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Aircraft Weapons Market

Aircraft Weapons Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

The aircraft weapons market is expected to grow a high rate in the coming years. Upsurge in terrorist attacks, increase in the defense investment and modernization of the military equipment are some of the key factor driving the market for the aircraft weapons market in the coming years. 

Based on weapons types, the aircraft weapons market is segmented into air-launched missiles, air-dropped bombs, air-launched torpedoes, air-launched rockets and others. Among various weapons types, in 2016, the air-dropped bombs segment dominated the aircraft weapons market followed by air-launched missiles and anticipated to be the same during the forecast period. Technological advancement is one of the key factor fueling the demand of air-dropped bombs segment in aircraft weapons market during the forecast period. 

Based on aircraft type, the aircraft weapons market is segmented into fighter aircraft, bomber aircraft, transport aircraft, helicopters and others. Among various types, in 2016, the fighter aircraft segment dominated the aircraft weapons market and estimated to be the same in the coming years. High defense budget in developed as well as developing countries such as the U.S., the U.K., China and India among others is one of the major factor fueling the demand of fighter aircraft segment in aircraft weapons market. 

The Asia-Pacific region is anticipated to be the key growth area for aircraft weapons in the coming years. India, China, Japan, Thailand and South Korea among others has increased their defense budget which in turn expected to fuel the demand of aircraft weapons market in the coming years. Increasing terror attacks in Iraq, Afghanistan, India, Thailand, Russia, and the U.K. are predicted to be the prime driver of the market for smart bullets during the forecast period. The governments of these countries plan to increase their defense budgets, such as India by approx. 6%, China by approx. 7%, and the U.S. by approx. 9%. The ten worst affected countries in 2015 were all in Africa, Asia, and the Middle East, which propelled the market for smart bullets in these regions. In addition, Asia Pacific is anticipated to witness a high CAGR in the next few years. 

By geography, the aircraft weapons market has been segmented into five regions namely North America, Asia-Pacific, Europe, Middle East and Africa and Latin America. In 2016, North America is expected to be the major market followed by Asia Pacific. However, in 2025, Asia Pacific will be the major market for aircraft weapons market followed by North America. In addition, Asia Pacific is anticipated to rise at a high CAGR during the forecast period. Countries such as China and India have improved their military budgets which in turn helping aircraft weapons market to boost the region. In 2016, the U.K. hold the largest market share in Europe and estimated to be the same in the coming years. Increase in the terrorist attacks is one of the major factor for increasing the defense budget by the governments of different countries such as the U.K., Germany and France among other which in turn expected to boost the demand of aircraft weapons market in Europe. Saudi Arabia is expected to be the key market in Middle East and Africa. Increase in the involvement in various wars such as Yemeni civil war and cold war with Iran is one of the major factor boosting the demand of aircraft weapons market in the coming years. 

The major company in the global aircraft weapons market are General Dynamics Corporation (United States), Lockheed Martin Corporation (United States), Thales Group (France), BAE Systems PLC. (United States), The Raytheon Company (United States), Northrop Grumman Corporation (United States), Boeing Company (United States), Taser International, Inc. (United States) and Harris Corporation (United States) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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  • A complete backdrop analysis, which includes an assessment of the parent market
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  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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Aircraft Weapons Market

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