Aircraft Arresting System Market - Trends Forecast Till 2028

Aircraft Arresting System Market by Type (Net Barrier, Cable, Maas, EMAS, Aircraft Carrier Arresting System), End User (Commercial Airport, Military Airbase, Aircraft Carrier), System (Fixed, Portable), Platform and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: July, 2021

Base Year Estimate: 2020

Report ID: D-AD-AASM-234

Format:  

Number of Pages: 388

Domain: Aerospace & Defense

Aircraft Arresting System Market – Trends Forecast Till 2028

The global Aircraft Arresting System market size is projected to reach USD 1250 million by 2026 at a CAGR of 8.1% from USD 996 million in 2021 during the forecast period 2021-2028.

Aircraft Arresting System is primarily used for the purpose of saving an aircraft rom overrunning the runways in cases where the Pilot is anyhow unable to stop the aircraft either during landing or aborted take-offs. They are hence a better prevention device in the sector. It takes the help of specially designed gear brakes to perform the task.

With the increased usage of arresting systems for naval carriers along with the higher number of installations of EMA’s are some of the factors that have supported long-term expansion for Aircraft Arresting System Market.

Aircraft Arresting System Market Report

Asia Pacific is expected to be the largest market during the forecast period.

Aircraft Arresting System Market is segmented into type, end use, system, platform and geography.

On the basis of Type

  • Net Barrier
  • Cable
  • Mobile Aircraft Arresting System (MAAS)
  • Engineered Material Arresting System (EMAS)
  • Aircraft Carrier Arresting System

On the basis of End-User

  • Commercial Airport
  • Military Airbase
  • Aircraft Carrier

On the basis of System

  • Fixed System
  • Portable System

On the basis of Platform

  • Ground-based
  • Ship-based

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Aircraft Arresting System Market Primary Respondent

 

Key Players

  • Zodiac Aerospace
  • Runway Safe
  • General Atomics

Recent Developments

  • In December 2017, HALCOR METAL WORKS S.A entered into a merger agreement with ELVAL HELLENIC ALUMINIUM INDUSTRY S.A., in order to combine their companies into one operating entity, under the name ELVALHALCOR. The merger's purpose is to synergize and strengthen both their growth prospects in the aluminum market of Europe. This development will enhance the line set market share of Halcor in the European region.
  • In February 2019, Daikin completed the acquisition of AHT Group (Austria), a leading company in the commercial refrigeration market in Europe. The acquisition will help Daikin in adding a range of products, services, and solutions based on its air conditioning and refrigeration equipment.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Aircraft Arresting System market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 996 million

Growth Rate

CAGR of 8.1% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

type, end use, system, platform and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Zodiac Aerospace, Runway Safe, and General Atomics

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