Decoy Flare Market Report: Trends, Forecast and Competitive Analysis to 2030

Decoy Flare Trends and Forecast

The future of the global decoy flare market looks promising with opportunities in the fixed wing and rotary wing markets. The global decoy flare market is expected to reach an estimated $2.6 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are escalating worldwide military spending, rising number of aircraft deliveries, and growing geopolitical tensions and trade wars.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Decoy Flare by Segment

The study includes a forecast for the global decoy flare by type, application, and region.

Decoy Flare Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Pyrotechnic Flares
• Pyrophoric Flares
• Others

Decoy Flare Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Fixed Wing
• Rotary Wing

Decoy Flare Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Decoy Flare Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies decoy flare companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the decoy flare companies profiled in this report include-

• Rheinmetall
• Elbit Systems
• Mil-Spec Industries
• LACROIX
• Armtec Defense Technologies
• Ordtech
• Owen International
• TARA Aerospace
• Premier Explosives
• Rosoboronexport

Decoy Flare Market Insights

Lucintel forecasts that pyrotechnic will remain the larger segment over the forecast period.

Within this market, fixed wing will remain the larger segment over the forecast period.

North America will remain the largest region over the forecast period.

Features of the Global Decoy Flare Market

Market Size Estimates: Decoy flare market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Decoy flare market size by type, application, and region in terms of value ($B).

Regional Analysis: Decoy flare market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the decoy flare market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the decoy flare market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the decoy flare market size?

Answer: The global decoy flare market is expected to reach an estimated $2.6 billion by 2030.

Q2. What is the growth forecast for decoy flare market?

Answer: The global decoy flare market is expected to grow with a CAGR of 5.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the decoy flare market?

Answer: The major drivers for this market are escalating worldwide military spending, rising number of aircraft deliveries, and growing geopolitical tensions and trade wars.

Q4. What are the major segments for decoy flare market?

Answer: The future of the decoy flare market looks promising with opportunities in the fixed wing and rotary wing markets.

Q5. Who are the key decoy flare market companies?

Answer: Some of the key decoy flare companies are as follows:

• Rheinmetall
• Elbit Systems
• Mil-Spec Industries
• LACROIX
• Armtec Defense Technologies
• Ordtech
• Owen International
• TARA Aerospace
• Premier Explosives
• Rosoboronexport

Q6. Which decoy flare market segment will be the largest in future?

Answer: Lucintel forecasts that pyrotechnic will remain the larger segment over the forecast period.

Q7. In decoy flare market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the decoy flare market by type (pyrotechnic flares, pyrophoric flares, and others), application (fixed wing and rotary wing), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?