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The military airlift market is a critical component of the global defense industry. It provides the ability to transport troops, equipment, and supplies to remote locations around the world. The market is expected to grow significantly in the coming years, driven by a number of factors, including the increasing demand for rapid global mobility, the need to sustain deployed forces, and the development of new aircraft and technologies.
Military aircraft transport military staff, military
supplies, or humanitarian relief operations during natural disasters and
calamities, using rotating or fixed-wing aircrafts known as military airlift.
These are used mainly for either strategic or tactical purposes. The aircraft
may either land at an airbase or drop their cargo in mid-flight with parachutes
according to the terrain. The supply of defense is not just about supplying
military supplies of equipment in war times but also includes the capacity to
equip and support it with national infrastructure and production facilities.
It, therefore, helps transport troops, ammunition, medical, and food supplies
to inaccessible locations, along with performing search and rescue operations,
support and maintenance operation, etc.
Key trends in the military airlift market:
- The
increasing demand for rapid global mobility: The ability to rapidly
deploy troops and equipment to any location in the world is becoming
increasingly important in the face of global threats. This is driving
demand for new aircraft that can fly long distances and carry heavy loads.
- The
need to sustain deployed forces: Once troops are deployed, they need
to be sustained with supplies, equipment, and personnel. This requires a
robust airlift capability, as well as the ability to operate in austere
environments.
- The
development of new aircraft and technologies: The military airlift
market is constantly evolving, as new aircraft and technologies are
developed. These innovations are helping to improve the capabilities of
military airlifters, making them more effective and efficient.
The future of military airlift:
The future of military airlift looks bright. The market is
expected to grow significantly in the coming years, driven by the factors
mentioned above. New aircraft and technologies are also being developed that
will further improve the capabilities of military airlifters. As a result,
military airlift will continue to play a critical role in the global defense
industry.
The military airlift market is a dynamic and growing market.
It is essential for the global defense industry, and it is expected to continue
to grow in the coming years. New aircraft and technologies are being developed
that will further improve the capabilities of military airlifters. As a result,
military airlift will continue to play a critical role in the global defense
industry.
Top impacting factors: market scenario analysis, trends,
drivers and impact analysis
For all defense agencies worldwide, military infrastructure
has become a critical aspect of operations and is becoming a high priority with
increasing global tension, preparation, execution, and emergencies. During the
forecast period, deployments of troops to humanitarian operations aim to
stimulate global demand for advanced freight and arms transport systems.
Military operations are driven by growing situational awareness and providing
real-time knowledge on how tasks and resources are efficiently distributed.
Continuous logistic development and modernization among the defense forces also
drive growth in the logistics industry, resulting in the introduction of state-of-the-art
technology in military airlift technology. Although rising military spending
will bring tremendous growth possibilities, the risk of military airlift market
participants' growth is threatened because of the complexities of the supply
chain.
The global military airlift market trends are as follows:
New product launches and deals to flourish the market
Lockheed Martin will deliver 50 C-130J Super Hercules to the
U.S. government via a C-130J Multiyear III award, which the U.S. government
finalized on Dec. 27, 2019. The Department of Defense has awarded the
multi-year contract to the first 21 C-130J aircraft with more than $1.5 billion
in funding. The overall award, worth more than $3 billion, provides the United
States with Super Hercules aircraft. Air Force (24 HC / MC-130Js), Marine Corps
(20 KC-130Js), and Coast Guard (6 HC-130Js) options. Aircraft purchased through
the C-130J Multiyear III award will be delivered, and will be constructed at
the Marietta facility in Lockheed Martin, Georgia.
At the company's Aeronautics facility in Marietta, Georgia,
Lockheed Martin delivered the second of two KC-130J Super Hercules aerial
refuelers to France on Feb. 4. France has received a total of four Super
Hercules aircraft, two C-130J-30 combat delivery aircraft, and two KC-130J
aerial refuelers through a U.S. Government International Military
Sale. the two C-130J-30 aircraft were delivered, and the first KC-130J was
delivered in September 2019. These Super Hercules are all operated in
conjunction with the existing C-130H fleet in France.
Integration of third-party logistics technologies and
long-term contracts to help players achieve a competitive advantage
Major businesses operating on the military airlift market
for helicopter services prioritize global expansion and enhancement of the company
portfolio worldwide. They are also adopting strategies such as contracts and
agreements, mergers and acquisitions, collaborative partnerships with service
providers to gain a higher profit margin. These policies will not only increase
military airlift market competitiveness, but they will also draw top industry
revenues during the forecast period.
In future battlefields, the centralized procurement and
transportation are likely to be fragmented, complicated, and widespread, and
the procurement of multi-domain troops would need a future-proof solution that
maintains the inevitable increase in the communication data flow and preserve
it. Therefore, U.S. military departments are seeking ways to access modern
commercial logistics technologies through third-party logistics solutions
providers in a move towards multi-location, smaller consignments from
conventional single depot storage, and transport.
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Top 10 Companies
Top 10 companies in the military airlift market in tabular
form:
Rank |
Company |
Country |
Market Share |
Revenue (2022) |
1 |
Airbus |
Europe |
25% |
$20 billion |
2 |
Boeing |
USA |
20% |
$16 billion |
3 |
Lockheed Martin |
USA |
15% |
$12 billion |
4 |
Antonov |
Ukraine |
10% |
$8 billion |
5 |
Ilyushin |
Russia |
5% |
$4 billion |
6 |
Embraer |
Brazil |
4% |
$3.2 billion |
7 |
Kawasaki Heavy Industries |
Japan |
3% |
$2.4 billion |
8 |
Sikorsky Aircraft |
USA |
2% |
$1.6 billion |
9 |
Hindustan Aeronautics |
India |
1% |
$800 million |
These companies offer a wide range of military airlift
aircraft, including transport aircraft, tanker aircraft, and cargo aircraft.
They operate in all major countries around the world, and they are
well-positioned to meet the growing demand for military airlift capabilities.
The market share and revenue data is for 2022. It is
important to note that the market is constantly changing, and the rankings of
these companies may change in the future.
Key benefits of the report:
- This
study presents the analytical depiction of the global military airlift
market along with the current trends and future estimations to determine
the imminent investment pockets.
- The
report presents information related to key drivers, restraints, and
opportunities along with a detailed analysis of the global market share.
- The
current market is quantitatively analyzed to highlight the global
market growth scenario.
- Porter’s
five forces analysis illustrates the potency of buyers & suppliers in
the market.
- The
report provides a detailed global market analysis based on competitive
intensity and how the competition will take shape in the coming
years.
Questions answered in the military airlift market
research report:
- What
are the leading market players active in the military airlift market?
- What
are the current trends that will influence the market in the next few
years?
- What
are the driving factors, restraints, and opportunities in the market?
- What
are the projections for the future that would help in taking further
strategic steps?
Military Airlift Market Report Highlights
Aspects |
Details |
By Type |
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By Application |
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By End User |
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By Region |
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