Global Special Mission Aircraft Market:
Overview
Special
mission aircraft are versatile aircraft that can be used by all three sectors
of the armed forces for various operations. Special mission aircraft are
equipped with surveillance equipment to detect the movement of enemy units but
usually lack major offensive weapons. In combat, special mission aircraft are
mainly used to support the active combatants through surveillance and delivery
of supplies. Maritime patrol is another major emerging application sector of
the global special mission aircraft market.
The
report examines the historical trajectory of the special mission aircraft
market and presents solid forecasts for the market in the coming years. The
major segments of the global special mission aircraft market are examined in
the report to provide a granular overview. Reliable research techniques such as
SWOT analysis and Porter’s five forces analysis are employed in the report,
while the competitive dynamics of the market are examined by studying the
operations of major players.
Global
Special Mission Aircraft Market: Drivers and Restraints
One of
the major drivers for the global special mission aircraft market is the
increasing geopolitical tension around the world. Due to the growing amount of
active engagement, the demand for special mission aircraft is growing due to
the crucial role they play in supporting combatants.
Apart
from engagements between two nations, the prime factor driving the global
demand for special mission aircraft is the increasing need to curb illicit
activities such as drug trafficking, piracy, and terrorism. The rise in the
consumption of illicit drugs in developed countries has given rise to
significant trafficking operations, which are also often connected to more
serious evils and thus need to be curbed.
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Piracy
is also becoming a serious concern, particularly in regions such as the Indian
Ocean. For instance, Piracy in the waters of Somalia has become a major concern
for trade operations in the Indian Ocean, apart from adding to the geopolitical
tension in the Middle East and Eastern Africa. Marine patrol has thus become a
major application segment of the global special mission aircraft market and is
expected to exhibit increasing demand in the forecast period.
Global
Special Mission Aircraft Market: Segmentation
By
application, surveillance was the largest segment of the global special mission
aircraft market. Apart from military operations, the demand for special mission
aircraft in spotting oil spills and aiding recovery operations for the same is
growing at a steady rate and is expected to become a major part of the global
special mission aircraft market in the coming years. The air force accounted
for the highest demand from the special mission aircraft market, followed by
naval units.
Regionally,
North America accounted for the highest share in the global special mission
aircraft market in 2015. The dominant position of the North America market can
be attributed to the high defense spending in the U.S., which has by far the
largest air force in the world and thus operates the highest number of special
mission aircraft. Japan and China are the other major national markets for
special mission aircraft.
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