Fighter Aircraft Industry - Regional Synopsis
Regionally, the fighter aircraft market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America industry is anticipated to hold largest revenue share by 2037, on account of upgrading the aircraft fleet in the USAF (the United States Air Force) and to deal with the increase aircraft fleet in Russian and Chinese Air Force. Russian’s United Aircraft Cooperation (UAC) continues to supply the fighters to the nations outside the U.S. and European defense spheres whereas China is anticipated to gradually build market in Asia and Africa by offering the JF-17 lighter fighter aircraft in cooperation with Pakistan’s PAC on the export market.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of fighter aircraft is assessed at USD 50.16 billion.
Fighter Aircraft Market size was valued at USD 48.71 billion in 2024 and is expected to reach USD 76.18 billion by 2037, registering around 3.5% CAGR during the forecast period i.e., between 2025-2037.
North America industry is anticipated to hold largest revenue share by 2037, on account of upgrading the aircraft fleet in the USAF (the United States Air Force) and to deal with the increase aircraft fleet in Russian and Chinese Air Force.
The major players in the market are Lockheed Martin Corporation, Airbus SE, The Boeing Company, Dassault Aviation, Raytheon Company, United Aircraft Corporation, Rolls Royce, General Dynamics Cooperation, Bae System, and others.
