The global special mission aircraft market was valued at usd 11.37 billion in 2016 and is projected to reach usd 15.98 billion by 2025, growing at a cagr of 3.85% from 2017 to 2025 and top key players are textron inc., saab ab, northrop grumman , lockheed

The Global Special Mission Aircraft Market was valued at USD 11.37 billion in 2016 and is projected to reach USD 15.98 billion by 2025, growing at a CAGR of 3.85% from 2017 to 2025. Special mission aircraft are versatile aircraft that can be used by all three sectors of the armed forces for various operations. Special mission aircraft are equipped with surveillance equipment to detect the movement of enemy units but usually lack major offensive weapons. These aircraft have capabilities in areas such as maritime patrol as well as anti-submarine and airborne early warning and control. They can be used in both military and non-military missions.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Development of EW counter measure system in aircrafts
1.2 Growing terrorism and insurgencies due to conflict
1.3 Rising investments by governments in defense sector
2. Market Restraints
2.1 Lack of expertise and trained pilots

Market Segmentation:
The Global Special Mission Aircraft Market is segmented on the Application, Operation, and region.

1. By Application:
1.1 Armed Forces
1.2 Aircraft Suppliers
1.3 Aircraft Pilot Training Bodies
1.4 Software/Hardware/Service and Solution Providers
1.5 Consultants
1.6 Ministry of Defense
1.7 Aircraft Manufacturers
1.8 Technology Support Providers
1.9 Regulatory Bodies
1.10 Air Force
1.11 Naval Forces

2. By Operation:
2.1 Army
2.2 Air Force
2.3 Naval Force

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3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Textron Inc.
2. SAAB AB
3. Northrop Grumman
4. Lockheed Martin Corporation
5. Bombardier
6. Israel Aerospace Industry Ltd. (IAI)
7. Boeing
8. Gulfstream Aerospace
9. Siemens AG

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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