North America 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)

Publication Month: Jun 2021 | Report Code: TIPRE00023042 | No. of Pages: 79 | Category: Aerospace and Defense | Status: Published

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The tilt rotor aircraft market in North America is expected to grow from US$ 854.02 million in 2021 to US$ 1,506.46 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.

The US, Canada, and Mexico are major economies in North America. Lower operating cost of tilt rotor aircraft. A tilt rotor aircraft generates its lift and propulsion with the help of rotors that are mounted at the end of the fixed wing. The rotors are vertically tilted to generate lift and further the aircraft gradually gains forward momentum as the rotors are tilted in horizontal direction. Thus, this enables the aircraft to have vertical take-off and landing capability (VTOL) of a rotary wing aircraft and the range & speed of a fixed wing aircraft. This capability eliminates the need for dedicated landing strip for such aircraft. Also, such aircraft are considered more efficient compared to a rotary wing aircraft when it comes to transporting people and goods within short distance. As rotary wing aircraft are widely used for travelling shorter distance, the operating cost of rotary wing aircraft is generally at higher side compared to fixed wing aircraft. Thus, utilizing tilt rotor aircraft for transportation application enables end users to save significant amount of operation cost. Owing to the aforementioned advantages of tilt rotor aircraft, the market is anticipated to witness steady growth during the forecast period. is also bolstering the growth of the industry.

 

North American market suffered substantial economic loss in the first half of 2020 owing to the high number of COVID-19 cases, specifically in the US. The economic growth had slowed, which delayed the ongoing projects of military and defense up-gradation. The US is one of the major exporters of arms products, but due to the disrupted supply chain and lower economic conditions of importing countries, export revenue is reduced. Enhancing trade relations to support international supply post lockdown helped the market to regain its position. The limited workforce strength due to the physical distancing model hampered the production activities in-country. Also, the disruption in defense electronics supply chain caused hindered the growth of the US tilt rotor aircraft market.  

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North America Tilt Rotor Aircraft Market Segmentation 

 

North America Tilt Rotor Aircraft Market – By Type

  • Unmanned Aerial Vehicle
  • Manned Aerial Vehicle

 

North America Tilt Rotor Aircraft Market – By End User

  • Civil
  • Military

    

North America Tilt Rotor Aircraft Market, by Country

  • US
  • Canada
  • Mexico

North America Tilt Rotor Aircraft Market Mentioned

  • BAE Systems plc
  • Bell Textron Inc
  • Boeing
  • Honeywell International Inc.
  • Israel Aerospace Industries Ltd.
  • Leonardo S.p.A
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners 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.           North America 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.           North America Tilt Rotor Aircraft Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Lower Operating Cost of Tilt Rotor Aircraft

5.1.2        Growing Military Spending for Procurement of Advanced Aircraft

5.2         Market Restraints

5.2.1        Limited Adoption by Armed Forces of Major Countries

5.3         Market Opportunities

5.3.1        Emergence of Unmanned Tilt Rotor Aircraft

5.4         Future Trends

5.4.1        Development of Tilt Rotor Aircraft for Civil Application

5.5         Impact Analysis of Drivers and Restraints

6.           Tilt Rotor Aircraft – North America Market Analysis

6.1         North America Tilt Rotor Aircraft Market Overview

6.2         North America Tilt Rotor Aircraft Market Revenue Forecast and Analysis

7.           North America Tilt Rotor Aircraft Market Revenue and Forecast To 2028 – Type

7.1         Overview

7.2         North America Tilt Rotor Aircraft Market, By Type (2020 & 2028)

7.3         Unmanned Aerial Vehicle

7.3.1        Overview

7.3.2        Unmanned Aerial Vehicle: North America 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: North America Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)

8.           North America Tilt Rotor Aircraft Market Analysis and Forecast To 2028 – End User

8.1         Overview

8.2         North America Tilt Rotor Aircraft Market, By End User (2020 & 2028)

8.3         Civil

8.3.1        Overview

8.3.2        Civil: North America Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)

8.4         Military

8.4.1        Overview

8.4.2        Military: North America Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)

9.           North America Tilt Rotor Aircraft Market – Country Analysis

9.1         Overview

9.1.1        North America: Tilt Rotor Aircraft Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2        North America: Tilt Rotor Aircraft Market, by Key Country

9.1.3        US: Tilt Rotor Aircraft Market – Revenue and Forecast to 2028 (US$ Million)

9.1.3.1          US: Tilt Rotor Aircraft Market, by Type

9.1.3.2          US: Tilt Rotor Aircraft Market, by End User

9.1.4        Canada: Tilt Rotor Aircraft Market – Revenue and Forecast to 2028 (US$ Million)

9.1.4.1          Canada: Tilt Rotor Aircraft Market, by Type

9.1.4.2          Canada: Tilt Rotor Aircraft Market, by End User

9.1.5        Mexico: Tilt Rotor Aircraft Market – Revenue and Forecast to 2028 (US$ Million)

9.1.5.1          Mexico: Tilt Rotor Aircraft Market, by Type

9.1.5.2          Mexico: Tilt Rotor Aircraft Market, by End User

10.        North America Tilt Rotor Aircraft Market - COVID-19 Impact Analysis

10.1      Overview

10.1.1     North America: 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     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Bell Textron Inc.

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      Boeing

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      Honeywell International Inc.

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      Israel Aerospace Industries Ltd.

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      Leonardo S.p.A.

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      Lockheed Martin 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      Northrop Grumman Corporation

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 The Insight Partners

13.2      Word Index

LIST OF TABLES

Table 1.             North America Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             North America: Tilt Rotor Aircraft Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             US: Tilt Rotor Aircraft Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             US: Tilt Rotor Aircraft Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Canada: Tilt Rotor Aircraft Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada: Tilt Rotor Aircraft Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Mexico: Tilt Rotor Aircraft Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Mexico: Tilt Rotor Aircraft Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 9.             List of Abbreviation

LIST OF FIGURES

Figure 1.           North America Tilt Rotor Aircraft Market Segmentation

Figure 2.           North America Tilt Rotor Aircraft Market Segmentation – By Country

Figure 3.           North America Tilt Rotor Aircraft Market Overview

Figure 4.           North America Tilt Rotor Aircraft Market, by Type

Figure 5.           North America Tilt Rotor Aircraft Market, by End User

Figure 6.           North America Tilt Rotor Aircraft Market, By Country

Figure 7.           Porter’s Five Forces Analysis

Figure 8.           Tilt Rotor Aircraft Market: Ecosystem Analysis

Figure 9.           Tilt Rotor Aircraft Market Impact Analysis of Drivers and Restraints

Figure 10.        North America Tilt Rotor Aircraft Market Revenue Forecast and Analysis (US$ Million)

Figure 11.        North America Tilt Rotor Aircraft Market, by Type (2020 & 2028)

Figure 12.        Unmanned Aerial Vehicle: North America Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Manned Aerial Vehicle: North America Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        North America Tilt Rotor Aircraft Market, By End User (2020 & 2028)

Figure 15.        Civil: North America Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Military: North America Tilt Rotor Aircraft Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        North America: Tilt Rotor Aircraft Market – Revenue by Country to 2028 (US$ Million)

Figure 18.        North America: Tilt Rotor Aircraft Market Revenue Share, by Key Country (2020 & 2028)

Figure 19.        US: Tilt Rotor Aircraft Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Canada: Tilt Rotor Aircraft Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Mexico: Tilt Rotor Aircraft Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Impact of COVID-19 Pandemic in North American Country Markets

 

  1. BAE Systems plc
  2. Bell Textron Inc
  3. Boeing
  4. Honeywell International Inc.
  5. Israel Aerospace Industries Ltd.
  6. Leonardo S.p.A
  7. Lockheed Martin Corporation
  8. Northrop Grumman Corporation
  • To understand the North America 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 North America tilt rotor aircraft market
  • Efficiently plan M&A and partnership deals in North America 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 North America tilt rotor aircraft market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
TIPRE00023042
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