Global Military Trainer Aircraft Market
The End Users are primarily the military forces, air-service providing companies and the pilot training institutions.
The following factors are significant in deciding the fate of the market:
The development of the military trainer aircraft market occurs in direct proportion with the growth of the military aircrafts. With the rising tensions between several nations, power projection, border conflicts and direct wars the military aircraft industry is flourishing and with it the trainer air vessels.
The developing nations of the Asia-Pacific and the Middle East are boosting their military arsenal. This directly helps in the growth of the industry. The developed nations on the other hand already have a mature market the need being the periodic replacement of the trainer aircrafts.
Decline in the military budgets on several nations like the US is the major factor that hinders the growth of the industry.
These aircrafts need replacements after long periods of time. Thus the market has reached a level of saturation in the developed nations.
The recent development of drones and unmanned aircraft vehicles is offering severe competition to the aircraft industry altogether.
Market Opportunities mainly lie in the development of multi-utility vehicles and the implementation of more advanced technologies.
The market could be broadly segmented into the following types:
Based on application:
--> Military transport
--> Assault vehicle
--> Reconnaissance and surveillance
--> Multi-utility vehicle
Based on geography:
--> North America
--> Latin America
--> Middle East and Africa
North America is currently the global leader. Despite its declining defence budget USA is still on the top of the chart.
Following the North America are Europe and the Asia-Pacific.
However, the developing nations of the Asia-Pacific like India and China are witnessing the fastest growth in the industry. The nations of Latin America and the Middle east have also hit positive notes.
Some of the Key players in the globalmarket are as follows:
The Boeing Company - $42.5 bn
Lockheed Martin - $21.95 bn
General Dynamics Corporation - $14.73 bn
Northrop Grumman - $11.88 bn
Safran Group - $9.65 bn
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Rest of Eastern Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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