Global Mobile Aircraft Arresting System- Market Overview:
Mobile Aircraft Arresting System is a self-contained, mobile system designed to facilitate aircraft recovery on permanent or temporary runways. An aircraft arresting system is used to reduce the speed of an aircraft during landing. Aircraft arresting systems absorb the momentum of the aircraft to bring it to a stop in a variety of situations, including regular landings, emergency landings, and aborted takeoffs. There are three types of aircraft arresting systems: aircraft arresting barriers, aircraft arresting cables, and engineered material arresting systems. Engineered material arresting systems (EMAS) are used at commercial airports, whereas aircraft arresting barriers and aircraft arresting cables are military systems used on tactical aircraft such as fighter jets. Depending on the application, aircraft arresting systems can be fixed to a runway or portable. Aircraft arresting systems improve passenger and pilot safety by aiding in a safe aircraft landing.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
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 |
Mobile Aircraft Arresting System- Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increase In Expenditure On Runway Safety
- Increase In Usages Of Arresting In Naval Carriers
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Restraints | - High Cost Associated With Development Of Mobile Aircraft Arresting System
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Road Blocks / Challenges | - Operational Concern Of Mobile Aircraft Arresting System
- Intense Competition Among Players
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Gaps & Opportunities | - Increase In The Number Of Aircraft Carriers Across The Globe
- Rising Adoption Of Mobile Aircraft Arresting System In Defense Sectors
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Competitive Landscape:
The market for mobile aircraft Arresting system is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Some of the key players profiled in the report are General Atomics (United States), SCAMA AB (Sweden), Curtiss-Wright Corporation (United States), A-laskuvarjo (Finland), Safran (France), Boeing (United States), Runway Safe (Sweden), Bridon-Bekaert (United Kingdom), QinetiQ (United Kingdom)) and Runway Safe Sweden AB (Sweden). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Mobile Aircraft Arresting System- market by 2027. Considering Market by Platform, the sub-segment i.e. Sea Based Systems will boost the Mobile Aircraft Arresting System- market. Considering Market by System, the sub-segment i.e. Fixed System will boost the Mobile Aircraft Arresting System- market.
On 14 July 2022, Curtiss-Wright Corporation announced that it has completed the acquisition of the Safran Aerosystems Arresting Company (SAA). The acquisition of the Safran arresting systems business firmly establishes Curtiss-Wright as a leading global supplier of fixed-wing aircraft recovery and arresting systems, and increases the breadth of the Company’s global defense portfolio
What Can be Explored with the Mobile Aircraft Arresting System- Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Mobile Aircraft Arresting System- Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Mobile Aircraft Arresting System-
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mobile Aircraft Arresting System- market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mobile Aircraft Arresting System- market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.