Fighter Aircrafts Market Report 2025

This Fighter Aircrafts market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The fighter aircrafts market size has grown strongly in recent years. It will grow from $97.52 billion in 2024 to $105.71 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to national defense, geopolitical tensions, technology advancements, export opportunities.

The fighter aircrafts market size is expected to see strong growth in the next few years. It will grow to $137.75 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to aircraft lifecycle management, environmental concerns, regional instabilities, strategic partnerships. Major trends in the forecast period include stealth technology, unmanned combat aerial vehicles (ucavs), advanced sensor and avionics systems, supersonic and hypersonic technologies.

The fighter aircraft market is expected to experience growth due to the increasing global focus on enhancing aerial combat capabilities to bolster airborne security. Governments worldwide are prioritizing airborne security, which is anticipated to drive the demand for fighter aircraft. A recent example of this is from September 2023, when India's Ministry of Defence approved proposals for the acquisition of various weapon systems and platforms, including the Dhruvastra short-range air-to-surface missile and 12 Su-30 MKI fighter jets.

An increase in defense expenditure is expected to further propel the fighter aircraft market. Defense expenditure encompasses the financial resources allocated by a country to its military and national security, including funding for armed forces, equipment, and related activities. The allocation of defense funds to fighter aircraft primarily supports the procurement, development, and maintenance of advanced aerial combat platforms, thus enhancing a nation's airpower capabilities. In April 2023, a report by the Stockholm International Peace Research Institute (SIPRI) revealed that global military expenditure had increased by 3.7% in real terms in 2022, reaching a new high of $2.24 trillion. Europe saw the most significant increase in defense spending, rising by 13%. Therefore, the surge in defense expenditure is a driving force behind the growth of the fighter aircraft market.

Leading companies in the fighter aircraft market are prioritizing strategic investments to enhance their technological capabilities, develop advanced combat systems, and improve aircraft performance. These investments focus on integrating stealth technology, artificial intelligence, and unmanned systems to address evolving defense needs and maintain a competitive edge globally. For example, in April 2024, the United States Air Force, a US-based armed force, reported spending $6.6 million annually to operate and sustain the average F-35A fighter jet. These efforts highlight the ongoing challenges in managing the costs and operational readiness of the F-35 program.

Key players in the fighter aircraft market are emphasizing strategic partnerships to leverage combined expertise, share research and development costs, and accelerate the innovation of advanced aircraft technologies. Strategic collaborations assist in fighter aircraft development by enabling companies to pool resources and expertise, speeding up technological advancements while sharing R&D expenses to better meet evolving defense needs. For instance, in August 2024, Boeing, a US-based aerospace company, teamed up with AI Engineering Services Limited (AIESL), an India-based maintenance, repair, and overhaul (MRO) services provider. This partnership aimed to enhance the MRO capabilities for the Indian Navy's fleet of P-8I maritime surveillance aircraft.

In May 2023, Embraer SA, a Brazil-based aerospace corporation, collaborated with Saab AB to establish a joint production line for Gripen fighter jets in Brazil. This partnership aims to strengthen their cooperation and expand their presence in the South American market. Saab AB is a Sweden-based manufacturer of fighter aircraft.

Fighter aircraft are critical components of air forces and are designed for air-to-air combat against other aircraft. These aircraft possess various subsystems and components that enable their performance and combat capabilities.

The main types of fighter aircraft include conventional take-off and landing, short take-off and landing, and vertical take-off and landing, with each having its unique capabilities. Fighter aircraft encompass a range of systems, including the airframe, engine, avionics, landing gear system, weapon systems, and other components, all of which are integral to their role in homeland security and defense.

The fighter aircraft market research report is one of a series of new reports that provides fighter aircraft market statistics, including fighter aircraft industry global market size, regional shares, competitors with a fighter aircraft market share, detailed fighter aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the fighter aircraft industry. This fighter aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the fighter aircrafts market include Lockheed Martin Corporation, Airbus SE, The Boeing Company, BAE Systems, Russian Aircraft Corporation MiG, Saab AB, Dassault Aviation SA, PJSC Sukhoi Company, KAI, Hindustan Aeronautics Limited, Alenia Aermacchi, Shenyang Aircraft Corporation, United Aircraft Corporation, Chengdu Aircraft Industrial Group Co. Ltd., Mitsubishi Heavy Industries Ltd., Korea Aerospace Industries, Embraer S.A., Leonardo S.p.A., Eurofighter GmbH, Yakovlev Design Bureau, General Dynamics Corporation, Northrop Grumman Corporation, McDonnell Douglas Corporation, Mikoyan-Gurevich Design Bureau, Safran Aircraft Engines, Rolls-Royce Holdings PLC, Pratt & Whitney, Honeywell Aerospace, General Electric Aviation, Aero Vodochody, Kawasaki Heavy Industries, Sukhoi Civil Aircraft Company.

Asia-Pacific was the largest region in the fighter aircraft market in 2024. Western Europe is expected to be the fastest-growing region in the fighter aircrafts market during the forecast period. The regions covered in the fighter aircrafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fighter aircrafts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fighter aircraft market consists of sales of fighter aircraft such as air superiority fighter, fighter-bomber, heavy fighter, interceptor, and light fighter. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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