Fighter Aircraft Market 2019 Detailed Research on Market Size, Share | Revenue, Trends, Price, Gross Margin, Profit, and Forecast to 2024 | Industry

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Fighter Aircraft

Fighter Aircraft Market” report 2019-2024 provides detailed summary of company competition, market demand, regional forecast, marketing price and new investment feasibility analysis is included of Fighter Aircraft market. It also covers approximate CAGR, key-players, scope of the report, regional analysis, major market factors of Fighter Aircraft market, reasons of buying this report and complete TOC of report.

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There are 4 key segments covered in this Fighter Aircraft Systems Market report:

  • Competitor segment
  • Product type segment
  • End-use/application segment
  • Geography segment

Market Overview:

  • The fighter aircraft market is estimated to grow at a CAGR of over 4% during the forecast period (2019-2024).
  • - As the countries are striving to enhance their aerial combat capabilities, several nations are upgrading their existing fighter jets or are replacing their aging fleet with newer generation aircraft with advanced features.
  • - Technology advancements in stealth and precision weapons are further supporting the development of fighter aircraft market, since, every nation want their combat capabilities to be up-to-date.
  • - However, the development and adoption of unmanned aerial vehicles can act as a restraint for fighter jets.
  • - Budget constraints can also prevent few smaller countries to opt for next-generation fighter jets which can hinder the market growth during the forecast period.
  • Fighter Aircraft Market by Key Players:

  • Lockheed Martin Corporation
  • Saab AB
  • The Boeing Company
  • Airbus Defence and Space
  • United Aircraft Corporation
  • Chengdu Aircraft Industrial (Group) Co. Ltd.
  • Hindustan Aeronautics Limited
  • BAE Systems plc
  • Dassault Aviation
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    Scope of the Report:

  • A fighter aircraft can be termed as a high-speed military aircraft which possesses the capability for carrying out air-to-air combat missions. High speed, ease in maneuvering as well as a relatively smaller size are considered to be the hallmarks of the fighter aircraft. These aircraft can also carry heavy payloads and are capable of performing electronic warfare, ground attack, and air-to-air combat. The report also covers the analysis of Conventional Take-Off and Landing, Short Take-Off and Landing, and Vertical Take-Off and Landing.
  • Key Market Trends:

    Conventional Take-Off and Landing is Projected to Grow with the Highest CAGR

    Currently, Conventional Take-Off and Landing has the highest share of all the segments. Conventional take-off and landing refer to a method in which an aircraft accelerates along the ground until they have enough power for take-off. Most of the fighter aircraft currently manufactured are based on a conventional take-off and landing configuration. Currently, there are various programs which are going on in terms of conventional take-off and landing fighter aircraft. Under the F-35 Joint Strike Fighter (JSF) Program, the US Department of Defense (DOD) are planning to acquire more than 2400 new generation F-35s. Of the total acquisition, more than 1,700 aircraft shall be F-35A. Moreover, the F-35A shall replace the F-16 and the F-15 fighter aircraft. Singapore is also in plans to replace their aging F-16 fighter jets with the F-35 Joint Strike Fighter. Thus, upcoming developments shall increase the focus on this segment, and this shall be the reason for its expected high CAGR.

    North America is Expected to Witness the Highest Growth

    In the fighter aircraft market, North America shall experience the highest growth. Various developments in the North American region in terms of fighter aircraft shall lead to its high growth. The US Air Force has since the end of the Second World War been regarded as the supreme air force of the world. Currently, the United States has over 2000 fighter aircraft and the US Department of Defense are now focused on upgrading its fighter aircraft fleet. Additionally, the USAF (the United States Air Force) plans to increase their fighter aircraft squadron from 55 to 65 in the coming years in order to deal with the growing military might of China and Russia. In 2018, Lockheed Martin announced its plan to develop an updated version of their F-22 Raptor fighter aircraft for the USAF. Lockheed Martin plans to combine the top features of the F-35 and the F-22 aircraft into the F-22 Raptor Hybrid aircraft. Thus, various ongoing developments in terms of fighter aircraft shall lead to its growth in North America in the near future.

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    Fighter Aircraft Market Covers Following Points in TOC:

    • Chapter 1: Fighter Aircraft Market Definition
    • Chapter 2: Research Methodology of Fighter Aircraft Market
    • Chapter 3: Fighter Aircraft Market Executive Summary
    • Chapter 4: Fighter Aircraft Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Fighter Aircraft Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Fighter Aircraft Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Fighter Aircraft Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Fighter Aircraft Market

    Report Page - Fighter Aircraft Market - Growth, Trends and Forecast (2019 - 2024)


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