2025 Military Fleet & MRO Forecast Now Available from Aviation Week Network

November 07, 2024 02:00 AM AEDT | By EIN Presswire
 2025 Military Fleet & MRO Forecast Now Available from Aviation Week Network
Image source: EIN Presswire

The value of military aircraft projected to be delivered over the next decade is expected to exceed $1 trillion, generating $1.4 trillion dollars in MRO demand NEW YORK, NY, UNITED STATES, November 6, 2024 /EINPresswire.com/ -- Aviation Week Network’s new 2025 Military Fleet & MRO Forecast, a ten-year outlook of the defense industry, highlights a robust global market for military aircraft, fueled by increased strategic tensions worldwide.

The global fleet of military aircraft in service is expected to increase from 56,357 at the end of 2025 to 58,713 by 2033, growing at a 0.5% CAGR over the decade. This global fleet of military aircraft is expected to generate $1.4 trillion dollars in MRO demand over the next ten years growing at a 1.3% CAGR. Lockheed Martin are projected to be the largest manufacturer in terms of the value of deliveries at $210 billion, well ahead of second placed Boeing who are set to complete $118 billion in deliveries over the decade.

“After avoiding a post-pandemic downturn, the military aircraft market is now booming as a result of global strategic instability with $1 trillion set to be spent on new aircraft over the next decade,” said Craig Caffrey, Head of Defence Data, Aviation Week Network. “Fleet growth is increasingly being driven by uncrewed platforms. While the number of piloted aircraft is set to remain roughly the same size over the forecast the number of uncrewed aircraft is due to expand by 70% to around 4,000.”

The 2024 Military Fleet & MRO Forecast findings detail market demands and industry trends accounting for the impact of economic and macro trends on global fleets and MRO. By combining current fleet counts and stats, projected aircraft fleet changes, in-house flight data-derived utilization projections, and segmented MRO cost analytics, the forecast delivers critical strategic insights for the defense market sector.

The 2025 Commercial, Business Aviation and Helicopter Fleet & MRO Forecasts were also released in early October providing projections for the wider aerospace sector.

For more information on Aviation Week Network’s 2025 Fleet & MRO Forecasts, contact Melissa Crum at [email protected] or visit aviationweek.com/MilitaryForecastPR.

###

ABOUT AVIATION WEEK NETWORK
Aviation Week Network is the largest multimedia information and services provider for the global aviation, aerospace, and defense industries, serving 1.7 million professionals around the world. Industry professionals rely on Aviation Week Network to help them understand the market, make decisions, predict trends, and connect with people and business opportunities. Customers include the world's leading aerospace manufacturers and suppliers, airlines, airports, business aviation operators, militaries, governments and other organizations that serve this worldwide marketplace. Aviation Week Network’s portfolio delivers award-winning journalism, data, intelligence and analytical resources, world-class tradeshows and conferences, and results-driven marketing services and advertising. principle is helping our customers succeed.

Aviation Week Network is part of Informa Markets, a division of Informa PLC.

ABOUT INFORMA MARKETS
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organizer, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

Elizabeth Sisk
Aviation Week Network
+1 860-495-5498
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.