PUBLISHER: The Business Research Company | PRODUCT CODE: 1668381
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668381
A maritime patrol aircraft (MPA) is a specialized aircraft designed for maritime surveillance, reconnaissance, and anti-submarine warfare operations. These aircraft are typically operated by military or government agencies and are equipped with advanced sensors, radars, and other detection equipment to detect and track surface ships and submarines.
The main types of maritime patrol aircraft include armored and unarmored variants. The term "armored" refers to a variant of a maritime patrol aircraft equipped with defensive armament and armor to enhance its survivability in hostile environments. These aircraft can have various engine types, including jet engines and turboprop engines, and feature integrated sensors such as radar, cameras, and other detection equipment. Maritime patrol aircraft are utilized in various applications, including surveillance of passenger ships and ferries, monitoring dry cargo vessels, tracking tankers, overseeing dry bulk carriers, and performing tasks related to special purpose vessels, service vessels, fishing vessels, and other maritime activities.
The maritime patrol aircraft market research report is one of a series of new reports from The Business Research Company that provides maritime patrol aircraft optical components market statistics, including maritime patrol aircraft optical components industry global market size, regional shares, competitors with a maritime patrol aircraft optical components market share, detailed maritime patrol aircraft optical components market segments, market trends, and opportunities, and any further data you may need to thrive in the maritime patrol aircraft optical components industry. This maritime patrol aircraft optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The maritime patrol aircraft market size has grown strongly in recent years. It will grow from$17.82 billion in 2024 to $18.8 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to geopolitical tensions, search and rescue operations, illegal fishing monitoring, naval fleet support, humanitarian assistance, multi-mission capabilities
The maritime patrol aircraft market size is expected to see strong growth in the next few years. It will grow to $24.09 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rise in unmanned systems, global expansion of offshore assets, arctic surveillance, environmental monitoring, counter-drone capabilities. Major trends in the forecast period include integration of artificial intelligence (AI), anti-submarine warfare (ASW), integration of network-centric warfare, advanced sensor technologies, long-range and endurance, collaboration and joint operations.
The anticipated rise in global threats and terrorism is set to drive the growth of the maritime patrol aircraft market. These threats involve acts of violence or intimidation perpetrated by individuals or groups to achieve political, social, or religious objectives. Maritime patrol aircraft play a vital role in diverse warfare scenarios, including search and rescue, anti-submarine warfare, and anti-surface unit warfare. According to the Institute for Economics & Peace, a Sydney-based organization producing a global peace index, terrorist attacks became more lethal in 2022, with an average of 1.7 deaths per attack compared to 1.3 deaths per attack in 2021. Consequently, the surge in global threats and terrorism is a key factor propelling the maritime patrol aircraft market's growth.
The expected increase in military expenditure is another driver for the maritime patrol aircraft market. Military expenditure involves the financial resources allocated by governments or nations to fund their military forces, defense infrastructure, and related activities. The escalating military expenditure results in heightened procurement of maritime patrol aircraft, given their essential role in enhancing naval capabilities, strengthening maritime surveillance, and addressing evolving threats in territorial waters and exclusive economic zones. According to the Stockholm International Peace Research Institute, world military expenditure reached a record high of $2,240 billion in 2022, representing a 3.7% increase in real terms compared to the previous year. The top three spenders-United States, China, and Russia-accounted for 56% of the global total. This surge in military spending is a driving force behind the maritime patrol aircraft market's growth.
A notable trend in the maritime patrol aircraft market is the adoption of technological advancements. Companies operating in this market are embracing new technologies to maintain their competitive positions. For instance, PAL Aerospace Ltd., a Canada-based international aerospace company, introduced the Bombardier Global 6500-based P-6 multi-mission maritime patrol aircraft in March 2023. This aircraft utilizes the Bombardier Global 6500 platform integrated with next-generation mission system software, capable of providing computer vision and space-based data in a unified operating framework.
Major companies in the maritime patrol aircraft industry are pursuing a strategic partnership approach to enhance technological capabilities and expand their market reach. This approach involves companies leveraging each other's strengths and resources for mutual benefits and success. In September 2023, Tecnam, an Italy-based aircraft manufacturer, partnered with Apex Aviation, a US-based provider of full-service aircraft support. Through this collaboration, Tecnam aims to broaden the mission capabilities of its P2012 twin and develop a special mission version of the P2012 Sentinel SMP using equipment from IMSAR for surveillance and maritime patrol.
In May 2022, Boeing Company, the largest US-based manufacturer of maritime patrol aircraft and jetliners, entered into a collaboration with Air Works Group to develop the Indian Navy's P-8I Fleet maritime patrol warfare aircraft. This partnership aims to enhance operational capabilities and provide various advantages to the country's defense force. The collaboration positions both companies to deliver efficient operational excellence capabilities to the defense forces of the country. Air Works Group is an India-based global service and safety and technology solutions provider.
Major companies operating in the maritime patrol aircraft market include The Boeing Company, Saab AB, Lockheed Martin Corporation, Airbus SE, Textron Inc., Dassault Aviation SA, Aviation Industry Corporation of China Ltd., Leonardo S.P.A., Kawasaki Heavy Industries Ltd., BAE Systems plc, Israel Aerospace Industries Ltd., Thales Group, Diamond Aircraft Industries, Antonov Company, Beriev Aircraft Company, Burkert Fluid Control Systems GmbH, Bombardier Inc., Northrop Grumman Corporation, Tupolev, Taiwan Aerospace Corporation, CAC Commercial Aircraft Corporation of China Ltd., Chengdu Aircraft Industry Group, Comac Commercial Aircraft Corporation of China Ltd., Xi'an Aircraft Industrial Corporation, Viking Air Limited
Asia-Pacific was the largest region in the maritime patrol aircraft market in 2024. North America is expected to be the fastest-growing region in the global maritime patrol aircraft market during the forecast period. The regions covered in the maritime patrol aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the maritime patrol aircraft market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The maritime patrol aircraft market consists of sales of anti-submarine aircraft, fixed-wing aircraft, and rotary-wing maritime patrol aircraft. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Maritime Patrol Aircraft Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on maritime patrol aircraft market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for maritime patrol aircraft ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The maritime patrol aircraft market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.