Aerial FirefightingAbrasive Market to exceed US$ 1,657.47 million by 2030

    Published on 03-May-2024
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    Report : Aerial Firefighting Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By End Use (Forest Firefighting, Urban Firefighting, and Others), Aircraft Type (Fixed Wing and Rotary Wing), and Geography

    According to our latest study on "Aerial Firefighting Market - Global Analysis - by End Use and Aircraft Type," the market was valued at US$ 1,043.22 million in 2023 and is expected to reach US$ 1,657.47 million by 2031; it is anticipated to record a CAGR of 6.0% from 2023 to 2031. Apart from growth drivers, the report covers the aerial firefighting market trends and their foreseeable impact during the forecast period.

    Advantages Associated with Aerial Firefighting in Combating Wildfires Over Ground Firefighting is Creating Growth Opportunities for the Aerial Firefighting Market

    Aerial firefighting solutions such as fixed-wing and rotary-wing aircraft can directly target fire flame hotspots and result in minimizing the further spread of wildfires. Aerial firefighting also monitors fire areas and provides key information or insights into a wildfire situation, which is approximately in real-time. The purpose of air detection, survey, and mapping flights is to detect and relay important information to fire chiefs and other fire service personnel. This operation provides real-time fire behavior information to firefighters on the ground, providing rapid response information to incident commanders and supervisors. For example, such information helps highlight critical entry and exit routes for responding units, which are difficult to find for ground firefighting units on their own. Hence, the advantages associated with aerial firefighting in combating wildfires as compared to ground firefighting are anticipated to create a key opportunity for the market growth during the forecast period.

    The global aerial firefighting market is segmented on the basis of end use, aircraft type, and geography. In terms of end use, the market is segmented into forest firefighting, urban firefighting, and others. Based on aircraft type, the aerial firefighting market is bifurcated into fixed wing and rotary wing. By region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

    Coulson Aviation, Conair Fire Aviation, Neptune Aviation, 10 Tanker Air Carrier, Erickson Aero Tanker, Billings Flying Services, Dauntless Air Inc., Avincis, Kishugu Aviation, and Babcock International Plc are a few of the key aerial firefighting market players profiled during the market study. In addition to these players, several other important companies were studied and analyzed to get a holistic overview of the global aerial firefighting market.

    Key Findings of Market Study:

    Canada experienced an extremely high wildfire activity in 2023. The crisis began after several fire outbreaks in Alberta, British Columbia, and Saskatchewan were recorded in May; by October, wildfires in Canada resulted in the devastation of a total of ~18 million hectares of land. According to the Global Fire Assimilation System (GFAS), Canada's wildfires produced ~480 million tons of carbon emissions, equivalent to 1,761 million tons of CO2 and nearly five times higher than the average recorded over the past 20 years. This impact paints a clear picture of the intensity and scale of the 2023 wildfire season in Canada, the effects of which are still being felt by farmers in Ohio and the corn-growing belt in the US Belt.

    The Canadian government has been providing funding for agencies and private companies to help them expand and enhance their aerial firefighting fleets. In addition, rise in cross country partnership to combat forest fires is anticipated to drive the demand for aerial firefighting in the coming years. In May 2023, the Canadian Commercial Corporation signed an agreement with the Ministry of Environment and Sustainable Development - Argentina to supply aerial firefighting assets to Argentina.


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