Military Transport Aircraft Market Top Key Players - Thales Group, Boeing Company, L3Harris Technologies, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies, Directed Energy Technologies Inc., General Atomics, Elbit Systems,
Commercial transport aircraft are the most intricately designed non-military vehicles due to their technological complexity, high initial prices and long service life, with substantial R&D resources invested every year to further refine their design. In addition, since nearly all of these planes are sold to lucrative air carriers, it should come as no surprise that once passenger handling needs are met, minimizing direct operating costs becomes a top priority (DOC).
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GLOBAL MILITARY TRANSPORT AIRCRAFT MARKET DEVELOPMENTS AND INNOVATIONS
• PLA’s Y-9 transport aircraft makes record-breaking 40 hours flight – China
• New Airbus transport aircraft to replace IAF’s Avro planes – India
GLOBAL MILITARY TRANSPORT AIRCRAFT MARKET DYNAMICS
• As global tensions increase, governments are working to improve their capabilities and support in air combat. Some countries are investing in upgrading or replacing their fleet of older transport aircraft with newer models. Over the past few years, many transport aircraft have been purchased and upgraded in this sector due to the increase in defense spending in several countries around the world.
• Airborne refueling has become increasingly important for military aviation. The armed forces of the world are increasing the number of aircraft that can be refueled in the air, as this ability will increase the range. The largest buyer of transport aircraft in the region is the United States, which spends the most in the world on defense. The American fleet of transport aircraft and helicopters is the largest in the world. In the near future, the government also intends to expand the fleet of transport aircraft.
GLOBAL MILITARY TRANSPORT AIRCRAFT MARKET SEGMENTATION
The Global Military Transport Aircraft market can be segmented into following categories for further analysis.
By Vehicle Infrastructure Type
• Light Aircraft
• Heavy Aircraft
• Passenger Mixed based Aircraft
• Cargo Based Multi Model Aircraft
• Combat Role
• Non-Combat Role
By Class of Propulsion
• Partial Electric based Commercial Aircraft
• Special Fuel Hybrid based Commercial Aircraft
By Construction Type
• Fixed Wing Aircraft
• Rotary Wing Aircraft
• Delta Wing Aircraft
By Construction Fitting Capability
• Line Fit Capability
• Retro Fit Capability
By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region
RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL MILITARY TRANSPORT AIRCRAFT MARKET
• Military transport planes are essential in combat. They perform several critical tasks, including transporting troops, weapons, and other military equipment to makeshift runways in hazardous locations, and performing multi-tasking tasks such as airborne refueling, intelligence gathering, and rescue operations. Here are some of the world's largest military transport aircraft, measured in tonnes of cargo.
• There was a gulf between national achievements and the capabilities of advanced aviation countries in the field of air breathing engines; Regardless, the industry needs to step up collaborative efforts to jump over and catch up. High thrust turbofan engines are essential in military fighters and transport aircraft. Three-dimensional adjustable thrust nozzles should be standard equipment on every new aircraft. In addition to the variable bypass engine, other basic engine technologies will need to be developed, including single crystal blade design, high temperature materials and combustion chamber designs, and CFD programs.
• Thales Group
• Boeing Company
• L3Harris Technologies
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Technologies
• Directed Energy Technologies Inc.
• General Atomics
• Elbit Systems
• Honeywell Systems and Manufacturing Inc.
• QinetiQ Group PLC
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