Now Available: Global Military Aircraft Modernisation and Upgrade and Retrofit Market 2015-2019

New Defense market report from TechNavio: "Global Military Aircraft Modernisation and Upgrade and Retrofit Market 2015-2019"

[USPRwire, Sun Oct 18 2015] Military aircraft either consist of the rotary-wing or fixed wing aircraft that are used for combat missions, or transportation of military personnel and military supplies. Many of the operational global military aircraft fleet are in service for decades. These ageing fleet of aircraft are upgraded and retrofitted with modern aircraft systems and component, to maintain the fleet's capability for modern combat and strategic missions.

Technavio's analysts forecast the global military aircraft modernization, upgrade and retrofit market to grow at a CAGR of 2.39% over the period 2014-2019.

Covered in this report
In this report, Technavio covers the present scenario and growth prospects of the global military aircraft modernization, upgrade and retrofit market for the period 2015-2019. It provides a global overview, and the growth prospects by region (Americas, APAC, and EMEA). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing market growth, outlines the challenges faced by vendors and the market as a whole, as well as the key trends emerging in the market.

Full Report Details at

Technavio's report, Global Military Aircraft Modernization, Upgrade and Retrofit 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions

* Americas

Key vendors

* Denel Aviation
* Elbit Systems
* Israel Aerospace Industries
* Rockwell Collins
* Thales Group

Other prominent vendors

* BAE Systems
* Boeing
* Dassault Aviation
* Finmeccanica
* Lockheed Martin
* Northrop Grumman

Key market driver

* Ageing fleet of military aircraft
* For a full, detailed list, view our report

Key market challenge

* High cost for upgradation
* For a full, detailed list, view our report

Key market trend

* Growing utilization of COTS component
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2019 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: Denel Aviation, Elbit Systems, Israel Aerospace Industries, Rockwell Collins, Thales Group, BAE Systems, Boeing, Dassault Aviation, Finmeccanica, Lockheed Martin, Northrop Grumman

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