Aircraft Survivability Equipment Market

Market Leader - Aircraft Survivability Equipment Market

An aircraft survivability equipment reduces the vulnerability of an aircraft by detecting, identifying, evading or neutralizing incoming threats, such as missiles. The aircraft survivability equipment includes electronic support, electronic attack, and non-combat systems. The aircraft survivability equipment market is projected to grow from USD 3.54 Billion in 2017 to USD 4.62 Billion by 2022, at a CAGR of 5.49% from 2017 to 2022. The Middle East aircraft survivability equipment market is growing due to the increasing defense aircraft modernization programs, whereas the Asia Pacific market is growing due to the increasing demand for new fighter aircraft.

Northrop Grumman Corporation (US), BAE Systems (UK), and Saab AB (Sweden) are some of the key players operating in the aircraft survivability equipment market. These market players have been focusing on securing contracts to ensure their organic growth in the aircraft survivability equipment market. The core competencies of these players include their widespread geographical presence and increased investments in R&D activities.

Northrop Grumman Corporation (US) is a major player in the aircraft survivability equipment market. The company focuses on winning contracts through extensive R&D activities. The company has a wide product portfolio that consists of various systems and components of aircraft survivability equipment. Its innovative next-generation products, as well as strategic investments, are expected to help the company achieve robust international growth in the future. Strong R&D capabilities have helped Northrop Grumman deliver new products to customers from each of its key business segments. In December 2016, the company received a contract from the Royal Netherlands Air Force (RNLAF) to provide electronic countermeasure (ECM) pods for F-16 fighter aircraft operated by RNLAF.

BAE Systems (UK) is a leading supplier of aircraft survivability equipment, such the ALE-47 Airborne Countermeasures Dispenser System. The company delivers products and services mainly through contracts from customers. For example, in 2012, the company received a contract from the US Air Force to provide aircraft survivability equipment for their AC/MC-130J aircraft. The survivability equipment offered by BAE Systems helps detect, identify, locate, deny, degrade, disrupt, and defeat various threats, such as air-to-air missiles and surface-to-air missiles.

Saab AB (Sweden) focuses on enhancing its existing product and services, as well as developing new ones to meet the requirement of its customers as well as to leverage new market opportunities. The company is also planning to conduct funded R&D activities through contracts from the European government. The company has also been receiving several contracts, which helped expand its business. In April 2017, the company received a contract from NATO to provide self-protection and countermeasure systems for Eurofighter 2000 and Tornado aircraft.

Related Reports:

Aircraft Survivability Equipment Market by Platform (Combat aircraft, Combat helicopter, Special mission aircraft, UAV), Subsystem (Electronic Support, Electronic Attack, Non-combat systems), Fit (Line fit, Forward Fit) and Region - Global Forecast to 2022

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Report Code
AS 5561
Published ON
Sep, 2017
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