Market Overview
Aircraft arresting system enables in stopping an aircraft by absorbing its momentum in an emergency, routine landing and aborted takeoff. These systems offer enhanced safety to passengers and pilots by assisting in secure aircraft landing. Factors such as increasing aircraft manufacturing and growing air passenger traffic are boosting the market growth. However, high cost of development, installation and repair of aircraft arresting systems may hamper the market growth.
The global aircraft arresting system market has been segmented based on type, system, platform, end user and region. On the basis of type, market is divided into cable, net barrier, Mobile, Aircraft Arresting System (MAAS), Engineered Materials Arresting System (EMAS) and aircraft carrier arresting system. In 2017, the cable segment dominated the global market. However, the EMAS segment is anticipated to grow at the highest CAGR owing to stringent government regulations pertaining installation of EMAS at airports having runway safety length less than 1,000 feet by the Federal Aviation Administration (FAA). On the basis of system, the market has been segmented into fixed and portable. The fixed segment dominated the market in 2017. Increasing territorial disputes across in various parts of the world is driving the market growth.
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Competitive Landscape
The key players in the global aircraft arresting system market are Curtiss-Wright Corporation (US), General Atomics (US), QinetiQ (UK), Safran (France), SCAMA AB (Sweden), WireCo WorldGroup (Paris), Bridon-Bekaert (UK), Runway Safe Sweden AB (Sweden), ESCRIBANO Mechanical and Engineering (Spain) and A-laskuvarjo (Finland)
Market Segmentation
On the basis of region, the global aircraft arresting system market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. In 2017, North America dominated the global market. Presence of prominent players such as General Atomics and Curtiss-Wright Corporation among others is driving the market growth. However, Asia Pacific is expected to grow at the fastest CAGR over the forecast period owing to increasing defense expenditure of developing economies such as India, and China among others. Additionally, increasing adoption of aircraft arresting systems by countries such as Australia and others is boosting the market growth in the region.
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Regional Analysis
The global aircraft arresting system market has been segmented based on type, system, platform, end user and region. On the basis of type, market is divided into cable, net barrier, Mobile, Aircraft Arresting System (MAAS), Engineered Materials Arresting System (EMAS) and aircraft carrier arresting system. In 2017, the cable segment dominated the global market. However, the EMAS segment is anticipated to grow at the highest CAGR owing to stringent government regulations pertaining installation of EMAS at airports having runway safety length less than 1,000 feet by the Federal Aviation Administration (FAA). On the basis of system, the market has been segmented into fixed and portable. The fixed segment dominated the market in 2017. Increasing territorial disputes across in various parts of the world is driving the market growth.

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