Light Attack & Reconnaissance Aircraft Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2024 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Light Attack & Reconnaissance Aircraft Market 2018 Light Attack & Reconnaissance Aircraft Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2024 Light Attack and Reconnaissance (LAAR) aircraft is a lightweight propeller driven aircraft, capable of finding, tracking, and attacking targets either on its own or in support of ground forces.. Military use these aircraft as an effective method for ensuring that airpower is remaining close to the fight. This aircraft is intended to support different operational requirements of the armed forces and can be deployed in missions such as close air support, light attack, intelligence, surveillance, armed reconnaissance, and basic and primary pilot training. In addition to that, it outperforms turboprop aircraft, in terms of range, endurance, and sensors. This aircraft is rugged enough to sustain minimal damage and capable of transmitting and receiving still and video images. Therefore, significant investment has been done on the development of LAAR aircraft, which would witness a rapid growth during the forecast period. 2 www.marketresearchfuture.com Light Attack & Reconnaissance 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 “Light Attack & Reconnaissance Aircraft Market Research Report - Global Forecast 2024” However, only a few countries can afford to maintain a fleet of such aircraft, as they are priced highly and limited to low threat battlefield missions. The high maintenance required to eradicate the wear and tear during missions puts pressure on the defense budget. This becomes the major restraint of the market. For instance, Israel Aerospace Industries Ltd. (IAI) and Czech Aero signed a partnership agreement relating to technical and marketing cooperation for the military light combat L-159 aircraft. This aircraft is a light multirole combat aircraft designed for a variety of air-to-air, air-to-ground, and reconnaissance missions. 3 www.marketresearchfuture.com Light Attack & Reconnaissance Aircraft Market 2018 Industry/ Innovation/ Related News: Similarly, South African based company, AHRLAC prepared the first light attack and reconnaissance aircraft to cater to customers with smaller budgets and less infrastructure. Additionally, AHRLAC had launched Bronco II to promote the aircraft to the U.S. as a potential light attack and reconnaissance aircraft for the US military. The aircraft have included several defensive measures, including a Missile Approach Warning System (MAWS), a Radar warning receiver (RWR), and chaff and flare dispensers. One of the best known LAAR aircraft, Mwari, has been built by the formation of a partnership between Paramount and Boeing. The platform carries an interchangeable IMPS under the cockpit, which allows a single plane to perform multiple roles, which can be loaded out with systems for electronic intelligence, signals, and communication intelligence. The primary goal for light attack and reconnaissance aircraft is attacking targets in support of ground forces. The increased focus on the development of low-cost Intelligence, Surveillance, and Reconnaissance (ISR) aircraft will enable the flight operators to create light attack and reconnaissance aircraft. The factors responsible for the growth of the global light attack and reconnaissance aircraft market are greater emphasis on aerial ISR activities due to security concern on border security. Another key driver contributing to the growth of the global light attack and reconnaissance aircraft market is the increasing demand for continuous innovation in aircraft architecture. Browse Report @ https://www.marketresearchfuture.com/reports/light-attack-reconnaissance-aircraft-market-5925 4 www.marketresearchfuture.com Light Attack & Reconnaissance Aircraft Market 2018 Application & Major Players in this Research: Light Attack & Reconnaissance Aircraft Market Prominent Players: Air Tractor (U.S.), Embraer (U.S.), IOMAX USA Inc. (U.S.), Textron (U.S.), AHRLAC (South Africa), Hindustan Aeronautics Ltd (India), Hongdu Group (China), BAE Systems (U.K), Paramount Group (South Africa), and Lockheed Martin (U.S.).. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5925 5 www.marketresearchfuture.com Light Attack & Reconnaissance Aircraft Market 2018 Light Attack & Reconnaissance Aircraft Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: The global light attack and reconnaissance aircraft market is segmented on type, application, take-off-weight, and region. Among device type, the fixed-wing is widely used and comprises the largest share in the market. Among application types, surveillance has the largest demand in the light attack and reconnaissance aircraft market during the forecast period. Surveillance devices are used on a large-scale to detect tracing of suspicious movements of humans at night. On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East, and South America. The North America region is expected to dominate the market in future, due to the increased investment in operation and maintenance of light attack and reconnaissance aircraft. The Asia Pacific region is second to the North America region in the global light attack and reconnaissance aircraft market due to increase in collaboration with U.S. counterpart for technology transfer of aircraft architecture technology. Thus, the global light attack and reconnaissance aircraft market is estimated to witness approximately 4% CAGR from 2018 to 2024. 6 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 7 www.marketresearchfuture.com THANK YOU MARKET RESEARCH FUTURE [email protected] Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 8 www.marketresearchfuture.com
Global Light Attack & Reconnaissance Aircraft Market Research Report Information by Type (Fixed-Wing & Rotary-Wing), Application (Combat, Surveillance, Intelligence & Reconnaissance), Take-off-Weight (> 6000 lbs, < 6000 lbs) & Region – Global Forecast to 2024
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