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This global tilt rotor aircraft market analysis report projects the market to have significant growth of CAGR 13.47% during the forecast period 2021-2031. North America is expected to dominate the global tilt-rotor aircraft market, with an estimated share of 47.95% in 2031. North America, including the major countries such as the U.S., is the most prominent region for the global tilt rotor aircraft market. The presence of major players and intense competition among them makes North America the most technologically advanced region.
The global tilt rotor aircraft market is gaining widespread importance owing to the rising demand for vertical take-off and landing capabilities and increase performance compared to conventional aircraft. Moreover, the increased investments by governments in urban air mobility and the increasing importance of tilt rotor aircraft in cargo transportation are some of the key factors t