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Global Special Mission Aircraft Market 2021 COVID-19 Impact, Key Players, Trends, Sales, Supply, Analysis and Forecast 2027

Global Special Missi

iCrowdNewswire   Feb 21, 2021  6:00 AM ET

Special Mission Aircraft Market: adds “Global Special Mission Aircraft Market Research Report 2021 Analysis and Forecast 2027” reports to its database.

Executive Summary

Special Mission Aircrafts are designed or modified for special mission or a purpose beyond its primary intended use. Special mission aircrafts are used for many applications, both military as well as non-military and has four broad categories in which Special Mission Aircrafts can be grouped, Light Military, Munitions Military, Government and Public Service. The rising geopolitical tensions and increasing government investment in aerospace and defense are the few factors responsible for growth of the market over the forecast period. For instance: as per U.S. Aerospace & Defense, the U.S. aerospace & defense is generating trade of USD 552.3 billion in 2017 and is increased by USD 621 billion in 2018. Furthermore, Germany increased its 2019 defense budget by 10% over 2018 to USD 53 billion and expects to further increase its budget to USD 56.4 billion for 2020. Thus, increasing government investment in aerospace & defense industry will drive the growth of the market. However, the lengthy period of product certification from aviation authorities is the major factor restraining the growth of global Special Mission Aircraft market during the forecast period.

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The regional analysis of global Special Mission Aircraft market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the the fast adoption of new technology, massive defense spends in the U.S., which boasts of the biggest air force in the world and hence has the largest fleet of special mission aircraft. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Boeing Company
Lockheed Martin Corporation
Dassault Aviation SA
Textron Aviation Inc.
Northrop Grumman Corporation
Bombardier Inc.
Elbit Systems Ltd.
Israel Aerospace Industries Ltd.
Thales SA
BAE Systems

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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Operation:
Air Force
Naval Force

By Application:
Surveillance And Reconnaissance
Electronic Warfare
Maritime Patrol
Anti-Surface Warfare and Anti-Submarine Warfare
Airborne Early Warning Control
Electronics/Signal Intelligence
Search and Rescue
Aerial Refueling

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Special Mission Aircraft Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers


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Keywords:    COVID-19, Special Mission Aircraft, Special Mission Aircraft Market, Special Mission Aircraft Industry, Special Mission Aircraft Trends, Special Mission Aircraft Share, Special Mission Aircraft Analysis, Special Mission Aircraft Growth, Special Mission Aircraft Segmentation, Special Mission Aircraft Application

Tags:    Research Newswire, English