Market Overview:
The global aircraft arresting system market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.5% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). In terms of volume, the market is expected to reach 2,711 units by 2030. The growth of the global aircraft arresting system market can be attributed to increasing air traffic across the globe and rising demand for safe landing of aircrafts. Additionally, increase in number of military airports and aircraft carriers are also expected to fuel the demand for aircraft arresting systems during the forecast period. However, high installation cost may restrain the growth of this market during the forecast period. In terms of type, cable segment is anticipated to hold dominant position in global Aircraft Arresting System Market throughout 2030 followed by net barrier segment owing its low installation cost as compared with other types segments such as mobile Aircraft Arresting System(MAAS), Engineered Material Arresting System(EMAS) and Aircraft Carrier Arresting System segments .Commercial airport application held largest share in 2017 among all applications due higher adoption rate across globe followed by military airbase application over next 10 years .
Product Definition:
An aircraft arresting system, or arrestor gear, is a system used to rapidly decelerate an aircraft. Aircraft arrestor systems are found at military airfields and some commercial airports.
Aircraft Arresting System usage: The primary purpose of an aircraft arresting system is to stop airplanes that have overshot the runway or become disabled on the runway as quickly and safely as possible. Aircraft arrestor systems use a variety of methods to stop airplanes, but all work by slowing the airplane down quickly.
Net Barrier:
A net barrier is a device that prevents the objects from entering into the engine. It works on the principle of air resistance which helps in reducing the impact of objects. The product is used in various places including aircraft arresting system, landing gear doors and windshields, cabin filters, and air ducts among others. Net barriers are available in different forms such as metal wires with plastic or fiber coating or plastic coated metal wires among others.
Cable:
Cable is used in aircraft arresting system to restrain the movement of aircraft during landing and taxi. It helps in maintaining directional control of the aircraft by limiting its forward speed. In case an emergency occurs, such as a tire blowout or if cables become loose, then they can be used for braking action.
Application Insights:
The commercial airport segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in passenger traffic and air cargo across various regions coupled with favorable government policies regarding airport construction. For instance, according to Airports Council International (ACI), there were more than 210 airports around the world that handled more than 100 million passengers in 2017, which is an increase of 4% from 2016. Furthermore, according to OAG Aviation Database, global passenger traffic grew by 3.7%, from 2015 to 2016 while air cargo increased by 5%.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to various initiatives undertaken by the government for airport development and expansion. For instance, in June 2016, the Federal Aviation Administration (FAA) launched a new program named “New Starts†which was aimed at accelerating construction of new general aviation airports as well as commercial service airports. The program focused on funding options that would help develop better access routes into existing airports and create more capacity there so that passengers could fly out faster. This initiative is likely to benefit aircraft arresting systems industry in North America regionalso long term.
Asia Pacific is anticipated to witness significant growth over the next eight years owing with increasing number of air travelers across emerging economies such as India.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers travelling by air. This is expected to drive the demand for aircraft arresting systems, as they are essential safety equipment for airports.
- Stringent safety regulations: Aircraft arresting systems are mandated by stringent safety regulations in many countries across the world. This is expected to drive the demand for these systems in the coming years.
- Technological advancements: The aircraft arresting system market is witnessing significant advancements in technology, with new and innovative products being launched into the market on a regular basis. This is likely to boost growth prospects of this market in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Arresting System Market Research Report
By Type
Net Barrier, Cable, Mobile Aircraft Arresting System(MAAS), Engineered Material Arresting System(EMAS), Aircraft Carrier Arresting System
By Application
Commercial Airport, Military Airbase, Aircraft Carrier
By Companies
eneral Atomics, Zodiac Aerospace, Scama, Aries Test Systems and Instrumentation, Atech, A-Laskuvarjo, Escribano Mechanical & Engineering, Victor Balata Belting Company, Foster-Miller, Curtiss-Wright, Wire Rope Industries, Wireco Worldgroup, Runway Safe
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Arresting System Market Report Segments:
The global Aircraft Arresting System market is segmented on the basis of:
Types
Net Barrier, Cable, Mobile Aircraft Arresting System(MAAS), Engineered Material Arresting System(EMAS), Aircraft Carrier Arresting System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Airport, Military Airbase, Aircraft Carrier
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- eneral Atomics
- Zodiac Aerospace
- Scama
- Aries Test Systems and Instrumentation
- Atech
- A-Laskuvarjo
- Escribano Mechanical & Engineering
- Victor Balata Belting Company
- Foster-Miller
- Curtiss-Wright
- Wire Rope Industries
- Wireco Worldgroup
- Runway Safe
Highlights of The Aircraft Arresting System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Net Barrier
- Cable
- Mobile Aircraft Arresting System(MAAS)
- Engineered Material Arresting System(EMAS)
- Aircraft Carrier Arresting System
- By Application:
- Commercial Airport
- Military Airbase
- Aircraft Carrier
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Arresting System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Aircraft Arresting System (AAS) is a safety feature on some commercial aircraft that helps prevent the aircraft from departing uncontrolled. The AAS system uses an array of sensors to detect potential obstacles in the flight path and automatically applies the brakes to the aircraft.
Some of the key players operating in the aircraft arresting system market are eneral Atomics, Zodiac Aerospace, Scama, Aries Test Systems and Instrumentation, Atech, A-Laskuvarjo, Escribano Mechanical & Engineering, Victor Balata Belting Company, Foster-Miller, Curtiss-Wright, Wire Rope Industries, Wireco Worldgroup, Runway Safe.
The aircraft arresting system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Arresting System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Arresting System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Arresting System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Arresting System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Arresting System Market Size & Forecast, 2020-2028
4.5.1 Aircraft Arresting System Market Size and Y-o-Y Growth
4.5.2 Aircraft Arresting System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Net Barrier
5.2.2 Cable
5.2.3 Mobile Aircraft Arresting System(MAAS)
5.2.4 Engineered Material Arresting System(EMAS)
5.2.5 Aircraft Carrier Arresting System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Airport
6.2.2 Military Airbase
6.2.3 Aircraft Carrier
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Arresting System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Arresting System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Net Barrier
9.6.2 Cable
9.6.3 Mobile Aircraft Arresting System(MAAS)
9.6.4 Engineered Material Arresting System(EMAS)
9.6.5 Aircraft Carrier Arresting System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Airport
9.10.2 Military Airbase
9.10.3 Aircraft Carrier
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Net Barrier
10.6.2 Cable
10.6.3 Mobile Aircraft Arresting System(MAAS)
10.6.4 Engineered Material Arresting System(EMAS)
10.6.5 Aircraft Carrier Arresting System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Airport
10.10.2 Military Airbase
10.10.3 Aircraft Carrier
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Net Barrier
11.6.2 Cable
11.6.3 Mobile Aircraft Arresting System(MAAS)
11.6.4 Engineered Material Arresting System(EMAS)
11.6.5 Aircraft Carrier Arresting System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Airport
11.10.2 Military Airbase
11.10.3 Aircraft Carrier
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Net Barrier
12.6.2 Cable
12.6.3 Mobile Aircraft Arresting System(MAAS)
12.6.4 Engineered Material Arresting System(EMAS)
12.6.5 Aircraft Carrier Arresting System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Airport
12.10.2 Military Airbase
12.10.3 Aircraft Carrier
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Net Barrier
13.6.2 Cable
13.6.3 Mobile Aircraft Arresting System(MAAS)
13.6.4 Engineered Material Arresting System(EMAS)
13.6.5 Aircraft Carrier Arresting System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Airport
13.10.2 Military Airbase
13.10.3 Aircraft Carrier
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Arresting System Market: Competitive Dashboard
14.2 Global Aircraft Arresting System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 eneral Atomics
14.3.2 Zodiac Aerospace
14.3.3 Scama
14.3.4 Aries Test Systems and Instrumentation
14.3.5 Atech
14.3.6 A-Laskuvarjo
14.3.7 Escribano Mechanical & Engineering
14.3.8 Victor Balata Belting Company
14.3.9 Foster-Miller
14.3.10 Curtiss-Wright
14.3.11 Wire Rope Industries
14.3.12 Wireco Worldgroup
14.3.13 Runway Safe
