London, UK (PRWEB) December 15, 2011
In 2011, the global military aircraft market was worth USD 38 billion and is expected to value USD 71.9 billion by 2021, growing at 6.58% CAGR during the forecast period. Internal and external security threats, territorial disputes and modernization initiatives undertaken by armed forces worldwide will be among the key growth drivers. The US is going to dominate the market during the reviewed period, followed closely by Europe and the Asia-Pacific. Notwithstanding the recent recession, Europe’s share of the global market is forecast to increase due to such factors as the need to replace ageing military aircraft, an arms race and the border disputes among various nations.
The multi-role aircraft is expected to account for the highest proportion of spending in the world military aircraft market, followed by transport aircraft and reconnaissance and surveillance aircraft.
New market research report “The Global Military Aircraft Market 2011–2021” drawn up by iCD Research has been recently published by Market Publishers Ltd.
Title: The Global Military Aircraft Market 2011–2021
Published: December, 2011
Price: US$ 4,800
The research report provides true and unbiased insights into the global military aircraft market dynamics. It particular, the study covers:
- global military aircraft systems market size and drivers through 2011–2021;
- recent development and industry challenges.
- granular SWOT analysis of the military aircraft market;
- analysis of the key markets in each region, including an overview of the top segments of military aircraft expected to be in demand;
- details of the major programs in each segment expected to be executed during the forecast period;
- detailed analysis of competitive landscape of the military aircraft industry.
1.1 What is this Report About?
1.3 Summary Methodology
1.4 About Strategic Defense Intelligence
2 Executive Summary
3 Global Military Aircraft Market Size and Drivers
3.1 Military Aircraft Market Size and Forecast 2011–2021
3.1.1 Global military aircraft market to show robust growth during the forecast period
3.2 Global Military Aircraft Market – Regional Analysis
3.2.1 North America dominates the global military aircraft market
3.2.2 Demand for multi role aircraft in the US to support the global military aircraft market
3.2.3 Demand for military aircraft in Europe expected to increase despite defense budget cuts
3.2.4 The market for multi-role aircraft in Asia-Pacific expected to grow at a CAGR of XX% during the forecast period
3.2.5 Markets in the Middle East to record robust spending on military aircraft
3.2.6 Brazil developing transport aircraft domestically in collaboration with Argentina, Czech Republic and Chile
3.2.7 Markets in Africa expected to decline during the forecast period
3.3 Military Aircraft Market Size by Category Composition
3.3.1 Attack aircraft to record strong CAGR growth
3.3.2 Market size of attack aircraft expected to grow at a CAGR of XX% during the forecast period
3.3.3 Market size of transport aircraft expected to rise at a CAGR of XX% during forecast period
3.3.4 Market for bombers expected to increase and reach US$XX billion by 2021
3.3.5 Reconnaissance and surveillance aircraft expected to grow at a CAGR of XX% during the forecast period
3.3.6 Global market for multi-role aircraft expected to increase during the forecast period
3.3.7 Global market for training aircraft expected to rise at a CAGR of XX% to 2021
3.4 Demand Drivers and Growth Stimulators
3.4.1 Replacing the ageing fleet of many countries to support demand for military aircraft
3.4.2 Heightened global tensions warrants the demand for military aircraft
3.5 Defense Budget Spending Review
3.5.1 European capital expenditure expected to increase during the forecast period
3.5.2 Asian defense budgets expected to increase at a robust pace
3.5.3 North American defense expenditure projected to decline marginally during the forecast period
3.5.4 Modernization programs expected to drive defense expenditure in South American countries
3.5.5 Military budgets of African countries expected to increase during the forecast period
3.5.6 Defense budgets of Middle Eastern countries expected to increase during the forecast period
3.6 Defense Modernization Review
3.6.1 Financial constraints causing delays in European defense modernization programs
3.6.2 Defense budgets of Asian countries expected to be driven by competitive arms acquisitions
3.6.3 Global economic slowdown leading to defense budget cuts in the North American region
3.6.4 Need to replace aging equipment driving South American defense expenditure
3.6.5 Security threats increasing the defense budget of African countries
3.6.6 Demand for air defense systems is expected to increase in the Middle East
More new market research reports by the publisher can be found at iCD Research page.