$135 Billion Military Aircraft Market Opportunities Expected Over The Next Decade

Credit: Credit: Panavia

Aviation Week Network’s new 2022 Military Fleet and MRO Forecast has identified open opportunities for the supply of 3,584 new-build military aircraft worth $134.8 billion over the next decade. With the global market worth $823.7 billion in terms of the delivery revenues that are expected to be generated, this means open or expected requirements account for around 16.4% of the total market.


Operators in the Asia-Pacific and South Asia regions are expected to generate almost half of the opportunities by value over the decade. India represents the single-largest country market in this regard, amounting to 421 aircraft worth almost $17 billion over the forecast period. Other key markets include the U.S. with $14.6 billion in opportunities, Saudi Arabia with $10.7 billion and South Korea with $10.2 billion.