The maritime surveillance aircraft market is projected to record a substantial growth rate over the coming years owing to escalating border issues and the rising threat of terrorism. The maritime surveillance aircraft is essential for nations with long coastlines. It is also referred as maritime patrol aircraft or reconnaissance aircraft.
Maritime patrol/surveillance aircraft are generally multi-role platforms which can perform a wide range of missions ranging right from maritime surveillance to exclusive naval combat operations. In addition, the maritime surveillance aircraft also need to have features of long endurance, the capability of carrying adequate number and variation of weaponry like torpedoes, mines, depth charges, and anti-ship missiles.
They also require adequate internal space as well as electrical power generation capacity to help a huge number of operator consoles and mission systems.
Maritime patrol/surveillance aircrafts are also a part of the search and rescue operations. To do the task, they generally have food, water, inflatable boat along with a sophisticated radio equipment to communicate with emergency services.
In addition, over the past couple of years, the economic importance of the maritime regions of the world, ranging from the oil fields located in the North Sea to the islands of Indonesia and Philippines, seems to be increasing.
Since massive areas need to be protected, the most effective way is through air patrols. The aircraft is a very effective way of detecting smugglers, poachers, and warships along with identification of pollution sources, helping the country effectively deal with such issues. Most of the aircrafts have a long range and are specifically designed for conducting patrol and reconnaissance of sea areas.
The maritime surveillance aircraft market is bifurcated in terms of engine type, component, platform, and regional landscape.
Based on component, the maritime surveillance aircraft market is classified into sensors, camera, radar, and others. The others segment will witness growth over the forecast timeframe owing to the rising requirement of peripheral components to improve operational accuracy.
With respect to platform, the maritime surveillance aircraft market is categorized into rotary wing and fixed wing. Increasing trend in modification of old aircraft into maritime surveillance aircrafts, will support the rotary wing segment growth.
From a regional frame of reference, the Latin America maritime surveillance aircraft market will observe growth owing to the increasing geopolitical activities and need to safeguard coastal regions from naval threats. The Middle East & Africa market will witness growth owing to the rising defense budget allocation towards acquisition of maritime surveillance aircrafts.