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Global Military Fixed Wing Market Assessment

Global Military Fixed Wing Market Assessment

  • May 2015
  • 133 pages
  • ID: 3007527

Summary

Table of Contents

Small, Highly Capable Fleets are the Order of the Day

Military Fixed Wing end users are seeking out platforms and upgrades which are cost effective over their entire life cycle. Platforms are purchased in fewer numbers; however, higher capability is a must. Rising tensions across Central Asia and the APAC region are driving demand in these areas while requirements in emerging regions continue to grow, fuelled by strengthening economies and political posturing. Tight budgets in the West will continue to push countries to scale down fleet sizes. This global research encompasses a full study of countries utilizing more than $1 billion for defense spending, forecasting future spending on platform and modification revenue through implementation of various key parameters that have the greatest effect on the market. The market is broken into seven regions and four aircraft capability types: utility, combat, trainer and special mission. The forecast uses base data from 2014 while the forecast data covers a nine-year period from 2015 to 2023.

Key Findings—End Users and Suppliers
End Users: Capability Needs and Evolving CONOPS1
-Next-generation fighters are within the initial adoption phase, prompting the replacement of primary and advanced trainer aircraft.
-A large proportion of countries are operating legacy utility platforms that must soon be upgraded or replaced.
-The special missions aircraft market is undergoing a growth stage as a result of the increasing requirement for knowledge acquisition and, thus, C4ISR2 platforms.
-Multi-national and multi-force operations are becoming the norm with compact, integrated forces carrying out missions. This agile force requires intelligence assimilated by all involved parties. Suppliers: Competitiveness and Evolving Business Models
-Mergers and acquisitions continue within the market, particularly in the Western world as a result of limited revenue opportunities. This may lead to a loss of innovation and a less favourable buyers market due to a lack of competitive pricing.
-Businesses, both large and small, are extending their relationships with clients by offering holistic solutions that incorporate not only the platform but also full support in service. This approach creates a favourable dynamic in which companies are able to work with their clients to problem solve and adjust their offerings to ensure that requirements are met.
-Financial services offered are on the rise, such as the number of lease options offered and requested.

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