What is Aerial Firefighting Market Scope?
Aerial Firefighting is the use of aircraft and other aerial sources for firefighting. In the Asia Pacific, increasing importance is for aircraft to be deployed trans-nationally for firefighting and a detachment usually includes a Supervision Aircraft for fire detection, reconnaissance, and command and control missions and VLAT Air Tanker for firebombing. ASEAN governments are now realizing the cost benefits of aerial firefighting with air tankers to supplement their current helicopter capabilities and this is major factor that aerial firefighting market will show marginal growth in the forecast period.
Influencing Trend:
Development of Unmanned Autonomous Helicopters for Aerial Fire Support
Market Growth Drivers:
The Growing Wildfire Challenges Facing both Australia and New Zealand highlight the Importance of a Swift and Effective Aerial Response and Increasing Threat to Suburban Dwellings by Bushfires
Challenges:
Rising Accidents of Firefighting Aircraft during Operation is a Major Challenge for the growth of the Market
Restraints:
High-Cost Associated with Aerial Freighting
Opportunities:
ASEAN Governments are Increasingly Budgeting to Develop their own Air Tanker Capability
The Aerial Firefighting market study is being classified by Type (Rotary-Wing and Fixed-Wing), by Application and major geographies with country level break-up.
Aerial Firefighting is a fragmented market due to the presence of a large number of established competitors. The key players focus on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions to help them sustain themselves in the market and maintain their competitive edge.The Manufacturers having a strong hold in the market are Lockheed Martin Corporation, ShinMaywa Industries, Ltd., Airbus S.A.S., and United Aircraft Corporation. Analysts at AMA predicts that Manufacturers from European and United States will contribute to the maximum growth of Asia Pacific Aerial Firefighting market throughout the predicted period.
Lockheed Martin Corporation (United States), ShinMaywa Industries, Ltd. (Japan), Airbus S.A.S. (Netherlands), United Aircraft Corporation (Russia), Viking Air Ltd (Canada), MD Helicopters Inc. (United States), Textron Inc. (United States), Kaman Corporation (United States), Leonardo SpA (Italy) and AeroVironment, Inc (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Bluebird Aero Systems (Israel), Alpha Unmanned Systems (Spain) and Draganfly Innovations (Canada).
Segmentation Analysis
Analyst at AMA have segmented the market study of Asia Pacific Aerial Firefighting market by Type, Application and Region.
On the basis of geography, the market of Aerial Firefighting has been segmented into Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific).
Market Influencers and their Development Strategies
On 9th December 2019, Lockheed Martin company and United Rotorcraft, a division of Air Methods Corporation have announced deliveries of three new S-70i FIREHAWK helicopters to California fire agencies: one each to the Department of Forestry and Fire Protection, the Los Angeles County Fire Department (LACoFD), and the City of San Diego Fire-Rescue Department.
On April 4, 2018, Lockheed Martin company has launched at FIDAE 2018 a two-month promotional tour of Chile, Ecuador, Colombia, Brazil, Argentina, and Peru to raise awareness of the Black Hawk helicopter’s effectiveness as an aerial firefighting platform.
Key Target Audience
Aerial Firefighting Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Others
Aerial Firefighting Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Aerial Firefighting Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Aerial Firefighting industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.