Stealth technology driving the military fixed-wing market

Global Military Fixed Wing Market Growth to Reach $98.3 Billion at a Compound Annual Growth Rate (CAGR) of 3.12% Between 2022 and 2032, Driven by Stealth Technology Developments, According to a Report Released by GlobalData became clear.

Growth is due to steady increases in military spending in many countries, according to the report, and key trends driving demand for these systems over the next decade include high demand for fourth-generation and higher utility aircraft. and a focus on indigenous aircraft. aircraft program.

Harsh Deshmukh, Associate Analyst Defense at GlobalData, commented: A focus was placed on extending the fleet’s useful life by up to ten years, thereby allowing the development program to reach early operational capability. “

Several countries are focusing on domestic design and production to reduce their dependence on imported military hardware. The high cost of importing foreign aircraft is also driving some developing countries to undertake military aircraft manufacturing initiatives.

Such indigenous efforts have shaped the military fixed-wing aircraft market procurement process, as seen in India’s continued procurement of aircraft such as the NETRA and Tejas, and China’s procurement of its domestically developed KJ-600 ISR aircraft. will be strengthened. These countries are concentrating on indigenous military aircraft and expanding their platform development capabilities primarily through technology transfer agreements.

high value program

Air Force organizations around the world are also working on high-value programs such as joint programs between Spain, Germany, and France for the development of the Next Generation Fighter (NGF), Japan’s FX program, and the United States’ B-21 Raider. is. Indian P-8I ISR aircraft.

In early May, Northrop Grumman completed the first load calibration tests for the first B-21 aircraft. Recent testing is one of the three major conditions that aircraft undergo during this stage of ground testing as they progress toward their maiden flight.

The growth of the fighter market is further fueled by technological developments in stealth and precision weapons as countries seek the latest combat capabilities. Also, the development of fifth-generation fighters such as the F-35 is expected to increase during the forecast period.

Deshmukh concludes: Several unique programs are in place in developing countries such as India’s AMCA, Türkiye’s TAI TF-X, and Russia’s SU-75 Checkmate. Meanwhile, the United States is dominating the space with Lockheed’s Martin F-35.

“However, there will also be significant demand for versatile 4.5th generation fighters, primarily from developing countries, due to lower procurement and operating costs compared to 5th generation aircraft.”