Press release
Maritime Patrol Aircraft Market 2023 - By Size, Share, Trends, Growth And Industry Forecast To 2032
Maritime Patrol Aircraft Market
The Business Research Company's Maritime Patrol Aircraft Global Market Report 2023 identifies rise of global threats and terrorism as the major driver for the Maritime Patrol Aircraft market's growth in the forecast period. Threats and terrorism refer to acts of violence or intimidation carried out by individuals or groups to achieve political, social, or religious goals. Maritime patrol aircraft are used in various warfare situations such as search and rescue, anti-submarine warfare, and anti-surface unit warfare.
The global maritime patrol aircraft market size is expected to grow from $16.38 billion in 2022 to $17.27 billion in 2023 at a compound annual growth rate (CAGR) of 5.41%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global maritime patrol aircraft market size is expected to reach $21.54 billion in 2027 at a CAGR of 5.68%.
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Major competitors in the Maritime Patrol Aircraft market are The Boeing Company, Saab AB, Lockheed Martin Corporation, Airbus SE, Textron Inc., Dassault Aviation SA.
A key trend in the Maritime Patrol Aircraft market includes technological advancements. Companies operating in the maritime patrol aircraft market are adopting new technologies to sustain their position in the market. For instance, in March 2023, PAL Aerospace Ltd., a Canada-based international aerospace company, unveiled the new 'Bombardier Global 6500-based P-6 multi-mission maritime patrol aircraft'. The Bombardier Global 6500 platform is integrated with next-generation mission system software. This software is capable of providing computer vision and space-based data in one operating frame.
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The Maritime Patrol Aircraft market is segmented -
• By Type: Armored, Unarmored
• By Engine Type: Jet Engine Aircraft, Turboprop Aircraft
• By Integrated Sensors: Radar, Camera, Other Integrated Sensors
• By Application: Passenger Ships And Ferries, Dry Cargo Vessels, Tankers, Dry Bulk Carriers, Special Purpose Vessels, Service Vessels, Fishing Vessels, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Maritime Patrol Aircraft market.
The Business Research Company's "Global Maritime Patrol Aircraft Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Maritime Patrol Aircraft Market Include:
1. Executive Summary
2. Maritime Patrol Aircraft Market Characteristics
3. Maritime Patrol Aircraft Market Trends And Strategies
4. Maritime Patrol Aircraft Market - Macro Economic Scenario
5. Maritime Patrol Aircraft Market Size And Growth
……………………………………
26. Africa Maritime Patrol Aircraft Market
27. Maritime Patrol Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Maritime Patrol Aircraft Market
29. Maritime Patrol Aircraft Market Future Outlook and Potential Analysis
30. Appendix
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