Global Emphasis On Airborne Security Drives Fighter Aircraft Market Growth: Strengthening the Growth Trajectory of the Fighter Aircrafts Market

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Fighter Aircrafts Market Through 2025?
The market size for fighter aircrafts has seen substantial growth in the past few years. It is projected to increase from a value of $97.52 billion in 2024 to $105.71 billion in 2025, yielding a compound annual growth rate (CAGR) of 8.4%. Factors contributing to growth during the historical period include national defense needs, geopolitical conflicts, advancements in technology, and export prospects.

What's the Projected Size of the Global Fighter Aircrafts Market by 2029?
The market size for fighter aircrafts is predicted to exhibit robust growth in the forthcoming years. By 2029, it is expected to reach a value of $137.75 billion, growing at a compound annual growth rate (CAGR) of 6.8%. This growth during the forecast period is due to factors like aircraft lifecycle management, environmental considerations, regional disruptions and strategic alliances. Noteworthy trends during this projection period encompass stealth technology, unmanned combat aerial vehicles (ucavs), state-of-the-art sensor and avionics systems and supersonic and hypersonic technologies.

View the full report here:
https://www.thebusinessresearchcompany.com/report/fighter-aircrafts-global-market-report

Top Growth Drivers in the Fighter Aircrafts Industry: What's Accelerating the Market?
Nations worldwide are making efforts to improve their air warfare proficiencies to reinforce airborne security. The burgeoning focus on skyward safety is predicted to escalate demand for fighter planes, hence driving the expansion of the fighter aircraft industry. For example, the Ministry of Defense, a government agency in India responsible for national security, reported in September 2023 that the Defense Acquisition Council (DAC) had greenlighted plans to purchase a variety of weapon systems and platforms. This included the Dhruvastra short-range air-to-ground missile and 12 Su-30 MKI combat planes.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3994&type=smp

What Trends Will Shape the Fighter Aircrafts Market Through 2029 and Beyond?
Leading enterprises in the fighter aircraft market are concentrating on strategic investments to bolster their technical prowess, create cutting-edge combat systems, and augment the overall efficiency of their aircraft. The primary focus of these investments is to integrate stealth technology, artificial intelligence, and driverless systems, in an attempt to align with the progressing defense needs and maintain their global market advantage. To illustrate, in April 2024, the United States Air Force, a US defense force, declared an annual spending of $6.6 million for the operation and maintenance of an average F-35A fighter jet. These advancements highlight the persistent difficulties in managing the financial implications and operational preparedness associated with the F-35 program.

What Are the Main Segments in the Fighter Aircrafts Market?
The fighter aircrafts market covered in this report 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

Subsegments:
1) By Conventional Take-Off And Landing (CTOL): Single-Engine Fighter Aircraft, Twin-Engine Fighter Aircraft, Multi-Role Fighter Aircraft, Carrier-Based Fighter Aircraft
2) By Short Take-Off And Landing (STOL): Light Fighter Aircraft, Close Support Fighter Aircraft, Tactical Fighter Aircraft
3) By Vertical Take-Off And Landing (VTOL): V Or STOL Fighter Aircraft, Tilt-Rotor Fighter Aircraft, Naval Fighter Aircraft (Harrier-Style Aircraft)

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=3994&type=smp

Which Top Companies are Driving Growth in the Fighter Aircrafts Market?
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

Which Regions Will Dominate the Fighter Aircrafts Market Through 2029?
Asia-Pacific was the largest region in the fighter aircraft market in 2023. Western Europe is expected to be the fastest-growing region in the fighter aircrafts market during the forecast period. The regions covered in the fighter aircrafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3994

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.