Researchmoz presents this most up-to-date research on"The Global
Military Fixed-Wing Aircraft Market 2013 - 2023".The report focuses
primarily on quantitative market metrics in order to characterize the
growth and evolution of the Remote Patient Monitoring Market.
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Product Synopsis
This report is the result of SDI's extensive market and company research
covering the global military aircraft industry. It provides detailed
analysis of both historic and forecast global industry values, factors
influencing demand, the challenges faced by industry participants,
analysis of the leading companies in the industry, and key news.
Introduction and Landscape
Why was the report written?
“The Global Military Aircraft Market 2013-2023” offers the reader
detailed analysis of the global military aircraft market over the next
ten years, alongside potential market opportunities to enter the
industry, using detailed market size forecasts.
What makes this report unique and essential to read?
“The Global Military Aircraft Market 2013-2023” provides detailed analysis of the current
industry size and growth expectations from 2013 to 2023, including
highlights of key growth stimulators. It also benchmarks the industry
against key global markets and provides detailed understanding of
emerging opportunities in specific areas.
View All Related Reports At : www.researchmoz.us/defense-and-security-market-reports-139.html
Key Features and Benefits
The report provides detailed analysis of the market for military
aircraft during 2013-2023, including the factors that influence why
countries are investing or cutting expenditure on military aircraft. It
provides detailed expectations of growth rates and projected total
expenditure.
A significant number of countries are investing in the development of
their domestic military aircraft industries by establishing strategic
alliances and technology transfer agreements with global military
aircraft manufacturers. In addition to improving the indigenous
capabilities of a domestic defense firm, this provides the foreign
original equipment manufacturer (OEM) with an opportunity to cater to a
new market. Furthermore, some European countries that are still
suffering from the effects of a recession, including France, Germany,
Italy, and the UK, are undertaking joint research and development
projects to reduce the per-unit costs of an aircraft. Additionally,
partnerships between countries that possess an advance defense
industrial base, such as the UK and France, aid the mutual sharing of
advanced technology.
Key Market Issues
Traditionally, North America and Europe accounted for around 80% of
global defense spending. However, the global economic downturn, US
economic crisis, and European debt crisis are expected to negatively
impact the defense spending and lead to defense budget cuts. As a
consequence, the allocation for military aircraft is not expected to
grow significantly during the forecast period owing to financial
constraints faced by most of the leading defense spenders. For example,
the US, the largest defense spender, announced defense budget cuts of
US$178 billion between 2011 and 2015. As a result, the US government
cancelled its C-17 transport aircraft project in 2010, which resulted in
an estimated US$3 billion savings. In January 2011, the German
government decided to cut orders for A400M military transport aircraft
from 60 to 53 aircraft and is also planning to sell 13 aircraft to
foreign customers.
Aircraft such as the F-35 and F-22 require large amounts of on-board
electrical power. Power demand has been rising sharply, especially for
military platforms. Associated with this trend is an increased need for
efficient power conversion and distribution, and thermal management
systems. High power electrical systems on aircraft flying at high-speed
and high altitude present unique thermal challenges both at the
application and system level. Although electrical systems are highly
efficient, the magnitude of on-board power demand and unique design
aspects of on-board aviation systems lead to considerable thermal
management challenges. Even if a 1 MW system were to be up to 95%
efficient, a total of 50 kW of heat has to be removed without exceeding
acceptable junction temperatures. This poses significant challenges to
the thermal management system, as it has to remove the total capacity of
waste heat with minimal temperature rise at a minimum of weight and
volume.
Key Highlights
A prominent trend that is expected to be highlighted over the forecast
period is the increased focus on the acquisition of multi-role aircraft.
The multirole fighter aircraft market is expected to attract the
largest amount of spending globally during the forecast period owing to
its capability to function in multiple roles. The US DoD is undertaking
its largest ever defense program known as the Joint Strike Fighter
through which it intends to equip its Air Force with new F-35 multi-role
aircraft. This program is estimated to value up to US$392 billion until
2037. Several other countries including Canada, Australia, UK, Italy,
Norway, Netherlands, Turkey, Japan and Israel are also vying to acquire
these fifth generation multi-role aircraft for their militaries.
Furthermore, France and India are procuring 286 and 126 Rafale fighter
aircraft which are cumulatively expected to value approximately US$25
billion. There are numerous models of multi-role aircraft under demand
such as SU-30MK, Eurofighter Typhoon, F-16, F/A-18F Super Hornet, EA-18G
Growler etc. by countries across the world in order to maintain their
fleets' battle readiness.
With a number of technological advances that have been implemented in
modern ballistic missile technology, it has become possible for
countries possessing such technologies to accurately target military
installations or critical infrastructure of rival nations in different
continents. Also, with the incorporation of stealth and radar evading
technologies that have been developed for these missiles it has become
imperative for countries defending against such attacks to possess early
warning of the launch, the missile's trajectory and other details such
as speed and elevation. This has spurred a number of major defense
spending countries as well as developing countries to invest in the
procurement of early warning aircraft which can detect missile launches
and provide accurate flight data in order to facilitate timely counter
action. It is anticipated that in order to enhance the quality of
information derived from such aircraft platforms, these aircraft may
also be linked to satellites. Countries which are expected to invest
significantly in the acquisition of early warning aircraft include the
US which will procure E-3 Sentry and E2D Hawkeye platforms, Chinese
investment in the Kongjing 2000, Australian procurement and upgrade of
the E7A Wedgetail platform and Brazil's upgrade of the Embraer 145 fleet
among several others.
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