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Aircraft Arresting System Market by Type, End User, System, Platform, and Region - Global Forecast to 2022

Aircraft Arresting System Market: Global Forecast until 2022

  • July 2017
  • 167 pages
  • ID: 5044776
In this report:
According to the inputs from the primary respondents and secondary research, ##%-##% of the total airports across the globe are expected to have EMAS systems installed by 2037.
The commercial airport segment of the market is expected to grow at the highest CAGR of ##.##% from 2017 to 2022.
The commercial airport segment of this market is expected to grow at the highest CAGR of ##.##% from 2017 to 2022.

Summary

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Increasing spending on airport improvement programs and aircraft carrier modernization & acquisition plans are forecast to steer the aircraft arresting system market

The aircraft arresting system market is forecasted to grow from an estimated $810.60M in 2017 to $1104.50M in 2022, at a compound annual growth rate (CAGR) of 6.38% during the forecast horizon. Rise in spending on runway safety measures is predicted to push the aircraft arresting system market for engineered material arresting system manufacturers, because, growing procurement and upgradation of aircraft carriers is predicted to push the aircraft arresting system market for military system manufacturers. The aircraft arresting system market is anticipated to witness technological advancements for applications at commercial airports.

Nevertheless, high costs of aircraft arresting systems and sufficient runway safety length in countries of the Asia Pacific and EU are the main restraints in the increase of the aircraft arresting system market.

Established on category, the Engineered Material Arresting System segment is expected to rise at the highest CAGR (Compound annual growth rate) during the estimate period

On the basis of category, the EMAS segment is anticipated to witness the top compound annual growth rate during the outlook period. The Federal Aviation Administration has made the installation of EMAS mandatory for US airports with inadequate runway safety length (less than 1,000 feet) in order to prevent aircraft overrunning runways.

Countries including China (CN) and Germany (DE) have also started installing EMAS at airports as part of runway safety measures. The rising spending on airport improvement plans, especially, runway safety, is predicted to push the EMAS market segment during the estimate period.

North America continent is anticipated to lead the aircraft arresting system market during the outlook period

The aircraft arresting system market in North America (NA) is expected to grow at the highest compound annual growth rate (CAGR) during the estimate period. North America continent recorded for the biggest share of the aircraft arresting system market in 2016 and is anticipated to continue in this forecast overall the outlook period. The FAA mandate for the installation of EMAS and upgradation of aircraft carriers is predicted to push the aircraft arresting system market in North America (NA).

Profile break-up of primary participants from the aircraft arresting system market

• By Company category - Tier 1 - 35 %, Tier 2 - 45.0 percent and Tier 3 - 20.0 percent

• By Description - C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

• By Area - North America continent - 45.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 30.0 percent, RoW - 5.0 percent

Main firms decribed in the aircraft arresting system market report are Zodiac Aerospace, Runway Safe, General Atomics, SCAMA SE, Boeing, A-Tech Inc., A-Laskuvarjo, and Escribano Mechanical & Engineering

.

Segment Research

The aircraft arresting system market has been split on the basis of type, end use, system, platform and area. On the basis of class, the aircraft arresting system market has been broken down into net barriers, cable, Mobile Aircraft Arresting System, Engineered Material Arresting System. On the basis of end use, the aircraft arresting system market has been split into commercial airport, aircraft carrier, and military airbase. On the basis of system, the aircraft arresting system market has been divided into fixed and portable. On the basis of platform, the aircraft arresting system market has been broken down into ship based and ground based.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses -industry study (market & technology trends, and patent review), market-share study of top actors and company descriptions. These together comprise and discuss basic views on the competitive landscape, coming out and high-growth segments of the aircraft arresting system market, high-growth areas and territories, and their specific regulatory policies, government actions, and sector drivers, market restraints, and alternatives.

The market research offers business insights into these pointers:

• Market Uptake: Exhaustive data on the aircraft arresting system market and products provided by the most important 13 market actors in the aircraft arresting system market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis and growth activities, and recent product launches in the aircraft arresting system market

• Market Development: Highlighted information about lucrative industries - the report analyses sectors for aircraft arresting systems across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the aircraft arresting system market

• opposing assessment: Detailed assessment of market shares, strategies, products, manufacturing competences, and vendor review of the leading actors in the aircraft arresting system market

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