Aircraft Arresting Market Size, Share & Industry Analysis, By Type ( Net Barrier, Cable, Aircraft Carrier Arresting System, Engineered Materials Arresting System (EMAS), Mobile Aircraft Arresting System (MAAS) ), By System ( Fixed, Portable ), By Platform ( Ground based, Ship based ), By End User ( Aircraft Carrier, Commercial Airport, Military Airbase ) and regional Forecast, 2024-2032
KEY MARKET INSIGHTS
Aircraft arresting systems are designed to stop the aircraft on the runway during high speed rejected take-off or landing of an aircraft. There are different types of arresting systems such as cables, engineered materials arresting systems, and barriers. Increasing expenditure on runway safety measures, and mandatory installation of engineered materials arresting systems at commercial airports with runway safety length less than 1,000 feet are expected to boosts the market. In 2019, U.S. Navy launchedford-class advanced arresting gear performance testing with T-45C at the Runway Arrested Landing Site (RALS).
Market Segmentation:
By type, the market segmented into net barrier, cable, aircraft carrier arresting system, engineered materials arresting system, and mobile aircraft arresting system. Based on the system, the market is classified into fixed and portable. Based on the platform, the market is segmented into ground-based and ship-based. By end-user, the market is divided into an aircraft carrier, commercial airport, and military airbase. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and Rest of the World.
Key Market Driver -
Growing use of arresting systems to prevent aircraft overruns by naval carriersdrive the growth of the market.
Key Market Restraint -
High development cost of aircraft arresting systemshampers the growth of the market.
Key Players Covered:
Major key players that are present in the global aircraft arresting market are General Atomics (The U.S.), SCAMA AB (Sweden), The Boeing Company(The U.S.), Runway Safe (Sweden), Safran (France), A-Laskuvarjo (Finland), Escribano Mechanical & Engineering (Spain),Curtiss-Wright Corporation(The U.S.), WireCo World Group (The U.S.), and among others.
Key Insights
- Mandatory installation of EMAS and increased spending on runway safety measuresdrive the growth of the market.
Regional Analysis:
The aircraft arresting market is analyzed across four major regions North America, Europe, Asia Pacific, and Rest of the World. North America is anticipated to witness significant growth owing to presence highest number of airports in the world. Increasing expenditure on developing advanced aircraft arresting systems and mandatory installation of EMAS on airports drive the growth of the market across North America. Furthermore, the presence of key players such as General Atomics, Curtis-Wright Corporation, The Boeing Company and others propels the growth of the market.
Asia-Pacific will witness remarkable growth in the aircraft arresting market during the forecast period. The growth is attributed to the rising number of airports and growing aircraft deliveries across the region. Rising runway safety measures to avoid accidents during aircraft landing drive the growth of the market across the region.
Europe is anticipated to witness remarkable growth owing to the increasing demand of aircraft arresting systems from countries such as Germany, The U.K, France, and others. Presence of key players such as Safran, SCAMA AB, Runway Safe, and others boosts the growth of the market. In the Rest of the World, the market will show moderate growth due to rising aircraft deliveries, and increasing investments in runway safety.
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Segmentation
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Aircraft Arresting MarketIndustry Developments
- In April 2016,Team Eagle, Ltd. And Zodiac Arresting Systems, a division of Zodiac Aerospace had launched AIROps Express electronic Airfield EMAS (Engineered Material Arresting System) inspection application.
- Ongoing
- 2023
- 2019-2022
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