Firefighting Aircraft Trends and Forecast
The future of the global firefighting aircraft market looks promising with opportunities in the fixed-wing and rotorcraft markets. The global firefighting aircraft market is expected to reach an estimated $14.3 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increase in the frequency and severity of wildfires, rise in government investment and funding, and environmental awareness and climate change impact.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Firefighting Aircraft by Segment
The study includes a forecast for the global firefighting aircraft by aircraft type, tank capacity, maximum takeoff weight, range, and region.
Firefighting Aircraft Market by Aircraft Type [Shipment Analysis by Value from 2018 to 2030]:
• Fixed-Wing
• Rotorcraft
Firefighting Aircraft Market by Tank Capacity [Shipment Analysis by Value from 2018 to 2030]:
• Less Than 10,000 Litres
• 10,000 To 30,000 Litres
• More Than 30,000 Litres
Firefighting Aircraft Market by Maximum Takeoff Weight [Shipment Analysis by Value from 2018 to 2030]:
• Less Than 8,000 Kg
• 8,000 To 30,000 Kg
• More Than 30,000 Kg
Firefighting Aircraft Market by Range [Shipment Analysis by Value from 2018 to 2030]:
• Less Than 1,000 Km
• 1,000 To 3,000 Km
• More Than 3,000 Km
Firefighting Aircraft Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Firefighting Aircraft Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies firefighting aircraft companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the firefighting aircraft companies profiled in this report include-
• Lockheed Martin Corporation
• ShinMaywa Industries
• Textron
• Kaman Corporation
• Airbus
• Bombardier
• Conair Aerial Firefighting
Firefighting Aircraft Market Insights
Lucintel forecasts that more than 30,000 litres is expected to witness the highest growth over the forecast period.
Within this market, fixed wing is expected to witness the higher growth.
North America will remain the largest region over the forecast period due increase in wildfire frequency and intensity.
Features of the Global Firefighting Aircraft Market
Market Size Estimates: Firefighting aircraft market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Firefighting aircraft market size by various segments, such as by aircraft type, tank capacity, maximum takeoff weight, range, and region in terms of value ($B).
Regional Analysis: Firefighting aircraft market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different aircraft type, tank capacity, maximum takeoff weight, range, and regions for the firefighting aircraft market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the firefighting aircraft market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the firefighting aircraft market size?
Answer: The global firefighting aircraft market is expected to reach an estimated $14.3 billion by 2030.
Q2. What is the growth forecast for firefighting aircraft market?
Answer: The global firefighting aircraft market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the firefighting aircraft market?
Answer: The major drivers for this market are increase in the frequency and severity of wildfires, rise in government investment and funding, and environmental awareness and climate change impact.
Q4. What are the major segments for firefighting aircraft market?
Answer: The future of the global firefighting aircraft market looks promising with opportunities in the fixed-wing and rotorcraft markets.
Q5. Who are the key firefighting aircraft market companies?
Answer: Some of the key firefighting aircraft companies are as follows:
• Lockheed Martin Corporation
• ShinMaywa Industries
• Textron
• Kaman Corporation
• Airbus
• Bombardier
• Conair Aerial Firefighting
Q6. Which firefighting aircraft market segment will be the largest in future?
Answer: Lucintel forecasts that more than 30,000 litres is expected to witness the highest growth over the forecast period.
Q7. In firefighting aircraft market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due increase in wildfire frequency and intensity.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the firefighting aircraft market by aircraft type (fixed-wing and rotorcraft), tank capacity (less than 10,000 litres, 10,000 to 30,000 litres, and more than 30,000 litres), maximum takeoff weight (less than 8,000 kg, 8,000 to 30,000 kg, and more than 30,000 kg), range (less than 1,000 km, 1,000 to 3,000 km, and more than 3,000 km), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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