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Global Military Transport Aircraft Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

Global Military Transport Aircraft Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

  • Publish Date:January 2023

  • Number of Pages:301

  • Report ID:6381502

  • Format:PDF

  • Publisher:Mordor Intelligence LLP

$ 4750

Summary

The Global Military Transport Aircraft Market is projected to register a CAGR of -4.99%

Key Highlights
Largest Market by Region - Europe : Various ongoing military modernization programs aimed at procuring advanced aircraft across the region are anticipated to drive the market’s growth.
Fastest-growing Market by Region - Europe : Major countries such as France and Germany aim to increase their aerial assets by entering agreements to develop new products.
Largest Market by Country - United States : The country’s plan to replace its aging transport aircraft is anticipated to drive the procurement of transport aircraft.

Key Market Trends

Europe is the largest segment by Region.

Military transport aircraft accounted for 8% of the global military aircraft fleet in 2021. The international security horizon in the second half of 2021 was marked by escalating conflicts, geopolitical, and border issues, with major confrontations such as between Russia and Ukraine, India, China, and other nations in Asia-Pacific. The armed conflicts and internal security boosted defense expenditures globally, with countries strengthening their armed forces with new procurements of transport aircraft.
The world defense expenditure crossed over USD 2 trillion in 2021, with major military powers, such as the United States, surging their defense budget by 3%, from USD 778 billion in 2020 to over USD 800 billion in 2021. The United States was followed by China, India, Russia, and the United Kingdom, which also increased their defense expenditures by 14%, 5%, 6.8%, and 13%, respectively.
In 2022, the war between Russia and Ukraine fueled the need to reassess the operational readiness of the armed forces globally. Groups such as NATO nations are undergoing fleet modernization and expansion programs with new procurement of transport aircraft.
The active fleet of military transport aircraft grew by around 0.4% from 2016 to 2021. North America and Asia-Pacific are accountable for 24% and 23% of the total transport aircraft active fleet globally.

Competitive Landscape

The Global Military Transport Aircraft Market is fairly consolidated, with the top five companies occupying 97.69%. The major players in this market are Airbus SE, Lockheed Martin Corporation, PIAGGIO AERO INDUSTRIES S.p.A, The Boeing Company and United Aircraft Corporation (sorted alphabetically).

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Table of contents

1 EXECUTIVE SUMMARY & KEY FINDINGS

2 REPORT OFFERS

3 INTRODUCTION
3.1 Study Assumptions & Market Definition
3.2 Scope of the Study?
3.3 Research Methodology

4 KEY INDUSTRY TRENDS
4.1 Gross Domestic Product
4.2 Active Fleet Data
4.3 Defense Spending
4.4 Regulatory Framework
4.5 Value Chain Analysis

5 MARKET SEGMENTATION
5.1 Region
5.1.1 Asia-Pacific
5.1.1.1 Australia
5.1.1.2 China
5.1.1.3 India
5.1.1.4 Indonesia
5.1.1.5 Japan
5.1.1.6 Malaysia
5.1.1.7 Philippines
5.1.1.8 Singapore
5.1.1.9 South Korea
5.1.1.10 Thailand
5.1.1.11 Rest Of Asia-Pacific
5.1.2 Europe
5.1.2.1 France
5.1.2.2 Germany
5.1.2.3 Italy
5.1.2.4 Netherlands
5.1.2.5 Russia
5.1.2.6 Spain
5.1.2.7 UK
5.1.2.8 Rest Of Europe
5.1.3 Middle East And Africa
5.1.3.1 Algeria
5.1.3.2 Egypt
5.1.3.3 Qatar
5.1.3.4 Saudi Arabia
5.1.3.5 South Africa
5.1.3.6 Turkey
5.1.3.7 United Arab Emirates
5.1.3.8 Rest Of Middle East And Africa
5.1.4 North America
5.1.4.1 Canada
5.1.4.2 Mexico
5.1.4.3 United States
5.1.4.4 Rest Of North America
5.1.5 South America
5.1.5.1 Brazil
5.1.5.2 Chile
5.1.5.3 Colombia
5.1.5.4 Rest Of South America

6 COMPETITIVE LANDSCAPE
6.1 Key Strategic Moves
6.2 Market Share Analysis
6.3 Company Landscape
6.4 Company Profiles
6.4.1 Airbus SE
6.4.2 Antonov
6.4.3 Bombardier Inc.
6.4.4 Korea Aerospace Industries
6.4.5 Lockheed Martin Corporation
6.4.6 PIAGGIO AERO INDUSTRIES S.p.A
6.4.7 PT Dirgantara Indonesia
6.4.8 The Boeing Company
6.4.9 United Aircraft Corporation

7 KEY STRATEGIC QUESTIONS FOR AVIATION CEOS

8 APPENDIX
8.1 Global Overview
8.1.1 Overview
8.1.2 Porter's Five Forces Framework
8.1.3 Global Value Chain Analysis
8.1.4 Market Dynamics (DROs)
8.2 Sources & References
8.3 List of Tables & Figures
8.4 Primary Insights
8.5 Data Pack
8.6 Glossary of Terms

Companies Mentioned
 - Airbus SE
- Antonov
- Bombardier Inc.
- Korea Aerospace Industries
- Lockheed Martin Corporation
- PIAGGIO AERO INDUSTRIES S.p.A
- PT Dirgantara Indonesia
- The Boeing Company
- United Aircraft Corporation

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.

The data is gathered from a wide range of sources, including industry reports, government statistics, and company financials. This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary interviews are conducted with industry experts and key stakeholders to gather their insights and perspectives on the market. This information is then combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis is also carried out to understand the impact of external factors on the market. Finally, country-level data analysis is performed to understand the market dynamics in specific regions and countries.

Reportlinker's market research methodology is designed to provide clients with a clear understanding of the market, its trends, and its future potential.