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Military Transport Aircraft Market 2019 | Rising Status of Key Players, Industry Size & Share, Growth Factors, New Technologies Revenue Forecast by 2024

Military

The “Military Transport Aircraft Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Military Transport Aircraft market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Military Transport Aircraft market is provided in detail in the report.

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Military Transport Aircraft Market Covers Key Players:

  • Airbus SE
  • Aviation Industry Corporation of China (AVIC)
  • Leonardo SpA
  • Rostec
  • Lockheed Martin Corporation
  • Embraer SA
  • Ukroboronprom (Antonov)
  • United Aircraft Corporation (Ilyushin)
  • The Boeing Company

    Market Overview:

  • The global military transport aircraft market is anticipated to register a CAGR of 0.6% (approximate) during the forecast period, 2019-2024. The market is expected to reach a value of USD 25 billion by 2024.
  • Growing defense spending in Asia-Pacific and the Middle Eastern regions.
  • The market is also driven by the need for replacement of the aging fleet of transport aircraft, as few countries have aircraft that have been operational for over 50 years.
  • New aircraft programs, such as Ilyushin Il-112V, Xi’an Y-20, and Antonov An-188 can generate demand, as countries look for aircraft with advanced features.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Military Transport Aircraft Market opportunities and recommendations for new investments

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    Scope of the Report:

  • Military cargo aircraft or transport aircraft are typically fixed wing and rotary wing aircraft that are used to carry troops, weapons, and other military equipment to any area of military operations across the world. Some military transport aircraft perform multi-role duties, such as aerial refueling, as well as rescue missions, and tactical, operational, and strategic airlifts onto unprepared runways. Transport aircraft modernization has been included in the report.

    Key Market Trends:

    Fixed-wing Aircraft Segment will Dominate the Military Transport Aircraft market in the Future

    Fixed-wing transport aircraft are defined usually by their range, payload, role, and speed. Fixed-wing transport aircraft are used for transporting fuel to support aerial refueling of fighter jets that have a limited flight endurance. Smaller military cargo aircraft are often used to transport military communications equipment as permanent or temporary platforms, or even as an air ambulance.

    Countries, such as the United States, India, Russia, and the United Kingdom, are currently considering newer generation fixed-wing aircraft to replace its aging fleet or to expand its current fleet size. Growing defense budget allocation is likely to support the motive of the armed forces of these countries to purchase these new aircraft in the near future. In the past year, the United States launched a congressional mandated study in order to determine the number of military transport aircraft they require for supporting future military operations in the country.

    Asia-Pacific will Experience Highest Growth

    China and India play a major role in generating a huge demand for military aircraft in the region. Currently, both these countries are among the top five defense spending countries in the world. India is also considering to upgrade the Avro Hawker Siddeley HS748 fleet of transport aircraft. India also plans to replace a few aging transport aircraft with new C-295 aircraft. Over the years, China has successfully designed and developed its own heavy military transport aircraft Y-20. Recently, China Air Force received a batch consisting of five Y-20 aircraft. China is also expanding its special mission versions of Y-9 aircraft. Likewise, Japan also has 17 V-22 Osprey aircraft on orders, which are expected to be delivered during the forecast period. New Zealand also plans to replace its aging fleet of C-130J aircraft with KC-390 aircraft in the next few years. Increasing orders are likely to propel the Asia-Pacific military transport aircraft market to grow at a rapid pace during the forecast period.

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    Detailed TOC of Military Transport Aircraft Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Industry Attractiveness- Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Aircraft Type
    5.1.1 Fixed-wing Aircraft
    5.1.2 Rotary Aircraft
    5.2 Geography
    5.2.1 North America
    5.2.1.1 United States
    5.2.1.2 Canada
    5.2.1.3 Rest of North America
    5.2.2 Europe
    5.2.2.1 France
    5.2.2.2 United Kingdom
    5.2.2.3 Russia
    5.2.2.4 Rest of Europe
    5.2.3 Asia-Pacific
    5.2.3.1 China
    5.2.3.2 India
    5.2.3.3 Japan
    5.2.3.4 Rest of Asia-Pacific
    5.2.4 South America
    5.2.4.1 Brazil
    5.2.4.2 Rest of South America
    5.2.5 Middle East & Africa
    5.2.5.1 United Arab Emirates
    5.2.5.2 Saudi Arabia
    5.2.5.3 South Africa
    5.2.5.4 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Vendor Market Share
    6.2 Company Profiles
    6.2.1 Airbus SE
    6.2.2 Aviation Industry Corporation of China (AVIC)
    6.2.3 Leonardo SpA
    6.2.4 Rostec
    6.2.5 Lockheed Martin Corporation
    6.2.6 Embraer SA
    6.2.7 Ukroboronprom (Antonov)
    6.2.8 United Aircraft Corporation (Ilyushin)
    6.2.9 The Boeing Company

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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