Europe Fighter Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe Fighter Aircraft Market is Segmented by Take-off and Landing (Conventional Take-off and Landing Aircraft, Short Take-off and Landing Aircraft, and Vertical Take-off and Landing Aircraft) and by Geography (United Kingdom, Germany, France, Russia, Italy, and the Rest of Europe). The market sizing and forecasts have been provided in value (USD billion) for all the above segments.

Europe Fighter Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe Fighter Aircraft Industry Overview

The market is consolidated in nature, with a few players holding significant shares in the market. Some of the key players in the market are Saab AB, Lockheed Martin Corporation, Dassault Aviation, BAE Systems plc, and Airbus SE. Technological advancements and the upgradation of existing fleets are propelling the market. Many fighter aircraft development programs are underway in Europe, which is expected to significantly propel the growth of the players during the forecast period and the following 10 - 15 years.

Russia is working on the YAK 150 prototype capable of vertical take-off and landing. Due to recent advanced developments in aerial warfare, fighter jets are designed for the high-speed interception, electronic warfare (EW), surveillance, breach detection, and other operations. Significant R&D investments may help the development of sixth-generation fighters and bolster the market prospects for the manufacturers of such aircraft during the forecast period.

Europe Fighter Aircraft Market Leaders

  1. Saab AB

  2. Lockheed Martin Corporation

  3. Airbus SE

  4. Dassault Aviation

  5. BAE Systems plc

  6. *Disclaimer: Major Players sorted in no particular order
Europe Fighter Aircraft Market Concentration