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  • Aircraft Survivability Equipment Market expected to be worth 4.62 Billion USD by 2022

     



    (Aviation-NewsWire.Com, September 13, 2017 ) 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.



    Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=31114876



    Browse 68 Market Data Tables and 47 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.



    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.



    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.



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    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



    Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



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