Military Aircraft Modernization and Upgrade and Retrofit Market Analysis North America, APAC, Europe, Middle East and Africa, South America - US, China, India, Germany, France - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 169 SKU: IRTNTR45783

Military Aircraft Modernization and Upgrade and Retrofit Market 2024-2028

The military aircraft modernization and upgrade and retrofit market size is forecast to increase by USD 4.48 billion, at a CAGR of 4.04% between 2023 and 2028. The growth rate of the market depends on several factors such as the incorporation of CNS systems in aircraft, the emergence of SVAB, and the service life extension of military aircraft fleets. 

The market report includes a comprehensive outlook on the Military Aircraft Modernization and Upgrade and Retrofit Market, offering forecasts for the industry segmented by Application, which comprises combat aircraft, transport aircraft, and others. Additionally, it categorizes Type into fixed wing aircraft and rotary wing aircraft, and covers Regions, including North America, APAC, Europe, Middle East and Africa, and South America. The market research and growth report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

Military Aircraft Modernization And Upgrade And Retrofit Market Forecasting

Military Aircraft Modernization and Upgrade and Retrofit Market Forecast 2024-2028

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Military Aircraft Modernization and Upgrade and Retrofit Market Dynamics

Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. 

Driver- Service life extension of military aircraft fleets

Over the last few years have witnessed vast changes in warfare strategies and tactics, and countries are now constantly leveraging on R&D and innovations to ensure that their armed forces remain well-equipped with the most modern and state-of-the-art military platforms and technologies. However, some countries are retiring their older fleet of aircraft and procuring new ones, others are opting for modernizing and upgrading the older fleets and retrofitting them with advanced components and subsystems, considering the higher costs of acquiring a completely new aircraft.

Moreover, the US operates one of the largest fleets of military aircraft, which have been in service for over 25 years, and the USAF intends to keep operating them beyond their originally designed service life. Besides, several other nations, such as the UK, Russia, India, Australia, and South Africa, are also following the methodology to address the issues of aging aircraft. Consequently, a near-obsolete fleet of military aircraft has led to the surging demand for aircraft parts, weapon systems, and a range of aircraft electronics and equipment. This, in turn, will drive market growth during the forecast period.

Trends- Growing investments in multi-layered air defense network

The increasing investments in achieving integrated air defense capabilities among countries such as the US, Russia, and China have been playing a key role in the modernization of existing fighter aircraft fleets. Likewise, conducting military operations against countries that are capable of deploying advanced anti-access offensive weapon systems like cruise and ballistic missiles raises the need to develop and operate long-range airborne surveillance and strike platforms.

Furthermore, China operates the aerial refueling version of H-6K strategic bombers, namely H-6U. The country is investing in the enhancement of the existing performance capability of its H-6U tankers by replacing the payload bay (fitted in the fuselage) with additional fuel tanks that can reflect augmented fuel-carrying capacity to support aerial surveillance and attack platforms. Thus, the investment in both fighter and tanker aircraft will boost the growth of the market during the forecast period.

Challenge- High complexity related to data sets

With the increasing instances of threats to the national security of a large number of countries across the world, the sophistication and capabilities of aircraft communication systems are being augmented. As the number of intelligence, surveillance, and reconnaissance (ISR) platforms/systems installed in aircraft is increasing, there is simultaneously a greater need for data analysis, information storage, security, and dissemination. The defense ministries of countries around the globe need to implement tools that are capable of analyzing massive amounts of data in real time.

Moreover, massive amounts of data can be achieved seamlessly by being addressed through technological advances. In line with this, Big Data is gaining momentum, through which any dataset of 20 terabytes or higher can be accessed. Full motion video and the constellation of platforms, each of which carries several state-of-the-art sensors, help in collecting a massive amount of high-resolution data, which overcomes the challenge to some extent. Thus, such factors may impede the growth of the market during the forecast period. 

Military Aircraft Modernization and Upgrade and Retrofit Market Segmentation by Application, Type, and Geography

Application Segment Analysis: 

The combat aircraft segment will account for a major share of the market's growth during the forecast period.? The combat aircraft modernization, upgrade, and retrofit market is expected to have the largest share in the global market. These aircraft play an important role in battlegrounds and are immensely overused by armed forces, resulting in their significant deterioration. Since these aircraft are used for countering enemy attacks as well as launching attacks on enemy grounds, defense ministries focus on fitting the jets with the most advanced offensive and defensive mechanisms and equipment.

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The combat aircraft segment was valued at USD 9.96 billion in 2018. The US and its allied forces had deployed combat aircraft in large numbers in the war-stricken zones of the Middle East over the last couple of years.  Furthermore, nations across the world are focusing on enhancing the readiness and performance of their combat aircraft. In addition, governments are also emphasizing the life cycle extension programs of combat aircraft that are of strategic importance in times of crisis. Hence, such factors will drive the segment and market in focus during the forecast period.

Type Segment Analysis:

Based on type, the market has been segmented into fixed wing aircraft and rotary wing aircraft. The fixed wing aircraft ?segment will account for the largest share of this segment. When it comes to long-distance travel, fixed-wing aircraft such as airplanes have a significant advantage over rotary-wing aircraft since their fuel capacity is significantly more constrained. As fixed-wing aircraft can travel thousands of miles at very high altitudes, these are the main kinds of aircraft used by the military for airborne transportation. The global military aircraft modernization and upgrade and retrofit market is expected to experience significant growth due to the large-scale development and procurement of aircraft, such as F-16, F-35, F-22, the AV-8 Harrier, and Rafale fighter jets, which incorporate the deployment of military aircraft modernization and upgrade and retrofit. Therefore, such factors will drive the segment and market in focus during the forecast period.

Regional Analysis

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North America is estimated to contribute 49% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the military aircraft modernization and upgrade and retrofit market growth analysis during the forecast period. North America leads the global military aircraft modernization and upgrade and retrofit market in terms of expenditure and technological advancements and thus generates a very high demand for military upgrades. Although Canada and Mexico also invest in the development of these aircraft, the market is primarily dominated by the US.

Moreover, the growth of the market in North America is primarily supported by the high investment in procurement, sustainment, modernization, and R&D programs for advanced aircraft by the US Department of Defense (DoD). Additionally, the ongoing US-China trade war and geopolitical events are expected to boost the procurement of military equipment, leading to a rise in the demand for military aircraft modernization. Hence, such factors are expected to drive market growth in this region during the forecast period.  

Who are the Major Military Aircraft Modernization and Upgrade and Retrofit Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Airbus SE: The company offers military aircraft modernization and upgrade and retrofit such as the robust and reliable C295 tactical transporter, the new-generation A330 Multi Role Tanker Transport (MRTT), and Eurofighter, the most modern swing-role fighter ever conceived.

We also have detailed analyses of the market’s competitive landscape and offer information on 15 market companies, including:

BAE Systems Plc, Dassault Aviation SA, Elbit Systems Ltd., Honeywell International Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, and The Boeing Co.

Technavio military aircraft modernization and upgrade and retrofit market research report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The military aircraft modernization and upgrade and retrofit market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook 
    • Combat aircraft
    • Transport aircraft
    • Others
  • Type Outlook
    • Fixed wing aircraft
    • Rotary wing aircraft
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Military Aircraft Modernization And Upgrade And Retrofit Market Scope

Report Coverage

Details

Page number

169

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.04%

Market Growth 2024-2028

USD 4.48 billion

Market structure

Concentrated

YoY growth 2023-2024(%)

3.43

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 49%

Key countries

US, China, India, Germany, and France

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Airbus SE, BAE Systems Plc, Dassault Aviation SA, Elbit Systems Ltd., Honeywell International Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Technologies Corp., Saab AB, and The Boeing Co.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Military Aircraft Modernization And Upgrade And Retrofit Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the military aircraft modernization and upgrade and retrofit market between 2024 and 2028
  • Precise estimation of the military aircraft modernization and upgrade and retrofit market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming military aircraft modernization and upgrade and retrofit market trends and analysis and changes in consumer behavior
  • military aircraft modernization and upgrade and retrofit market growth and forecasting across North America, APAC, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of military aircraft modernization and upgrade and retrofit market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global military aircraft modernization and upgrade and retrofit market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global military aircraft modernization and upgrade and retrofit market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Combat aircraft - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Combat aircraft - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Combat aircraft - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Combat aircraft - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Combat aircraft - Year-over-year growth 2023-2028 (%)
    • 6.4 Transport aircraft - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Transport aircraft - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Transport aircraft - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Transport aircraft - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Transport aircraft - Year-over-year growth 2023-2028 (%)
    • 6.5 Others - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Fixed wing aircraft - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Fixed wing aircraft - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Fixed wing aircraft - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Fixed wing aircraft - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Fixed wing aircraft - Year-over-year growth 2023-2028 (%)
    • 7.4 Rotary wing aircraft - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Rotary wing aircraft - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Rotary wing aircraft - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Rotary wing aircraft - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Rotary wing aircraft - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 60: Market opportunity by Type ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 India - Market size and forecast 2023-2028
      • Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Airbus SE
              • Exhibit 115: Airbus SE - Overview
              • Exhibit 116: Airbus SE - Business segments
              • Exhibit 117: Airbus SE - Key news
              • Exhibit 118: Airbus SE - Key offerings
              • Exhibit 119: Airbus SE - Segment focus
            • 12.4 BAE Systems Plc
              • Exhibit 120: BAE Systems Plc - Overview
              • Exhibit 121: BAE Systems Plc - Business segments
              • Exhibit 122: BAE Systems Plc - Key offerings
              • Exhibit 123: BAE Systems Plc - Segment focus
            • 12.5 Dassault Aviation SA
              • Exhibit 124: Dassault Aviation SA - Overview
              • Exhibit 125: Dassault Aviation SA - Product / Service
              • Exhibit 126: Dassault Aviation SA - Key offerings
            • 12.6 Elbit Systems Ltd.
              • Exhibit 127: Elbit Systems Ltd. - Overview
              • Exhibit 128: Elbit Systems Ltd. - Product / Service
              • Exhibit 129: Elbit Systems Ltd. - Key offerings
            • 12.7 Honeywell International Inc.
              • Exhibit 130: Honeywell International Inc. - Overview
              • Exhibit 131: Honeywell International Inc. - Business segments
              • Exhibit 132: Honeywell International Inc. - Key news
              • Exhibit 133: Honeywell International Inc. - Key offerings
              • Exhibit 134: Honeywell International Inc. - Segment focus
            • 12.8 Israel Aerospace Industries Ltd.
              • Exhibit 135: Israel Aerospace Industries Ltd. - Overview
              • Exhibit 136: Israel Aerospace Industries Ltd. - Product / Service
              • Exhibit 137: Israel Aerospace Industries Ltd. - Key news
              • Exhibit 138: Israel Aerospace Industries Ltd. - Key offerings
            • 12.9 Lockheed Martin Corp.
              • Exhibit 139: Lockheed Martin Corp. - Overview
              • Exhibit 140: Lockheed Martin Corp. - Business segments
              • Exhibit 141: Lockheed Martin Corp. - Key news
              • Exhibit 142: Lockheed Martin Corp. - Key offerings
              • Exhibit 143: Lockheed Martin Corp. - Segment focus
            • 12.10 Northrop Grumman Corp.
              • Exhibit 144: Northrop Grumman Corp. - Overview
              • Exhibit 145: Northrop Grumman Corp. - Business segments
              • Exhibit 146: Northrop Grumman Corp. - Key news
              • Exhibit 147: Northrop Grumman Corp. - Key offerings
              • Exhibit 148: Northrop Grumman Corp. - Segment focus
            • 12.11 Raytheon Technologies Corp.
              • Exhibit 149: Raytheon Technologies Corp. - Overview
              • Exhibit 150: Raytheon Technologies Corp. - Business segments
              • Exhibit 151: Raytheon Technologies Corp. - Key news
              • Exhibit 152: Raytheon Technologies Corp. - Key offerings
              • Exhibit 153: Raytheon Technologies Corp. - Segment focus
            • 12.12 Saab AB
              • Exhibit 154: Saab AB - Overview
              • Exhibit 155: Saab AB - Business segments
              • Exhibit 156: Saab AB - Key news
              • Exhibit 157: Saab AB - Key offerings
              • Exhibit 158: Saab AB - Segment focus
            • 12.13 The Boeing Co.
              • Exhibit 159: The Boeing Co. - Overview
              • Exhibit 160: The Boeing Co. - Business segments
              • Exhibit 161: The Boeing Co. - Key offerings
              • Exhibit 162: The Boeing Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 163: Inclusions checklist
                • Exhibit 164: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 165: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 166: Research methodology
                • Exhibit 167: Validation techniques employed for market sizing
                • Exhibit 168: Information sources
              • 13.5 List of abbreviations
                • Exhibit 169: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              military aircraft modernization and upgrade and retrofit market market

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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