Insights on the Military Training Aircraft Global Market to 2030 - Featuring Diamond Aircraft Industries, Embraer and BAE Systems Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 25, 2021--
The “Military Training Aircraft Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2030)” report has been added to ResearchAndMarkets.com’s offering.
The military training aircraft market is estimated to witness a CAGR of over 3% during the forecast period (2021 - 2030).
- Rostec (Irkut Corporation)
- Hindustan Aeronautics Ltd
- Diamond Aircraft Industries
- Embraer SA
- Northrop Grumman Corporation
- The Boeing Company
- BAE Systems PLC
- Pilatus Aircraft Ltd
- Textron Inc.
- Leonardo S.p.A.
- Lockheed Martin Corporation
- Raytheon Technologies Corporation
Key Market Trends
The Fixed-wing Aircraft Segment is Projected to Register the Highest CAGR During the Forecast Period
Currently, the fixed-wing aircraft segment has the highest share among all the segments. The increasing number of developments, in terms of fixed-wing military trainer aircraft, and the increasing number of trainer programs, may lead to the growth of the segment. Moreover, the introduction of various new fighter aircraft by manufacturers, worldwide, may lead to countries requiring trainer aircraft, in order to train their pilots. In October 2020, Airbus unveiled a trainer jet program for the Spanish Air Force that will replace the F-5 advanced training aircraft fleet currently in service.
The future trainer aircraft are anticipated to provide pilot training for the Future Combat Air System (FCAS) and New Generation Fighter (NGF) programs. The Airbus Future Jet Trainer (AFJT) will provide trainer aircraft with advanced avionics that is capable of simulating current and future complex scenarios. The prototype of the aircraft is expected to be developed by 2025 and deliveries are expected to be begun by 2027. In addition, India is in the line to conduct the first flight for its homegrown HTT 40 basic trainer aircraft. The prototype aircraft, after its testing operations, may be used for the first-stage training of all flying cadets. Currently, India relies on the Pilatus PC7 MK2 trainer, which was purchased after the grounding of the older fleet of HPT 32 trainers. The introduction of the new trainer aircraft in the Indian Air Force is likely to help the pilots get a better training experience. Thus, the upcoming developments are expected to increase the focus on this segment and drive the growth rate.
North America will Continue to Hold a Major Share in the Military Trainer Aircraft Market Between 2021 and 2030
Presently, North America is generating the highest revenue in the military trainer aircraft market. The North American region is witnessing significant developments related to military trainer aircraft. New technical solutions and the application of modern technologies have led to the introduction of various combat aircraft configurations, with a significant improvement in reliability, flight performance, and operational performance, through the creation of new features that enhance the ability to integrate sensors and process information.
The United States is involved in the development of new, hi-tech fighter jets, and it is currently planning to replace the aging trainer aircraft and procure newer generation of trainer aircraft to train the pilots. Currently, Boeing T-X aircraft is a new, advanced pilot training system that is being offered by Boeing, in partnership with Saab, for the T-X advanced pilot training program of the US Air Force (USAF). The T-X aircraft is intended to replace the aging T-38 trainer fleet of the United States Air Force (USAF). In 2018, Aero Vodochody, a Czech aircraft manufacturer, and Israel Aerospace Industries entered a partnership, to pitch variants of the L-159 and L-39NG jets to the US Air Force and Marine Corps, as light attack platforms. In partnership with IAI, Aero may offer the USAF a multi-mission aircraft, with the best available technology, thereby, increasing the potential of the US Air Force. The increasing number of deliveries of fighter aircraft is likely to lead to the US procuring more trainer aircraft.
Additionally, Airbus helicopter reported its plans to introduce the versatile and market-leading H135 aircraft as the future training helicopter for the US Navy, at the Naval Helicopter Association’s Fleet Fly-in at Naval Air Station Whiting Field in Pensacola, Florida, in October 2019. Airbus pilots may also conduct orientation flights with the US Navy pilots and other stakeholders, to demonstrate the capabilities of the H135 trainer aircraft. Additionally, the helicopter has been equipped with the most advanced technologies available, like 4-axis autopilot and One Engine Inoperable (OEI) training mode.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter’s Five Forces Analysis
5 MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 Aircraft Type
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/2jclwo
View source version on businesswire.com:https://www.businesswire.com/news/home/20211125006013/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: DEFENSE AEROSPACE MANUFACTURING OTHER DEFENSE
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 11/25/2021 08:32 AM/DISC: 11/25/2021 08:32 AM