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Aerial Firefighting Market Share

Report ID: GMI9572
Published Date: May 2024
Report Format: PDF

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Aerial Firefighting Market Share

Aerovironment, Inc., Erickson Incorporated, Lockheed Martin Corporation maintained their dominant positions in the aerial firefighting industry with a substantial market share of over 26%. These businesses keep strengthening their positions by forming strategic alliances and adopting innovative technologies, especially in the area of effective and capable aerial firefighting. These companies are better equipped to address the changing demands of wildfire control by extending their service offerings through proactive acquisitions. They take the lead in creating environmentally friendly and globally safe aerial firefighting technologies by making significant investments in R&D.

Their aerial firefighting assets are further integrated into complex firefighting operations through collaborations with technology corporations and emergency response organizations, enhancing response efficacy. Their dedication to sustainability, minimizing their impacts on the environment and improving their operational efficiency places them as leaders in the sector.

Aerial Firefighting Market Companies

Major players operating in the aerial firefighting industry are:

Aero Empresa Brasileira de Aeronáutica S.A.
Aerovironment, Inc.
Air Tractor, Inc.
Airbus Defence and Space
Boeing Company
Bombardier Inc.
Bridger Aerospace Group Holdings, LLC
Canadair Regional Jet
Conair Group Inc.
Coulson Aviation
Dauntless Air, Inc.
Erickson Incorporated

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Industry size for aerial firefighting was USD 1.3 billion in 2023 and is projected to expand at over 5% CAGR from 2024 to 2032, owing to the rising initiatives and regional partnerships aimed at improving aerial firefighting capabilities.

The helicopter segment in the aerial firefighting industry accounted for over 52% revenue share in 2023 and is projected to expand at substantial rate from 2024 to 2032, due to its versatility and effectiveness in combating wildfires.

The firefighting operations service segment in the aerial firefighting industry accounted for 70% share in 2023 and is estimated to witness robust growth between 2024 and 2032, due to their critical role in combating wildfires.

North America industry recorded over 35% revenue share in 2023 and is estimated to depict significant growth between 2024 to 2032, led by the frequent occurrence of wildfire seasons in the area.