Aircraft Arresting System Market - Trends Forecast Till 2028

Market Overview

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.

Regional Analysis

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

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

Competitive Landscape

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