FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 502
Companies: 12 – Players covered include A-Laskuvarjo; Aries S.A.; ATECH Inc.; Bney Meir Ltd.; Curtiss-Wright Corporation; ESCRIBANO Mechanical and Engineering; General Atomics; QinetiQ North America; Scama AB; Wire Rope Industries; Wireco WorldGroup and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Commercial Airport, Military Airbase, Aircraft Carrier); System (Fixed, Portable); Type (Net Barrier, Cable, MAAS, EMAS, Aircraft Carrier Arresting System)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Aircraft Arresting System Market to Reach $1.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Aircraft Arresting System estimated at US$890.7 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2026, growing at a CAGR of 5.2% over the analysis period. Net Barrier, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$199.5 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cable segment is readjusted to a revised 4.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $256.6 Million in 2021, While China is Forecast to Reach $246.2 Million by 2026
The Aircraft Arresting System market in the U.S. is estimated at US$256.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$246.2 Million by the year 2026 trailing a CAGR of 7.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
MAAS Segment to Reach $221.9 Million by 2026
In the global MAAS segment, USA, Canada, Japan, China and Europe will drive the 5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$120.6 Million in the year 2020 will reach a projected size of US$169.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$29.8 Million by the year 2026, while Latin America will expand at a 6.6% CAGR through the analysis period. More
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