In 2020, the overall sales of the arrestor cables witnessed a massive decline due to the Covid-19 crisis as lockdown was implemented and all the factorial units were closed which led the manufacturing companies to face immense losses. Now in 2021, the global manufacturers are giving entire focus on improving their sales and profitability through product innovations and upgrades.
Leading corporations including WireCo WorldGroup, Samson Rope Technologies, Curtiss-Wright Corp., Foster-Miller, Inc., Boeing, Atech Inc., General Atomics, MacTaggart, Scott and Company Limited, Kastalon Inc., TEKJET A.S., SCAMA AB and others are making high investments in the establishment of research institutes in different regions to come up with improvements in their offerings. They are adopting business strategies such as sales contracts, strategic alliances, acquiring technical expertise, product approvals, patents and events, joint ventures, partnership agreements, collaborations, digital marketing, mergers and acquisitions, capacity utilisations, technological advancements etc to lead the global market for arrestor cables with largest market share.
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Arrestor Cables Market: Segmentation
The global Arrestor Cables market can be segmented on the basis of type, system, platform, and end-use.
On the basis of type, the global Arrestor Cables market is segmented as:
On the basis of system, the global Arrestor Cables market is segmented as:
On the basis of platform, the global Arrestor Cables market is segmented as:
On the basis of end-use, the global Arrestor Cables market is segmented as:
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Arrestor Cables Market: Regional Outlook
North America is anticipated to lead the aircraft arresting system market during the forecast period. In US, Federal Aviation Administration has made mandatory to install EMAS for airports with inadequate runway safety length (less than 1,000 feet) in order to prevent aircraft overrunning runways. Countries like Germany and China has also started installing EMAS at airports as part of runway safety measures. The rising spending on the improvement of airports and increasing safety measures especially, runway safety, is expected to drive the arrestor cable market. Globally more than 400 joint and commercial airports are already using arrestor cable systems and it is expected to rise seeing the increasing safety concerns among the operators.
Arrestor Cables Market: Key Participants
Some of the market participants in the global Arrestor Cables market, identified across the value chain include:
The research report on the Arrestor Cables market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Arrestor Cables market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, type, system, platform, and end-use.
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The report covers exhaustive analysis on:
Regional analysis includes:
The global Arrestor Cables market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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