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Aircraft Arresting System Market, Global Outlook and Forecast 2023-2029

Aircraft Arresting System Market, Global Outlook and Forecast 2023-2029

  • Published on : 26 April 2023
  • Pages :68
  • Report Code:SMR-7658089

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Report overview

Aircraft Arresting System is a mechanical system used to rapidly decelerate an aircraft as it lands.Typical systems consist of several steel wire ropes laid across the aircraft landing area, designed to be caught by an aircraft's tailhook. During a normal arrestment, the tailhook engages the wire and the aircraft's kinetic energy is transferred to hydraulic damping systems attached below the carrier deck. There are other related systems which use nets to catch aircraft wings or landing gear. These barricade and barrier systems are only used for emergency arrestments for aircraft without operable tailhooks
This report aims to provide a comprehensive presentation of the global market for Aircraft Arresting System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Arresting System. This report contains market size and forecasts of Aircraft Arresting System in global, including the following market information:
Global Aircraft Arresting System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Aircraft Arresting System market was valued at US$ 768.4 million in 2022 and is projected to reach US$ 974 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Among types, the Engineered Material Arresting System (EMAS) segment is projected to grow at the highest CAGR during the forecast period; the cable segment is projected to lead the market during the forecast period. Factors such as mandatory installation of EMAS at airports having runway safety length less than 1,000 feet and increasing spending on runway safety measures are expected to drive the market.
We surveyed the Aircraft Arresting System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aircraft Arresting System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Aircraft Arresting System Market Segment Percentages, by Type, 2022 (%)
Net Barrier
Cable
Mobile Aircraft Arresting System(MAAS)
Engineered Material Arresting System(EMAS)
Aircraft Carrier Arresting System
Global Aircraft Arresting System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Aircraft Arresting System Market Segment Percentages, by Application, 2022 (%)
Commercial Airport
Military Airbase
Aircraft Carrier
Global Aircraft Arresting System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Aircraft Arresting System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aircraft Arresting System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Aircraft Arresting System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
eneral Atomics
Zodiac Aerospace
Scama
Aries Test Systems and Instrumentation
Atech
A-Laskuvarjo
Escribano Mechanical & Engineering
Victor Balata Belting Company
Foster-Miller
Curtiss-Wright
Wire Rope Industries
Wireco Worldgroup
Runway Safe
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aircraft Arresting System, market overview.
Chapter 2: Global Aircraft Arresting System market size in revenue.
Chapter 3: Detailed analysis of Aircraft Arresting System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Aircraft Arresting System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.