- The key vendors in the Global Military Airlift Market 2015-2019 are Airbus Group, Boeing Company, Finmeccanica SpA and Lockheed Martin Corp.
London, 20 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Military Airlift Market 2015-2019. One key trend emerging in this market is the new military airlift aircraft development programs. The Air Transport market currently favors smaller aircraft, and several manufacturers are developing aircraft that are aimed at replacing the larger models such as the Lockheed C-130 Hercules. The Global Military Airlift market is expected to decline at a CAGR of 0.43 percent during the period 2014-2019. However, there has been a rapid rise in demand in the APAC region, which is expected to grow at a CAGR of 4.73 percent.
Military airlift uses either rotary-wing or fixed-wing aircraft for the transportation of military personnel and military supplies, or are deployed for humanitarian relief operations. They are used for either strategic or tactical purposes.
“Many of the world’s military forces are renewing their military airlift aircraft fleets to acquire modern capabilities and replace the aging systems,” says Faisal Ghaus, Vice President of TechNavio Research.
“Airlift enables the military to transport troops and supplies over long distances in a short time, which is a decisive factor in the war zone.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
