DUBLIN--(BUSINESS WIRE)--The "Aircraft Arresting System Market by Type (Net Barrier, Cable, Maas, EMAS, Aircraft Carrier Arresting System), End User (Commercial Airport, Military Airbase, Aircraft Carrier), System (Fixed, Portable), Platform, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The aircraft arresting system market is projected to grow from an estimated USD 810.6 million in 2017 to USD 1,104.5 million in 2022, at a CAGR of 6.38% during the forecast period.
Increase in spending on runway safety measures is expected to drive the aircraft arresting system market for engineered material arresting system manufacturers, whereas, increasing procurement and upgradation of aircraft carriers is expected to drive the aircraft arresting system market for military system manufacturers. The aircraft arresting system market is expected to witness technological advancements for applications at commercial airports. However, high costs of aircraft arresting systems and sufficient runway safety length in countries of the Asia Pacific and Europe are the major restraints in the growth of the aircraft arresting system market.
On the basis of type, the EMAS segment is expected to witness the highest CAGR during the forecast period. The Federal Aviation Administration has made the installation of EMAS mandatory for US airports with inadequate runway safety length (less than 1,000 feet) in order to prevent aircraft overrunning runways. Countries such as China and Germany have also started installing EMAS at airports as part of runway safety measures. The increasing spending on airport improvement plans, especially, runway safety, is expected to drive the EMAS market segment during the forecast period.
- Aries Test Systems and Instrumentation
- Atech Inc.
- Curtiss-Wright Corp.
- Escribano Mechanical & Engineering
- Foster-Miller, Inc.
- General Atomics
- Runway Safe
- Scama Ab
- Victor Balata Belting Company
- Wire Rope Industries
- Wireco Worldgroup
- Zodiac Aerospace
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aircraft Arresting System Market, By Type
8 Aircraft Arresting System Market, By End User
9 Aircraft Arresting System Market, By System
10 Aircraft Arresting System Market, By Platform
11 Aircraft Arresting System Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/j8xgpn/aircraft