North America Military Aviation Market Size
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 22.35 Billion |
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Market Size (2030) | USD 32.78 Billion |
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Largest Share by Sub Aircraft Type | Fixed-Wing Aircraft |
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CAGR (2024 - 2030) | 6.59 % |
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Largest Share by Country | United States |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
North America Military Aviation Market Analysis
The North America Military Aviation Market size is estimated at 22.35 billion USD in 2024, and is expected to reach 32.78 billion USD by 2030, growing at a CAGR of 6.59% during the forecast period (2024-2030).
22.4 B
Market Size in 2024 (USD)
32.8 B
Market Size in 2030 (USD)
1810
Total Deliveries in the Historic Period (2017-2023)
2206
Total Deliveries during the Forecast Period (2024-2030)
Largest Market by Sub-Aircraft Type
82.91 %
value share, Fixed-Wing Aircraft, 2023
There is an increased need to maintain military supremacy and enhance combat capabilities by procuring advanced combat aircraft across all the countries in the region.
Fastest-growing Market by Sub-Aircraft Type
6.77 %
Projected CAGR, Fixed-Wing Aircraft, 2024-2030
Ongoing geopolitical tensions and conflicts worldwide are leading to the procurement of more advanced multirole aircraft to enhance the combat superiority of the countries in the region.
Largest Market by Body Type
51.42 %
value share, Multi-Role Aircraft, 2023
Countries in the region are opting for multirole aircraft to perform ground strikes, air superiority, and suppress the enemy air defenses.
Largest Market by Country
99.05 %
value share, United States, 2023
The country's focus on procuring more advanced aircraft to maintain its military supremacy supports the growth of the region's military helicopter market.
Leading Market Player
57.75 %
market share, Lockheed Martin Corporation, 2022
Lockheed Martin provides a wide range of high-performance combat and ISR aircraft. Its vast geographical presence enables it to be a leading player.
Geopolitical conflicts, ongoing procurements, and plans of modernization are the driving factors in procuring military aircraft and rotorcraft
- The North American military aviation market is segmented by aircraft type into fixed-wing and rotorcraft. Geopolitical conflicts, the rising threat of terrorism and war, and the modernization plans to replace the aging military aircraft played a major role in the procurement of next-generation military aircraft. In 2022, the region's defense expenditure totaled USD 912 billion. North America's military expenditure was largely accounted for by the United States, with 96%, followed by Canada and Mexico, with 3% and 1%, respectively.
- In terms of active fleet size, North America holds 25% of the total fixed-wing in the world. In 2022, out of the total aircraft deliveries around 56% were fixed-wing aircraft. Among the fixed-wing aircraft around 63% of the total aircraft were multirole aircraft, followed by 20% of transport aircraft and 17% of other fixed-wing aircraft. As of 2022, in terms of active fleet size, North America held approximately 29% of the total rotorcraft worldwide.
- With the ongoing procurements and plans of modernization, the US will continue to lead the market and generate significant demand for new aircraft. The US will also focus on new aircraft programs through R&D for future warfare during the forecast period. During 2023-2030, around 2,330 fixed-wing aircraft are expected to be delivered. In 2023, the US planned to purchase 119 rotorcraft, including the CH-47 Chinook, the UH-60 Black Hawk, the CH-53K, and the AH-1Z. In addition, the Mexican government ordered 11 helicopters (four H225M and seven UH-60M) for the Mexican Air Force. Overall, a total of 2,476 aircraft are expected to be procured during the forecast period.
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Ongoing procurements and modernization plans are expected to boost the regional market
- Countries in North America, particularly the United States, have been among the first to develop advanced helicopters to counter geopolitical conflicts. Nearly 94% of the military expenditures in the region come from North America. In 2022, the region's defense expenditure totaled USD 912 billion. North America's military expenditures were largely accounted for by the United States (96%), followed by Canada and Mexico, with 3% and 1%, respectively.
- The increased military budgets of various countries in the region may facilitate the expansion of military rotorcraft procurement in the future. In 2023, the United States planned to purchase 119 rotorcraft, including the CH-47 Chinook, the UH-60 Black Hawk, the CH-53K, and the AH-1Z. The Mexican government ordered 11 helicopters (four H225M and seven UH-60M) for the Mexican Air Force.
- North American countries, especially the United States, play a crucial role in global security and power projection. Maintaining a strong military aviation fleet is essential for projecting force and safeguarding national interests abroad. The ability to deploy fighter jets, bombers, and aerial refueling tankers quickly and efficiently enables these countries to respond to emerging threats and participate in international operations effectively. For instance, according to the US military, the F-35 purchase plan for FY 2024 is to purchase 83 aircraft, i.e., 48 for the Air Force, 19 for the Navy, and 16 for the Marine Corps. Over the next five years, 113 KC-46A, 100 B-21, 12 P-8A, 5 E-11A, and 17 MC-130J are expected to be delivered. With the ongoing procurements and modernization plans, the United States may continue to lead the market. During the forecast period, a total of 2,476 aircraft are expected to be procured by the country.
North America Military Aviation Market Trends
Geopolitical threats are the main reason behind the increase in defense spending in the region
- In 2022, the US accounted for 39% of global defense spending military spending increased by USD 877 billion in 2022, or 0.7%. The total includes military assistance to Ukraine, estimated at USD 19.9 billion. In 2022, the US released the Department of the Air Force budget, which outlined that for FY 2023, the budget request is approximately USD 194.0 billion, a USD 20.2 billion or 11.7% increase from the FY 2022 request. This funding includes aircraft R&D, aircraft acquisition, initial spares, and aircraft support equipment. The funding for FY 2023 includes the purchase of 61 F-35, 24 F-15EX, 79 logistics and support aircraft, 119 rotary wing aircraft, and 12 UAV/UAS.
- Over the past few years, Canada also has demonstrated a commitment to increase defense spending to address growing security concerns and modernize its military equipment. The country recognizes the need to adapt to emerging threats, such as cyber warfare and asymmetric challenges, while maintaining conventional defense capabilities. Canada spent USD 26.9 billion on its military in 2022, which was 3.0 % higher than the previous year. Out of the total government spending, the country has allocated 1.2% of its share to the military. As per the Budget 2022, the announcement government will offer more than USD 8 billion for new funding to Canada's national defense over the next five years.
- In Mexico, the use of military forces to combat criminal activity remains the primary driver of military spending in the sub-region. Mexico's defense spending in 2022 was USD 8.5 billion, a decrease of 9.7% compared to 2021. Spending on the National Guard increased by 35% in 2021, accounting for 16% of total military spending. The country's defense expenditure was 0.6% of its GDP in 2022.
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Fleet modernization and the rising need for modernization of aircraft are the driving factors in North America
- As of December 2022, North America had an active fleet of 13,676 aircraft and helicopters. Competition in technology is accelerating between China and the United States as both countries are increasingly focused on the R&D of emerging technologies to prepare for future warfare. The United States has the biggest fleet of military aircraft in the region and globally, with a total of 13,300 operational fleets. A considerable chunk of this fleet is made up of combat helicopters (42%) and combat planes (21%). In contrast, training planes and helicopters account for 20%, while transport planes make up only 7%. Meanwhile, tankers and special mission aircraft each represent 5% of the fleet.
- By the end of 2022, Canada had an active fleet of about 356 aircraft and rotorcraft. Of these total 356 aircraft, the most procured fleet is training aircraft/helicopters, accounting for 132, followed by 120 combat helicopters, 63 combat aircraft, 28 transport aircraft, 27 special mission aircraft, and 6 tanker aircraft. Canada has selected F-35s to replace its CF-18 fighter jets, which are scheduled to retire by 2032. If the F-35 deal is finalized, Canada plans to start procuring the new jets in 2025. Mexico had an active fleet of 468 aircraft as of December 2022. Of these total 468 aircraft, the most procured fleet is training aircraft, and helicopters accounted for 203 aircraft, followed by 157 combat helicopters, 46 transport aircraft, 25 special mission aircraft, and 36 combat aircraft. As transnational criminal organizations and drug cartels largely occupy the country, the country utilizes military helicopters to fight drug traffickers.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Improving economic stability can aid in the growth of North America
North America Military Aviation Industry Overview
The North America Military Aviation Market is fairly consolidated, with the top five companies occupying 122.57%. The major players in this market are Airbus SE, Lockheed Martin Corporation, Northrop Grumman Corporation, Textron Inc. and The Boeing Company (sorted alphabetically).
North America Military Aviation Market Leaders
Airbus SE
Lockheed Martin Corporation
Northrop Grumman Corporation
Textron Inc.
The Boeing Company
Other important companies include Leonardo S.p.A.
*Disclaimer: Major Players sorted in alphabetical order.
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North America Military Aviation Market News
- May 2023: The US State Department approved a potential sale of CH-47 Chinook helicopters, engines, and equipment worth USD 8.5 billion to Germany.
- March 2023: Boeing has been awarded a contract by the US government to manufacture 184 AH-64E Apache attack helicopters for the US military and international customers. The US government announced USD 1.95 million, indicating that the helicopter will be delivered to the US military and overseas buyers - specifically Australia and Egypt - as a part of the paramilitary process to the Foreign Service (FMS) from the US government. Contract completion is expected by the end of 2027.
- February 2023: Boeing received a contract from the US Air Force for E-7 Airborne Early Warning & Control Aircraft.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 45+ free charts, the section covers data on commercial aircraft deliveries by manufacturer, backlogs of commercial aircraft, active military aircraft fleet by type of aircraft, overall business jets and helicopters fleet by manufacturer and also classified by type of ownership.
North America Military Aviation Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Gross Domestic Product
2.2. Active Fleet Data
2.3. Defense Spending
2.4. Regulatory Framework
2.5. Value Chain Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Sub Aircraft Type
3.1.1. Fixed-Wing Aircraft
3.1.1.1. Multi-Role Aircraft
3.1.1.2. Training Aircraft
3.1.1.3. Transport Aircraft
3.1.1.4. Others
3.1.2. Rotorcraft
3.1.2.1. Multi-Mission Helicopter
3.1.2.2. Transport Helicopter
3.1.2.3. Others
3.2. Country
3.2.1. Canada
3.2.2. Mexico
3.2.3. United States
3.2.4. Rest of North America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Airbus SE
4.4.2. Leonardo S.p.A
4.4.3. Lockheed Martin Corporation
4.4.4. Northrop Grumman Corporation
4.4.5. Textron Inc.
4.4.6. The Boeing Company
5. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- ACTIVE MILITARY AIRCRAFT FLEET BY COUNTRY, NUMBER OF AIRCRAFT, VOLUME, NORTH AMERICA, 2016 - 2030
- Figure 2:
- DEFENSE SPENDING, USD, NORTH AMERICA, 2017 - 2030
- Figure 3:
- NUMBER OF NEW AIRCRAFT DELIVERIES, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 4:
- NUMBER OF NEW AIRCRAFT DELIVERIES, USD, NORTH AMERICA, 2017 - 2030
- Figure 5:
- MILITARY AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 6:
- MILITARY AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, USD, NORTH AMERICA, 2017 - 2030
- Figure 7:
- MILITARY AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VOLUME %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 8:
- MILITARY AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VALUE %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 9:
- FIXED-WING AIRCRAFT DELIVERIES BY BODY TYPE, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 10:
- FIXED-WING AIRCRAFT DELIVERIES BY BODY TYPE, USD, NORTH AMERICA, 2017 - 2030
- Figure 11:
- FIXED-WING AIRCRAFT DELIVERIES BY BODY TYPE, VOLUME %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 12:
- FIXED-WING AIRCRAFT DELIVERIES BY BODY TYPE, VALUE %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 13:
- NORTH AMERICA MILITARY AVIATION MARKET, BY MULTI-ROLE AIRCRAFT, UNITS, 2017 - 2030
- Figure 14:
- NORTH AMERICA MILITARY AVIATION MARKET, BY MULTI-ROLE AIRCRAFT, USD, 2017 - 2030
- Figure 15:
- NORTH AMERICA MILITARY AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 16:
- NORTH AMERICA MILITARY AVIATION MARKET, BY TRAINING AIRCRAFT, UNITS, 2017 - 2030
- Figure 17:
- NORTH AMERICA MILITARY AVIATION MARKET, BY TRAINING AIRCRAFT, USD, 2017 - 2030
- Figure 18:
- NORTH AMERICA MILITARY AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 19:
- NORTH AMERICA MILITARY AVIATION MARKET, BY TRANSPORT AIRCRAFT, UNITS, 2017 - 2030
- Figure 20:
- NORTH AMERICA MILITARY AVIATION MARKET, BY TRANSPORT AIRCRAFT, USD, 2017 - 2030
- Figure 21:
- NORTH AMERICA MILITARY AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 22:
- NORTH AMERICA MILITARY AVIATION MARKET, BY OTHERS, UNITS, 2017 - 2030
- Figure 23:
- NORTH AMERICA MILITARY AVIATION MARKET, BY OTHERS, USD, 2017 - 2030
- Figure 24:
- NORTH AMERICA MILITARY AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 25:
- ROTORCRAFT DELIVERIES BY BODY TYPE, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 26:
- ROTORCRAFT DELIVERIES BY BODY TYPE, USD, NORTH AMERICA, 2017 - 2030
- Figure 27:
- ROTORCRAFT DELIVERIES BY BODY TYPE, VOLUME %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 28:
- ROTORCRAFT DELIVERIES BY BODY TYPE, VALUE %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 29:
- NORTH AMERICA MILITARY AVIATION MARKET, BY MULTI-MISSION HELICOPTER, UNITS, 2017 - 2030
- Figure 30:
- NORTH AMERICA MILITARY AVIATION MARKET, BY MULTI-MISSION HELICOPTER, USD, 2017 - 2030
- Figure 31:
- NORTH AMERICA MILITARY AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 32:
- NORTH AMERICA MILITARY AVIATION MARKET, BY TRANSPORT HELICOPTER, UNITS, 2017 - 2030
- Figure 33:
- NORTH AMERICA MILITARY AVIATION MARKET, BY TRANSPORT HELICOPTER, USD, 2017 - 2030
- Figure 34:
- NORTH AMERICA MILITARY AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 35:
- NORTH AMERICA MILITARY AVIATION MARKET, BY OTHERS, UNITS, 2017 - 2030
- Figure 36:
- NORTH AMERICA MILITARY AVIATION MARKET, BY OTHERS, USD, 2017 - 2030
- Figure 37:
- NORTH AMERICA MILITARY AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 38:
- MILITARY AVIATION DELIVERIES BY COUNTRY, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 39:
- MILITARY AVIATION DELIVERIES BY COUNTRY, USD, NORTH AMERICA, 2017 - 2030
- Figure 40:
- MILITARY AVIATION DELIVERIES BY COUNTRY, VOLUME %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 41:
- MILITARY AVIATION DELIVERIES BY COUNTRY, VALUE %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 42:
- NORTH AMERICA MILITARY AVIATION MARKET, BY CANADA, UNITS, 2017 - 2030
- Figure 43:
- NORTH AMERICA MILITARY AVIATION MARKET, BY CANADA, USD, 2017 - 2030
- Figure 44:
- MILITARY AVIATION DELIVERIES SHARE, VALUE, %, CANADA, 2023 VS 2030
- Figure 45:
- NORTH AMERICA MILITARY AVIATION MARKET, BY MEXICO, UNITS, 2017 - 2030
- Figure 46:
- NORTH AMERICA MILITARY AVIATION MARKET, BY MEXICO, USD, 2017 - 2030
- Figure 47:
- MILITARY AVIATION DELIVERIES SHARE, VALUE, %, MEXICO, 2023 VS 2030
- Figure 48:
- NORTH AMERICA MILITARY AVIATION MARKET, BY UNITED STATES, UNITS, 2017 - 2030
- Figure 49:
- NORTH AMERICA MILITARY AVIATION MARKET, BY UNITED STATES, USD, 2017 - 2030
- Figure 50:
- MILITARY AVIATION DELIVERIES SHARE, VALUE, %, UNITED STATES, 2023 VS 2030
- Figure 51:
- NORTH AMERICA MILITARY AVIATION MARKET, BY REST OF NORTH AMERICA, UNITS, 2017 - 2030
- Figure 52:
- NORTH AMERICA MILITARY AVIATION MARKET, BY REST OF NORTH AMERICA, USD, 2017 - 2030
- Figure 53:
- MILITARY AVIATION DELIVERIES SHARE, VALUE, %, REST OF NORTH AMERICA, 2023 VS 2030
- Figure 54:
- MOST ACTIVE COMPANIES, NUMBER OF STRATEGIC MOVES, NORTH AMERICA, 2018-2023
- Figure 55:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2018 - 2023
- Figure 56:
- MAJOR PLAYERS REVENUE SHARE (%), NORTH AMERICA, 2023
North America Military Aviation Industry Segmentation
Fixed-Wing Aircraft, Rotorcraft are covered as segments by Sub Aircraft Type. Canada, Mexico, United States are covered as segments by Country.
- The North American military aviation market is segmented by aircraft type into fixed-wing and rotorcraft. Geopolitical conflicts, the rising threat of terrorism and war, and the modernization plans to replace the aging military aircraft played a major role in the procurement of next-generation military aircraft. In 2022, the region's defense expenditure totaled USD 912 billion. North America's military expenditure was largely accounted for by the United States, with 96%, followed by Canada and Mexico, with 3% and 1%, respectively.
- In terms of active fleet size, North America holds 25% of the total fixed-wing in the world. In 2022, out of the total aircraft deliveries around 56% were fixed-wing aircraft. Among the fixed-wing aircraft around 63% of the total aircraft were multirole aircraft, followed by 20% of transport aircraft and 17% of other fixed-wing aircraft. As of 2022, in terms of active fleet size, North America held approximately 29% of the total rotorcraft worldwide.
- With the ongoing procurements and plans of modernization, the US will continue to lead the market and generate significant demand for new aircraft. The US will also focus on new aircraft programs through R&D for future warfare during the forecast period. During 2023-2030, around 2,330 fixed-wing aircraft are expected to be delivered. In 2023, the US planned to purchase 119 rotorcraft, including the CH-47 Chinook, the UH-60 Black Hawk, the CH-53K, and the AH-1Z. In addition, the Mexican government ordered 11 helicopters (four H225M and seven UH-60M) for the Mexican Air Force. Overall, a total of 2,476 aircraft are expected to be procured during the forecast period.
| Sub Aircraft Type | ||||||
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| Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
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Market Definition
- Aircraft Type - All the military aircraft and rotorcraft which are used for various applications are included in this study.
- Sub-Aircraft Type - For this study, sub-aircraft types such as fixed-wing aircraft and rotorcraft based on their application are considered.
- Body Type - Multi-Role Aircraft, Transport, Training Aircraft, Bombers, Reconnaissance Aircraft, Multi-Mission Helicopters, Transport Helicopters and various other aircraft and rotorcraft are considered in this study.
| Keyword | Definition |
|---|---|
| IATA | IATA stands for the International Air Transport Association, a trade organization composed of airlines around the world that has an influence over the commercial aspects of flight. |
| ICAO | ICAO stands for International Civil Aviation Organization, a specialized agency of the United Nations that supports aviation and navigation around the globe. |
| Air Operator Certificate (AOC) | A certificate granted by a National Aviation Authority permitting the conduct of commercial flying activities. |
| Certificate Of Airworthiness (CoA) | A Certificate Of Airworthiness (CoA) is issued for an aircraft by the civil aviation authority in the state in which the aircraft is registered. |
| Gross Domestic Product (GDP) | Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by countries. |
| RPK (Revenue Passenger Kilometres) | The RPK of an airline is the sum of the products obtained by multiplying the number of revenue passengers carried on each flight stage by the stage distance - it is the total number of kilometers traveled by all revenue passengers. |
| Load Factor | The load factor is a metric used in the airline industry that measures the percentage of available seating capacity that has been filled with passengers. |
| Original Equipment Manufacturer (OEM) | An original equipment manufacturer (OEM) traditionally is defined as a company whose goods are used as components in the products of another company, which then sells the finished item to users. |
| International Transportation Safety Association (ITSA) | International Transportation Safety Association (ITSA) is an international network of heads of independent safety investigation authorities (SIA). |
| Available Seats Kilometre (ASK) | This metric is calculated by multiplying Available Seats (AS) in one flight, defined above, multiplied by the distance flown. |
| Gross Weight | The fully-loaded weight of an aircraft, also known as “takeoff weight,” which includes the combined weight of passengers, cargo, and fuel. |
| Airworthiness | The ability of an aircraft, or other airborne equipment or system, to operate in flight and on the ground without significant hazard to aircrew, ground crew, passengers or to other third parties. |
| Airworthiness Standards | Detailed and comprehensive design and safety criteria applicable to the category of aeronautical product (aircraft, engine or propeller). |
| Fixed Base Operator (FBO) | A business or organization that operates at an airport. An FBO provides aircraft operating services like maintenance, fueling, flight training, charter services, hangaring, and parking. |
| High Net worth Individuals (HNWIs) | High Net worth Individuals (HNWIs) are individuals with over USD 1 million in liquid financial assets. |
| Ultra High Net worth Individuals (UHNWIs) | Ultra High Net worth Individuals (UHNWIs) are individuals with over USD 30 million in liquid financial assets. |
| Federal Aviation Administration (FAA) | The division of the Department of Transportation is concerned with aviation. It operates Air Traffic Control and regulates everything from aircraft manufacturing to pilot training to airport operations in the United States. |
| EASA (European Aviation Safety Agency) | The European Aviation Safety Agency is a European Union agency established in 2002 with the task of overseeing civil aviation safety and regulation. |
| Airborne Warning and Control System (AW&C) aircraft | Airborne Warning and Control System (AEW&C) aircraft is equipped with a powerful radar and on-board command and control center to direct the armed forces. |
| The North Atlantic Treaty Organization (NATO) | The North Atlantic Treaty Organization (NATO), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two North American. |
| Joint Strike Fighter (JSF) | Joint Strike Fighter (JSF) is a development and acquisition program intended to replace a wide range of existing fighter, strike, and ground attack aircraft for the United States, the United Kingdom, Italy, Canada, Australia, the Netherlands, Denmark, Norway, and formerly Turkey. |
| Light Combat Aircraft (LCA) | A light combat aircraft (LCA) is a light, multirole jet/turboprop military aircraft, commonly derived from advanced trainer designs, designed for engaging in light combat. |
| Stockholm International Peace Research Institute (SIPRI) | Stockholm International Peace Research Institute (SIPRI) is an international institute that provides data, analysis, and recommendations for armed conflict, military expenditure, and arms trade as well as disarmament and arms control. |
| Maritime Patrol Aircraft (MPA) | A maritime patrol aircraft (MPA), also known as maritime reconnaissance aircraft is a fixed-wing aircraft designed to operate for long durations over water in maritime patrol roles, in particular, anti-submarine warfare (ASW), anti-ship warfare (AShW), and search and rescue (SAR). |
| Mach Number | The Mach number is defined as the ratio of true airspeed to the speed of sound at the altitude of a given aircraft. |
| Stealth Aircraft | Stealth is a Common term applied to low observable (LO) technology and doctrine, that makes an aircraft near invisible to radar, infrared or visual detection. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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