Market Share of Europe Fighter Aircraft Industry
The market is consolidated in nature, with a few players holding significant shares in the market. Some of the key players in the market are Saab AB, Lockheed Martin Corporation, Dassault Aviation, BAE Systems plc, and Airbus SE. Technological advancements and the upgradation of existing fleets are propelling the market. Many fighter aircraft development programs are underway in Europe, which is expected to significantly propel the growth of the players during the forecast period and the following 10 - 15 years.
Russia is working on the YAK 150 prototype capable of vertical take-off and landing. Due to recent advanced developments in aerial warfare, fighter jets are designed for the high-speed interception, electronic warfare (EW), surveillance, breach detection, and other operations. Significant R&D investments may help the development of sixth-generation fighters and bolster the market prospects for the manufacturers of such aircraft during the forecast period.
Europe Fighter Aircraft Market Leaders
Saab AB
Lockheed Martin Corporation
Airbus SE
Dassault Aviation
BAE Systems plc
*Disclaimer: Major Players sorted in no particular order
