Asia-Pacific Tilt Rotor Aircraft Market Growth Drivers and Forecast by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

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)

Report Date : Jun 2021
Report Code : TIPRE00023040

Category : Aerospace and Defense
Status : Published

Available Report Formats :
No. of Pages : 75

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The tilt rotor aircraft market in APAC is expected to grow from US$ 87.84 million in 2021 to US$ 136.08 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028.

The China and Japan are major economies in APAC. Evolution of Tilt Rotor Aircraft for Civil Application. Owing to the growing number of high net individual and ultra-high net individuals across the globe, especially in emerging economies of Asia Pacific, the adoption of tilt rotor aircraft is anticipated to witness a steady growth. Until now the tilt rotor aircraft was majorly used for military application; however, recently, Leonardo S.p.A launched AW609, a tilt rotor aircraft. The tilt rotor aircraft can play a vital role in search and rescue (SAR) as well as emergency medical services (EMS) operations owing to aircraft’s long range and VTOL capabilities, with which it can potentially replace helicopters. Also, the tilt rotor aircraft can be utilized in the forthcoming urban ariel mobility industry as these aircraft have longer range compared to rotor wing aircraft, thus allowing to save significant amount of operational cost. Thus, all these factors are projected to drive the market growth in the coming years. is also bolstering the growth of the industry.

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. 22695-img1

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

APAC Tilt Rotor Aircraft Market Segmentation

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

APAC Tilt Rotor Aircraft Market Mentioned

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

Asia-Pacific Tilt Rotor Aircraft Report Scope

Report Attribute	Details
Market size in 2021	US$ 87.84 Million
Market Size by 2028	US$ 136.08 Million
Global CAGR (2021 - 2028)	6.5%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Unmanned Aerial Vehicle and Manned Aerial Vehicle By End User Civil and Military
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	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

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Asia-Pacific Tilt Rotor Aircraft Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Asia-Pacific Tilt Rotor Aircraft Market Report Snapshots

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