Tilt Rotor Aircraft Market Analysis, Size, and Growth (2024-2031)
Tilt Rotor Aircraft Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.07 Billion |
Market Size by 2031 | US$ 1.91 Billion |
Global CAGR (2023 - 2031) | 7.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Tilt Rotor Aircraft Market News and Recent Developments
The tilt rotor aircraft market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the tilt rotor aircraft market are listed below:
- Textron Inc (NYSE: TXT) announced today that Bell Textron Inc., a Textron company, has been awarded the development contract for the U.S. Army’s Future Long-Range Assault Aircraft (FLRAA) program. The award is based on Bell’s V-280 Valor tiltrotor that was developed and tested as part of the Joint Multi-Role Technology Demonstrator (JMR TD) program that began in 2013. The V-280 progressed through design, manufacturing, and more than three years of rigorous flight testing that provided extensive data validating the technical and operational advantages of the aircraft for the long-range assault mission. (Source: Textron Inc, Press Release, Feb 2022)
- Russia’s ZALA Aero Unveils Tilt rotor, hybrid-power Drones. The tilt rotor ZALA VTOL combines the best qualities of an aircraft-type drone and a tilt rotor, and also has the ability to change the configuration depending upon the task being performed (Source: ZALA Aero, Press Release, Apr 2021)
Tilt Rotor Aircraft Market Report Coverage and Deliverables
The “Tilt Rotor Aircraft Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Tilt rotor aircraft market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Tilt rotor aircraft market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed porter’s five forces analysis
- Tilt rotor aircraft market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the tilt rotor aircraft market
- Detailed company profiles