Market Insights
The expendable countermeasures market is likely to grow at a promising CAGR of 4.8%, in the long run, to reach US$ 0.6 Billion in 2028.
Expendable countermeasures are devices or products that are deployed from an aircraft or other platforms to divert or confuse incoming threats, such as heat-seeking missiles or radar-guided projectiles. They are designed to mimic the signatures or decoy the sensors of the threats, diverting them away from the targeted platform. The expendable countermeasures market is driven by ongoing technological advancements, which include the development of more advanced and sophisticated decoy products, improved dispensing mechanisms, and enhanced countermeasure management systems. The aim is to increase the effectiveness, reliability, and survivability of the targeted platform.
Expendable countermeasures are also finding applications beyond the military domain. For instance, commercial aviation and maritime sectors utilize expendable countermeasures to enhance the safety and protection of civilian aircraft, ships, and offshore installations. The expendable countermeasures market is expected to grow as defense forces continue to prioritize platform protection and invest in advanced countermeasure systems.
Technological advancements and evolving threats will continue to drive innovation and the development of more sophisticated expendable countermeasures to counter emerging threats effectively. The global expendable countermeasures market is expected to experience growth in the coming years, driven by increasing global defense spending, the evolution of threats, and the necessity to enhance the protection of military platforms and critical assets.
Recent Market JVs and Acquisitions:
- In 2019, L3 Technologies and Harris Corporation merged to form L3Harris Technologies, a company that provides advanced defense technologies and communications systems. The merger created one of the largest defense technology companies in the world, with a strong focus on electronic warfare and electronic countermeasure systems.
- Transdigm Group acquired Armtec Defence Technologies in 2018, which is one of the leading manufacturers of expendable countermeasures.
Segments' Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Platform-Type Analysis
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Air, Land, and Naval
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Air is anticipated to remain the biggest platform type for expendable countermeasures systems in the years to come.
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Frequency-Type Analysis
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EO-IR Countermeasure and RF Countermeasure
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EO-IR Countermeasure is expected to be the dominant as well as faster-growing segment during the forecast period.
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Product-Type Analysis
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Flares, Chaffs, and Expandable Decoys
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Flares are expected to be the dominant product and hold more than half of the market share.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.
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Platform Type
The expendable countermeasures market is segmented into air, land, and naval. Air is expected to remain the major platform type in the market for expendable countermeasures during the forecast period owing to increasing threats to aircraft, military modernization programs, technological advancements, and the increase in air warfare. As technology evolves, aircraft will be equipped with more advanced expendable countermeasures, ensuring they can effectively counter emerging threats in modern warfare scenarios.
Frequency Type
The market is segmented into EO-IR countermeasure and RF countermeasure. EO-IR countermeasure is expected to remain the dominant as well as the faster-growing frequency type in the market during the forecast period. EO-IR countermeasures offer broad coverage against a range of threats that rely on electro-optical and infrared sensors. They can effectively counter threats such as heat-seeking missiles, laser-guided munitions, electro-optical tracking systems, and surveillance systems equipped with electro-optical or infrared sensors.
Product Type
The market is segmented into flares, chaffs, and expandable decoys. Flares are expected to remain the dominant product type in the market during the forecast period. Flares are relatively simple in design, consisting of a casing containing a pyrotechnic composition that produces a bright infrared signature when ignited. Their relatively low cost, combined with their effectiveness, makes flares an attractive choice for aircraft defense. Their lightweight nature allows for easy storage and dispensing from aircraft without significantly impacting the platform's performance.
Regional Analysis
North America is expected to remain the largest market for expendable countermeasures during the forecast period. The United States has one of the largest defense budgets globally, which enables substantial investments in research & development of defense technologies, leading to the biggest market of expendable countermeasures in the world. Europe also holds a significant share of the market countries such as the United Kingdom, France, and Germany have a long history of manufacturing and exporting advanced defense technologies, including countermeasures.
The expendable countermeasures market is segmented into the following categories:
By Platform Type
- Air (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Land (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Naval (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Frequency Type
- EO-IR Countermeasure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- RF Countermeasure (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Product Type
- Flares (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Chaffs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Expandable Decoys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Saudi Arabia, Israel, and Others)
Key Players
The market is moderately consolidated with the presence of several regional and global players. Most of the major players compete on some of the governing factors, including technology, product offerings, regional presence, etc. The following are the key players in the expendable countermeasures market:
- Chemring Group PLC
- Armtec Defense Technologies
- Thales S.A.
- Northrop Grumman Corporation
- Elbit Systems
- Leonardo S.p.A
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s expendable countermeasures market realities, and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Customization Options
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Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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