Special Mission Aircraft Market Growth, Trends, COVID-19 Impact, and Forecast 2030
The special mission aircraft market was valued at about USD 10.75 billion in 2020, and it is projected to reach approximately USD 16.56 billion in 2030, with a CAGR of about 4.6% during the forecast period (2021-2030). Due to the impact of the COVID-19 pandemic, the temporary ceasing of aircraft manufacturing and plans of aircraft OEMs to reduce aircraft production rates led to an overall decrease in special mission aircraft deliveries in 2020. However, according to Bombardier, the demand for medevac configured special mission aircraft increased in 2020. The escalating…
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