Strategic Defence Intelligence Market Research Reports

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The Global Military Fixed-Wing Aircraft Market 2017-2027

Posted on 9 March 2017 | 12:00 am by

Global Military Fixed-Wing Aircraft Market is projected to register a CAGR of 4.71% over 2017-2027, growing from US$60.3 billion in 2017 The cumulative market for global expenditure on military aircraft is estimated at US$846 billion over the forecast period. The expenditure on military aircraft is expected to be driven by the ongoing global turmoil, internal and external security threats, fleet replacement programs, modernization strategies and territorial disputes across the world. Major countries across the globe are expected to invest significantly on replacing their aging aircraft fleets. For instance after the wars in Iraq and Afghanistan, the US and other allied countries in Europe, Asia-Pacific, Latin America, and the Middle East were left with worn-out and damaged aircraft and other military equipment. This has resulte

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