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Globally, major countries are expected to invest significantly in replacing aging aircraft fleets. After the wars in Iraq and Afghanistan, the US and other allied countries in Europe, Asia-Pacific, and Latin America were left with damaged aircraft and other military equipment. Thus, large-scale upgrades and replacement programs were required.
Major countries worldwide keen on replacing older fixed-wing aircraft
Globally, major countries are expected to invest significantly in replacing aging aircraft fleets. After the wars in Iraq and Afghanistan, the US and other allied countries in Europe, Asia-Pacific, and Latin America were left with damaged aircraft and other military equipment. Thus, large-scale upgrades and replacement programs were required.
Although the US invests frequently in upgrading and modernizing military aircraft, the country still faces a dire need to procure new and more advanced aircraft to sustain its global military dominance. Over 2018-2023 (the forecast period), the US is expected to invest heavily in multi-role aircraft, with a primary focus on the F-35 Joint Strike Fighter program. Under the program, the country plans to procure over 200 F-35 multi-role fighters by 2037. The growth in the sector is expected to be primarily driven by the KC-46A program, under which, the country plans to purchase aerial refueling tankers in 2017.
The military fixed-wing aircraft market is dominated by North America, Followed by Europe and Asia Pacific. The market is expected to be driven by the replacement of ageing military aircraft, increased internal and external security threats, and modernization strategies.
Key players in the military fixed wing aircraft market are LOCKHEED MARTIN, AVIC, SUKHOI, DASSAULT AVIATION, BOEING, AND SAAB.
Key Developments :
January, 2018 : France seeks to add fixed wing military aircrafts to reduce helicoptor operational costs.
Reasons to Purchase this Report:
• Current and future market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet in excel.
Report Customization and Benefits:
• This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.
Major countries worldwide keen on replacing older fixed-wing aircraft
Globally, major countries are expected to invest significantly in replacing aging aircraft fleets. After the wars in Iraq and Afghanistan, the US and other allied countries in Europe, Asia-Pacific, and Latin America were left with damaged aircraft and other military equipment. Thus, large-scale upgrades and replacement programs were required.
Although the US invests frequently in upgrading and modernizing military aircraft, the country still faces a dire need to procure new and more advanced aircraft to sustain its global military dominance. Over 2018-2023 (the forecast period), the US is expected to invest heavily in multi-role aircraft, with a primary focus on the F-35 Joint Strike Fighter program. Under the program, the country plans to procure over 200 F-35 multi-role fighters by 2037. The growth in the sector is expected to be primarily driven by the KC-46A program, under which, the country plans to purchase aerial refueling tankers in 2017.
The military fixed-wing aircraft market is dominated by North America, Followed by Europe and Asia Pacific. The market is expected to be driven by the replacement of ageing military aircraft, increased internal and external security threats, and modernization strategies.
Key players in the military fixed wing aircraft market are LOCKHEED MARTIN, AVIC, SUKHOI, DASSAULT AVIATION, BOEING, AND SAAB.
Key Developments :
January, 2018 : France seeks to add fixed wing military aircrafts to reduce helicoptor operational costs.
Reasons to Purchase this Report:
• Current and future market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• Identify the latest developments, market shares and strategies employed by the major market players.
• 3 months analyst support along with the Market Estimate sheet in excel.
Report Customization and Benefits:
• This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
