Aircraft Arresting System Market Size, Share, Growth Trends, Industry Segments, Landscape and Demand by Forecast to 2023


Posted March 6, 2020 by nita01

Aircraft Arresting System Market Research Report: Information by Type (Cable, Net Barrier, Mobile Aircraft Arresting System, Engineered Materials Arresting System (EMAS)
 
Aircraft Arresting System Market Key Players


The key players in the global aircraft arresting system market are Curtiss-Wright Corporation (US), General Atomics (US), QinetiQ (UK), Safran (France), SCAMA AB (Sweden), WireCo WorldGroup (Paris), Bridon-Bekaert (UK), Runway Safe Sweden AB (Sweden), ESCRIBANO Mechanical and Engineering (Spain) and A-laskuvarjo (Finland).

Aircraft Arresting System Market Highlights

Aircraft arresting system enables in stopping an aircraft by absorbing its momentum in an emergency, routine landing and aborted takeoff. These systems offer enhanced safety to passengers and pilots by assisting in secure aircraft landing. Factors such as increasing aircraft manufacturing and growing air passenger traffic are boosting the market growth. However, high cost of development, installation and repair of aircraft arresting systems may hamper the market growth.


global aircraft arresting system market has been segmented based on type, system, platform, end user and region. On the basis of type, market is divided into cable, net barrier, Mobile, Aircraft Arresting System (MAAS), Engineered Materials Arresting System (EMAS) and aircraft carrier arresting system. In 2017, the cable segment dominated the global market. However, the EMAS segment is anticipated to grow at the highest CAGR owing to stringent government regulations pertaining installation of EMAS at airports having runway safety length less than 1,000 feet by the Federal Aviation Administration (FAA). On the basis of system, the market has been segmented into fixed and portable. The fixed segment dominated the market in 2017. Increasing territorial disputes across in various parts of the world is driving the market growth.


On the basis of platform, the market is segmented into ground-based and ship-based. the ship-based segment is anticipated to grow at the highest CAGR. Growing replacement of conventional systems with ship-based aircraft arresting system is boosting the demand for this segment. On the basis of end user, the market is segmented into commercial airport, aircraft carrier, and military airbase. The military airbase segment is anticipated to grow at the highest CAGR. Increasing procurement of jet aircrafts by developed and developing economies is bolstering the market growth. Additionally, the growing need to construct temporary runways is also boosting the market growth.

Aircraft Arresting System Market Research Report: Information by Type (Cable, Net Barrier, Mobile Aircraft Arresting System, Engineered Materials Arresting System (EMAS), Aircraft Carrier Arresting System), by System (Fixed, Portable), by Platform (Ground-Based, Ship-Based), by End User (Commercial Airport, Aircraft Carrier, Military Airbase), and by Region — Global Forecast till 2023 @ https://www.marketresearchfuture.com/reports/aircraft-arresting-system-market-7458


 
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Last Updated March 6, 2020