The global military training aircraft market size was valued at US$ 4,800 Mn million in 2021. Military training aircraft is class of aircraft that are designed particularly for facilitating flight training of aircrews and pilots. Today, advanced military trainer aircraft use advanced electronic systems to simulate the capabilities of frontline aircraft. Some of these trainers can even emulate the capabilities of fighter jets. Advanced aircraft are also equipped with programmable multi-function displays. Though they do not have radar systems, the aircraft can simulate the signals sent by radar through datalinks and GPS. Multi-engine aircraft are also often used in training. Pilots can begin their training on a two-seat aircraft, before progressing to the right-hand seat in an operational aircraft. Moreover, a small number of these aircraft are also converted to serve multiple roles.
Global Military Training Aircraft Market: Drivers
Growing focus on indigenization is a major factor expected to fuel growth of the global military training aircraft market during the forecast period. Many countries are focused on development of newer generation training aircrafts on their own in order to match specific requirements of training, instead of depending the specifications that foreign vendors provide. Due to the increasing focus on indigenization of defense platforms, the focus on domestically built training aircraft is increasing. For instance, in June 2020, government of Taiwan conducted its first public test flight of new advanced jet trainer, AT-5 Brave Eagle that is designed and developed domestically. With development of similar indigenous training aircrafts in countries such as Iran, India, South Korea and China, the market is likely to witness substantial growth in the future.
Global Military Training Aircraft Market: Opportunities
Growing number of military aircraft orders is likely to create lucrative environment for growth opportunities for market players in the global military training aircraft market over the forecast period. Due to increasing unrest in Middle East region, countries like the U. K. and the U.S. are increasing defense capabilities and are focusing on upgrading security measures. Which is resulting into growing number of military aircraft orders. And thus, growing orders for military aircraft is projected to boost the demand for training aircraft for training the pilots to use the fighter aircrafts efficiently. This is likely to create various growth opportunities for the market.
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Global Military Training Aircraft Market: Restraints
Lack of capability of basic training aircraft to provide air support to traditional aircraft is factor hindering growth of the global military training aircraft market during the forecast period. Capabilities of training aircrafts depend on the stage of training need for the pilot. A single aircraft however cannot support all the training requirements. Which is why governments around the world require to buy all new training aircraft for providing the needed training to the pilots. These investments in training aircrafts are luxurious for some economies, due to which the demand for training aircrafts is decreased significantly, and this is limiting the market growth.
Global Military Training Aircraft Market - Impact of Coronavirus (Covid-19) Pandemic
The outbreak of COVID-19 has moderately impacted the global military training aircraft market. The demand for military training had no impact of the pandemic. Militaries around the world are focused on maintaining compact yet more efficient fleet of aircrafts, due to which, the purchase of novel next-generation aircraft having sophisticated cockpits and new features continued to grow around the world during the pandemic. Thus, the demand for training aircraft was not affected by the pandemic, instead it bolstered the procurement rate of training aircraft variants. Thus, the global military training aircraft market witnessed moderate impact of the COVID-19 pandemic.
Key Takeaways:
The global military training aircraft market was valued at US$ 4,800 Mn in 2021 and is forecast to reach a value of US$ 6,700 Mn by 2030 at a CAGR of 3.2% between 2022 and 2030.
Fixed-wing Aircraft segment held dominant position in the global military training aircraft market in 2021, accounting for 67% share in terms of value, increasing approval and launch of new products is expected to propel growth of the segment during the forecast period.
Global Military Training Aircraft Market Trends:
The fixed-wing aircraft segment is gaining traction in the global military training aircraft market. Due to growing number of developments and training programs of fixed-wing military training aircraft, the segment is witnessing strong growth. Manufacturers in the market are focusing on launch of new fighter aircrafts for countries needing new training aircraft for the pilots. For instance, in November 2021, Airbus launched a novel Advanced Fighter Jet Trainer for the Spanish Air Force for the replacement of advanced training aircraft fleet that is in service currently. Thus, growth of the fixed-wing aircraft segment is likely to boost the global military training aircraft market growth during the forecast period.
Furthermore, increasing adoption of augmented reality in military training is also a rising trend in the global military training aircraft market. Augmented reality is increasing being integrated with training aircrafts in order to provide improved virtual experience to the pilots. Moreover, with the integration of virtual, live and constructive training is likely to be used in these aircrafts to prepare pilots for difficult missions and to offer them more realistic experience of combat without putting the pilot and the aircraft in danger. Thus, this trend is expected to continue in the market over the forecast period.
Global Military Training Aircraft Market: Competitive Landscape
Rostec, Hindustan, Aeronautics Ltd, Diamond Aircraft Industries, Embraer SA, Northrop Grumman Corporation, The Boeing Company, BAE Systems PLC, Pilatus Aircraft Ltd, Textron Inc., Leonardo SpA, Lockheed Martin Corporation, and Calidus LLC.
Global Military Training Aircraft Market: Recent Developments
In July 2021, the French Government Defense Procurement and Technology Agency (DGA) and Pilatus Aircraft entered into an agreement for delivery of nine additional PC-21 aircraft for reinforcing training program of the Air Force. In 2017, the Air and Space Force of France ordered 17 PC-21 training aircraft from the company.
In February 2021, the Indian Air Force placed a Request for Proposal (RFP) to HAL for the Basic Training Requirement of the IAF, this RFP includes 70 aircraft with optional 38 additional aircraft.
In March 2020, Textron Aviation Defense LLC signed an Other Transaction Authority (OTA) agreement of US$ 70.2 million with the U.S. Air Force Life Cycle Management Center for delivery of two Beechcraft AT-6 Wolverine aircrafts to the U.S. Air Force. Under this contract, Textron is to provide engineering service, four years of contractor support for spares and maintenance, and pilot training service.
