Growth Opportunities for Aircraft Arresting System Market | Global Forecast to 2022 - PowerPoint PPT Presentation

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Growth Opportunities for Aircraft Arresting System Market | Global Forecast to 2022

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The Aircraft Arresting System Market was $749.5 Million in 2016 and is projected to reach $1,104.5 Million by 2022, at a CAGR of 6.38% during the forecast period. – PowerPoint PPT presentation

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Title: Growth Opportunities for Aircraft Arresting System Market | Global Forecast to 2022


1
Growth Opportunities for Aircraft Arresting
System Market Global Forecast to 2022
  • The Aircraft Arresting System Market was 749.5
    Million in 2016 and is projected to reach
    1,104.5 Million by 2022, at a
  • CAGR of 6.38 during the forecast period.
    Factors such as an increase in spending on
    runway safety and the acquisition of aircraft
    are expected to drive the market. This report
    forecasts the aircraft arresting system market
    and its dynamics over the next five years, also
    recognizing market application gaps, recent
    developments in the market, and high potential
    countries. The objectives of the report are to
    study the factors influencing the
  • market, map major industry players, and provide
    vendor analysis and competitor landscapes.
  • Download Sample Report _at_
  • https//www.marketsandmarkets.com/requestsampleNew
    .asp?id22596966
  • The major players in the aircraft arresting
    system market are Zodiac Aerospace (France),
    Runway Safe (Sweden), and General Atomics (US).
    Manufacturers mostly adopt new product launches
    as their key growth strategy. Zodiac Aerospace
    (France) is the leading company in the market,
    and caters to both, military and commercial
    segments. In the commercial segment, it commands
    over 90 of the total market share.
  • Target Audience
  • Original Equipment Manufacturers (OEMs)
  • Regulatory Bodies
  • Component Suppliers

2
  • Military
  • Technology Providers
  • Distributors
  • The growth of the market can be attributed to
    various technological developments taking place
    across the globe, which include the development
    of advanced arresting gears for Ford-class
    carriers, and mobile aircraft arresting systems,
    among others.
  • Based on type, the Engineered Aircraft Arresting
    System (EMAS) segment is projected to grow at
    the highest CAGR during the forecast period
  • Increasing investments in runway safety measures
    and the mandate to install EMAS at airports
    having runway safety length less than 1,000 feet
    by the Federal Aviation Administration are
    expected to boost the aircraft arresting system
    market. Countries such as Germany and China have
    also installed arresting systems as part of their
    runway safety measure programs.
  • Based on end use, the military airbase segment is
    projected to lead the aircraft arresting system
    market during the forecast period
  • The military airbase segment is projected to
    capture the maximum market share during the
    forecast period. The increase in procurement of
    fighter jets and need to construct temporary
    runways are factors expected to lead to the
    growth of this segment.
  • The North America aircraft arresting system
    market is expected to grow at the highest CAGR
    during the forecast period
  • North America is projected to lead the aircraft
    arresting system market during the forecast
    period, owing to the mandate of compulsory
    installation of engineered material arresting
    systems at commercial airports by the FAA and
    upgradation programs of aircraft carriers.
    Replacement of Nimitz class aircraft carriers
    with Ford class aircraft carriers as part of the
    upgradation program is expected to drive the
    demand for arresting systems in aircraft
    carriers.
  • Dont miss out on business opportunities in
    Aircraft Arresting System Market. Speak to our
    analyst and gain crucial industry insights that
    will help your business grow.
  • About MarketsandMarkets
  • MarketsandMarkets provides quantified B2B
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    for their pain points around revenues decisions.

3
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MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
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