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Fighter Aircrafts Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region | Lockheed Martin Corporation, Airbus SE, The Boeing Company, BAE Systems, Russian Aircraft Corporation MiG
Fighter Aircrafts Global Market Report
The Business Research Company's Fighter Aircrafts Global Market Report 2023 identifies the increase in defense expenditure is expected to propel the growth of the fighter aircrafts market going forward. Defense expenditure refers to the amount of money a country spends on its military and national security, including the funding of armed forces, equipment, and related activities. Defense expenditure allocated to fighter aircraft primarily funds the procurement, development, and maintenance of advanced aerial combat platforms, enhancing a nation's airpower capabilities.
The fighter aircrafts market size has grown strongly in recent years. It will grow from $122.12 billion in 2023 to $132.43 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to national defense, geopolitical tensions, technology advancements, export opportunities. The fighter aircrafts market size is expected to see strong growth in the next few years. It will grow to $170.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.
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Major companies operating in the fighter aircrafts market include Lockheed Martin Corporation, Airbus SE, The Boeing Company, BAE Systems, Russian Aircraft Corporation MiG, Saab AB, Dassault Aviation SA, PJSC Sukhoi Company, KAI, Hindustan Aeronautics Limited, Alenia Aermacchi, Shenyang Aircraft Corporation, United Aircraft Corporation, Chengdu Aircraft Industrial Group Co. Ltd., Mitsubishi Heavy Industries Ltd., Korea Aerospace Industries, Embraer S.A., Leonardo S.p.A., Eurofighter GmbH, Yakovlev Design Bureau, General Dynamics Corporation, Northrop Grumman Corporation, McDonnell Douglas Corporation, Mikoyan-Gurevich Design Bureau, Safran Aircraft Engines, Rolls-Royce Holdings PLC, Pratt & Whitney, Honeywell Aerospace, General Electric Aviation, Aero Vodochody, Kawasaki Heavy Industries, Sukhoi Civil Aircraft Company
A key trend in the Fighter Aircrafts market includes the Major players operating in the fighter aircraft industry are focusing on automation in the manufacturing line to reduce manufacturing time and labor costs, which is likely to be a leading trend in the fighter aircraft market.
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The Fighter Aircrafts market is segmented -
1) By Type: Conventional Take-Off and Landing, Short Take-Off and Landing, Vertical Take-Off and Landing
2) By System: Airframe, Engine, Avionics, Landing Gear System, Weapon System
3) By Application: Homeland Security, Defense, Others
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fighter Aircrafts market.
The Business Research Company's "Global Fighter Aircrafts Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Fighter Aircrafts Market Include:
1. Executive Summary
2. Fighter Aircrafts Market Characteristics
3. Fighter Aircrafts Market Trends And Strategies
4. Fighter Aircrafts Market - Macro Economic Scenario
5. Fighter Aircrafts Market Size And Growth
……
27. Fighter Aircrafts Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fighter Aircrafts Market
29. Fighter Aircrafts Market Future Outlook and Potential Analysis
30. Appendix
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