Maritime Patrol Aircraft Market Size - By Type (Armoured, Unarmoured), By Engine (Jet Engine, Turboprop Engine), By Component (Radar, Camera, Sensors), By Platform (Fixed Wing, Rotary Wing) & Forecast, 2023 – 2032

Published Date: July - 2024 | Publisher: MRA | No of Pages: 240 | Industry: Aerospace | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

Maritime Patrol Aircraft Market Size - By Type (Armoured, Unarmoured), By Engine (Jet Engine, Turboprop Engine), By Component (Radar, Camera, Sensors), By Platform (Fixed Wing, Rotary Wing) & Forecast, 2023 – 2032

Maritime Patrol Aircraft Market Size

Maritime Patrol Aircraft Market size was valued at USD 16.2 billion in 2022 and is anticipated to grow at a CAGR of over 5.5% between 2023 and 2032. Driven by increasing demand for maritime security.

The maritime domain is increasingly recognized as a vulnerable area susceptible to various security threats such as piracy, drug trafficking, smuggling, and illegal fishing. The growing demand for maritime security is a response to the evolving security landscape at sea, making maritime patrol aircraft a vital asset for surveillance, reconnaissance, and response to ensure the safety & security of maritime environments.

To get key market trends

  Download Free Sample

Imagine a special kind of airplane, like a watchdog of the seas. It's called a maritime patrol aircraft, built to keep an eye on the vast blue yonder. These planes fly over oceans and coastlines, watching for anything suspicious. They carry fancy sensors to spot ships and track them. They can even hunt for submarines or help lost boats and people in distress. Plus, they're armed with weapons in case they need to take action. Think of these planes as the guardians of our seas. They protect our waters from bad guys, make sure everyone follows the rules, and keep us safe from pirates and illegal activities. They're like the cops of the ocean, making sure the waves stay calm and secure.

Maritime Patrol Aircraft Market Report Attributes
Report Attribute Details
Base Year 2022
Maritime Patrol Aircraft Market Size in 2022 USD 16.2 Billion
Forecast Period 2023 - 2032
Forecast Period 2023 - 2032 CAGR 5.5%
2032 Value Projection USD 27 Billion
Historical Data for 2018 - 2022
No. of Pages 250
Tables, Charts & Figures 344
Segments covered Type, Engine, Component, Platform, and Region
Growth Drivers
  • Protection of Exclusive Economic Zones
  • Increased defense budgets in various countries
  • Growing number of maritime disputes
  • Expansion of global trade routes and economic activities at sea
  • Increasing demand for maritime security
Pitfalls & Challenges
  • International waters can lead to legal and political challenges
  • Shortage of skilled professionals

What are the growth opportunities in this market?

 Download Free Sample

Imagine sailing out into the big wide ocean, and suddenly, you're faced with a legal minefield. That's the reality for maritime patrol aircraft (MPAs) operating in international waters. These waters are like a contested battleground, with overlapping claims, disputes over who owns what, and different rules applying left, right, and center. It's enough to make a sailor's head spin! These legal tangles can cause serious headaches for MPAs. They can lead to diplomatic spats and even conflicts between countries. And without clear guidelines, it's tough to work together to keep an eye on these vast and potentially dangerous waters. It's like sailing through a fog bank, where you can't see what's ahead and you're always on edge. That's the kind of challenge MPA pilots face every time they take to the skies. They have to navigate these legal and political complexities while also keeping an eye out for threats from pirates, smugglers, or worse. So, when MPAs operate in international waters, it's not just about flying planes. It's about diplomacy, understanding the law, and having a steady hand at the controls.

COVID-19 Impact

The COVID-19 outbreak really shook up business for makers of planes that patrol the seas. Not only did it slow down production but also made it harder to get the planes out to customers. Plus, governments were having a tough time making ends meet, so they had to cut back on how much they were willing to spend on new planes or fixing up their old ones. To top it off, the pandemic meant that people weren't traveling as much, which made it harder for different countries to work together on defense projects and buy and sell planes.

Maritime Patrol Aircraft Market Trends

The maritime patrol aircraft market is experiencing several prominent market trends. There is a growing emphasis on technological advancements and enhanced sensor technologies & automation are revolutionizing maritime surveillance capabilities. The demand for longer endurance and extended operational ranges is growing, driven by the need to cover vast maritime areas. The emergence of unmanned MPA systems is reshaping the market, offering cost-effective and versatile options. There is also a heightened focus on anti-submarine warfare capabilities, given the evolving underwater threats.

Export control regulations and international collaboration are also shaping the market dynamics, affecting procurement and development strategies. Overall, these trends are driving innovation and adaptation in the maritime patrol aircraft market to meet the security & surveillance needs.

Maritime Patrol Aircraft Market Analysis

Learn more about the key segments shaping this market

 Download Free Sample

Fancy words aside, the Sensors part of the business made over 2 billion dollars in 2022. And it's only getting better, with experts saying it'll grow by about 7% every year until 2032. These sensors are like the eyes and ears of our maritime patrol aircraft (MPAs). They gather vital information that helps us keep an eye on our oceans, spot suspicious vessels or submarines, and protect our seas. As technology advances, these sensors are becoming more powerful. They can see further, with better detail, and with pinpoint accuracy. This makes it a whole lot easier for MPAs to do their job, like monitoring threats and keeping our waters safe. The best part is, we're not just using one type of sensor. We're combining radar, sonar, cameras, and even signals intelligence. This gives us a complete picture of what's going on out there. With this kind of tech, MPAs become like super-protectors of our oceans, making sure bad guys stay away and keeping our seas healthy and secure.

Learn more about the key segments shaping this market

 Download Free Sample

The turboprop segment held approximately 55% of maritime patrol aircraft market share and generated USD 9 billion in 2022. It is expected to grow at a lucrative pace by 2032, due to their unique combination of efficiency, endurance, and versatility. These engines provide the necessary power to MPAs while ensuring extended flight durations, crucial for covering vast maritime areas. Their ability to operate at lower speeds & altitudes allows for effective surveillance and reduced operational costs.

Moreover, they enable shorter takeoff and landing distances, crucial for operations from naval vessels or remote airfields. In the evolving landscape of maritime security challenges, where extended patrolling and operational flexibility are paramount, turboprop-powered MPAs are becoming increasingly favored for their ability to meet these demands efficiently and cost-effectively.

Looking for region specific data?

 Download Free Sample

In 2022, Asia Pacific dominated the market for maritime patrol aircraft, accounting for a whopping 30% of all revenue. This region boasts one of the world's most impressive defense budgets and is fiercely dedicated to cutting-edge defense technology. The economic boom in Asia Pacific has fueled a surge in maritime trade, which in turn has heightened the need for security and surveillance out on the water. That's where maritime patrol aircraft (MPAs) come in. Countries are eager to beef up their maritime defenses, including their MPAs, especially due to escalating territorial disputes in places like the South China Sea. As nations across Asia Pacific revamp their military might, they're prioritizing the purchase of advanced MPA systems. These systems are crucial for keeping close watch over their maritime territory.

Maritime Patrol Aircraft Market Share

Major companies operating in the maritime patrol aircraft market are ;

  • Airbus S.A.S
  • AVIC
  • BAE Systems plc
  • Boeing
  • Dassault Aviation
  • Embraer S.A
  • Harbin Aircraft Industry Co
  • Kawasaki Heavy Industries, L
  • Leonardo S.p.A.
  • Lockheed Martin Corporation
  • RUAG Group
  • Saab AB
  • Textron Inc.
  • Thales Grup

The competitive landscape is characterized by continuous innovation as companies strive to improve their offerings with new technologies, integrations, and partnerships.

Maritime Patrol Aircraft Industry News

  • In July 2023, The Irish air crop inducted of two Airbus C295 maritime patrol aircraft at the value of USD 252.2 million. Airbus Defence and Space won the contract to supply two maritime patrol aircraft in December 2019. The C295 is a maritime surveillance aircraft particularly fisheries protection.

This maritime patrol aircraft market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments

Click here to Buy Section of this Report

By Type

  • Armoured
  • Unarmoured

By Engine

  • Jet Engine
  • Turboprop Engine

By Component

  • Radar
  • Camera
  • Sensors
  • Others

By Platform

  • Fixed Wing
  • Rotary Wing

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Russia
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Kore
    • ANZ
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Rest of MEA

 

 

Table of Content

Report Content

Chapter 1   Methodology & Scope

1.1    Market scope & definition

1.2    Base estimates & calculations

1.3    Forecast calculation.

1.4    Data Sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1   Paid sources.

1.4.2.2   Public sources

Chapter 2   Executive Summary

2.1    Maritime patrol aircraft market 3600 synopsis, 2018 - 2032

2.2    Business trends

2.3    Regional trends

2.4    Type trends

2.5    Engine trends

2.6    Component trends

2.7    Platform trends

Chapter 3   Maritime Patrol Aircraft Market Insights

3.1    Impact on COVID-19

3.2    Russia- Ukraine war impact

3.3    Industry ecosystem analysis

3.4    Vendor matrix

3.5    Profit margin analysis

3.6    Technology & innovation landscape

3.7    Patent analysis

3.8    Key news and initiatives

3.8.1    Partnership/Collaboration

3.8.2    Merger/Acquisition

3.8.3    Investment

3.8.4    Product launch & innovation

3.9    Regulatory landscape

3.10    Impact forces

3.10.1    Growth drivers

3.10.1.1    Protection of Exclusive Economic Zones

3.10.1.2    Increased defense budgets in various countries

3.10.1.3    Growing number of maritime disputes

3.10.1.4    Expansion of global trade routes and economic activities at sea

3.10.1.5    Increasing demand for maritime security

3.10.2    Industry pitfalls & challenges

3.10.2.1    International waters can lead to legal and political challenges

3.10.2.2    Shortage of skilled professionals

3.11    Growth potential analysis

3.12    Porter’s analysis

3.13    PESTEL analysis

Chapter 4   Competitive Landscape, 2022

4.1    Introduction

4.2    Company market share, 2022

4.3    Competitive analysis of major market players, 2022

4.3.1    Company 1

4.3.2    Company 2

4.3.3    Company 3

4.3.4    Company 4

4.3.5    Company 5

4.3.6    Company 6

4.3.7    Company 7

4.4    Competitive positioning matrix, 2022

4.5    Strategic outlook matrix, 2022

Chapter 5   Maritime Patrol Aircraft Market, By Type

5.1    Key trends, by type

5.2    Armoured

5.3    Unarmoured

Chapter 6   Maritime Patrol Aircraft Market, By Engine

6.1    Key trends, by engine

6.2    Jet Engine

6.3    Turboprop Engine

Chapter 7   Maritime Patrol Aircraft Market, By Component

7.1    Key trends, by component.

7.2    Radars

7.3    Camera

7.4    Sensors

7.5    Others

Chapter 8   Maritime patrol aircraft Market, By Platform

8.1    Key trends, By platform

8.2    Fixed Wing

8.3    Rotary Wing

Chapter 9   Maritime patrol aircraft Market, By Region

9.1    Key trends, by region

9.2    North America

9.2.1    U.S.

9.2.2    Canada

9.3    Europe

9.3.1    UK

9.3.2    Germany

9.3.3    France

9.3.4    Italy

9.3.5    Russia

9.3.6    Rest of Europe

9.4    Asia Pacific

9.4.1    China

9.4.2    India

9.4.3    Japan

9.4.4    South Korea

9.4.5    ANZ

9.4.6    Rest of Asia Pacific

9.5    Latin America

9.5.1    Brazil

9.5.2    Mexico

9.5.3    Rest of Latin America

9.6    MEA

9.6.1    UAE

9.6.2    South Africa

9.6.3    Saudi Arabia

9.6.4    Rest of MEA

Chapter 10   Company Profiles

10.1    Airbus S.A.S

10.2    AVIC

10.3    BAE Systems plc

10.4    Boeing

10.5    Dassault Aviation

10.6    Embraer S.A.

10.7    Harbin Aircraft Industry Co.

10.8    Kawasaki Heavy Industries

10.9    Leonardo S.p.A.

10.10    Lockheed Martin Corporation

10.11    RUAG Group

10.12    Saab AB

10.13    Textron Inc.

10.14    Thales Group
 

  • BAE Systems plc
  • Boeing
  • Dassault Aviation
  • Embraer S.A
  • Harbin Aircraft Industry Co
  • Kawasaki Heavy Industries, L
  • Leonardo S.p.A.
  • Lockheed Martin Corporation
  • RUAG Group
  • Saab AB
  • Textron Inc.
  • Thales Grup

Related Reports

Table of Content

Will be Available in the sample /Final Report. Please ask our sales Team.

List Tables Figures

Will be Available in the sample /Final Report. Please ask our sales Team.

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.

Discounts are available.

Hard Copy

Email