Light Attack and Reconnaissance Market 2018 Global Key Leaders: Air Tractor, Embraer, IOMAX USA Inc., Textron, Hindustan Aeronautics, BAE Systems, Lockheed Martin

Market Highlights:

Light Attack & Reconnaissance Aircraft Market Research Report Information by Type (Fixed-Wing & Rotary-Wing), Application (Combat, Surveillance, Intelligence & Reconnaissance), Take-off-Weight (> 6000 lbs, < 6000 lbs) & Region – Global Forecast to 2024

Light Attack and Reconnaissance (LAAR) aircraft is a lightweight propeller driven aircraft, capable of finding, tracking, and attacking targets either on its own or in support of ground forces.. Military use these aircraft as an effective method for ensuring that airpower is remaining close to the fight. This aircraft is intended to support different operational requirements of the armed forces and can be deployed in missions such as close air support, light attack, intelligence, surveillance, armed reconnaissance, and basic and primary pilot training. In addition to that, it outperforms turboprop aircraft, in terms of range, endurance, and sensors. This aircraft is rugged enough to sustain minimal damage and capable of transmitting and receiving still and video images. Therefore, significant investment has been done on the development of LAAR aircraft, which would witness a rapid growth during the forecast period.

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Market Segmentation
The global light attack and reconnaissance aircraft market is segmented on the basis of type, application, take-off-weight, and region.
The market is segmented into device type, which in turn is segmented into fixed wing and rotary wing. The fixed-wing is widely used and comprises the largest share of the market. Fixed wing generates a lift caused by the vehicle's forward airspeed and the shape of the wings. Some fixed-wing aircraft are used by the air force to defend countries.
The market is segmented into application type which is segmented into surveillance, combat, intelligence, and reconnaissance. Surveillance has the largest demand in the light attack and reconnaissance aircraft market during the forecast period. Surveillance devices are used on a large-scale to detect tracing of suspicious movements of humans at night.
The market is segmented on the basis of take-off weight, that is >6000lbs and

Regional Analysis
Geographically, the Light Attack & Reconnaissance Aircraft Market is spread across North America, Asia Pacific, Europe, the Middle East, and South America. Among all, the North America is estimated to be the largest revenue contributor for the market in the future, owing to the increase in investment in operation and maintenance of light attack and reconnaissance aircraft. For example, the North American Rockwell OV-10 Bronco is an American twin-turboprop light attack and observation aircraft that was primarily a forward air control (FAC) aircraft. The market spread across this region is leaping high due to innovations in advanced aircraft technology such as these aircraft that are also used U.S. Air Force, U.S. Marine Corps, and U.S. Navy.

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