Below are some of the key findings from aircraft arresting systems market analysis report
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Global Aircraft Arresting Systems Industry Outlook
Increased installations of aircraft arresting system at airports to avoid aircraft traffic is one of the major trends for the growth of the aircraft arresting systems market. Advancements in arresting gear technologies and increased demand of naval carriers are some of the key factor fueling the demand of the market of aircraft arresting systems in the coming years. Therefore, increased expenditure on runway safety measures is expected to drive the aircraft arresting system market for arresting system manufacturers, whereas, increasing procurement and upgradation of aircraft carriers is expected to drive the aircraft arresting system market for military system manufacturers. Also, FAA mandate for the installation of EMAS and upgradation of aircraft carriers will drive the aircraft arresting system market growth during the forecast period. Thus, the growing momentum of the aircraft arresting systems market is expected to accelerate at a CAGR of over 7% during the forecast period.
Top aircraft arresting systems companies covered in this report
The global aircraft arresting systems market is moderately fragmented. The market is in the growth by the end of the forecast period. This report covers a detailed insight into the products offered by various leading companies which will help the clients to improve their revenue shares in this market. In addition, this aircraft arresting systems study also advises key strategies and recommends areas the companies should be focusing on for making the most of the upcoming growth opportunities.
The report covers a detailed information of various leading companies, including:
- Curtiss-Wright
- General Atomics
- QinetiQ
- Runway Safe
- SCAMA
- ZODIAC AEROSPACE
Aircraft arresting systems market segmentation based on applications
- Military
- Commercial and civil
The military segment accounted for the largest growth of the global aircraft arresting systems market during 2017. The military sector will continue to dominate the market throughout the next five years.
Aircraft arresting systems market segmentation based on geography
The Americas accounted for the largest aircraft arresting systems market share during 2017. This region will witness an increase in its market share and dominate the market during the forecast period.
Key highlights of the global aircraft arresting systems market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the global aircraft arresting systems market during the next five years
- Precise estimation of the global aircraft arresting systems market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the global aircraft arresting systems industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of global aircraft arresting systems companies
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