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Aerial Firefighting Market was valued at US$ 1,043.22 million in 2023 and is expected to reach US$ 1,657.47 million by 2031; it is estimated to record a CAGR of 6.0% from 2023 to 2031

Aerial Firefighting Market

The aerial firefighting market is primarily segmented into four key regions: North America, Europe, Asia Pacific, and the Rest of the World. Climate change is a global and inevitable phenomenon. With the increasing number of wildfires and their intensity worldwide, annual damages from climate-induced forest fires are expected to range from US$ 50 billion to US$ 300 billion annually by 2050, according to the data from the Cost of Carbon Project (a joint project of Environmental Defense Fund, the Institute for Policy Integrity, and the Natural Resource Defense Council). Hence, governments of many countries focus on expanding their firefighting aircraft fleets. On the other hand, aging airframes and demanding missions result in the scarce availability of aircraft, particularly large air tankers with capacities of over 4,000 gallons. This scenario compels wildland protection agencies to proactively invest in the expansion of their aerial firefighting fleets for forest fire management, which is likely to propel the growth of the aerial firefighting market size during the forecast period.

The aerial firefighting market is broadly segmented into four major regions—North America, Europe, Asia Pacific, and the Rest of the World. In 2023, North America led the global aerial firefighting market with a 40.4% market share, followed by Europe and the Rest of the World. Asia Pacific is anticipated to record the highest CAGR of 8.0% in the market from 2023 to 2031. The North America aerial firefighting market analysis is based on the market scenario in the US, Canada, and Mexico, wherein wildfire instances are growing at a notable pace. Thus, the increasing adoption of aerial firefighting solutions such as airplanes and helicopters in the US, Canada, and Mexico offers lucrative opportunities for the aerial firefighting market growth in North America.

The scope of the aerial firefighting market report includes North America (US, Canada, and Mexico), Europe (Spain, UK, Germany, France, Italy, and Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and Rest of Asia Pacific), and Rest of the World. In terms of revenue, North America accounted for the largest aerial firefighting market share in 2023. Europe is the second-largest contributor to the global aerial firefighting market, followed by APAC. The Asia Pacific aerial firefighting market is segmented into Australia, China, Japan, Indonesia, South Korea, and the Rest of Asia Pacific. The countries are experiencing a temperature rise and drought owing to climate change across the globe, which has resulted in wildfires across the region. China accounted for the largest share of the market in the region, followed by Japan, Australia, and South Korea, owing to the rise in forest fires across these countries in the past decade. In addition, rising funding to boost the aerial firefighting fleet and increasing third-party contracts to combat wildfires is anticipated to fuel the market growth from 2023 to 2031. Moreover, cross-country contracts or partnerships with governments and private players in the region to combat forest fires are anticipated to propel the aerial firefighting market during the forecast period.

Aerial Firefighting Market Analysis: Aircraft Type Overview

Based on aircraft type, the market is divided into rotary wing and fixed wing. These aircraft are used in gaining access before ground forces in areas such as steep, rocky, hill, and unsafe areas. Furthermore, the rotary wing segment is anticipated to hold a significant global aerial firefighting market share during the forecast period. Rotary wing aerial firefighters include helicopters and gyroplanes. Rotary wing aerial firefighters offer various advantages, including better maneuverability, vertical takeoffs & landings, and the ability to hover in place, among others. Areas that are normally inaccessible to planes need long runway distances for both takeoff and landing. Hence, rotary wing aerial firefighters are greatly suitable for emergency response services, in terrains that are difficult for aircraft, which, in turn, is expected to fuel the aerial firefighting market growth from 2023 to 2031.

Key players engaged in the rotary wing aerial firefighting market include Lockheed Martin, Billings Flying Services, Columbia Helicopters, United Rotorcraft, the HeliTeam, HELI-1, P J Helicopters, and Blackcomb Helicopters, among others. These players are engaged in the adoption of key strategies such as partnership, product development, and business expansion to stay competitive in the aerial firefighting market. For instance, in October 2023, United Rotorcraft partnered with DART Aerospace. This partnership aimed at the development of an advanced aerial firefighting system, which will be implemented or tailored in the Airbus Super Puma family of helicopters. In addition, Sikorsky (a Lockheed Martin company) partnered with Rain (an autonomous aviation startup). This partnership aimed at installing an autonomous system in Sikorsky’s fleet of firefighting helicopters. Such initiatives are expected to boost the growth of the rotary wing segment in the aerial firefighting market in the coming years.  

Aerial Firefighting Market: Competitive Landscape and Key Developments   

Moog Inc.; ArianeGroup; Northrop Grumman Corporation; Thales SA; Airbus SE; IHI Corp.; Bellatrix; Aerospace Private Limited; Busek, Co. Ltd.; Safran S.A.; and Avio S.p.A are among the key players covered in the aerial firefighting market report. The market report includes growth prospects owing to the current aerial firefighting market trends and their foreseeable impact during the forecast period.

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