn about the global military transport aircraft market through The Business Research Company, which provides information on military transport aircraft market size, military transport aircraft market drivers and restraints, military transport aircraft market players, the COVID-19 impact on the military transport aircraft market, and more.
The global military transport aircraft market is expected to grow from $27.20 billion in 2021 to $28.56 billion in 2022 at a compound annual growth rate (CAGR) of 5.01%. The global military transport aircraft market size is expected to reach $37.15 billion in 2026 at a CAGR of 6.79%.
The rise in demand for rotorcraft airplanes is expected to propel the growth of the military transport aircraft market.
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The military transport aircraft market consists of sales of military transport aircraft by entities (organizations, sole traders, and partnerships) that refer to military-owned transport aircraft used to support military operations by performing multi-role duties such as aerial refuelling, intelligence-gathering, rescue missions, transporting military cargo and military troops, military vehicles, and others. Military transport aircraft have a huge cargo storage space in which a wide range of things can be stored. In addition, these aircraft are designed to carry military tanks, small trucks, and armed vehicles from military base stations to war sites or other required locations without much human effort.
By Aircraft Type: Fixed Wings, Rotorcraft
By Payload: Below 50 Tons, 51 Tons To 100 Tons, 101 Tons and Above
By Application: Transportation, Emergency Services, Combat Operation, Command and Control, Surveillance, Intelligence and Reconnaissance
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global military transport aircraft market in 2021.
Rapid technological advancements in air transportation services are a key trend in military transport aircraft. Major companies operating in the military transport aircraft market are focused on developing new technological solutions to strengthen their position in the military transport aircraft market. These companies are implementing technology with futuristic, alternate travel modes by noting the growing prominence of highly sophisticated AR/VR technology, AI, Big Data, Automation, Robotics, tech development, and others.
TBRC’s Military Transport Aircraft Market Report Covers:
Major Market Players: Airbus SE, Textron Aviation, Rostec, Lockheed Martin Corporation, Embraer SA, Ukroboronprom (Antonov), United Aircraft Corporation (Ilyushin), The Boeing Company, Aviation Industry Corporation of China (AVIC), Kawasaki Heavy Industries, Kawasaki Heavy Industries, Leonardo SpA, Mitsubishi Heavy Industries, Raytheon Technologies, TATA, and Dassault Aviation.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Military Transport Aircraft Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides military transport aircraft market overviews, analyzes and forecasts market size, share, military transport aircraft market players, military transport aircraft market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s military transport aircraft market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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