Global Light Attack and Reconnaissance Aircraft Market to Grow at a CAGR of 3.49% During The Period 2017-2021 .

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About Light Attack and Reconnaissance Aircraft
Light attack and reconnaissance aircraft are deployed for light counter-insurgency, ground attack, and surveillance operations. Conventional military aircraft with heavy armor and high-intensity munitions are very expensive, and only a few countries can afford to maintain a fleet of such aircraft. Although many countries require such aerial platforms for their defense, they are constrained by their limited defense budgets. Some countries have very low specification requirement but are forced to operate expensive, high-spec aircraft due to the lack of low-cost light aircraft. Adoption of light attack and reconnaissance aircraft is a viable option for such countries.

Technavios analysts forecast the global light attack and reconnaissance aircraft market to grow at a CAGR of 3.49% during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global light attack and reconnaissance aircraft market for 2017-2021 . To calculate the market size, the report considers the new developments and procurements of light attack and reconnaissance aircraft by the defense agencies of countries.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Light Attack and Reconnaissance Aircraft Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AIR TRACTOR
Embraer
IOMAX USA
Textron
Other prominent vendors
AHRLAC
Hindustan Aeronautics Limited (HAL)
Hongdu Group.
Market driver
Decelerating economy of developing countries
For a full, detailed list, view our report
Market challenge
Development of substitutes
For a full, detailed list, view our report
Market trend
Development of cheaper export variant aircraft by developing countries
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market overview
Market size and forecast
Five forces analysis
PART 06: MARKET SEGMENTATION BY PLATFORM
Market share for 2016 (%)
Market share for 2021 (%)
Market segmentation from 2016 to 2021 (%)
Global fixed-wing light attack and reconnaissance aircraft market
Global rotary-wing light attack and reconnaissance aircraft market
PART 07: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas market size & forecast
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EMEA market size & forecast
APAC market size & forecast
Market opportunity
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 10: MARKET TRENDS
Development of cheaper export variant aircraft by developing countries
Focus on development of low-cost ISR aircraft
Extended strike range of light attack aircraft due to integration of laser-guided rockets
PART 11: VENDOR LANDSCAPE
Competitive scenario
Continue...
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