Global Connected Military Aircraft Market is valued approximately at USD xxx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. The connected military aircraft enables the aircraft pilot to access information from the internet while flying at high altitude. Furthermore, the concepts of connected aircraft may increase aircraft's operational efficiency as well as communications, navigation, and surveillance for air traffic management. The Connected Military Aircraft market is expanding because of factors such as rising demand for connected military aircraft and growing defense spending. Connected military aircraft systems provide real-time weather information, allowing the pilot to modify direction to avoid thunderstorms and turbulence. Furthermore, connected military aircraft increases security by ensuring data integrity and minimizing vulnerabilities across a wide range of communication systems, as well as supporting frameworks and processes. Its importance has progressively increased during the last few decades.
According to Statista, in 2021, the F-16 accounted for around 15% of the world total, with an active fleet of 2,248 aircraft. In that year,14,713 combat aircraft were listed in military inventories worldwide. Furthermore, with just over 14,500 military aircraft, Asia-Pacific is the region with the highest number of military aircraft in 2021. Another important factor drives the market is increase in defense spending. According to Statista, The United States led the ranking of countries with highest military spending in 2021, with USD 801 billion dedicated to the military. That constituted 38 percent of the total military spending worldwide that year, which amounted to USD 2.1 trillion. in 2019, the United States military expenditure amounted to 3.4% of the U.S. gross domestic product. In addition, Saudi Arabia spent the most on its military as a percentage of its GDP in 2021, with 6.6%, followed by Russia with 4.1%. Also, rising technological advancements in military aircraft and rising government initiatives on modernization of military aircraft would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Connected Military Aircraft stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Connected Military Aircraft Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 holding the largest market share owing to the growing demand for specialized and advanced aircrafts. According to the Statista, the number of aircraft in the United States in 2021, estimates holding that the general aviation fleet was 204,405 aircraft. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing focus on development of new aircrafts in countries such as China and growing defense spending in India.
Major market player included in this report are:
- Safran S.A.
- GOGO LLC.,
- Inmarsat Global Limited,
- Honeywell International Inc,
- Panasonic Avionics Corporation,
- Global Eagle,
- Airbus S.A.S.,
- BAE Systems plc
- Cobham Limited,
- Thales Group,
Recent Developments in the Market:
- In May 2023, Honeywell and Thales have been chosen by Airbus to deliver the next-generation flight management system for new A320, A330, and A350 twinjets, with service to be scheduled by the year 2026.
Global Connected Military Aircraft Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, System, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
- The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type
By Application
- Combat
- Military Transport
- Airborne Early Warning & Control
- Reconnaissance & Surveillance
By System
- Airframe
- Engine
- Avionics
- Landing Gear System
- Weapon System
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Connected Military Aircraft Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Connected Military Aircraft Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Connected Military Aircraft Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Connected Military Aircraft Market, by System, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Connected Military Aircraft Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Connected Military Aircraft Market Dynamics
- 3.1. Connected Military Aircraft Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rise in demand for connected military aircraft
- 3.1.1.2. Growing defence spending
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Connected Military Aircraft
- 3.1.2.2. Lack of skilled professional to operates Connected Military Aircraft
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising technological advancements in Military Aircraft
- 3.1.3.2. Rising government initiatives on modernization of military aircraft
Chapter 4. Global Connected Military Aircraft Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Connected Military Aircraft Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Connected Military Aircraft Market by Type, Performance - Potential Analysis
- 5.3. Global Connected Military Aircraft Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Connected Military Aircraft Market, Sub Segment Analysis
- 5.4.1. Fixed Wing
- 5.4.2. Rotary Blade
Chapter 6. Global Connected Military Aircraft Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Connected Military Aircraft Market by Application, Performance - Potential Analysis
- 6.3. Global Connected Military Aircraft Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Connected Military Aircraft Market, Sub Segment Analysis
- 6.4.1. Combat
- 6.4.2. Military Transport
- 6.4.3. Airborne Early Warning & Control
- 6.4.4. Reconnaissance & Surveillance
Chapter 7. Global Connected Military Aircraft Market, by System
- 7.1. Market Snapshot
- 7.2. Global Connected Military Aircraft Market by System, Performance - Potential Analysis
- 7.3. Global Connected Military Aircraft Market Estimates & Forecasts by System 2020-2030 (USD Billion)
- 7.4. Connected Military Aircraft Market, Sub Segment Analysis
- 7.4.1. Airframe
- 7.4.2. Engine
- 7.4.3. Avionics
- 7.4.4. Landing Gear System
- 7.4.5. Weapon System
Chapter 8. Global Connected Military Aircraft Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Connected Military Aircraft Market, Regional Market Snapshot
- 8.4. North America Connected Military Aircraft Market
- 8.4.1. U.S. Connected Military Aircraft Market
- 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. System breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Connected Military Aircraft Market
- 8.5. Europe Connected Military Aircraft Market Snapshot
- 8.5.1. U.K. Connected Military Aircraft Market
- 8.5.2. Germany Connected Military Aircraft Market
- 8.5.3. France Connected Military Aircraft Market
- 8.5.4. Spain Connected Military Aircraft Market
- 8.5.5. Italy Connected Military Aircraft Market
- 8.5.6. Rest of Europe Connected Military Aircraft Market
- 8.6. Asia-Pacific Connected Military Aircraft Market Snapshot
- 8.6.1. China Connected Military Aircraft Market
- 8.6.2. India Connected Military Aircraft Market
- 8.6.3. Japan Connected Military Aircraft Market
- 8.6.4. Australia Connected Military Aircraft Market
- 8.6.5. South Korea Connected Military Aircraft Market
- 8.6.6. Rest of Asia Pacific Connected Military Aircraft Market
- 8.7. Latin America Connected Military Aircraft Market Snapshot
- 8.7.1. Brazil Connected Military Aircraft Market
- 8.7.2. Mexico Connected Military Aircraft Market
- 8.8. Middle East & Africa Connected Military Aircraft Market
- 8.8.1. Saudi Arabia Connected Military Aircraft Market
- 8.8.2. South Africa Connected Military Aircraft Market
- 8.8.3. Rest of Middle East & Africa Connected Military Aircraft Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Safran S.A
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. GOGO LLC.,
- 9.3.3. Inmarsat Global Limited,
- 9.3.4. Honeywell International Inc,
- 9.3.5. Panasonic Avionics Corporation,
- 9.3.6. Global Eagle,
- 9.3.7. Airbus S.A.S.,
- 9.3.8. BAE Systems plc
- 9.3.9. Cobham Limited,
- 9.3.10. Thales Group
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption