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Some of the key manufacturers are:
Some of the significant strategies implemented by these manufacturers are collaboration with aircraft manufacturers, acquisition, new product development, and production capacity expansion.
The share of air superiority fighters was valued at nearly USD 35 million in 2019 owing to increased afterburner demand from the growing deployment of fighter aircraft for aerial domination.
The market for afterburner had reached USD 110.36 million in value during 2019 and will record about 8% CAGR up to 2026 by 2026 with the expanding backlog and production of fighter aircraft.
Aircraft with turbofans engine contributed about 95% of global afterburner industry share in 2019 as countries focus on reinforcing their military prowess and border safety.
North America afterburner market forecast is impacted by the high production of fighter aircraft in the U.S. and the regional industry will register over 11% CAGR through 2026.