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Asia-Pacific Tilt Rotor Aircraft Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Unmanned Aerial Vehicle and Manned Aerial Vehicle) and End User (Civil and Military)

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    Report

  • 75 Pages
  • June 2021
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5416240
UP TO OFF until Mar 15th 2023
Military Segment to Dominate APAC Tilt Rotor Aircraft Market during 2020-2028.



According to a new market research study on “APAC Tilt Rotor Aircraft Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and End-user,” is expected to reach US$ 136.08 million by 2028 from US$ 87.84 million in 2021. The market is estimated to grow at a CAGR of 6.5% from 2021 to 2028. The report provides trends prevailing in the APAC tilt rotor aircraft market along with the drivers and restraints pertaining to the market growth. Evolution of Tilt Rotor Aircraft for Civil Application are the major factor driving the growth of the APAC tilt rotor aircraft market. However, Narrow Adoption by Armed Forces of Major Countries hinder the growth of APAC tilt rotor aircraft market.

The tilt rotor aircraft market in APAC suffered minimal disruption as the number of on-going projects and development of such aircraft models is less. China is one of the prominent countries with a number of projects. The country experienced substantial loss during the 1st quarter of 2020. However, Chinese tilt rotor aircraft manufacturers revived their process and have stabilized their development processes. Apart from China, another development in the tilt rotor aircraft market in 2020 took place in Japan, where the country has taken delivery of two V-22 Osprey from Bell-Boeing in May 2020. This development has also stabilized the regions tilt rotor market.

The APAC tilt rotor aircraft market is segmented based on type, End-user, and country. Based on type, the tilt rotor aircraft market is segmented into manned aerial vehicles and unmanned aerial vehicles. The manned aerial vehicles segment held the largest share in 2020 based on type. Based on End-user, the tilt rotor aircraft market is segmented as civil and military. The military segment held the largest share in 2020 based on End-user.

BAE Systems plc, Boeing, Honeywell International Inc. Israel Aerospace Industries Ltd. Leonardo S.p.A, Lockheed Martin Corporation, Northrop Grumman Corporation, Aviation Industry Corporation of China, Ltd. (AVIC) are among the leading companies in the APAC tilt rotor aircraft market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, China Aerospace Science and Technology Corporation unveiled its CH-10 unmanned tilt rotor aircraft, designed for tactical application.

The report segments the APAC Tilt Rotor Aircraft Market as follows:


APAC Tilt Rotor Aircraft Market - By Type

  • Unmanned Aerial Vehicle
  • Manned Aerial Vehicle

APAC Tilt Rotor Aircraft Market - By End-user

  • Civil
  • Military

APAC Tilt Rotor Aircraft Market - By Country

  • China
  • Japan
  • Rest of APAC

Reasons to buy:

  • To understand the APAC tilt rotor aircraft market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC tilt rotor aircraft market
  • Efficiently plan M&A and partnership deals in APAC Tilt Rotor Aircraft Market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC tilt rotor aircraft market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region
Frequently Asked Questions about the Asia-Pacific Tilt Rotor Aircraft Market

What is the estimated value of the Asia-Pacific Tilt Rotor Aircraft Market?

The Asia-Pacific Tilt Rotor Aircraft Market was estimated to be valued at $87.84 Million in 2021.

What is the growth rate of the Asia-Pacific Tilt Rotor Aircraft Market?

The growth rate of the Asia-Pacific Tilt Rotor Aircraft Market is 6.5%, with an estimated value of $136.08 Million by 2028.

What is the forecasted size of the Asia-Pacific Tilt Rotor Aircraft Market?

The Asia-Pacific Tilt Rotor Aircraft Market is estimated to be worth $136.08 Million by 2028.

Who are the key companies in the Asia-Pacific Tilt Rotor Aircraft Market?

Key companies in the Asia-Pacific Tilt Rotor Aircraft Market include Aviation Industry Corporation of China, Ltd. (AVIC), BAE Systems plc, Boeing, Honeywell International Inc., Israel Aerospace Industries Ltd., Leonardo S.p.A and Northrop Grumman Corporation.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Tilt Rotor Aircraft Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. APAC Tilt Rotor Aircraft Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Lower Operating Cost of Tilt Rotor Aircraft
5.1.2 Boom in Military Spending for Procurement of Advanced Aircraft
5.2 Market Restraints
5.2.1 Narrow Adoption by Armed Forces of Major Countries
5.3 Market Opportunities
5.3.1 Rise of Unmanned Tilt Rotor Aircraft
5.4 Future Trends
5.4.1 Evolution of Tilt Rotor Aircraft for Civil Application
5.5 Impact Analysis of Drivers and Restraints
6. Tilt Rotor Aircraft - APAC Market Analysis
6.1 APAC Tilt Rotor Aircraft Market Overview
6.2 APAC Tilt Rotor Aircraft Market Revenue Forecast and Analysis
7. APAC Tilt Rotor Aircraft Market Revenue and Forecast To 2028 - Type
7.1 Overview
7.2 APAC Tilt Rotor Aircraft Market, By Type (2020 & 2028)
7.3 Unmanned Aerial Vehicle
7.3.1 Overview
7.3.2 Unmanned Aerial Vehicle: APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
7.4 Manned Aerial Vehicle
7.4.1 Overview
7.4.2 Manned Aerial Vehicle: APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
8. APAC Tilt Rotor Aircraft Market Analysis and Forecast To 2028 - End User
8.1 Overview
8.2 APAC Tilt Rotor Aircraft Market, By End User (2020 & 2028)
8.3 Civil
8.3.1 Overview
8.3.2 Civil: APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
8.4 Military
8.4.1 Overview
8.4.2 Military: APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
9. APAC Tilt Rotor Aircraft Market - Country Analysis
9.1 Overview
9.1.1 Asia Pacific: Tilt Rotor Aircraft Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2 Asia Pacific: Tilt Rotor Aircraft Market, by Key Country
9.1.3 China: Tilt Rotor Aircraft Market - Revenue and Forecast to 2028 (US$ Million)
9.1.3.1 China: Tilt Rotor Aircraft Market, by Type
9.1.3.2 China: Tilt Rotor Aircraft Market, by End User
9.1.4 Japan: Tilt Rotor Aircraft Market - Revenue and Forecast to 2028 (US$ Million)
9.1.4.1 Japan: Tilt Rotor Aircraft Market, by Type
9.1.4.2 Japan: Tilt Rotor Aircraft Market, by End User
9.1.5 Rest of APAC: Tilt Rotor Aircraft Market - Revenue and Forecast to 2028 (US$ Million)
9.1.5.1 Rest of APAC: Tilt Rotor Aircraft Market, by Type
9.1.5.2 Rest of APAC: Tilt Rotor Aircraft Market, by End User
10. APAC Tilt Rotor Aircraft Market - COVID-19 Impact Analysis
10.1.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 BAE Systems plc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 roducts and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Boeing
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Honeywell International Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Israel Aerospace Industries Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Leonardo S.p.A.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Lockheed Martin Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Northrop Grumman Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Aviation Industry Corporation of China, Ltd. (AVIC)
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About
13.2 Word Index
List of Tables
Table 1. APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific: Tilt Rotor Aircraft Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Tilt Rotor Aircraft Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Tilt Rotor Aircraft Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan: Tilt Rotor Aircraft Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan: Tilt Rotor Aircraft Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of APAC: Tilt Rotor Aircraft Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of APAC: Tilt Rotor Aircraft Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
List of Figures
Figure 1. APAC Tilt Rotor Aircraft Market Segmentation
Figure 2. APAC Tilt Rotor Aircraft Market Segmentation - By Country
Figure 3. APAC Tilt Rotor Aircraft Market Overview
Figure 4. APAC Tilt Rotor Aircraft Market, by Type
Figure 5. APAC Tilt Rotor Aircraft Market, by End User
Figure 6. APAC Tilt Rotor Aircraft Market, By Country
Figure 7. Porter’s Five Forces Analysis
Figure 8. Tilt Rotor Aircraft Market: Ecosystem Analysis
Figure 9. APAC Tilt Rotor Aircraft Market Impact Analysis of Drivers and Restraints
Figure 10. APAC Tilt Rotor Aircraft Market Revenue Forecast and Analysis (US$ Million)
Figure 11. APAC Tilt Rotor Aircraft Market, by Type (2020 & 2028)
Figure 12. Unmanned Aerial Vehicle: APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Manned Aerial Vehicle: APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Tilt Rotor Aircraft Market, By End User (2020 & 2028)
Figure 15. Civil: APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Military: APAC Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Asia Pacific: Tilt Rotor Aircraft Market - Revenue by Country to 2028 (US$ Million)
Figure 18. Asia Pacific: Tilt Rotor Aircraft Market Revenue Share, by Key Country (2020 & 2028)
Figure 19. China: Tilt Rotor Aircraft Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Japan: Tilt Rotor Aircraft Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Rest of APAC: Tilt Rotor Aircraft Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic in APAC Country Markets

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Aviation Industry Corporation of China, Ltd. (AVIC)
  • BAE Systems PLC
  • Boeing
  • Honeywell International Inc.
  • Israel Aerospace Industries Ltd.
  • Leonardo S.p.A
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation