Single Carriage Ejector Racks Market by 2026: Market Competitive Situation & Opportunities
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.
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Increasing
territorial disputes and rising concerns for countermeasures against terrorist
activities is expected to drive the market growth
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
ourworlddata.org 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.
Moreover, increasing government regulation
to monitor international borders and safeguard people against terrorist
activities is another factor driving growth of single carriage ejector racks
market. For instance, The USA Patriot Act is an antiterrorism law enacted
by the U.S. Congress in October 2001, to improve the ability of U.S. law
enforcement to detect and deter terrorism. This act allows law enforcement to
use surveillance and wiretapping to investigate terror-related crimes and
providing aid to terrorism victims and public safety officers involved in
investigating or preventing terrorism or responding to terrorist attacks.
Therefore, increasing government initiative towards protecting the nation from
the terrorist attack will positively encourage the market player to purchase
these systems for aircrafts, which provides facility of carrying large bombs
and missiles during fight. This will in turn help in propelling growth of the
market.
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High initial
investment is one of the major factors restraining growth of single carriage
ejector rack market
Factors negatively affecting growth of the
market is high cost of investment for manufacturing of these racks. The
components used in single carriage ejectors are very costly, which further
increase the overall cost of the system. Hence, this factor restricts growth of
global market.
Global Single
Carriage Ejector Racks Market: Regional Insights
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.
Global Single
Carriage Ejector Racks Market: Competitive Landscape
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.
and Systima Technologies.
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1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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