Nov 2, 2017   SOURCE: BusinessWire

Global Light Attack and Reconnaissance Aircraft Market 2017-2021 with AIR TRACTOR, Embraer, IOMAX USA & Textron Dominating - Research and Markets

The "Global Light Attack and Reconnaissance Aircraft Market 2017-2021" report has been added to Research and Markets' offering.

The global light attack and reconnaissance aircraft market to grow at a CAGR of 3.49% during the period 2017-2021 .

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. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Development of cheaper export variant aircraft by developing countries. Emerging countries have been observed to take advantage of the increasing prices of aircraft development in developed countries. The relatively lower cost of manufacturing and labor in the developing countries provides them with the edge to develop aircraft and other platforms at a cheaper rate.

Though the platforms will be expensive for native use, the platforms will be cheaper compared with their counterparts in developed countries. It is expected that the developed countries will opt for the export variants of such aircraft from developing countries and hence, promote the development of aircraft platforms for export.

Key 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

Key vendors

  • AIR TRACTOR
  • Embraer
  • IOMAX USA
  • Textron

Other prominent vendors

  • AHRLAC
  • Hindustan Aeronautics Limited (HAL)
  • Hongdu Group.

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Platform

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/2fmmxq/global_light