Military Aircraft Modernization and Upgrade and Retrofit Market

Military aircraft either consist of rotary-wing or fixed-wing aircraft that are used for combat missions or for the transportation of military personnel and military supplies. This aging fleet of aircraft needs to be upgraded and retrofitted with modern aircraft systems and components to extend their service life for modern combat and strategic missions.
Military Aircraft Modernization and Upgrade and Retrofit Market contains market size and forecasts of Military Aircraft Modernization and Upgrade and Retrofit in Global, including the following market information:
Global Military Aircraft Modernization and Upgrade and Retrofit Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Military Aircraft Modernization and Upgrade and Retrofit market was valued at 22110 million in 2021 and is projected to reach US$ 26320 million by 2028, at a CAGR of 2.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Airframe and Powerplant (A&P) MUR Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Military Aircraft Modernization and Upgrade and Retrofit include ARINC, Thales Group, Boeing, Elbit Systems, IAI, Lockheed Martin, Rockwell Collins, Northrop Grumman and Cassidian, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Military Aircraft Modernization and Upgrade and Retrofit companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Military Aircraft Modernization and Upgrade and Retrofit Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Military Aircraft Modernization and Upgrade and Retrofit Market Segment Percentages, by Type, 2021 (%)
Airframe and Powerplant (A&P) MUR
Avionics MUR
Global Military Aircraft Modernization and Upgrade and Retrofit Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Military Aircraft Modernization and Upgrade and Retrofit Market Segment Percentages, by Application, 2021 (%)
Rotorcraft
Fighter
Fixed Wing Trainer
Military Transport
Military Aircraft For Special Missions
Global Military Aircraft Modernization and Upgrade and Retrofit Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Military Aircraft Modernization and Upgrade and Retrofit Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Military Aircraft Modernization and Upgrade and Retrofit revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Military Aircraft Modernization and Upgrade and Retrofit revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ARINC
Thales Group
Boeing
Elbit Systems
IAI
Lockheed Martin
Rockwell Collins
Northrop Grumman
Cassidian
Lufthansa
BAE Systems
Dassault Aviation
Leonardo-Finmeccanica