Fighter Aircraft Market: Strengthening Air Defense Capabilities Globally

The global fighter aircraft market was valued at US$ 28.8 billion in 2021 and is projected to reach US$ 38.4 billion by 2028, growing at a CAGR of 3.8% during 2022–2028, according to Stratview Research. Market growth is driven by rising defense budgets, modernization of air forces, and increasing geopolitical tensions, prompting nations to enhance their air combat capabilities.