DUBLIN, September 23, 2021--(BUSINESS WIRE)--The "Global Airborne Countermeasure Systems Market by Application (Jammers, Missile Defence, Counter Countermeasure), Platform (Military Aircraft, Military Helicopters, Unmanned Systems), Product, and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Airborne Countermeasure Systems Market is projected to grow from an estimated USD 11.6 billion in 2021 to USD 14.9 billion by 2026, at a CAGR of 5.2% in terms of value during the forecasted period.
The major growth drivers for this market include rising global concerns, increasing technologies supporting avionics to integrate the countermeasure systems in aircraft and focus on increasing the fleet size.
The military aircraft segment of the market is projected to grow at the highest CAGR from 2021 to 2026
The growth in the Airborne Countermeasure Systems market is expected to drive the growth of the three platforms proportionately. The requirement of military aircraft in battlefield for surveillance and threat detection capabilities, is expected to drive the market during the forecast period.
Based on product, the Self-Protection EW Suite segment is projected to grow at the highest CAGR during the forecast period
Based on operations, Self-Protection EW Suite segment is projected to grow at the highest CAGR during the forecast period. The requirement of electronic suites helps in protecting the aircraft by shielding and reducing human loss and increasing capabilities, and investments in R&D towards these systems are helping the growth of market for Airborne Countermeasure Systems.
Based on application, the Counter Countermeasure Systems equipment segment is projected to grow at the highest CAGR during the forecast period
Growing demand for counter countermeasure systems due to their high demand for antijamming and deception techniques in countermeasure applications are projected to increase the growth of the Airborne Countermeasure Systems market.
The North America region is estimated to account for the largest share of the Airborne Countermeasure Systems market in 2021
The North American region is estimated to lead the Airborne Countermeasure Systems market in the forecast period. The growth of the North America Airborne Countermeasure Systems market is primarily driven by increasing focus on increasing investments in Airborne Countermeasure Systems technologies by countries in this region.
Increased Acquisition of Unmanned Systems Because of Rising Transnational and Regional Insecurity
Upgrading Existing Fighter Jets and Procurement of Advanced Fighter and Transport Aircraft
Increasing Need for Missile Detection Systems
Increasing Demand for Military Helicopters
Electronic Warfare Capabilities Deployed on Unmanned Systems
Growing Popularity of Modern Warfare Methods
Technological Advancements in Airborne Warfare Systems
Concerns Over Possibility of Errors in Complex Combat Situations
Regulatory Constraints in Transfer of Technology
Lack of Accuracy and Operational Complexities in Airborne Countermeasure
Lack of Standards and Protocols for Use of AI in Military Applications
Lack of Infrastructure for Advanced Communication Technologies
Enhanced System Reliability and Efficiency of TWT-based Solutions
High Cost of Deployment
Inability to Address Multiple/Diverse Threats
Sensitive Nature of Military Data
Minimizing Weight and Size of Devices while Maintaining Advanced Features
Complexity in Designs
BAE Systems PLC
Elbit Systems Ltd.
Indra Sistemas SA
Israel Aerospace Industries Ltd. (IAI)
L3Harris Technologies, Inc.
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
Teledyne Technologies International Corp.
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