Global Market Size, Forecast, and Trend Highlights Over 2025-2037
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. In the year 2025, the industry size of fighter aircraft is assessed at USD 50.16 billion.
The total number of fighters anticipated to produce over the next decade is higher than the number of aircraft produced during the previous 10 years. As nations are striving to enhance their aerial combat capabilities, several countries are upgrading their 2nd and 3rd generation fighter aircraft with new 4th and 5th generation aircraft. Besides, technology advancement in stealth mode, hypersonic speed, and armory precision plays an important role in the market.