Aircraft Survivability Equipment Market Expected to Reach $4.62 Billion by 2022, at a CAGR of 5.49% from 2017 to 2022

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Aircraft Survivability Equipment Market Expected
to Reach 4.62 Billion by 2022, at a CAGR of
5.49 from 2017 to 2022
According
to
the
market
research report "Aircraft
Survivability
Equipment
Market by Platform (Combat aircraft, Combat
helicopter, Special mission aircraft,
UAV),
Subsystem
(Electronic
Support,
Electronic
Attack,
Non-combat systems), Fit (Line
fit, Forward Fit) and Region -
Global Forecast to 2022", The
aircraft survivability equipment
market is projected to grow from
USD 3.54 Billion in 2017 to USD
4.62 Billion by 2022, at a CAGR
of
5.49
from
2017
to
2022.Replacement
of
legacy
systems with advanced combat
systems, increase in asymmetric
warfare,
and
the
threat
of
advanced infrared (IR) and radio-
frequency (RF) targeting systems are the major
factors driving the aircraft survivability
equipment market.
Browse 68 Market Data Tables and 46 Figures
spread through 138 Pages and in-
depth TOC on "Aircraft Survivability Equipment
Market"
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Based on platform, the UAV segment is projected
to grow at the highest CAGR
during the forecast period
Based on platform, the UAV (unmanned aerial
vehicle) segment of the aircraft
survivability equipment market is estimated to
witness the highest growth rate during
the forecast period. UAVs are remotely piloted
aerial vehicles that have significant roles
in the defense as well as commercial sectors.
These aerial vehicles, also commonly
termed as drones, are widely used for varied
missions, such as border surveillance,
mapping, surveying, weather determination, law
enforcement, and targeted attack by
the military. The military UAVs use ASE for
protection against various known and
unknown threats.
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Based on subsystem, the electronic support
segment is estimated to witness the
highest growth during the forecast period
Based on subsystem, the electronic support
segment of the aircraft survivability
equipment market is projected to grow at the
highest CAGR during the forecast period.
The growth of this segment can be attributed to
the increasing need to protect aircraft
against missiles and other such threats. IFF
(Identification, Friend or Foe), RWR (Radar
Warning Receiver), LWS (Laser Warning System),
and MWS (Missile Warning System)
are the major systems included in the electronic
support segment.
Based on fit, the forward fit segment is
estimated to witness a higher growth rate
than the line fit segment during the forecast
period
Based on fit, the forward fit segment
of
the
aircraft
survivability
equipment market is projected to
grow at a higher CAGR than the line
fit
segment
during
the
forecast
period.
The
anticipated
higher
growth
rate
of
the
forward
fit
segment is due to the huge number
of aging aircraft that will need to be
upgraded with advanced systems.
The
Middle
East
market
is
expected to witness the highest
growth during the forecast period
Among regions, the Middle East
aircraft
survivability
market
is
projected to grow at the highest
CAGR during the forecast period.
Increasing revenue from oil exports, GDP growth,
growing tension between the US and
Iran, and the ongoing war in Syria have
considerably increased the military spending of
countries in the Middle East region.
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Key Market Players
Major companies profiled in the Aircraft
Survivability Equipment Market report are
Northrop Grumman Corporation (US), Orbital ATK,
Inc. (US), Thales Group (France),
Chemring Group PLC (UK), Saab AB (Sweden), BAE
Systems (UK), and Israel Aerospace
Industries Ltd. (Israel), among others.
Dont miss out on business opportunities in
Aircraft Survivability Equipment
Market. Speak to our analyst and gain crucial
industry insights that will help your
business grow.
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