Maritime Patrol Aircraft Market Scope
A maritime patrol aircraft is also known as a maritime reconnaissance aircraft or patrol aircraft. It is a fixed-wing aircraft designed to operate for long durations over water in maritime patrol roles in particular anti-submarine warfare (ASW), search and rescue (SAR), and anti-ship warfare (AShW). Among other maritime surveillance resources, such as satellites, unmanned aerial vehicles (UAVs), ships, and helicopters, the maritime patrol aircraft is a vital asset. To perform anti-submarine warfare operations, maritime patrol aircrafts typically carry air-deployable sonar buoys as well as torpedoes and are typically capable of extended flight at low altitudes.
Research Analyst at AMA estimates that United States and France Manufacturers will contribute to the maximum growth of India Maritime Patrol Aircraft market throughout the predicted period.
Airbus S.A.S (France), Boeing (United States), Lockheed Martin Corporation (United States), Saab AB (Sweden), BAE Systems plc. (United Kingdom), Leonardo S.p.A (Italy), Thales Group (France), Kawasaki Heavy Industries, Ltd (Japan), Dassault Aviation (France) and Textron Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of India Maritime Patrol Aircraft market by Type (Jet Engine Aircraft and Turboprop Aircraft) and Region with country level break-up.
On the basis of geography, the market of Maritime Patrol Aircraft has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 5 Sept. 2019, India is set to go ahead with a USD 3.1-billion deal with the US to acquire maritime aircraft for the Navy that will add to its surveillance capabilities in the Indian Ocean Region. The procurement of 10 Boeing P8I maritime patrol aircraft is likely to be cleared at a key acquisition meeting next week, with the contract to be processed under the foreign military sales (FMS) route.
Market Trend
- Jet Engine Aircraft is Gaining in Popularity
Market Drivers
- The Increasing Threat of Terrorism and Border Issues Have Led the India to Focus on Strengthening Their Maritime Surveillance
- The Need for Replacement of Aging Maritime Patrol Aircraft
Opportunities
- The Increasing Military Spending Of India Further Propelling the Growth
Restraints
- COVID-19 Pandemic is expected to hamper the Deals
Key Target Audience
Maritime Patrol Aircraft Manufacturers, Maritime Patrol Aircraft Sub Component Manufacturers, OEM’s, Research & Consulting Firms, Regulatory & Government Bodies and Others