Firefighting Aircraft Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Firefighting aircraft are the aircraft that are generally deployed to combat wildfires. The kinds of aircraft used include fixed-wing aircraft and helicopters. Smokejumpers and rappellers are also listed as aerial firefighters, delivered to the fire by an umbrella from a variety of fixed-wing aircraft, or rappelling from helicopters. An extensive variety of terminology has been used in the general media for the aircraft used in aerial firefighting. Helicopters may be implemented with tanks (helitankers) or they may carry buckets. Buckets are usually filled by immersing or dipping them in lakes, rivers, reservoirs, or portable tanks. The most common of the buckets is the flexible Bambi Bucket.

MARKET SCOPE

The Global Firefighting Aircraft 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 report aims to provide an overview of the firefighting aircraft market with detailed market segmentation by aircraft type, maximum takeoff weight and geography. The report provides key statistics on the market status of the leading firefighting aircraft market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

Based on aircraft type, the global firefighting aircraft market is segmented into rotary-wing, fixed-wing
On the basis of maximum takeoff weight, the market is segmented into MTOW below 50000 kg, MTOW above 50000 kg

MARKET DYNAMICS

Drivers

•   Increase in the number of forest fires incidents worldwide, and this has led to the growth in the usage of helicopters and fixed-wing aircraft for firefighting.
  
•   Increasing use of helicopters and fixed-wing aircraft for firefighting.
  
•   The rising demand for applications of drones is expected to benefit the global aerial firefighting market
  

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 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), the Middle East and Africa (MEA), and South America. The firefighting aircraft 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 market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter five forces analysis highlighting factors affecting the firefighting aircraft market in these regions.

IMPACT OF COVID-19 ON FIREFIGHTING AIRCRAFT MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the firefighting aircraft 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from firefighting aircraft market are anticipated to lucrative growth opportunities in the future with the rising demand for firefighting aircraft in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the firefighting aircraft 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.

Lockheed Martin Corporation
Viking Air Ltd
ShinMaywa Industries, Ltd
Airbus S.A.S.
Leonardo S.p.A.
Saab
Coulson Aircrane Ltd
United Aircraft Corporation (Beriev Aircraft Company, Ilyushin)
Textron Inc
KAMAN CORPORATION

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

Firefighting Aircraft Report Scope