Top 50 Companies in Fighter Aircraft Market: Statistics Report Till 2035
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Fighter Aircraft Market Size is projected To Grow from USD 49.13 Billion in 2024 to USD 77.23 Billion by 2035, at a CAGR of 4.2% during the forecast period 2025–2035. Increases in defense spending are driving the purchase of fighter aircraft and putting more emphasis on the development of unmanned combat aerial vehicles (UCAVs), which is driving up demand for fighter aircraft.
Introduction
A Fighter Aircraft Market Size is a fast-moving military aircraft intended for use in dogfights, warfare, and stealth mode against adversary aircraft. The global fighter aircraft market is expected to be driven by a number of factors, including growing technological advancements in fighter aircraft, particularly in stealth mode, hypersonic speed, and armament precision; rising demand for fighter aircraft, supported by an increase in fighter aircraft production in the upcoming years; and a growing need among nations to improve their aerial combat capabilities. The Trump administration's punitive trade policies and tariffs on aerospace components resulting from the US-EU trade war caused difficulties in the fighter aircraft industry. The avionics, propulsion, and stealth material suppliers were among the indirect recipients of these taxes, which raised input costs for aircraft makers. The industry responded to the difficulties caused by the divides by fortifying domestic sourcing tactics and diversifying supply chains, which stabilized demand for vital subsystems and components in the manufacture of fighter aircraft.
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Fighter Aircraft Market Size & Statistics
- The Market Size for Fighter Aircraft Was Estimated to be worth USD 49.13 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 4.2 per between 2025 and 2035.
- The Global Fighter Aircraft Market Size is anticipated to reach USD 77.23 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Fighter Aircraft Market
- Asia-Pacific is expected to grow the fastest during the forecast period in the Fighter Aircraft Market.
Regional growth and demand
Asia-Pacific is expected to grow the fastest during the forecast period in the fighter aircraft market. There are political divisions in the Asia-Pacific area that impact nations including South Korea, Japan, China, and India. Whether through domestic production of advanced combat aircraft or foreign acquisition, this has supported regional nations' attempts to update their fighter aircraft fleets. In recent years, China has made an effort to rival the US in the development and manufacturing of more advanced fighter aircraft. Despite lagging behind in the development of aircraft engines, China has produced a variety of contemporary fighter aircraft, notably the stealth fighter J-20.
North America is expected to generate the highest demand during the forecast period in the fighter aircraft market. Numerous developments in fighter aircraft are probably going to help the North American market expand significantly. The United States Air Force has been considered the best air force in the world since the end of World War II. The US Department of Defense is focusing its efforts on enhancing the fighter aircraft industry, which now has about 2,000 aircraft. The US Air Force plans to increase its fighter aircraft squadrons from 55 to 65 in the next years in order to counter China's and Russia's growing military might.
Top 5 trends in the Fighter Aircraft Market
- Fleet Modernization Through Advanced Avionics and Stealth
- Rising Use of Unmanned Combat Aerial Vehicles (UCAVs)
- Integration of Artificial Intelligence in Combat Systems
- Increasing Defense Spend in Emerging Economies
- Multi-National Collaborative Development Programs
1. Fleet Modernization Through Advanced Avionics and Stealth
Countries are upgrading aging fighter fleets with stealth capabilities, sensor fusion, and enhanced electronic countermeasures. This increases survivability and mission effectiveness, meeting the demands of modern combat scenarios.
2. Rising Use of Unmanned Combat Aerial Vehicles (UCAVs)
UCAVs are reshaping aerial warfare by offering risk-reduced, cost-effective strike and reconnaissance capabilities. Ongoing innovations in autonomy and payload capacity are broadening UCAV applications across military forces.
3. Integration of Artificial Intelligence in Combat Systems
AI-enhanced avionics and decision-support tools improve pilot situational awareness, target identification, and mission planning, fostering faster and more accurate combat responses in complex environments.
4. Increasing Defense Spend in Emerging Economies
Emerging nations are investing heavily in fighter aircraft procurement and domestic aerospace development, seeking greater technological independence and enhanced defense capabilities amidst regional security challenges.
5. Multi-National Collaborative Development Programs
Joint ventures like the Future Combat Air System (FCAS) and Global Combat Air Programme (GCAP) are pooling resources to develop next-generation fighter platforms, reducing costs, and boosting interoperability among allied nations.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the fighter aircraft market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Fighter Aircraft Market
- Lockheed Martin Corporation
- Boeing Defense, Space & Security
- Northrop Grumman Corporation
- Airbus Defence and Space
- Dassault Aviation
- BAE Systems
- Saab AB
- Mitsubishi Heavy Industries
- Russian Aircraft Corporation MiG
- Sukhoi Company
- Textron Aviation
- Elbit Systems
- Hindustan Aeronautics Limited (HAL)
- Leonardo S.p.A.
- Thales Group
- Embraer Defense & Security
- AeroVironment, Inc.
- Israel Aerospace Industries (IAI)
- Turkish Aerospace Industries (TAI)
- Korea Aerospace Industries (KAI)
- General Electric Aviation
- Rolls-Royce Holdings plc
- Aerojet Rocketdyne
- Leonardo DRS
- Raytheon Technologies
1.Lockheed Martin Corporation (Headquarters: Bethesda, Maryland, USA)
Lockheed Martin stands as a world leader in fighter aircraft manufacturing, renowned for its flagship F-35 Lightning II stealth multirole fighter jet. It combines advanced stealth, avionics, and propulsion technology with global sustainment capabilities. The company focuses on continuous enhancements and export partnerships, maintaining a dominant presence through innovation, strategic alliances, and extensive systems integration that cater to allied forces worldwide.
2. Boeing Defense, Space & Security (Headquarters: Arlington, Virginia, USA)
Boeing Defense delivers a comprehensive portfolio of fighter platforms including the F/A-18 Super Hornet and the F-15EX Eagle. It focuses on modernization, reliability, and integration of advanced mission systems. Boeing emphasizes long-term sustainment contracts and international collaboration to keep its competitive edge, supporting allied and partner air forces with superior combat readiness and system interoperability.
3. Northrop Grumman Corporation (Headquarters: Falls Church, Virginia, USA)
Northrop Grumman specializes in stealth bomber technology with the upcoming B-21 Raider and advanced unmanned combat systems. The firm combines electronic warfare expertise with cutting-edge autonomous technology deployment. Its innovative approach towards next-generation air dominance and networked warfare systems underlines its leadership in military aerospace innovation.
4. Airbus Defence and Space (Headquarters: Leiden, Netherlands)
Airbus Defence and Space is a prominent manufacturer of military fighter and transport aircraft, notably the Eurofighter Typhoon. The company excels in multinational collaboration, combining high-performance engineering with digital innovation and sustainability. Airbus serves NATO and allied nations through programs that prioritize interoperability, mission flexibility, and advanced defense system integration.
5. Dassault Aviation (Headquarters: Paris, France)
Dassault Aviation produces the Rafale multirole fighter jet, known for exceptional agility, advanced avionics, and versatile weapons integration. The company focuses on technology innovation, stealth capability enhancements, and export growth. Dassault maintains strong governmental support and strategic partnerships, positioning itself as a key strategic player in European and global military aviation.
Are you ready to discover more about the fighter aircraft market?
The report provides an in-depth analysis of the leading companies operating in the global fighter aircraft market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Lockheed Martin Corporation
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Boeing Defense, Space & Security
- Northrop Grumman Corporation
- Airbus Defence and Space
- Dassault Aviation
- BAE Systems
- Saab AB
- Mitsubishi Heavy Industries
- Others.
Conclusion
The Fighter Aircraft Market Size is poised for significant growth, supported by increasing defense budgets, technological innovation, and strategic military priorities. Continuous modernization of ageing fleets, coupled with the rising role of unmanned systems and AI integration, is reshaping combat capabilities. While North America leads in market size with sustained investments in next-generation platforms, Asia-Pacific emerges as the fastest-growing region due to increased defense spending and indigenous development. Global collaboration initiatives and export strategies further enhance industry dynamics.
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