Global Special Mission Aircraft Market
Report Highlights
Special Mission Aircraft Market Size And Forecast
According to Verified Market Research, The Global Special Mission Aircraft Market was valued at USD 12.71 billion in 2019 and is projected to reach USD 16.83 billion by 2027, growing at a CAGR of 3.85% from 2020 to 2027.
Special Mission Aircraft Market Outlook
The market for the special mission aircrafts is anticipated to grow at a significant rate over the forecast period owing to several factors, such as growing conflicts among countries, growing requirement to curb illegal activities piracy, drug trafficking, & terrorism, rising adoption of technology in the field and growing investment by the government in defense and military sector. The popularity of the special mission aircraft and the amount of active engagement is increasing due to the crucial part they play in sustaining the opponents.
Global Special Mission Aircraft Market, Segment Analysis
The Special Mission Aircraft Market is segmented on the basis of Operation, Application, and Geography.
Special Mission Aircraft Market Competitive Landscape
The Global Special Mission Aircraft market is highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include Northrop Grumman, Lockheed Martin Corporation, Textron Inc., Boeing and Bombardier among others.
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Global Special Mission Aircraft Market
The Global Special Mission Aircraft Market was valued at USD 11.37 billion in 2016 and is projected to reach USD 15.98 billion by 2025, growing at a CAGR of 3.85% from 2017 to 2025.
Special mission aircraft are versatile aircraft that can be used by all three sectors of the armed forces for various operations. Special mission aircraft ...