Air and Naval Countermeasures Market: Recent Industry Developments and Growth Strategies Adopted by Players
The military aircrafts and naval vessels are used to perform under various types of operations which include peace keeping missions to strategic military operations. These aircrafts and naval vessels are facing constant threats from platform launched missiles and man portable air defense systems globally. To carry out the missions successfully, the air and naval countermeasures are required. The market is expected to grow steadily during the forecast period. As per records, 80% of all the aircraft losses has been attributed to air to air or ground to air missiles. Therefore the increasing threat for loss of aircrafts or naval vessels through ground to air or air to air attacks is primarily driving the global air and naval countermeasures market globally. The countermeasures and decoys are largely in the form of decoy flares of radar countermeasure chaff. These are designed to protect the aircraft or the naval vessels from heat seeking or radar guided missiles. Furthermore, ...