Military Training Aircraft Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028
See less
Military Training Aircraft Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028
Military Training Aircraft Market, by Type (Fixed-wing (Basic Jet Trainers, Intermediate Jet Trainers, and Advanced Jet Trainers) and Rotary-Wing), Seat Type (Single and Twin), Application (Armed and Unarmed), and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The U.K., Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others]).
Military Training Aircraft Market, by Type (Fixed-wing (Basic Jet Trainers, Intermediate Jet Trainers, and Advanced Jet Trainers) and Rotary-Wing), Seat Type (Single and Twin), Application (Armed and Unarmed), and Region...
"The global military training aircraft market was estimated at US$ 3.1 billion in 2021 and is expected to grow at a CAGR of 2.9% during 2022-2028 to reach US$ 4.9 billion by 2028."
Military training aircraft entail special aircraft that are used in the military training of pilots and those that are involved in aerial operations. These are airplanes that are developed with safety aspects like; double controls, stable flying, and basic structures to enable pilots to learn and progress in their journey in a safe environment. It is applied to introductory, conversion, and operational stages of training and it is critical to familiarizing pilots with issues of modern warfare.
For the past few years, safeguarding new pilots has been a significant concern for airlines worldwide. The root cause of the shortage varies by region: In the U.S., an aging workforce faces mandatory retirement, fewer pilots exiting the military, and barriers to entry, including the cost of training. In China and other regions where a growing middle class is demanding air travel, the struggle is to expand capacity fast enough.
The market had a moderate impact on revenues, given the no effect on the demand for military training. Worldwide militaries are keen on providing more efficient aircraft fleets, prompting them to opt for new next-generation aircraft with more innovative features and advanced cockpits. This has risen to a higher requirement for pilot training on new aircraft interfaces, strengthening the procurement rate of trainer variants.
Military Training Aircraft Market Report: Overview
Market Size in 2028
USD 4.8 billion
Market Size in 2021
USD 3.1 billion
CAGR (2022-2028)
2.9%
Base Year of Study
2021
Trend Period
2016-2020
Forecast Period
2022-2028
Key Players
The following are the major players in the market:
There is stiff competition in the market. However, the growth of the market players is directly dependent on industry conditions and government support. These companies differentiate their Military Training Aircraft based on their quality and penetration in the target and emerging markets. Also, recent significant mergers and acquisitions in the industry have significantly influenced the competitive dynamics. For example:
In February 2021, HAL (Hindustan Aeronautics Limited) received an RFP (Request for proposal) from the Indian Air Force (IAF) for the purchasing of 70 HTT-40 primary trainer aircraft. The RFP (Request for Proposal) also includes an option for the IAF to procure 38 additional trainers. Additionally, India is in the line to conduct the first flight for its homegrown HTT 40 primary trainer aircraft.
In January 2022, HAL (Hindustan Aeronautics Limited) successfully demonstrated the ability of the aircraft to perform six-turn spins on both sides (Left-hand and Right-hand sides). The plane was developed for the stage II training of IAF (Indian Air Force) pilots.
In February 2022, the Department of National Defenseof the Philippines announced that it had received four new CESSNA 172S Skyhawk Trainer Aircraft worth USD$ 2.2 million from the U.S. under the latter's Foreign Military Financing Program.
In Oct 2019, at the Naval Helicopter Association's Fleet Fly-in at Naval Air Station, Florida, Airbus pilots successfully conducted orientation flights with U.S. Navy pilots and other stakeholders to demonstrate the capabilities of the H135 trainer aircraft. Furthermore, The H135 trainer aircraft provides future pilots with an ideal platform for training missions conducted over water and in reduced visibility. Thus, the various current developments may lead to the growth of military trainer aircraft in the North American region.
Segment Analysis
By Type
"The fixed-wingsegment accounted for the largest market share."
The market is divided into fixed-wing and rotary-wing. Fixed-wing is further segmented into Basic Jet Trainers, Intermediate Jet Trainers, and Advanced Jet Trainers. The fixed-wing is expected to remain the largest market during the forecast period. The increasing adoption of military training aircraft by developed economies such as the U.K. and the U.S. drives segment growth.
From Boeing, multi-engine trainers such as the Boeing 707 are used by pilots that use fixed-wing aircraft types, and aircraft like Boeing T 43 are used for training navigators. Moreover, lightweight, sophisticated jet trainers with robust attack capabilities like the Dassault Alpha jets are being deployed in light strike roles.
But the substantial costs involved in developing innovative trainer aircraft can challenge players worldwide. When required proper air support to traditional aircraft, the adoption rate of primary trainer aircraft will get affected due to lack of ability.
Seat Insights
"The single-seat type segment accounted for the largest market share."
The market is bifurcated into single and twin. The single-seat type is expected to remain the biggest market during the forecast period. Due to the increasing modernization of old military training aircraft, a single type has a potential market share during the assessment period.
Application Insights
"The armedsegment accounted for the largest market share."
The market is segmented as armed and unarmed. The armed sector accounted for the largest market share in 2021, owing to the increasing arms race in developing nations.
Regional Trends
"North Americaaccounted for the largest market share."
In terms of regions, North America is likely to maintain its supremacy in the market throughout the forecast period. This is primarily due to the new technical solutions and the application of modern technologies, which have directed the introduction of various combat aircraft configurations, moreover, with a significant improvement in reliability, operational performance, and flight performance through the creation of new features that enhance the ability to integrate sensors and process the information.
Simultaneously, Asia Pacific is expected to witness the fastest growth in the market during the forecast period. Continuously increasing military expenditure of developing countries such as China and India is driving the market growth in the region. Furthermore, growing cross-border terrorism in India, China, and Pakistan encourages government bodies to invest in military training aircraft.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
What deliverables will you get in this report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Military Training Aircraft Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional and country level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The market is segmented into the following categories:
By Type
Rotary-Wing
Fixed-wing
Basic Jet Trainers
Intermediate Jet Trainers
Advanced Jet Trainers
By Seat Type
Single
Twin
By ApplicationType
Armed
Unarmed
By Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, The UK, Russia and Rest of Europe)
Asia-Pacific (Country Analysis: China, India, Australia, South Korea, and Rest of Asia-Pacific
Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
Report – Features
Market Segmentation
3
Regions Covered
4
Countries/Sub-Regions Covered
16
No. of Figures & Tables
>160
Company Profiles
10
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Customization Options
Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
LOADING
LOADING
×
Please enter your contact details. It will allow our analysts to reach out to you.
Military training aircraft entail special aircraft that are used in the military training of pilots and those that are involved in aerial operations. These are airplanes that are developed with safety aspects like; double controls, stable flying, and basic structures to enable pilots to learn and progress in their journey in a safe environment. It is applied to introductory, conversion, and operational stages of training and it is critical to familiarizing pilots with issues of modern warfare.
The major players in the Military Training Aircraft market are Hindustan Aeronautics Limited (India), The Boeing Company (U.S.), Raytheon Company (U.S.), Northrop Grumman Corporation (U.S.), Lockheed Martin Corporation (U.S.), Diamond Aircraft Industries (Austria), IRKUT CORPORATION (Russia), BAE Systems plc (U.K.), Grob Aircraft (Germany), Leonardo SpA (Italy).
Based on the application, the market is segmented as armed and unarmed. The armed account for the largest market share in 2021, owing to the increasing arms race in developing nations.