Aircraft Survivability Equipment Market to Register 5.49% CAGR through 2022, Forecasts M&M in Its New Report Published at MarketPublishers.com
25 Sep 2017 • by Natalie Aster
LONDON – The market for aircraft survivability equipment is anticipated to register a 5.49% CAGR in the offing, increasing from USD 3.54 billion as of 2017 to USD 4.62 billion by 2022. The surging requirement of defending aircraft against enemy threats, like air-to-air missiles (AAMs), ground-to-air missiles (GTAMs), and anti-aircraft guns, is poised to give a boost to the market. The increasing uptake of electronic warfare (EW) systems in military air forces is also projected to propel the market growth in the offing.
The line fit segment is set to take the lead in the market in 2017 owing to a hike in the end-user demand for aircraft survivability equipment in military aeronautics. Demand for pre-installed survivability equipment in aircraft going on sale is set to stimulated the line fit segment in the foreseeable future.
By platform, the combat helicopter segment takes the lead as of 2017 owing to the widespread use of combat helicopters in all corners of the world.
Based on subsystem, electronic support systems are projected to dominate the market in 2017, as these not only detect impending threats but can also be utilised to detect other aircraft in the target area.
Region-wise, Europe, led by the UK, Germany, Russia, Italy and France, is anticipated to dominate the aircraft survivability equipment market in 2017. The vast number of warcraft deliveries and the presence of such players as BAE Systems, RUAG Holding AG, Chemring Group, Saab AB, Thales Group, and Terma A/S, are contributing to the growth of the regional aircraft survivability equipment market.
New research study “Aircraft Survivability Equipment Market - Global Forecast to 2022” elaborated by M&M offers an all-round analysis of the market globally. The report examines the market, segmenting it based on fit, platform, and subsystem, as well as maps these segments/subsegments across leading regions.
The report casts light on the market dynamics exploring key market drivers, hindrances, opportunities, and industry challenges, alongside examining micromarkets pertaining to individual growth trends, perspective view, and their contribution to the aircraft survivability equipment market. It gives deep insights into upcoming technologies, R&D, and new product launches in the aircraft survivability equipment market; offers exhaustive details about novel products, recent developments, untapped geographies, and investments in the market. The study looks at the factors impacting market shares of the different regions of the world; thoroughly assesses the strategies, product lines, and production capabilities of the dominant market players.
The report provides estimates of the market size during 2015-2016 and projections through to 2022.
Follow MarketsandMarkets page to get access to a full list of the publisher’s research reports.