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Maritime Patrol Aircraft Market Research Report - Global Forecast to 2023

Global Maritime Patrol Aircraft Market by Type (Armored and Unarmored), by Aircraft Type (Fixed-wing and Rotary-wing), by Integrated sensors (Radar, Camera, and Others), and by Region - Global Forecast to 2023
Maritime Patrol Aircraft Market 2018
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2021
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Maritime Patrol Aircraft Market 2018
Maritime Patrol Aircraft Market 2018: Industry Survey, Growth, Competitive
Landscape and Forecasts to 2021
Maritime Patrol Aircraft (MPA), is also known as a patrol aircraft or patrol bomber. Maritime patrol aircraft are long range, high endurance and landbased patrol aircraft. The rise in marine threats and increasing competition among prime contractors and sub-contractors will propel the growth of the
global maritime patrol aircraft market.
Market Research Future analysis projects a growth of USD 24.6 Billion for the global Maritime Patrol Aircraft Market by the end of the forecast period.
Maritime patrol aircraft are security vehicles used for transport under armed security and even by replacing standard windows with bulletproof glass
motor vehicle with a high degree of security.
The integration of maritime patrol platform with advanced systems, growing demand for advanced maritime patrolling solutions, and defense contractors
focusing on the development of new technologies, are some of the factors pushing the market towards growth. However, the growing adoption of strategic
bombers in maritime patrol acts as a major restraint for the market.
Maritime Patrol Aircraft Market 2018
“Taste the market data and market information presented through more than 50 market data tables and figures spread in 100
numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Maritime Patrol
Aircraft Market Research Report - Global Forecast 2021”
Replacement of ageing military aircraft, increased internal and external security threats and modernization strategies are the major factors driving the
growth of the global maritime patrol aircraft market. The maritime patrol fixed-wing aircraft segment is expected to account for the maximum market
share in the forecast period. Increasing number of MPAs due to the modernization of airborne defense and offense units, will boost the global
development of special mission military aircraft market. Globally, North America market has emerged as the leading region in terms of value, followed by
APAC and Europe. Huge funds, and rising investment in the R&D are some of the main drivers, which help the market growth.
Maritime Patrol Aircraft Market 2018
Industry/ Innovation/ Related News:
On the basis of Type it is segmented as armored and unarmored:
Increasing internal & external security threats and increasing violence are driving global armored vehicle market. Moreover, increase in defense
expenditure, especially in emerging economies and increasing popularity of rental & leasing of armored cars among civilians, support the growth of the
market while the lack of regulatory standards across the globe acts as a major restraint of in the market. Security concerns in many countries regarding
internal terrorism helps to grow the market.
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Maritime Patrol Aircraft Market 2018
Application & Major Players in this Research:
Maritime Patrol Aircraft Market Prominent Players:
Airbus SAS (France),
Boeing (U.S.),
Lockheed Martin (U.S.),
Saab Automobile AB (Sweden),
BAE Systems Inc. (U.K.),
Embraer S.A. (Brazil),
Harbin Aircraft Industry Co., Ltd ( China),
Leonardo S.p.A ( Italy),
Thales Group (France) and Orbital ATK Inc (U.S.)
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Maritime Patrol Aircraft Market 2018
Maritime Patrol Aircraft Market Competitive Analysis
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
North America maritime patrol aircraft market is expected to show substantial growth over the forecast period, owing
to the number of investments by the US Department of Defense (DoD) in procurement, sustainment and
modernization, and research and development programs for advanced MPA.
Asia-Pacific is a potential market for maritime patrol aircraft. Procurement of aerial platforms such as MPA to fight
against marine threats helps in the market growth.
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Monica Nerkar
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