Market Overview:
The global military airlift market size reached US$ 4,936.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 5,120.6 Million by 2032. The increasing cross border activities, rising focus on enhancing aerial combat, and the growing investment by governing agencies represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
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US$ 4,936.1 Million |
Market Forecast in 2032
|
US$ 5,120.6 Million |
Military airlift refers to the transportation of personnel, equipment, vehicles, weapons, and medical and food supplies by air to remote locations. It involves the use of various aircraft, such as transport planes, cargo planes, and helicopters, which are designed and equipped to carry a large amount of cargo during challenging conditions like combat zones or adverse weather conditions. It generally runs for tactical purposes while relying on smaller and more agile aircraft that are more capable of landing or taking off from shorter and paved runways. It helps evacuate wounded or injured soldiers from combat zones to facilities. It also assists in enhancing force protection by minimizing exposure to ground threats.
Military Airlift Market Trends:
The increasing demand for military airlift among armed forces on account of rising incidences of cross border and territorial conflicts represents one of the key factors bolstering the market growth around the world. Moreover, the integration of advanced electronic warfare systems to protect against threats, such as radar jamming systems and countermeasures to defeat missile threats in military airlift aircraft, is favoring the growth of the market. In addition, the growing focus on enhancing aerial combat during the war and enemy attacks and the increasing emphasis on strategic and tactical airlift operations is influencing the market positively. Apart from this, governing agencies of numerous countries are investing in upgrading their existing military airlift aircraft with newer generation technologies and features. This, coupled with the launch of advanced military airlift aircraft that offer superior agility, higher speed, maneuverability, and a high survival rate in adverse weather conditions, is strengthening the growth of the market. Furthermore, leading players operating worldwide are offering military airlift conferences for the community concerning briefings, program developments, and future requirements. They are also focusing on collaboration and mergers and acquisitions (M&A) to expand their market position. Besides this, the increasing usage of military airlifts in areas prone to windstorms, tornadoes, hurricanes, landslides, flooding, and other severe weather conditions due to the rising events of natural disasters and climate changes is contributing to the market growth. Additionally, the growing funds in the defense and military industries are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global military airlift market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type and application.
Type Insights:
- Rotary-Wing Aircraft
- Fixed-Wing Aircraft
The report has provided a detailed breakup and analysis of the military airlift market based on the type. This includes rotary-wing aircraft and fixed-wing aircraft. According to the report, fixed-wing aircraft represented the largest segment.
Application Insights:
- Transporting Military Personnel
- Transporting Military Supplies
- Humanitarian Relief Operations
- Others
A detailed breakup and analysis of the military airlift market based on the application has also been provided in the report. This includes transporting military personnel, transporting military supplies, humanitarian relief operations, and others. According to the report, transporting military supplies accounted for the largest market share.
Regional Insights:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) was the largest market for military airlift. Some of the factors driving the Asia Pacific military airlift market included marketing strategies, government initiatives, rising mergers and acquisitions (M&A), etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global military airlift market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Airbus SE, Embraer S.A., Kawasaki Heavy Industries Ltd., Lockheed Martin Corporation, The Boeing Company, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Type Covered |
Rotary-Wing Aircraft, Fixed-Wing Aircraft |
Application Covered |
Transporting Military Personnel, Transporting Military Supplies, Humanitarian Relief Operations, Others |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Airbus SE, Embraer S.A., Kawasaki Heavy Industries Ltd., Lockheed Martin Corporation, and The Boeing Company. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global military airlift market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global military airlift market?
- What is the impact of each driver, restraint, and opportunity on the global military airlift market?
- What are the key regional markets?
- Which countries represent the most attractive military airlift market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the military airlift market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the military airlift market?
- What is the competitive structure of the global military airlift market?
- Who are the key players/companies in the global military airlift market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the military airlift market from 2018-2032.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global military airlift market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the military airlift industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.