Special Mission Aircraft Market is Expected to Reach 44 Billion Dollars in the Next 10 Years

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• Special Mission Aircraft Market is Expected to
  Reach 44 Billion Dollars in the Next 10 Years

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Special mission aircraft is used to support and
enhance the effectiveness of aircraft, naval, and
ground forces engaged in combat operations
against the enemy. Applications of special
mission aircraft are aerial tankers, airborne
early warning, electronics/signals intelligence,
anti-submarine warfare, electronic warfare, and
search and rescue. Increase in terrorist threats
and global military missions are factors which
drive this market. The restraints and challenges
of the special mission aircraft market are high
maintenance cost and integration of latest
technology.
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Countries have increased their military missions,
which has increased the need for more air
transport and special mission aircraft. This need
provides the military transport aircraft market
with significant growth expectation. The special
mission market is expected to reach 44 billion
dollars in the next 10 years. The market for
special mission aircraft is influenced by the
specific electronic system on board for mission
execution. This is why this segment is led by
companies specialized in system integration, such
as Northrop Grumman, Boeing, and Lockheed Martin.
Due to the high price of these aircraft, the
customer group is limited to only a few
countries. The United States is the main
customer, followed by European countries.
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Browse through the market data tables, figures
and detailed ToC on the Special Mission Aircraft
Market http//www.micromarketmonitor.com/mar
ket-report/special-mission-aircraft-reports-558854
1664.html.

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Trainer Aircraft Market

• Trainer aircraft are designed to ease in-flight
  training of pilots and crew members. These
  aircraft are used to prepare flight crews for
  combat operations. They typically are turboprops
  that can replicate the characteristics of jet
  aircraft and are instrumented for specialized
  military missions.
• http//www.micromarketmonitor.com/market-report/tr
  ainer-reports-4635005651.html

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• The trainer aircraft market is expected to
  decline in the coming future. The number will
  eventually drop to 105 units in 2017, which will
  be worth an estimated 17.1 billion. This
  decrease will be spurred by the flagging U.S.
  military demand, and a reduction in the worldwide
  manufacturing of warplanes. Demand from the U.S.
  military is falling, mainly because the Air Force
  and Navy will conclude their acquisition of the
  Joint Primary Air Training System, as the two
  services have already purchased enough to meet
  their need for the next several years. JPATS is
  the militarys standard turboprop trainer for
  undergraduate pilots. That program alone accounts
  for 60 percent of market demand in the next
  decade.
• http//www.micromarketmonitor.com/market-report/tr
  ainer-reports-4635005651.html

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