London, UK (PRWEB) January 26, 2015
The global military aircraft market is poised to post a CAGR of more than 3% through to 2025, increasing to USD 87.5 billion by the end of the forecast period. The total market is expected to reach a cumulative value of around USD 868 billion over the forecast period. The increased spending on military aircraft is set to be propelled by the continuous global financial turmoil, security threats (internal and external), modernisation strategies, fleet replacement programmes and disputes over territories throughout the globe, among others. Furthermore, in the coming ten years, the emerging economies in Southern Asia and the Middle East are likely to provide military aircraft manufacturers with brighter opportunities largely due to a rapid hike in defense expenditure in the regions.
North America is an unrivaled market leader, with APAC and Europe following in. The U.S. is the frontrunner in global military airplane spending, with a projected cumulative expenditure of close to USD 261 billion cumulatively over the next decade. The huge amount of funds is expected to be allocated by the country’s Department of Defense (DoD) for the procurement of, and the regular modernisation and upgrades to the national military aircraft in the coming years. APAC accounts for nearly 30% of the overall military aircraft market share, with the expenditure being driven mainly by emerging India, China and South Korea, amid others. The increased expenditure in Europe (23% share) is caused by the necessity to replace the ageing aircraft fleet in the majority of nations; the region will likely grow at a 1.8% CAGR by 2025.
New report “The Global Military Fixed-Wing Aircraft Market 2015-2025” prepared by Strategic Defence Intelligence (SDI) is now available at MarketPublishers.com.
Title: The Global Military Fixed-Wing Aircraft Market 2015-2025
Published: January, 2015
Price: US$ 4,800.00
The research study provides a comprehensive analysis of the worldwide military fixed-wing aircraft sector. It provides both historic and forecasted market valuations for the global industry. The report sheds light on the major drivers of demand and market growth propellers, latest developments in the industry along with key challenges faced by the dominant market players. A SWOT analysis of the military aircraft market is included. The study delves into the key regional markets for military fixed-wing aircraft, gives details of the spending and modernisation patterns of various regions of the world, examines the competition in the world market, besides providing a discussion of the leading industry players, with coverage of their strategic incentives, game changing alliances, and financial details.
Reasons to Buy:
- Gain access to detailed analysis of the demand for a slew of military aircraft segments in each of the 10 leading nations, as well as the factors fuelling the demand.
- Stay informed about the competitive scenario in the sector and extensive profiles of the globe’s top providers of military aircraft with insights into their products, recent contract wins, alliances, and financials wherever available.
- Avail of the essential data and information to make the sound business decisions based on a granular market analysis, and to detect declining and emerging markets in the offing.
More new market research reports by the publisher can be found at SDI page.