Fighter Aircraft Market
Air Force of different countries use variety of planes for every task, but fighter jets are often the most visible aircraft that perform variety of missions across the globe. Fighter jets are highly maneuverable and maintain air superiority over the battlefield. Fighter jets are capable of carrying payloads like missiles and bombs and are capable of performing electronic warfare, ground attack, and air-to-air combat.
Fighter aircraft has been segmented based on their take-off and landing into conventional take-off and landing, STOL, and VTOL. Conventional take-off and landing segment dominates the market currently, however, STOL and VTOL’s market share is anticipated to increase during the forecast period.
The growing terror threats has resulted in several countries to increase their overall defense spending and to procure advanced fighter jets to achieve advantage during aerial warfare. Over the past two decades, several new advanced fighter jet programs have been initiated and has led to an increasing demand for military components and parts in the aerospace market. However, the fighter jet market is highly dependent on government decisions and may sometimes hamper the market growth due to order cancellations by a particular country.
Nevertheless, the advancement in technology and the need to modernize existing fleet will continue to drive the market during the forecast period. The fighter jet market has been dominated by the US, China and Russia, however, in the recent years the market scenario has shifted towards Asia-Pacific and Middle-East regions that are striving to modernize and expand their existing fleet size.
Key Players: Lockheed Martin Corporation, Dassault Aviation, Mitsubishi Group, Saab AB, Sukhoi among others are some of the key players that compete globally.
Recent Developments in Fighter Aircraft Market:
April 2018: Air Force of India asked fighter jet manufactures to submit their proposals for 110 fighter aircraft Companies that are competing to gain the order are Boeing, Lockheed Martin Corporation, United Aircraft Corp., Dassault Aviation, and Saab AB.
January 2018: Myanmar announced its plan to procure six Su-30 aircraft from Russia.
May 2018: Kazakhstan placed an order for another batch of Sukhoi Su-30SM multirole fighter aircraft from Russia.
Reasons to Purchase this Fighter Aircraft Market Report:
- To study 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
- Detailed analysis of the segment that is expected to dominate the market
- Regions that are expected to witness fastest growth during the forecast period
- Identifying the latest developments, market shares, and strategies employed by the major market players
- 3-month 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.
1.1. Scope of Study
1.2. Market Definition
1.3 Executive Summary
2. FIGHTER AIRCRAFT MARKET RESEARCH METHODOLOGY
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Phases
3. FIGHTER AIRCRAFT MARKET INSIGHTS
3.1. Current Market Scenario
3.2. Technology Trends
3.3. Industry Attractiveness - Porter's Five Force Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Bargaining Power of Consumers
3.3.3. Threat of New Entrants
3.3.4. Threat of Substitute Products and Services
3.3.5. Competitive Rivalry Within the Industry
4. FIGHTER AIRCRAFT MARKET DYNAMICS
5. FIGHTER AIRCRAFT MARKET, SEGMENTED BY TAKE-OFF AND LANDING
5.1 Conventional Take-off and Landing
5.2 Short take-off and landing
5.3 Vertical take-off and landing
6. FIGHTER AIRCRAFT MARKET, SEGMENTED BY GEOGRAPHY
6.1 North America
6.1.4 Rest of North America
6.2.4 South Korea
6.2.5 Rest of Asia-Pacific
6.3.5 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle-East & Africa
6.5.2 Saudi Arabia
6.5.4 South Africa
6.5.5 Rest of Middle-East & Africa
7. FIGHTER AIRCRAFT MARKET COMPETITIVE LANDSCAPE
7.2 Market Share Analysis
8. COMPANY PROFILES
8.1 Lockheed Martin Corporation
8.2 Saab AB
8.4 Airbus Defence and Space
8.5 Russian Aircraft Corporation
8.7 Chengdu Aircraft Industry
8.9 BAE Systems
8.10 Dassault Aviation
8.11 Israel Aerospace Industries Ltd.
8.12 Northrop Grumman Corporation
9. FUTURE FIGHTER AIRCRAFT MARKET OUTLOOK