In recent years, the world has witnessed an upward trend in wars and conflicts across numerous nations across the world. The recent political upheaval that happened in Afghanistan in August 2021 and ongoing Ukraine-Russia war has brought the countries across the globe in a state of chaos. Owing to the rise in terrorist attacks and violent conflicts across the globe, the nations across the world are buying special purpose aircrafts to counter the terrorism, and curb the anti-national activities, which is driving the growth of the market.
The special mission aircraft market is segmented on the basis of application, platform, end-user, point of sale and region. The application segment is further divided as intelligence, surveillance, and reconnaissance (ISR), command & control, communication & navigation, and others. By platform, the market is classified into military aviation, commercial aviation, and unmanned aerial vehicle. On the basis of end-user, it is divided into defense, commercial & civil, and space. By point of sale, it is segmented into OEM, and aftermarket. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investments. In addition, it includes Porter’s five forces analysis to understand competitive scenario of the industry and role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights
Competitive Landscape
of key players to increase their market share and sustain intense competition in the industry.The key players that operate in this market are BAE Systems Plc., Bombardier, Dassault Aviation, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd. (IAI), Kratos Defense & Security Solutions, Inc., Leonardo S. p. A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Textron Inc., Thales Group, and The Boeing Company
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the special mission aircraft market analysis from 2021 to 2031 to identify the prevailing special mission aircraft market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the special mission aircraft market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global special mission aircraft market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Intelligence, Surveillance, and Reconnaissance (ISR)
- Command and Control
- Communication and Navigation
- Others
By Platform
- Commercial Aviation
- Unmanned Aerial Vehicle
- Military Aviation
By End-User
- Defence
- Commercial and Civil
- Space
By Point of Sale
- OEM
- Aftermarket
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- Germany
- France
- Russia
- Netherlands
- UK
- Poland
- Spain
- Rest Of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Asean
- Rest Of Asia-Pacific
- LAMEA
- Brazil
- UAE
- Saudi Arabia
- South Africa
- Rest Of LAMEA
Key Market Players
- ELBIT SYSTEMS LTD
- BAE SYSTEMS
- BOMBARDIER INC
- DASSAULT AVIATION SA
- GENERAL ATOMICS AERONAUTICAL SYSTEMS, INC
- ISRAEL AEROSPACE INDUSTRIES LTD
- KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
- LEONARDO SPA
- LOCKHEED MARTIN CORPORATION
- NORTHROP GRUMMAN CORPORATION
- RAYTHEON TECHNOLOGIES CORPORATION
- SAAB AB
- TEXTRON AVIATION INC.
- THALES SA
- THE BOEING COMPANY
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: SPECIAL MISSION AIRCRAFT MARKET, BY APPLICATION
4.1 Overview
4.1.1 Market size and forecast
4.2 Intelligence, Surveillance, and Reconnaissance (ISR)
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Command and Control
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Communication and Navigation
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: SPECIAL MISSION AIRCRAFT MARKET, BY PLATFORM
5.1 Overview
5.1.1 Market size and forecast
5.2 Military Aviation
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Commercial Aviation
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Unmanned Aerial Vehicle
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: SPECIAL MISSION AIRCRAFT MARKET, BY END-USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Defence
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Commercial and Civil
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Space
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: SPECIAL MISSION AIRCRAFT MARKET, BY POINT OF SALE
7.1 Overview
7.1.1 Market size and forecast
7.2 OEM
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Aftermarket
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
CHAPTER 8: SPECIAL MISSION AIRCRAFT MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Application
8.2.3 North America Market size and forecast, by Platform
8.2.4 North America Market size and forecast, by End-User
8.2.5 North America Market size and forecast, by Point of Sale
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Market size and forecast, by Application
8.2.6.1.2 Market size and forecast, by Platform
8.2.6.1.3 Market size and forecast, by End-User
8.2.6.1.4 Market size and forecast, by Point of Sale
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Application
8.2.6.2.2 Market size and forecast, by Platform
8.2.6.2.3 Market size and forecast, by End-User
8.2.6.2.4 Market size and forecast, by Point of Sale
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Application
8.2.6.3.2 Market size and forecast, by Platform
8.2.6.3.3 Market size and forecast, by End-User
8.2.6.3.4 Market size and forecast, by Point of Sale
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Application
8.3.3 Europe Market size and forecast, by Platform
8.3.4 Europe Market size and forecast, by End-User
8.3.5 Europe Market size and forecast, by Point of Sale
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Market size and forecast, by Application
8.3.6.1.2 Market size and forecast, by Platform
8.3.6.1.3 Market size and forecast, by End-User
8.3.6.1.4 Market size and forecast, by Point of Sale
8.3.6.2 France
8.3.6.2.1 Market size and forecast, by Application
8.3.6.2.2 Market size and forecast, by Platform
8.3.6.2.3 Market size and forecast, by End-User
8.3.6.2.4 Market size and forecast, by Point of Sale
8.3.6.3 Russia
8.3.6.3.1 Market size and forecast, by Application
8.3.6.3.2 Market size and forecast, by Platform
8.3.6.3.3 Market size and forecast, by End-User
8.3.6.3.4 Market size and forecast, by Point of Sale
8.3.6.4 Netherlands
8.3.6.4.1 Market size and forecast, by Application
8.3.6.4.2 Market size and forecast, by Platform
8.3.6.4.3 Market size and forecast, by End-User
8.3.6.4.4 Market size and forecast, by Point of Sale
8.3.6.5 UK
8.3.6.5.1 Market size and forecast, by Application
8.3.6.5.2 Market size and forecast, by Platform
8.3.6.5.3 Market size and forecast, by End-User
8.3.6.5.4 Market size and forecast, by Point of Sale
8.3.6.6 Poland
8.3.6.6.1 Market size and forecast, by Application
8.3.6.6.2 Market size and forecast, by Platform
8.3.6.6.3 Market size and forecast, by End-User
8.3.6.6.4 Market size and forecast, by Point of Sale
8.3.6.7 Spain
8.3.6.7.1 Market size and forecast, by Application
8.3.6.7.2 Market size and forecast, by Platform
8.3.6.7.3 Market size and forecast, by End-User
8.3.6.7.4 Market size and forecast, by Point of Sale
8.3.6.8 Rest of Europe
8.3.6.8.1 Market size and forecast, by Application
8.3.6.8.2 Market size and forecast, by Platform
8.3.6.8.3 Market size and forecast, by End-User
8.3.6.8.4 Market size and forecast, by Point of Sale
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Application
8.4.3 Asia-Pacific Market size and forecast, by Platform
8.4.4 Asia-Pacific Market size and forecast, by End-User
8.4.5 Asia-Pacific Market size and forecast, by Point of Sale
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Application
8.4.6.1.2 Market size and forecast, by Platform
8.4.6.1.3 Market size and forecast, by End-User
8.4.6.1.4 Market size and forecast, by Point of Sale
8.4.6.2 India
8.4.6.2.1 Market size and forecast, by Application
8.4.6.2.2 Market size and forecast, by Platform
8.4.6.2.3 Market size and forecast, by End-User
8.4.6.2.4 Market size and forecast, by Point of Sale
8.4.6.3 Japan
8.4.6.3.1 Market size and forecast, by Application
8.4.6.3.2 Market size and forecast, by Platform
8.4.6.3.3 Market size and forecast, by End-User
8.4.6.3.4 Market size and forecast, by Point of Sale
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Application
8.4.6.4.2 Market size and forecast, by Platform
8.4.6.4.3 Market size and forecast, by End-User
8.4.6.4.4 Market size and forecast, by Point of Sale
8.4.6.5 Asean
8.4.6.5.1 Market size and forecast, by Application
8.4.6.5.2 Market size and forecast, by Platform
8.4.6.5.3 Market size and forecast, by End-User
8.4.6.5.4 Market size and forecast, by Point of Sale
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Application
8.4.6.6.2 Market size and forecast, by Platform
8.4.6.6.3 Market size and forecast, by End-User
8.4.6.6.4 Market size and forecast, by Point of Sale
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Application
8.5.3 LAMEA Market size and forecast, by Platform
8.5.4 LAMEA Market size and forecast, by End-User
8.5.5 LAMEA Market size and forecast, by Point of Sale
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Application
8.5.6.1.2 Market size and forecast, by Platform
8.5.6.1.3 Market size and forecast, by End-User
8.5.6.1.4 Market size and forecast, by Point of Sale
8.5.6.2 UAE
8.5.6.2.1 Market size and forecast, by Application
8.5.6.2.2 Market size and forecast, by Platform
8.5.6.2.3 Market size and forecast, by End-User
8.5.6.2.4 Market size and forecast, by Point of Sale
8.5.6.3 Saudi Arabia
8.5.6.3.1 Market size and forecast, by Application
8.5.6.3.2 Market size and forecast, by Platform
8.5.6.3.3 Market size and forecast, by End-User
8.5.6.3.4 Market size and forecast, by Point of Sale
8.5.6.4 South Africa
8.5.6.4.1 Market size and forecast, by Application
8.5.6.4.2 Market size and forecast, by Platform
8.5.6.4.3 Market size and forecast, by End-User
8.5.6.4.4 Market size and forecast, by Point of Sale
8.5.6.5 Rest of LAMEA
8.5.6.5.1 Market size and forecast, by Application
8.5.6.5.2 Market size and forecast, by Platform
8.5.6.5.3 Market size and forecast, by End-User
8.5.6.5.4 Market size and forecast, by Point of Sale
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 ELBIT SYSTEMS LTD
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 BAE SYSTEMS
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 BOMBARDIER INC
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 DASSAULT AVIATION SA
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 GENERAL ATOMICS AERONAUTICAL SYSTEMS, INC
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 ISRAEL AEROSPACE INDUSTRIES LTD
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 KRATOS DEFENSE & SECURITY SOLUTIONS, INC.
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 LEONARDO SPA
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 LOCKHEED MARTIN CORPORATION
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 NORTHROP GRUMMAN CORPORATION
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 RAYTHEON TECHNOLOGIES CORPORATION
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 SAAB AB
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 TEXTRON AVIATION INC.
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 THALES SA
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 THE BOEING COMPANY
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Special Mission Aircraft Market,' the special mission aircraft market was valued at $15.3 billion in 2021, and is estimated to reach $26.5 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.In 2021, Asia-Pacific region is dominating the market in terms of revenue, followed by Europe, North America, and LAMEA. Initiatives taken by the governments toward the modernization of defense sector and rise in adoption of unmanned vehicles for various commercial applications in the region are expected to propel the growth of the special mission aircraft market during the forecast period.
There are prominent key factors that drive the growth of the special mission aircraft market such as increase in demand for drones, rise in demand for industry-specific solutions, and rise in spending to procure defense equipment globally. The market economy is also responsible for the growth of the market. Emerging countries in the region, such as India and China, are investing heavily in aerospace and defense industry, which is expected to provide lucrative opportunities for the growth of the special mission aircraft industry.
The special mission aircraft market is segmented into application, platform, end-user and point of sale. The application segment is further divided as intelligence, surveillance, and reconnaissance (ISR), command & control, communication & navigation, and others. By platform, the market is classified into military aviation, commercial aviation, and unmanned aerial vehicle. On the basis of end-user, it is divided into defense, commercial & civil, and space. By point of sale, it is segmented into OEM, and aftermarket. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COVID-19 Impact Analysis
The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import-export of essential raw material items for most of 2020, and few months in 2021. This led to sudden decline in availability of important raw materials for aircraft components.As a result of interrupted supply chains and production schedules caused by the COVID-19 pandemic, aviation production and sales suffered severely, which, in turn, negatively impacted the market for special mission aircraft market.
Moreover, overall decline in the output generation in the end use industry such as military & defense, civil & commercial, logistics & transportation, construction & mining, among others has resulted to lower demand outlook. The reduction in aerospace and defense spending has had a negative impact on special mission aircraft development and deployment plans, particularly unmanned aerial vehicles (UAVs). Markets throughout the world, observed reduced procurement of special mission aircrafts last couple of year, and the procurement contracts are expected to grow slowly over the next few years, as governments continue to build up their defense capabilities for addressing the uncertain geopolitical tensions across different nations such as the India-China, India-Pakistan or the continued disagreement in the South China Sea, among others.
KEY FINDINGS OF THE STUDY
By application, the Intelligence, Surveillance, and Reconnaissance (ISR) segment is expected to register a significant growth during the forecast period.By platform, the military aviation segment is expected to register a significant growth during the forecast period.
By end-user, the defense segment is projected to lead the global special mission aircraft market.
By point of sale, the aftermarket segment is projected to lead the global special mission aircraft market
Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
The key players that operate in this special mission aircraft market are BAE Systems Plc., Bombardier, Dassault Aviation, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd. (IAI), Kratos Defense & Security Solutions, Inc., Leonardo S.p.A., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Textron Inc., Thales Group, and The Boeing Company.
Companies Mentioned
- Elbit Systems Ltd.
- Bae Systems
- Bombardier Inc.
- Dassault Aviation SA
- General Atomics Aeronautical Systems, Inc.
- Israel Aerospace Industries Ltd.
- Kratos Defense & Security Solutions, Inc.
- Leonardo Spa
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
- Saab Ab
- Textron Aviation Inc.
- Thales SA
- the Boeing Company
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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