SAN
FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market
study published by Global Industry Analysts Inc., (GIA) the premier
market research company, today released its report
titled "Special Mission Aircraft - Global Market Trajectory
& Analytics". The report presents fresh perspectives on
opportunities and challenges in a significantly transformed post
COVID-19 marketplace.
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What's New for 2022?
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Edition: 7; Released: January
2022
Executive Pool: 3291
Companies: 43 - Players covered include Boeing Company,
The; Bombardier Aerospace, Belfast; Lockheed Martin Corporation;
Northrop Grumman Corporation; SAAB AB; Textron Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Intelligence, Surveillance and
Reconnaissance (ISR), Maritime Patrol, Anti-Surface Warfare &
Anti-Submarine Warfare, Airborne Warning & Control, Search
& Rescue, Refueling); Operation (Air Force, Naval, Army)
Geographies: World; United
States; Canada;
Japan; China; Europe
(France; Germany; Italy; United
Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Previews provide deep insider access to business trends;
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Registry
ABSTRACT-
Global Special Mission Aircraft Market to Reach $14.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Special Mission
Aircraft estimated at US$11.7
Billion, is projected to reach a revised size of
US$14.3 Billion by 2026, growing at a
CAGR of 3.3% over the analysis period. Air Force, one of the
segments analyzed in the report, is projected to record a 3.5% CAGR
and reach US$7.9 Billion by the end
of the analysis period. After a thorough analysis of the business
implications of the pandemic and its induced economic crisis,
growth in the Naval segment is readjusted to a revised 3.2% CAGR
for the next 7-year period.
The U.S. Market is Estimated at $3.6
Billion in 2021, While China is Forecast to Reach
$2.5 Billion by 2026
The Special Mission Aircraft market in the U.S. is estimated at
US$3.6 Billion in the year 2021.
China, the world`s second largest
economy, is forecast to reach a projected market size of
US$2.5 Billion by the year 2026
trailing a CAGR of 3.1% over the analysis period. Among the other
noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 2.7%
respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately
3.3% CAGR.
Army Segment to Reach US$2.6
Billion by the year 2026
In the global Army segment, USA,
Canada, Japan, China
and Europe will drive the 3% CAGR
estimated for this segment. These regional markets accounting for a
combined market size of US$1.8
Billion will reach a projected size of US$2.2 Billion by the close of the analysis
period. China will remain among
the fastest growing in this cluster of regional markets.
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and industries for over 33 years.
CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
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SOURCE Global Industry Analysts, Inc.