Aircraft Survivability Equipment Market Is Expected To Grow with a Healthy CAGR During 2017-2025
“The Latest Research Report Aircraft Survivability Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”
Aircraft survivability equipment reduces the susceptibility of an aircraft, thereby permitting the aircrews to undertake their immediate mission safely. These equipment maximize the survivability of an aircraft against a constantly growing threat without degrading combat mission effectiveness. The dynamics of the threat against aviation assets has increased significantly and become more complex due to combat missions in different countries. Therefore, governments across the world are planning to upgrade their existing infrastructure and system capabilities to meet the dynamic future threats.
Governments across the globe are encouraging the replacement of legacy systems for aircraft safety and surveillance by technologically advanced and multi-threat protection systems. Aircraft survivability equipment can flexibly work with existing mission systems, as they can integrate with mission systems of different platforms. This is an important factor that is driving the aircraft survivability equipment market. Furthermore, the rise in threat of asymmetric warfare, prevailing across the world, combined with the risk of advanced radio-frequency (RF) and infrared (IR) targeting systems is further encouraging the deployment of aircraft survivability equipment in the defense sector.
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Threats affecting the aircraft survivability equipment include the high cost associated with it. it The equipment is sophisticated in nature, since it distinguishes and characterizes threats in different spectrums such as infrared, acoustic, and ultraviolet. However, the impact of this threat is expected to decrease in the near future due to the increase in awareness about the effectiveness of aircraft survivability equipment.
New opportunities that are expected to boost the aircraft survivability equipment market include the increase in demand from the defense sector, across the world. The equipment acts as an advanced and multithread aircraft protection system, as it detects, identifies, and alerts defense aircrew regarding missile, laser, and hostile fire threat. Additionally, the aircraft survivability equipment is lightweight and reduces power consumption, and therefore, is reliable in prolonged and demanding combat environments that prevail around the world.
Moreover, increasing deployment of unmanned aerial vehicles (UAVs) in commercial and defense sectors is anticipated to provide expansion opportunities to the aircraft survivability equipment market. UAVs are likely to witness the usage of aircraft survivability equipment for security against various known and unknown threats, since they are increasingly being utilized for mapping, border surveillance, weather determination, surveying, targeted attack, and law enforcement.
The aircraft survivability equipment market can be segmented based on platform, subsystem, fit, and geography. The platform segment can be further sub-segmented into combat aircraft, combat helicopter, special mission aircraft, and unmanned aerial vehicle (UAV). In terms of subsystem, the aircraft survivability equipment market can be segmented into electronic support, electronic attack, and non-combat systems. The electronic support segment can be further sub-segmented into identification, friend or foe (IFF), radar warning receiver (RWR), laser warning system (LWS) and missile warning system (MWS). Moreover, the electronic attack segment can be further classified into countermeasure dispenser system (CMDS) and electronic countermeasure (ECM). Among these, CMDS is split into chaff and flare dispenser, whereas ECM comprises RF and IR jammer. Furthermore, the non-combat systems segment can be further sub-segmented into terrain following radar (TFR) and terrain awareness and warning system (TAWS). In terms of fit, the aircraft survivability equipment can be segmented into line fit and forward fit. Based on geography, the aircraft survivability equipment market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA) and South America.
Key players operating in the aircraft survivability equipment market include ASELSAN A.S., BAE Systems Inc., Chemring Group plc. Elbit Systems Ltd., Israel Aerospace Industries Ltd., Northrop Grumman Corporation, Orbital ATK, Inc., Raytheon Company, Ruag Holding AG, Saab AB, Terma A/S, and Thales Group.
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