Aircraft Arresting System Market Size, Share & Industry Analysis, By Type (Net Barrier, Cable, Mobile Aircraft Arresting System (MAAS)), By System (Fixed, Portable), By Platform (Ground-Based, Ship-Based), By End-User ( Commercial Airport, Aircraft Carrier, Military Airbase) And Regional Forecast, 2024-2032

Aircraft arresting systems are used in the aircraft during an emergency landing and emergency take-off operation by absorbing the aircraft momentum. These systems are improving the safety criteria of pilots and passengers by accomplishing secure landing and take-off operations. The increasing demand for aircraft arresting systems from several commercial airlines across the globe is propelling the market growth.

The factors are expected to drive the market are increasing use of arresting systems for naval carriers to prevent aircraft overruns. Moreover, ongoing developments to improve the efficiency of aircraft arresting system are anticipated to boost the market. The development of low-cost aircraft arresting systems solutions in the aviation industry is the upcoming opportunities for the market. However, high installation costs are involved in the development of arresting systems are affecting the market growth.

Key Market Driver -

• Increasing Installations of Engineered Materials Arresting System at Airports to Avoid Aircraft Overruns • Increasing Territorial Disputes Across the Globe to Lead Towards Development of Tactical Infrastructures

Key Market Restraint -

• Operational Concerns of Commercial Airlines Regarding Use of Aircraft Arresting Systems

Market Segmentation:

By type, the market is segmented into the net barrier, cable, mobile aircraft arresting system (MAAS), engineered materials arresting system (EMAS), and aircraft carrier arresting system. Based on the system, the market is segmented into fixed and portable. Based on the platform, the market is categorized into ground-based and ship-based. Based on end-user, the market is segmented into a commercial airport, aircraft carrier, and military airbase. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players Covered:

Major key players that are present in the aircraft arresting system market are A-Laskuvarjo (Finland), Atech Inc. (The U.S.), Aries Test Systems and Instrumentation (The U.S.), Curtiss-Wright Corp. (The U.S.), Escribano Mechanical & Engineering (Spain), Foster-Miller, Inc. (The U.S.), General Atomics (The U.S.), Runway Safea (Sweden), Scama Ab (Sweden), Victor Balata Belting Company (The U.S.), Wire Rope Industries (The U.S.), Wireco Worldgroup (The U.S.), Zodiac Aerospace ( France), and among others.

Key Insights

• Increasing Territorial Disputes Across the World to Lead Towards Development of Tactical Infrastructures.


• Increasing Demand for Technologically Advanced Aircraft Arresting Systems on Naval Carriers.

Regional Analysis:

The aircraft arresting system market is analyzed across four major regions North America, Europe, Asia Pacific, and Rest of the World. At present, North America is projected to steer the market during the forecast period. This growth is attributed to the presence of key players, which include Atech Inc., Aries Test Systems and Instrumentation, Curtiss-Wright Corp., Foster-Miller, Inc., General Atomics, Wireco Worldgroup, and among others.

The Asia Pacific is estimated to capture a significant market share of the aircraft arresting system during the forecast period. This market growth is owing to the increasing use of arresting gears in unmanned aerial vehicles of China, on account of the rapid growth of the defense industry. Furthermore, the increasing use of mobile aircraft arresting system from the Indian air force is propelling the market growth.

Europe also exhibits significant growth in the market. This growth is attributed to the presence of key players, which include Escribano Mechanical & Engineering, Runway Safea, and Scama Ab. In Europe, the rising adoption of aircraft arresting system in the defense sector is projected to boost the market. The Rest of the World registers significant growth during the forecast period. This growth is attributed to the growing demand for aircraft arresting system in South America, and Middle East & Africa.

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Segmentation

Aircraft Arresting System Market Industry Developments

• In August 2020, Runway Safe had signed a contract with San Diego International Airport to provide a technologically advanced EMASMAX engineered material arresting system ( EMAS). The EMAS system will be install in the financial year of 2021. 


• In May 2020, General Atomics and the U.S. Navy had signed a contract for ford-class electromagnetic aircraft launch systems and advanced arresting gear (AAG) systems. The General atomics was providing AAG systems to improve the efficiency of the U.S. Navy