The Aircraft Survivability Equipment (ASE) market is a dynamic and rapidly evolving sector that plays a crucial role in enhancing the survivability of aircraft in modern warfare scenarios. Several market factors contribute to the growth and development of the ASE market, reflecting the constant demand for advanced technologies to counter evolving threats. One key factor driving this market is the increasing global military expenditure. As nations continue to prioritize their defense capabilities, there is a growing need to invest in cutting-edge technologies that can ensure the safety and survivability of aircraft in diverse operational environments.
The Aircraft Survivability Equipment market is poised to achieve a valuation of USD 4,910 million, demonstrating a Compound Annual Growth Rate (CAGR) of 5.20% between 2020 and 2030. This specialized equipment plays a pivotal role in enhancing the survivability of aircraft amid escalating threats. The evolving nature and complexity of threats, especially in the context of diverse combat missions across various countries, have prompted governments worldwide to strategize infrastructure and system upgrades to effectively counter future challenges.
Advancements in technology also significantly impact the ASE market. With the continuous evolution of electronic warfare and the emergence of new threats, there is a constant demand for innovative and upgraded survivability equipment. This includes electronic countermeasure systems, missile warning systems, and infrared countermeasure systems, among others. The integration of these advanced technologies not only enhances the survivability of aircraft but also provides military forces with a competitive edge in the modern battlefield.
Furthermore, geopolitical tensions and the ever-changing nature of conflicts contribute to the growth of the ASE market. As nations face diverse threats ranging from traditional warfare to asymmetric and cyber threats, there is a need for comprehensive and adaptable survivability solutions. This has led to an increased focus on research and development activities within the ASE sector to address emerging challenges and stay ahead of potential adversaries.
The aerospace industry's continuous expansion and the rising demand for military aircraft contribute significantly to the ASE market's growth. As new aircraft are developed and existing ones undergo upgrades, there is a parallel demand for state-of-the-art survivability equipment to ensure the protection of these valuable assets. This trend is particularly evident in the increasing adoption of ASE by both fixed-wing and rotary-wing aircraft across various defense forces globally.
Budget constraints and the cost of developing advanced ASE technologies pose challenges to market growth. However, as the threat landscape evolves, nations recognize the importance of investing in effective survivability solutions. This has led to collaborations between governments, defense contractors, and research institutions to pool resources and expertise, fostering innovation and mitigating financial barriers to market entry.
Additionally, the emphasis on enhancing the safety of military personnel and minimizing collateral damage has become a significant driver for the ASE market. Governments and defense organizations worldwide are increasingly recognizing the humanitarian and strategic importance of protecting not only the aircraft but also the individuals operating them. This shift in focus has led to the development of integrated ASE systems that prioritize the safety of both aircraft and personnel in complex operational environments.
Aircraft Survivability Equipment Market Size Is Anticipeted to Reach at a USD 4,910 Million, Market Grow At A CAGR Of 5.20% By 2024 -2032
Aircraft survivability equipment includes a wide range of systems and fitting to increase the survivability of the aircraft and to reduce its threats from all kinds of external threats. To simply put, the Aircraft survivability equipment is designed to minimize the damage from the traditional misses and other projectiles, as well as electronic equipment designed to prevent the aircraft from falling into electronic attacks. Aircraft survivability equipment plays a crucial role in air defense, and it is a major part of the air force expenditure.
This equipment maximizes the survivability of an aircraft against the growing threat. The threats have increased significantly, and it is becoming more complex due to combat missions in different countries. That is why governments around the world are planning to upgrade the infrastructure and the system to meet future threats. The governments are encouraging the replacement of the legacy system for aircraft safety and surveillance by a highly advanced multi-threat protection system. The Aircraft survivability equipment can work together with the existing systems, and they can integrate with the mission systems of different platforms. It will propel the Aircraft survivability equipment market growth.
Additionally rising deployment of unmanned aerial vehicles in the defense and commercial sectors is anticipated to increase the Aircraft survivability equipment value. The advancement in technology is adopted by commercial and defense aircraft to make the aircraft better and efficient. Aircraft survivability equipment allows the aircraft to be more flexible, and due to this, the aircraft manufacturers are heavily investing in the Aircraft survivability equipment, which is again propelling the demand of the Aircraft survivability equipment market.
Covid-19 Analysis
In 2019, the emergence of coronavirus gave rise to the covid-19 pandemic. Within months the virus was spread among all the corners of the world. The pandemic affected business sectors and individuals’ lives as well. The world economic growth slowed down as the governments around the world decided to impose a lockdown to reduce the spreading of the virus. At that time, there was no vaccine or medicine was there to fight the virus, and the only solution was to stay at home or maintain social distance.
The imposition of lockdown interrupted the production of products. Again the shortage of laborers was one of the major reasons behind the lack of production. The demand of supply couldn’t meet the due to the lack of supply. As a result, many markets faced losses. The aircraft survivability equipment market was also one among them. Now the spread of the virus has decreased, and vaccines are also available to fight the virus. Due to this, the market is again coming back to its normal situation. But the emergence of the new variant has again questioned so many things, and it is one of the major concerns for the world.
Market Dynamics
One of the major drivers in the Aircraft survivability equipment market is the replacement of the traditional equipment with a more advanced version. The traditional equipment is not good enough to tackle the modern threats, and due to this, the aircraft manufacturer is adapting to the new technology to make safer and better aircraft designs. Additionally, militaries around the world are investing highly to make aircraft better and faster. They are upgrading all their aircraft by installing modern Aircraft survivability equipment; the rise in asymmetric warfare also increases the importance of aircraft to the military and will force the military to invest in aircraft survivability equipment. For example, in 2021, US Air Force requested USD 47.72 billion for the research and development of new technology. Increasing threats and troubles related to guerilla warfare around the world is also a major factor that will boost the market trends.
The increasing number of aircraft to strengthen the military will bring opportunities to the Aircraft survivability equipment market. The defense sector plays a big role in the Industry growth. The equipment acts like an aircraft protection system and alerts the aircrew regarding the laser, missile, and fire threat. Additionally, the Aircraft survivability equipment is lightweight and reduces the overall power consumption, which will generate opportunities for the Industry.
Aircraft survivability equipment is very costly and has a very sophisticated nature. They identify the threats and characterize them as infrared, ultraviolet, and acoustic, so it requires many things that are costly, which can be a challenge for the market. The market key players are trying to come up with solutions to solve these challenges, which is likely to boost the market growth in the aircraft survivability equipment market forecast period.
It takes so much effort and investment to replace the existing system with Aircraft survivability equipment. Due to this, many manufacturers don’t adopt this new technology which has become a major restraint in the market. Not all regions can afford this equipment or install the latest aircraft equipment.
In recent years, the need for highly advanced technology in the defense sector has significantly increased due to warfare. Now every country wants to have the best defense and protection system to strengthen their military. Due to this, the Aircraft survivability equipment market trends will rise, and the market is expected to reach $5,910 million by registering a CAGR of 5.20% in the forecast period.
Market Segmentation
The aircraft survivability equipment market is segmented on the basis of the sub-system, platform, fit type, and region.
Regional Analysis
The major regions in the aircraft survivability equipment market are North America, Asia-pacific, Europe, and the rest of the world. Among these, the North American region is expected to see significant growth in the market during the forecast period. The growth in this region is due to government support for the advancement of aircraft and increasing investment in the military sector.
Market in the Asia-pacific region has shown significant growth. This is due to the increased spending by the governments in the military sector and large-scale research and development activities in aircraft survivability equipment across the regions like India, China, and South Korea.
The European market will witness significant growth in the forecast period owing to increasing demand for the advancement in the equipment market, increasing government spending—additionally the presence of strong key players.
Market Key Players
The major key players in the aircraft survivability equipment market are :
Recent Developments
In 2021 March, the UK Ministry of defense awarded BE system. It is a contract worth $21 aircraft survivability equipment support. The contract is for four and half years that also includes annual service and repair.
In July 2021, the department of defense information analysis center awarded a contract to KBR. KBR is a technology and engineering solution company that provide services in support of navy training system and aircraft survivability equipment. This contract was worth $64.9 million and covers the training system hardware and software, and aircraft survivability equipment.
Report Overview
This report gives information on aircraft survivability equipment market outlook gathered from reliable sources. The report also highlights the impact of the covid-19 on the aircraft survivability equipment. Additionally, it covers market dynamics like drivers, opportunities, challenges, and restraints. It also includes regional analysis, market segmentation, recent development, and key players.
Segmental Table
By Fit:
By Sub-System:
By Platform:
By Region
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