Maritime Patrol Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Maritime Patrol Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global maritime patrol aircraft market size reached US$ 18.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.

Maritime patrol aircraft (MPA), or maritime reconnaissance aircraft, refer to a fixed-wing craft that is designed to operate over water for facilitating anti-submarine warfare (ASW), search and rescue (SAR), and anti-ship warfare (AShW) military proceedings. It includes sensors, data links, over-the-horizon communications systems, infrared cameras, and various air-deployable measuring system buoys, such as square measures and torpedoes used for extending flights at low altitudes. MPA offers technical support availability, reliability, security, flexibility, and scalability at a cost-effective price. At present, it is available in varying types, such as armored and unarmored.

Maritime Patrol Aircraft Market Trends:



The rising instances of terrorism and the fueling border tension between neighboring countries is one of the prime factors driving the market growth. In line with this, the extensive utilization of maritime patrol aircraft for protecting coastline trade routes and detecting smuggling and other cross-border illegal activities is positively stimulating the market growth. The numerous initiatives undertaken by the government bodies of various nations for strengthening the military and defense sector by installing high-tech MPAs are propelling the market growth further. Additionally, the introduction of next-generation turbo-powered MPAs for surveillance and monitoring, which possess lower fuel burn rates and higher engine efficiency properties is acting as another growth-inducing factor. Other factors, such as strategic collaborations between top players and regulatory bodies for launching more advanced product variants, significant technological improvements, and extensive research and development (R&D) activities in the aviation industry, are creating a positive outlook for the maritime patrol aircraft market across the globe. The market is also driven by the rapid modernization of the existing aircraft currently in use for maritime patrolling.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global maritime patrol aircraft market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, engine type and application.

Breakup by Type:

Armoured

Unarmoured

Breakup by Engine Type:

Turbofan

Turboprop

Breakup by Application:

Surveillance

Reconnaissance

Situational Awareness

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, BAE Systems plc, Dassault Aviation SA, Embraer S.A., Kawasaki Heavy Industries Ltd, Leonardo SpA, Lockheed Martin Corporation, RUAG Group, Saab AB, Textron Inc. and The Boeing Company.

Key Questions Answered in This Report:

How has the global maritime patrol aircraft market performed so far and how will it perform in the coming years?

What has been the impact of COVID-19 on the global maritime patrol aircraft market?

What are the key regional markets?

What is the breakup of the market based on the type?

What is the breakup of the market based on the engine type?

What is the breakup of the market based on the application?

What are the various stages in the value chain of the industry?

What are the key driving factors and challenges in the industry?

What is the structure of the global maritime patrol aircraft market and who are the key players?

What is the degree of competition in the industry?


1 Preface
2 Scope and Methodology
  2.1 Objectives of the Study
  2.2 Stakeholders
  2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
  2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
  2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
  4.1 Overview
  4.2 Key Industry Trends
5 Global Maritime Patrol Aircraft Market
  5.1 Market Overview
  5.2 Market Performance
  5.3 Impact of COVID-19
  5.4 Market Forecast
6 Market Breakup by Type
  6.1 Armoured
6.1.1 Market Trends
6.1.2 Market Forecast
  6.2 Unarmoured
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Engine Type
  7.1 Turbofan
7.1.1 Market Trends
7.1.2 Market Forecast
  7.2 Turboprop
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
  8.1 Surveillance
8.1.1 Market Trends
8.1.2 Market Forecast
  8.2 Reconnaissance
8.2.1 Market Trends
8.2.2 Market Forecast
  8.3 Situational Awareness
8.3.1 Market Trends
8.3.2 Market Forecast
  8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
  9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
  9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
  9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
  9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
  9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10  SWOT Analysis
  10.1 Overview
  10.2 Strengths
  10.3 Weaknesses
  10.4 Opportunities
  10.5 Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
  12.1 Overview
  12.2 Bargaining Power of Buyers
  12.3 Bargaining Power of Suppliers
  12.4 Degree of Competition
  12.5 Threat of New Entrants
  12.6 Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
  14.1 Market Structure
  14.2 Key Players
  14.3 Profiles of Key Players
14.3.1 Airbus SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 BAE Systems plc
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Dassault Aviation SA
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Embraer S.A.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Kawasaki Heavy Industries Ltd
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Leonardo SpA
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Lockheed Martin Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 RUAG Group
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Saab AB
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Textron Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 The Boeing Company
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings