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Airplane Survivability Equipment Market Size, Share & Industry Analysis, By Platform (Combat aircraft, Combat helicopter, Special mission aircraft, UAV), By Fit (Line fit, Forward fit) And Regional Forecast 2023-2030

Region : Global | Report ID: FBI105866 | Status : Ongoing

 

KEY MARKET INSIGHTS

 Aircraft Survivability Equipment (ASE) is a collection of electronic equipment and systems designed to defend aircraft and personnel against threats such as infrared (IR) guided (heat seeking) missiles, laser-guided RF missiles, and unguided bombs by detecting and defeating threats. Governments all over the world are promoting the use of technologically advanced and multi-threat protection systems to replace legacy systems for airplane safety and surveillance. Aircraft survivability technology can interact with mission systems from many platforms, allowing it to function with existing mission systems in a flexible manner.


Furthermore, in November 2020, the U.S. army foreign military sales awarded a contract worth USD 71 million to BAE system for procurement of aircraft survivability equipment  “AN/AAR-57 Common Missile Warning System (CMWS)”.


Key Market Driver -

• Increase in advancement in defense sector globally drive the market growth.

Key Market Restraint -

• High cost associated with airplane survivability equipment hamper the market growth.


Market Segmentation:


By platform, the airplane survivability equipment market is segmented into combat aircraft, combat helicopter, special mission aircraft, UAV. Based on fit, the market is divided into line fit, forward fit. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and Rest of the world.


Key Players Covered:


The major companies included in the global airplane survivability equipment ASELSAN A.S. (Turkey), BAE Systems (The U.K.), Chemring Group Plc (The U.K.), Elbit Systems Ltd. (Israel), Israel Aerospace Industries Ltd. (Israel),Northrop Grumman Corporation (The U.S.), Raytheon Technologies Corporation (The U.S.), RUAG Holding AG (Switzerland), Saab AB (Sweden), Thales Group (France) and among others.


Key Insights:



  • Increase in demand for inmanned aerisal vehicle (UAVs) in commerical and defnese secptr boost opportunity for airplane survivability equipment market.


Regional Analysis:


The airplane survivability equipment market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America is expected to show significant growth in the airplane survivability equipment market during the forecast period. The growth in the region is  due to government support for development and upgradation of airplane survivability equipment, increase in budget by the government. Furthermore, in fiscal year 2020 the U.S. government allotted a budget of USD 52,297 thousand airplane survivability equipment. Such developments in the region drive the market growth.


Asia-Pacific is expected to show remarkable growth during 2021-2028.  The growth is attributed to the increased defense spending, large scale research and development activities in airplane survivability equipment development from countries such as China, India, South Korea and others.


The airplane survivability equipment market in Europe will witness significant growth owing to the increasing number of demand for advancement in defense technology, increase in investment in equipment’s market, increase in government funding.  Furthermore, presence of key players such as BAE Systems (The U.K.), Chemring Group Plc (The U.K.), Thales Group (France) drive the market in the region.


In Rest of the world, the market will showcase moderate growth during the forecast period. The growth is owing due to favorable government initiative  in countries such as Saudi Arabia, Turkey, Israel, and others, modernization of military technologies, demand for increased use of airplane survivability equipment in military operations.


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Segmentation






















  ATTRIBUTE


  DETAILS

By Platform




  • Combat aircraft

  •  Combat helicopter

  •  Special mission aircraft

  • UAV



By Fit




  • Line fit

  • Forward fit



By Geography




  • North America (The U.S., Canada)

  • Europe (The UK, Germany, France, Italy, Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea and Rest of Asia Pacific)

  • Rest of the world (Latin America, and the Middle East & Africa)



 Airplane Survivability Equipment Market Industry Developments



  • In March 2021, the U.K. minsitry of defense awarded BAE system a contract worth USD 21 million fro aircraft survivability equipment support and sustainment. The contract is for four and half year and includes annual repair and engineering services.

  • In July2021, the department of defense information anlaysis center awarded a contract to KBR a technology and engineering solutions company for procurement of services in support of navy training system and aircraft survivability equipment. The contract is worth USD 64.9 million and covers development and training system hardware and software and aircraft survivability equipment.


  • Ongoing
  • 2021
  • 2018-2020

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