Military Aircraft Modernization and Upgrade and Retrofit Market, Global Outlook and Forecast 2023-2032
The global Military Aircraft Modernization and Upgrade and Retrofit market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Military aircraft either consist of rotary-wing or fixed-wing aircraft that are used for combat missions or for the transportation of military personnel and military supplies. This aging fleet of aircraft needs to be upgraded and retrofitted with modern aircraft systems and components to extend their service life for modern combat and strategic missions.
This report aims to provide a comprehensive presentation of the global market for Military Aircraft Modernization and Upgrade and Retrofit, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Military Aircraft Modernization and Upgrade and Retrofit. This report contains market size and forecasts of Military Aircraft Modernization and Upgrade and Retrofit in global, including the following market information:
- Global Military Aircraft Modernization and Upgrade and Retrofit Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Airframe and Powerplant (A&P) MUR Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Military Aircraft Modernization and Upgrade and Retrofit include ARINC, Thales Group, Boeing, Elbit Systems, IAI, Lockheed Martin, Rockwell Collins, Northrop Grumman and Cassidian, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Military Aircraft Modernization and Upgrade and Retrofit companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Military Aircraft Modernization and Upgrade and Retrofit Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Military Aircraft Modernization and Upgrade and Retrofit Market Segment Percentages, by Type, 2022 (%)
- Airframe and Powerplant (A&P) MUR
- Avionics MUR
Global Military Aircraft Modernization and Upgrade and Retrofit Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Military Aircraft Modernization and Upgrade and Retrofit Market Segment Percentages, by Application, 2022 (%)
- Rotorcraft
- Fighter
- Fixed Wing Trainer
- Military Transport
- Military Aircraft For Special Missions
Global Military Aircraft Modernization and Upgrade and Retrofit Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Military Aircraft Modernization and Upgrade and Retrofit Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Military Aircraft Modernization and Upgrade and Retrofit revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Military Aircraft Modernization and Upgrade and Retrofit revenues share in global market, 2022 (%)
key players include:
- ARINC
- Thales Group
- Boeing
- Elbit Systems
- IAI
- Lockheed Martin
- Rockwell Collins
- Northrop Grumman
- Cassidian
- Lufthansa
- BAE Systems
- Dassault Aviation
- Leonardo-Finmeccanica
Outline of Major Chapters:
Chapter 1: Introduces the definition of Military Aircraft Modernization and Upgrade and Retrofit, market overview.
Chapter 2: Global Military Aircraft Modernization and Upgrade and Retrofit market size in revenue.
Chapter 3: Detailed analysis of Military Aircraft Modernization and Upgrade and Retrofit company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Military Aircraft Modernization and Upgrade and Retrofit in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
