Market Overview:
The global light attack and reconnaissance aircraft market is estimated to be USD XX billion in 2018 and is projected to reach USD XX billion by 2030, at a CAGR of X.X% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for lightweight and low-cost combat aircraft for use in military operations. Based on type, the fixed-wing light attack and reconnaissance aircraft segment is estimated to account for the largest share of the global light attack and reconnaissance aircraft market in 2018. This segment is projected to grow at a CAGR of X.X% from 2018 to 2030.
Product Definition:
Light Attack and Reconnaissance Aircraft is a term used for aircraft that are designed for light attack or reconnaissance missions. These aircraft can be used to provide support to ground troops, conduct aerial reconnaissance, or perform other light attack or reconnaissance missions. The importance of Light Attack and Reconnaissance Aircraft lies in their ability to provide supporting fire to ground troops as well as conduct surveillance operations.
Fixed-wing Light Attack and Reconnaissance Aircraft:
Fixed-wing Light attack and reconnaissance aircraft are used for conducting surveillance, hit and run attacks on enemy's tanks, armored vehicles, personnel carriers and other such targets. It is a low cost alternative to strategic nuclear warfare which can be effectively used in both conventional as well as unconventional wars. The market for fixed-wing light attack & reconnaissance aircraft is expected to grow at a significant rate over the next decade owing to its usage by several countries including the U.S.
Rotary-wing Light Attack and Reconnaissance Aircraft:
The rotary-wing light attack and reconnaissance aircraft (LAA) is a type of military aircraft that is used for the purpose of ground support, naval combat, and aerial observation. The primary mission of such an aircraft is to gather intelligence. It also provides data regarding the surface area on which it lands in order to help in planning attacks during war or peace time.
Application Insights:
Surveillance and reconnaissance accounted for the largest revenue share of over 40% in 2017. Combat application is expected to witness significant growth over the forecast period owing to increasing use of these aircraft in ground attack roles by various countries. Light attack and reconnaissance aircraft are used for providing battlefield intelligence, surveillance, and aerial support to ground troops engaged in combat operations. Countries such as Australia, Canada, France, Germany Italy have been increasingly using their light attack/reconnaissance aircraft for providing on-the-spot information regarding enemy troop movements at a time when large number of conventional military assets are being deployed by countries like U.S., Russia China on international battlefields across the world.
Global light attack.
Regional Analysis:
North America is expected to dominate the global market over the forecast period. The U.S., being a developed nation, holds a major share in this region and is also one of the prominent consumers of light attack aircraft. Moreover, with an increase in terrorist threats across North America owing to various conflicts taking place in Middle East and Africa, demand for such aircraft has increased significantly across this region as well.
The Asia Pacific regional market held a considerable share due to increasing military spending by countries like China and India on account of rising geopolitical tensions within their respective regions as well as outside borders (China & Taiwan). Countries like China are making huge investments on modernization of their armed forces along with expanding its reach globally through foreign military bases so that it can better protect its sovereignty from any external attacks or invasions which may occur due to political disputes between neighboring countries/regions etc.). Such factors are anticipated to drive growth across this regional market during the forecast period.
Growth Factors:
- Increasing demand for light attack and reconnaissance aircraft from the military forces across the globe due to their capabilities of performing multiple tasks simultaneously.
- Proliferation of terrorist activities and insurgencies in various parts of the world is also expected to drive the demand for light attack and reconnaissance aircraft in order to provide better surveillance and intelligence gathering capabilities.
- The increasing use of unmanned aerial vehicles (UAVs) by militaries for carrying out combat operations is also anticipated to fuel the growth of light attack and reconnaissance aircraft market over the forecast period.
- Growing investments by defense ministries towards modernization programs are expected to create opportunities for players operating in this market during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Attack and Reconnaissance Aircraft Market Research Report
By Type
Fixed-wing Light Attack and Reconnaissance Aircraft, Rotary-wing Light Attack and Reconnaissance Aircraft
By Application
Combat, Surveillance, Reconnaissance
By Companies
Air Tractor, Embraer, Iomax, Textron, Ahrlac, Hindustan Aeronautics Limited, Hongdu Group, Air Tractor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Light Attack and Reconnaissance Aircraft Market Report Segments:
The global Light Attack and Reconnaissance Aircraft market is segmented on the basis of:
Types
Fixed-wing Light Attack and Reconnaissance Aircraft, Rotary-wing Light Attack and Reconnaissance Aircraft
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Combat, Surveillance, Reconnaissance
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Air Tractor
- Embraer
- Iomax
- Textron
- Ahrlac
- Hindustan Aeronautics Limited
- Hongdu Group
- Air Tractor
Highlights of The Light Attack and Reconnaissance Aircraft Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed-wing Light Attack and Reconnaissance Aircraft
- Rotary-wing Light Attack and Reconnaissance Aircraft
- By Application:
- Combat
- Surveillance
- Reconnaissance
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Light Attack and Reconnaissance Aircraft Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Light Attack and Reconnaissance Aircraft are aircraft designed to provide close air support, reconnaissance, and anti-tank capabilities.
Some of the major companies in the light attack and reconnaissance aircraft market are Air Tractor, Embraer, Iomax, Textron, Ahrlac, Hindustan Aeronautics Limited, Hongdu Group, Air Tractor.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Attack and Reconnaissance Aircraft Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Light Attack and Reconnaissance Aircraft Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Attack and Reconnaissance Aircraft Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Light Attack and Reconnaissance Aircraft Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Light Attack and Reconnaissance Aircraft Market Size & Forecast, 2018-2028
4.5.1 Light Attack and Reconnaissance Aircraft Market Size and Y-o-Y Growth
4.5.2 Light Attack and Reconnaissance Aircraft Market Absolute $ Opportunity
Chapter 5 Global Light Attack and Reconnaissance Aircraft Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Light Attack and Reconnaissance Aircraft Market Size Forecast by Type
5.2.1 Fixed-wing Light Attack and Reconnaissance Aircraft
5.2.2 Rotary-wing Light Attack and Reconnaissance Aircraft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Light Attack and Reconnaissance Aircraft Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Light Attack and Reconnaissance Aircraft Market Size Forecast by Applications
6.2.1 Combat
6.2.2 Surveillance
6.2.3 Reconnaissance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Attack and Reconnaissance Aircraft Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Light Attack and Reconnaissance Aircraft Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Light Attack and Reconnaissance Aircraft Analysis and Forecast
9.1 Introduction
9.2 North America Light Attack and Reconnaissance Aircraft Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Light Attack and Reconnaissance Aircraft Market Size Forecast by Type
9.6.1 Fixed-wing Light Attack and Reconnaissance Aircraft
9.6.2 Rotary-wing Light Attack and Reconnaissance Aircraft
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Light Attack and Reconnaissance Aircraft Market Size Forecast by Applications
9.10.1 Combat
9.10.2 Surveillance
9.10.3 Reconnaissance
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Light Attack and Reconnaissance Aircraft Analysis and Forecast
10.1 Introduction
10.2 Europe Light Attack and Reconnaissance Aircraft Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Light Attack and Reconnaissance Aircraft Market Size Forecast by Type
10.6.1 Fixed-wing Light Attack and Reconnaissance Aircraft
10.6.2 Rotary-wing Light Attack and Reconnaissance Aircraft
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Light Attack and Reconnaissance Aircraft Market Size Forecast by Applications
10.10.1 Combat
10.10.2 Surveillance
10.10.3 Reconnaissance
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Light Attack and Reconnaissance Aircraft Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Light Attack and Reconnaissance Aircraft Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Light Attack and Reconnaissance Aircraft Market Size Forecast by Type
11.6.1 Fixed-wing Light Attack and Reconnaissance Aircraft
11.6.2 Rotary-wing Light Attack and Reconnaissance Aircraft
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Light Attack and Reconnaissance Aircraft Market Size Forecast by Applications
11.10.1 Combat
11.10.2 Surveillance
11.10.3 Reconnaissance
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Light Attack and Reconnaissance Aircraft Analysis and Forecast
12.1 Introduction
12.2 Latin America Light Attack and Reconnaissance Aircraft Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Light Attack and Reconnaissance Aircraft Market Size Forecast by Type
12.6.1 Fixed-wing Light Attack and Reconnaissance Aircraft
12.6.2 Rotary-wing Light Attack and Reconnaissance Aircraft
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Light Attack and Reconnaissance Aircraft Market Size Forecast by Applications
12.10.1 Combat
12.10.2 Surveillance
12.10.3 Reconnaissance
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Light Attack and Reconnaissance Aircraft Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Light Attack and Reconnaissance Aircraft Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Light Attack and Reconnaissance Aircraft Market Size Forecast by Type
13.6.1 Fixed-wing Light Attack and Reconnaissance Aircraft
13.6.2 Rotary-wing Light Attack and Reconnaissance Aircraft
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Light Attack and Reconnaissance Aircraft Market Size Forecast by Applications
13.10.1 Combat
13.10.2 Surveillance
13.10.3 Reconnaissance
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Light Attack and Reconnaissance Aircraft Market: Competitive Dashboard
14.2 Global Light Attack and Reconnaissance Aircraft Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Air Tractor
14.3.2 Embraer
14.3.3 Iomax
14.3.4 Textron
14.3.5 Ahrlac
14.3.6 Hindustan Aeronautics Limited
14.3.7 Hongdu Group
14.3.8 Air Tractor
