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A military aircraft is any fixed-wing or rotary-wing aircraft that is operated by a legal or insurrectionary armed service of any type.
The Largest region is Asia-pacific which is nearly 38%. China and India play a major role in generating a huge demand for military aircraft in the region. North America is the second largest consumption region with market share over 22%. The USA is the largest defense spending country.
Market Analysis and Insights: Global Military Aircraft Market
The global Military Aircraft market is valued at US$ 55400 million in 2019. The market size will reach US$ 61990 million by the end of 2026, growing at a CAGR of 1.6% during 2021-2026.
Global Military Aircraft Scope and Segment
Military Aircraft market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Military Aircraft market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Combat Aircraft
Non-combat Aircraft
Military aircraft are divided into combat aircraft and non-combat aircraft. In 2018, the latter accounted for a large share of the market, about 56.58%
Segment by Application
Search and Rescue
National Defense
Military Exercises
The most popular area for military aircraft is search and rescue, at about 54 %. Military exercises came second,occupied 28.5% in 2018.
By Company
Lockheed Martin
AVIC
Boeing
Airbus
United Aircraft Corporation
Mitsubishi Heavy Industries
Leonardo SpA
Embraer
Kawasaki Heavy Industries
Korea Aerospace Industries
Pilatus Aircraft
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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