Global Maritime Patrol Aircraft Market 2017-2021 - Competition Among Prime Defense Contractors and Sub-Contractors with Airbus, Boeing, Lockheed Martin & Saab Dominating - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Maritime Patrol Aircraft Market 2017-2021" report to their offering.

The global maritime patrol aircraft market to grow at a CAGR of 4.71% during the period 2017-2021.

Global Maritime Patrol Aircraft Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report covers both fixed-wing aircraft and helicopters that are used for maritime patrolling by the military, homeland security, and law enforcement officials.

One trend in market is integration of maritime patrol platform with advanced systems. With the growing demand for advanced maritime patrolling solutions, defense contractors are focusing on the development of new technologies that can be integrated with torpedoes, sonobuoys, and other sensors in the system.

Modern maritime aircraft are equipped with advanced systems as varied as infrared receivers and cameras, on-board radar, electronic signals intelligence (ELINT) sensors, magnetic anomaly detectors (MAD), and sonobuoys.

Sonobouys enable naval and marine forces to detect and track hostile submarines in the ocean. Information from these systems enable MPA to perform precision attacks. Most MMA and a growing number of MPA are also equipped with highly advanced weapons such as anti-ship missiles and torpedoes that are capable of striking surface and sub-surface targets.

Market Dynamics

Market drivers

  • Growing marine threats
  • South China Sea dispute
  • Competition among prime contractors and sub-contractors

Market challenges

  • Growing adoption of strategic bombers in maritime patrol
  • Development of maritime drones or UMVs
  • Development constraints

Market trends

  • Preference for MMA
  • Integration of maritime patrol platform with advanced systems
  • Transformation of commercial aircraft to MPA

Key vendors

  • Airbus
  • Boeing
  • Lockheed Martin
  • Saab

Other prominent vendors

  • BAE Systems
  • Embraer
  • Harbin Aircraft Industry
  • Leonardo-Finmeccanica
  • Thales Group

For more information about this report visit http://www.researchandmarkets.com/research/8fj3dd/global_maritime

Contacts

Research and Markets
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press@researchandmarkets.com
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Fax (outside U.S.): +353-1-481-1716
Related Topics: Aircraft

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Aircraft