Single Carriage Ejector Racks Market industry analysis and detailed profiles of top key players

Posted October 15, 2020 by rohit890

Single carriage ejector rack is a carriage system, which enables the racks to stores bombs, missiles, and weapons on it.

Market Overview

Single carriage ejector rack is a carriage system, which enables the racks to stores bombs, missiles, and weapons on it. These carriage have multi-purpose rack assembly capability, which can carry both air-to-ground bombs and air-to-air missiles. This multi-purpose rack can be placed within a bomb bay, under the aircraft wing, on a carriage adapter or other typical weapon carriage platform. This single carriage ejector rack has multiple racks, and large space, which provides facility of placing large bombs and missiles in it.

Rising territorial disputes and terrorist attacks in countries such as Russia and Ukraine for Crimea; China and Japan for the uninhabited islands in the East China Sea; India and Pakistan for Jammu & Kashmir, Israel and Palestine for the Gaza Strip, Golan Heights, and West Bank is a major factor for increasing demand for these racks. Several other regional disputes, which inadvertently are effecting the security of the nation is expected to aid in growth of the market. For instance, according to the analysis, in 2013, total number of terrorist related incident occurred was 11,996 and it increased to 16,860 in 2014, globally. Additionally, according to the U.S. Department of State, in India the total number of terrorist attack occurred in 2014 were 764 and it has increased to 791 in 2015. Therefore, increasing territorial disputes, which further increases use of weapons in order to protect the nation’s security from the terrorist attacks is expected to aid in growth of the market.

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Market Dynamics

North America accounted for the largest share in the global single carriage ejector rack market in 2017 and expected to retain its dominance during forecasted period from 2018 to 2026. This growth is attributed to presence of leading players such as Cobham Plc., Harris Corporation, and AVIC Corporation among other, in the regional market. Furthermore, companies in the region are focusing on advancement in the existing products, which in turn will support growth of the market. For instance, November 2017, Harris launched the BRU-47 and BRU-57 for KF-X fighter jet model. The BRU-47 single store carrier, known for its reliability and ease of maintenance, also reduces the time needed for loading stores as this system is incorporated with sway-brace technology, which further provides significant benefits such as shorter store loading times and reduces maintenance. Hence, this factor will help in propelling growth of the global single carriage ejector racks market in this particular region.

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Major players operating in the global single carriage ejector racks market are Cobham Plc., Harris Corporation, AVIC (Aviation Industry Corporation), Raytheon, Moog, Inc., Ultra Electronics, Circor Aerospace& Defence, Marotta Controls, AEREA s.p.a., and Systima Technologies.

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Issued By coherent market insights
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Last Updated October 15, 2020