Global Decoy Flares Market Growth 2025-2031
The global Decoy Flares market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
A flare or decoy flare is an aerial infrared countermeasure used by a plane or helicopter to counter an infrared homing ("heat-seeking") surface-to-air missile or air-to-air missile. Flares are commonly composed of a pyrotechnic composition based on magnesium or another hot-burning metal, with burning temperature equal to or hotter than engine exhaust.
Chemring Group was the largest company in the Decoy Flares industry in USA and Europe, with the market share of 48%, followed by Esterline Technologies, IMI Systems, Rheinmetall, Lacroix.
LP Information, Inc. (LPI) ' newest research report, the “Decoy Flares Industry Forecast” looks at past sales and reviews total world Decoy Flares sales in 2024, providing a comprehensive analysis by region and market sector of projected Decoy Flares sales for 2025 through 2031. With Decoy Flares sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Decoy Flares industry.
This Insight Report provides a comprehensive analysis of the global Decoy Flares landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Decoy Flares portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Decoy Flares market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Decoy Flares and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Decoy Flares.
This report presents a comprehensive overview, market shares, and growth opportunities of Decoy Flares market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Magnesium/Teflon/Viton (MTV) Decoy Flares
Spectral Decoy Flares
Radio Frequency Decoy Flares
Segmentation by Application:
Army
Navy
Air Force
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Chemring Group
Esterline Technologies
IMI Systems
Rheinmetall
Lacroix
Key Questions Addressed in this Report
What is the 10-year outlook for the global Decoy Flares market?
What factors are driving Decoy Flares market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Decoy Flares market opportunities vary by end market size?
How does Decoy Flares break out by Type, by Application?