Airborne IR Countermeasures Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The Airborne IR Countermeasures is a system developed to protect from aerial attack by detecting the infrared homing ("heat seeking") missiles and tackling their infrared guidance system. The system helps to misguide the missile and prevent the aircraft from missile attack. The aerial attack technology is developing at a rapid rate similarly the defensive systems are also upgrading, as a result, the demand for airborne IR countermeasures solutions is also rising. The Man-portable surface-to-air missiles are becoming a major threat for low-flying aircraft and to resolve this threat the adoption of airborne IR countermeasure systems is rising.

MARKET DYNAMICS

In the global Airborne IR Countermeasures market, recent advancements in technologies and the growing adoption of airborne countermeasure systems drive the market growth. The increasing popularity of modern warfare methods and the thriving need for missile detection systems have boosted the market growth. In addition, the increased acquisition of UAV and military helicopters to strengthen the firepower of the nation has propelled the adoption of the airborne IR countermeasure system. However, high initial and maintenance cost may restrain the growth of the airborne IR countermeasures market. Further, integration of airborne IR countermeasures with artificial intelligence and machine learning is anticipated to create market opportunities for the airborne IR countermeasures market during the forecast period.

MARKET SCOPE

The "Global Airborne IR Countermeasures Market Analysis To 2031" is a specialized and in-depth study of the Aerospace and Defense industry with a special focus on the global market trend analysis. The Airborne IR Countermeasures market report aims to provide an overview of the Airborne IR Countermeasures market with detailed market segmentation by integration, aircraft type, and geography. The global Airborne IR Countermeasures market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Airborne IR Countermeasures market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global airborne IR countermeasures market is segmented on the basis of integration and aircraft type. On the basis of integration, the market is segmented as fuselage, wing, and nose. Similarly, on the basis of aircraft type, the market is segmented as fixed-wing and rotary-wing.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Airborne IR Countermeasures market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Airborne IR Countermeasures market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the Airborne IR Countermeasures market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the Airborne IR Countermeasures market in these regions.

IMPACT OF COVID-19 On Airborne IR Countermeasures MARKET
The COVID - 19 pandemic has a negative impact on the growth of aerospace, defense, aviation, law enforcement, and military industries. The disrupted supply chain and low production activities by aircraft manufacturers have resulted in a slower growth rate for the market. However, the increasing spending on the defense industry even in the pandemic situation has supported the market growth. The defense and military industry experiences the minimal impact of the COVID - 19 pandemics. However, from the starting of 2021, the aerospace industry started to regain its momentum which supported the drive the market growth in coming years.

MARKET PLAYERS

The reports cover key developments in the Airborne IR Countermeasures market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Airborne IR Countermeasures market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the underwriting and rating software market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the underwriting and rating software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   BAE Systems
  
•   Elbit Systems Ltd.
  
•   HENSOLDT AG
  
•   Indra
  
•   Leonardo S.p.A.
  
•   Northrop Grumman
  
•   Saab
  
•   Thales Group
  
•   Safran
  
•   Raytheon Technologies.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Airborne IR Countermeasures Report Scope