Global Decoy Flares Market 2020-2024

Global Decoy Flares Market 2020-2024

The publisher has been monitoring the decoy flares market and it is poised to grow by $ 149.32 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period. The report on decoy flares market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in aircraft deliveries, introduction of new and modernized helicopters, and technological developments of decoy flares. In addition, increase in aircraft deliveries is anticipated to boost the growth of the market as well.

The decoy flares market analysis includes application segment and geographical landscapes.

The decoy flares market is segmented as below:

By Application

• Aircraft
• Rotorcraft

By Geographical Landscapes

• North America
• Europe
• APAC
• South America
• MEA

This study identifies the growing development of missile jamming decoys as one of the prime reasons driving the decoy flares market growth during the next few years. Also, unmanned military aircraft gaining prominence and increasing preference for indigenization of military aircraft platform will lead to sizable demand in the market.

The report on decoy flares market covers the following areas:

• Decoy flares market sizing
• Decoy flares market forecast
• Decoy flares market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decoy flares market vendors that include BAE Systems Plc, Chemring Group Plc, Elbit Systems Ltd., Etienne Lacroix Group, Leonardo Spa, MBDA, Rheinmetall AG, and TransDigm Group Inc.. Also, the decoy flares market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.