Global airborne countermeasure system market to reach USD 15.7 billion by 2027. Global airborne countermeasure system market is valued approximately at USD 11.0 billion in 2020 and is anticipated to grow with a healthy growth rate of about 5.2% over the forecast period 2021-2027. Airborne countermeasure systems refer to airborne platforms that provide self-protection in diverse, sophisticated, and dense threat environments for the mission success and safe return. The global airborne countermeasure system market is being driven by rising demand for military helicopters and increasing popularity of modern warfare methods. Furthermore, technological advancements in airborne warfare systems will provide new opportunities for the global airborne countermeasure system industry. According to Statista, the size of the military helicopter market across the globe is expected to increase from USD 23.3 billion in 2019 to approximately USD 28.8 billion by 2027. Such growth in the market size of military helicopter is expected to increase the demand and adoption of airborne countermeasure systems in warfare which is likely to boost the market growth. However, regulatory constraints in technology transfer may impede market growth over the forecast period of 2021-2027.
The regional analysis of the global airborne countermeasure system market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounts for the largest share in terms of market revenue in the global airborne countermeasure system market over the forecast period 2021-2027. Factors such as increasing investments in airborne countermeasure systems technologies by countries such as the United States and Canada, increasing geopolitical tensions, increased defense - related expenditure, etc. contribute towards the largest market share of the region in the forecast years.
Major market player included in this report are:
L3Harris Technologies, Inc.
Raytheon Technologies Corporation
Israel Aerospace Industries Ltd. (IAI)
Lockheed Martin Corporation
Bae Systems PLC
Northrop Grumman Corporation
Cobham PLC
Leonardo S.P.A.
Elbit Systems Ltd.
Saab AB
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Platform:
Military Aircraft
Military Helicopters
Unmanned Systems
By Application:
Jamming
Missile Defence
Counter Countermeasure
By Product:
Jammers
Self-protection EW Suites
Directed Energy Weapons
Infrared Countermeasures
Identification Friend or Foe (IFF) Systems
Missile Approach Warning Systems
Laser Warning Systems
Radar Warning Receivers
Electronic Counter Countermeasure Systems
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Airborne Countermeasure System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors