Aircraft Arresting System Market estimated to grow at a CAGR of 8.2% in the forecast period (2020-2025)

The report on the Aircraft Arresting System Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2020-2025. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aircraft Arresting System Market is expected to inflate at a CAGR of 8.2% by the forecast period (2020 – 2025).

Aircraft Arresting System Market - Snapshot
Growth: 8.2% for next five years
Major Type: Engineered Materials Arresting System
Major end-user Type: Military Airbase
Dominant System Type: Fixed System
Dominant Platform Type: Ship based
Region with the highest demand: North America
Key Players: Atech Inc., A-Laskuvarjo, Curtiss-Wright Corp., Escribano Mechanical & Engineering S.L., Foster-Miller Inc., General Atomics, Scama Ab, Victor Balata Belting Company, Wire Rope industries, and WireCo WorldGroup.

Table Of Contents: https://www.stratviewresearch.com/toc/552/aircraft-arresting-system-market.html

Highlights of the Report:
Based on the type, the market is segmented as net barrier, cable, mobile aircraft arresting system (MAAS), engineered materials arresting system (EMAS), and aircraft carrier arresting system. The engineered materials arresting system (EMAS) segment is estimated to register the highest growth in the coming five years; while, the cable segment is expected to remain dominant during the forecast period, owing to the contributing factors such as mandatory installation of EMAS at airports having runway safety length less than 1,000 feet and the increasing expenditure on runway safety measures, which in turn, are expected to bolster the growth of the market.

Based on the end-user type, the market is segmented as commercial airport, aircraft carrier, and military airbase. The military airbase segment is anticipated to lead the market during the forecast period driven by the rise in procurement of jet aircraft and the building of temporary runways.

Based on the system type, the market is segmented as fixed and portable. The fixed system segment was estimated to account for a share of 87.4% of the market in 2018.

Based on the platform type, the market is segmented as ground-based and ship-based. The ship-based segment is projected to witness a higher growth during the forecast period. The growth of this segment is owing to an upsurge in the number of aircraft carriers globally and replacement of traditional systems with ship-based aircraft arresting systems.

In terms of regions, North America dominated the aircraft arresting system market in 2018, followed by Europe and Asia Pacific, respectively. North America is anticipated to sustain its dominance during the forecast period.

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Key Players of the Market
Some of the major players in the aircraft arresting system market are Atech Inc., A-Laskuvarjo, Curtiss-Wright Corp., Escribano Mechanical & Engineering S.L., Foster-Miller, Inc., General Atomics, Scama Ab, Victor Balata Belting Company, Wire Rope Industries, and WireCo WorldGroup.

Features of the Report
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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This release was published on openPR.