Aircraft Arresting System Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Market Insights
The aircraft arresting system market is likely to grow from USD 762.73 million in 2021 to reach USD 1305.9 million by 2028 at a healthy CAGR of 7.88% during the forecast period.
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What is aircraft arresting system?
Aircraft arresting system is used in absorbing the momentum of an aircraft to stop it either in case of a regular landing or an emergency landing or even in case of an aborted take-off. Net Barrier, Cable, Mobile system, Engineered Materials, and Aircraft Carrier Arresting System are the varied types through which the system operates stopping the aircraft. The system is used for commercial, military aircraft, and aircraft carriers.
Aircraft Arresting Systems can be fixed on the runaway or can be also portable in nature such as the cable types. It mainly makes sure to help the aircraft properly and in a balanced way.
Drivers
The impressive growth of the market is attributable towards:
- Rise in the expenditure on runway safety and the acquisition of aircraft.
- Installation of engineered materials is increasing.
- Increase in the use of arresting systems in naval carriers.
- Growth in the installation of EMAS at airports
- Advancement in arresting gear technologies
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Aircraft Arresting System Market analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
About Stratview Research
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