Global Maritime Patrol Aircraft Market, By Type (armored and unarmored), by product type (Maritime patrol fixed-wing aircraft, Maritime patrol rotorcraft), by Integrated sensors (radar, camera and others) and Region- Forecast 2017-2023.
Pune, India -- (SBWIRE) -- 09/07/2017 -- Market Highlights:
Replacement of ageing military aircraft, increased internal and external security threats, and modernization strategies are the major factors driving the growth of the global maritime patrol aircraft market. The maritime patrol fixed-wing aircraft segment is expected to account for the maximum market share in the forecast period. Increasing number of MPAs due to the modernization of airborne defense and offense units, will boost the global development of special mission military aircraft market. Globally, North America market has emerged as the leading region in terms of value, followed by APAC and Europe. Huge funds, and rising investment in the R&D are some of the main drivers, which help the market growth.
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Key Players of Maritime Patrol Aircraft Market:
- Airbus SAS (France)
- Boeing (U.S.)
- Lockheed Martin (U.S.)
- Saab Automobile AB (Sweden)
- BAE Systems Inc. (U.K.)
- Embraer S.A. (Brazil)
- Harbin Aircraft Industry Co., Ltd (China)
- Leonardo S.p.A ( Italy)
- Thales Group (France)
- Orbital ATK Inc (U.S.)
Market Research Future Analysis:
Market Research Future analysis projects a growth of USD 24.6 Billion for the global maritime patrol aircraft market by the end of the forecast period. Maritime patrol aircraft are security vehicles used for transport under armed security and even by replacing standard windows with bulletproof glass motor vehicle with a high degree of security.
On the basis of Type it is segmented as armored and unarmored:
Increasing internal & external security threats and increasing violence are driving global armored vehicle market. Moreover, increase in defense expenditure, especially in emerging economies and increasing popularity of rental & leasing of armored cars among civilians, support the growth of the market while the lack of regulatory standards across the globe acts as a major restraint of in the market. Security concerns in many countries regarding internal terrorism helps to grow the market.
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter's Five Forces Analysis
4 Global Maritime Patrol Aircraft Market, By Type
5 Global Maritime Patrol Aircraft Market, By Product type
5.2 Maritime patrol fixed-wing aircraft
5.3 Maritime patrol rotorcraft
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