Market Size of military training aircraft Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2016 - 2028 |
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Market Size (2023) | USD 4.96 Billion |
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Market Size (2028) | USD 6.38 Billion |
|
CAGR (2023 - 2028) | 5.16 % |
|
Largest Share by Region | Middle East and Africa |
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|
Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Global Military Training Aircraft Market Analysis
The Military Training Aircraft Market size is expected to grow from USD 4.96 billion in 2023 to USD 6.38 billion by 2028, at a CAGR of 5.16% during the forecast period (2023-2028).
- Largest Market by Region - Middle East and Africa : Major countries in the region such as Saudi Arabia and Qatar are planning to meet their increasing need to meet the training requirements of their future pilots.
- Largest Market by Country - Turkey : The country's plan to develop indigenous training aircraft in order to meet their training requirements is anticipated to drive the market growth.
