Aircraft Survivability Equipment Market is expected to grow at a CAGR of 7.25% during the next five years, according to a newly added report by Stratview Research. Substitution of legacy systems with progressive combat systems, rise in asymmetric warfare, and the threat of sophisticated infrared (IR) and radio-frequency (RF) targeting systems are the major factors that are expected to underpin the global aircraft survivability equipment market during the forecast period.
The report offers detailed insights into relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in four ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2020-2025.
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As per the report, among different sub-system types, the electronic support segment comprises systems that sense incoming threats to an aircraft, such as surface-to-air missiles, air-to-air missiles, rocket-propelled grenades, shoulder-fired missiles, and anti-aircraft artilleries; and the segment’s demand is driving the growth of the market in the coming five years.
The forward fit is projected to register the largest share of the market in the coming five years, in the segment of fit type.
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Europe is expected to remain the largest market for aircraft survivability equipment in the coming five years, according to the analyst. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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The report further mentions the key manufacturing players Aselsan A.S., BAE Systems plc, Chemring Group, Elbit Systems Ltd., Israel Aerospace Industries Ltd., Northrop Grumman Corporation, Orbital ATK Inc., Ruag Holding AG, and Thales Group who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the aircraft survivability equipment market that can be helpful for interested clients in analyzing the market and making the right decisions accordingly.
Salient Features of the Report
The report on Aircraft Survivability Equipment Market is a well-researched work after analyzing various data from different reliable sources. The report included some of the salient features such as:
- Market structure,
- Market environment analysis,
- Market trend and forecast analysis,
- Market segment trend and forecast,
- Competitive landscape and dynamics,
- Attractive market segments and associated growth opportunities,
- Emerging trends,
- Strategic growth opportunities for the existing and new players,
- Key success factors
About Stratview Research:
Stratview Research is a global research company offering custom research and market research reports for interested clients in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it.
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