DUBLIN--(BUSINESS WIRE)--The "Fighter Aircraft Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The fighter aircraft market is estimated to register a CAGR of over 4% during the forecast period (2020-2025).
Companies Mentioned
- Lockheed Martin Corporation
- Saab AB
- The Boeing Company
- Airbus SE
- United Aircraft Corporation
- Chengdu Aircraft Industrial (Group) Co. Ltd
- Hindustan Aeronautics Limited
- BAE Systems PLC
- Dassault Aviation SA
Key Market Trends
Conventional Take-off and Landing is Projected to Register the Highest CAGR during the Forecast Period
Currently, the conventional take-off and landing segment has the largest share of all the segments. Conventional take-off and landing refers to a method in which an aircraft accelerates along the ground until it has enough power for take-off. Most of the fighter aircraft currently manufactured are based on a conventional take-off and landing configuration. Currently, there are various programs that are ongoing, in terms of conventional take-off and landing fighter aircraft. Under the F-35 Joint Strike Fighter (JSF) Program, the US Department of Defense (DOD) is planning to acquire more than 2,400 new generation F-35s. In the total acquisition, more than 1,700 aircraft will be F-35A.
Moreover, the F-35A is expected to replace the F-16 and the F-15 fighter aircraft. Singapore is also planning to replace the country's aging F-16 fighter jets with the F-35 Joint Strike Fighter. Thus, the upcoming developments are expected to increase the focus on this segment, thereby increasing the expected CAGR of the segment.
North America is Expected to Witness the Highest Growth between 2020 - 2025
In the fighter aircraft market, North America is expected to experience the highest growth. In North America, various developments in fighter aircraft, are expected to lead to its high growth. The US Air Force, has been regarded as the supreme air force of the world since the end of the Second World War. Currently, the United States has over 2,000 fighter aircraft, and the US Department of Defense is now focused on upgrading its fighter aircraft fleet.
Additionally, the USAF (the United States Air Force) plans to increase its fighter aircraft squadron from 55 to 65 in the coming years, in order to deal with the growing military might of China and Russia. In 2018, Lockheed Martin announced its plan to develop an updated version of its F-22 Raptor fighter aircraft for the USAF. Lockheed Martin plans to combine the top features of the F-35 and the F-22 aircraft into the F-22 Raptor Hybrid aircraft. Thus, various ongoing developments in fighter aircraft are expected to lead the growth of fighter aircraft in North America in the near future.
Key Topics Covered:
1 INTRODUCTION
1.1 Study Assumptions
1.2 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 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 Take-off and Landing
5.1.1 Conventional Take-off and Landing
5.1.2 Short Take-off and Landing
5.1.3 Vertical Take-off and Landing
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.2 Latin America
5.2.2.1 Mexico
5.2.2.2 Brazil
5.2.2.3 Rest of Latin America
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 Japan
5.2.3.3 India
5.2.3.4 Rest of Asia-Pacific
5.2.4 Europe
5.2.4.1 United Kingdom
5.2.4.2 Germany
5.2.4.3 France
5.2.4.4 Rest of Europe
5.2.5 Middle East & Africa
5.2.5.1 United Arab Emirates
5.2.5.2 Saudi Arabia
5.2.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Lockheed Martin Corporation
6.2.2 Saab AB
6.2.3 The Boeing Company
6.2.4 Airbus SE
6.2.5 United Aircraft Corporation
6.2.6 Chengdu Aircraft Industrial (Group) Co. Ltd
6.2.7 Hindustan Aeronautics Limited
6.2.8 BAE Systems PLC
6.2.9 Dassault Aviation SA
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/1jtlcw
