Decoy Flares Market Size, Growth and Industry Report By 2028.

Global Decoy Flares Market Research Report: Forecast (2023-2028)

By Type (Pyrotechnic Flares, Pyrophoric Flares, Others), By Application (Fixed Wing, Rotary Wing), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company... ... acific), By Company (BAE Systems Plc, Chemring Group Plc, Elbit Systems Ltd., Etienne Lacroix Group, Leonardo Spa, MBDA, Rheinmetall AG, TransDigm Group Inc., Armtech Defense Technologies, and others) Read more

Aerospace & Defense
Oct 2023
Pages 198
Report Format: PDF, Excel, PPT

Market Definition

Decoy flares are pyrotechnic devices that produce heat upon ignition. These are usually used in the military or defense systems to distract or divert the incoming missile attack. They are usually composed of magnesium or another bot-burning metal, with almost equal burning temperature or higher than engine exhaust. These aerial infrared countermeasures are generally used by an airplane or helicopter to counter infrared homing air-to-missile or surface-to-air missiles.

Market Insights & Analysis: Global Decoy Flares Market (2023-28)

The Global Decoy Flares Market was valued at USD 2.1 billion in 2022 and is estimated to grow at a CAGR of around 5.2% during the forecast period, i.e., 2023-28. The market is majorly driven by many countries focused on improving their defense status worldwide. Governments worldwide have previously initiated the expansion of their defense systems in response to security threats and counterterrorism measures.

Consequently, there has been a significant increase in the delivery of various aircraft, particularly military aircraft, across the world. These military aircraft employ decoy flares as a crucial protective measure to evade detection & potential attacks by air defense systems. Hence, the growing emphasis on innovative aircraft production is expected to brace market growth in the foreseeable future.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	5.2%
Regions Covered	North America: US, Canada, Mexico
	Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
	South America: Brazil, Argentina, Rest of South America
	Middle East & Africa: The UAE, Saudi Arabia, Egypt, Qatar, South Africa, Rest of the Middle East & Africa
Key Companies Profiled	BAE Systems Plc, Chemring Group Plc, Elbit Systems Ltd., Etienne Lacroix Group, Leonardo Spa, MBDA, Rheinmetall AG, TransDigm Group Inc., Armtech Defense Technologies, and Others
Market Value (2022)	USD 2.1 Billion

Additionally, the military flying industry is estimated to experience a considerable rise, further supporting in enhancing market size. The rising terrorism, threat of advanced missiles, defense budgets, and the modernization & upgradation of aircraft have led to an increase in the demand for decoy flares as countermeasures to distract these threats. The increasing development of missile jamming decoys trend is one of the key aspects shaping the market size.

As air defense system purchases are growing, missile decoys are drawing more attention, and cutting-edge air defense systems for their armed forces to maintain security. Moreover, geopolitical tensions & advancements in technologies play a potential role that might augment the Decoy Flare Market around the globe throughout 2023-28. Nevertheless, cost & environmental concerns associated with decoy flares could hamper the market growth.

Global Decoy Flares Market Research Report (2023-2028) - Table of Contents

Introduction
1. Product Definition
2. Research Process
3. Assumptions
Market Segmentation
Executive Summary
Global Decoy Flares Market Regulations, Norms, and Product Standards
Global Decoy Flares Market Trends & Developments
Global Decoy Flares Market Dynamics
1. Drivers
2. Challenges
Global Decoy Flares Market Imports, Exports Statistics
Global Decoy Flares Market Hotspots & Opportunities
Global Decoy Flares Market Value Chain & Stakeholder Margin Analysis
Global Decoy Flares Market Analysis (2018-2028F)
1. Market Size & Analysis
  1. Market Revenues (USD Million)
2. Market Share & Analysis
  1. By Type
    1. Pyrotechnic Flares
    2. Pyrophoric Flares
    3. Others
  2. By Application
    1. Fixed Wing
    2. Rotary Wing
  3. By Company
    1. Revenue Shares
    2. Competition Characteristics
  4. By Region
    1. North America
    2. South America
    3. Europe
    4. The Middle East & Africa
    5. Asia-Pacific
North America Decoy Flares Market Analysis (2018-2028F)
1. Market Size & Analysis
  1. Market Revenues (USD Million)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
  3. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
4. Canada Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
5. Mexico Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
South America Decoy Flares Market Analysis (2018-2028F)
1. Market Size & Analysis
  1. Market Revenues (USD Million)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
  3. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
4. Argentina Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
Europe Decoy Flares Market Analysis (2018-2028F)
1. Market Size & Analysis
  1. Market Revenues (USD Million)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
  3. By Country
    1. Germany
    2. The UK
    3. France
    4. Spain
    5. Italy
    6. Rest of Europe
3. Germany Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
4. France Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
5. The UK Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
6. Spain Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
7. Italy Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
The Middle East & Africa Decoy Flares Market Analysis (2018-2028F)
1. Market Size & Analysis
  1. Market Revenues (USD Million)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
  3. By Country
    1. The UAE
    2. Saudi Arabia
    3. Qatar
    4. Egypt
    5. South Africa
    6. Rest of the Middle East & Africa
3. The UAE Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
4. Saudi Arabia Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
5. Qatar Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
6. Egypt Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
7. South Africa Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
Asia-Pacific Decoy Flares Market Analysis (2018-2028F)
1. Market Size & Analysis
  1. Market Revenues (USD Million)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
  3. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia
    6. Rest of Asia-Pacific
3. China Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
4. India Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
5. Japan Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
6. South Korea Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
7. Australia Decoy Flares Market Analysis (2018-2028F)
  1. By Type- Market Size & Forecast 2018-2028F, USD Million
  2. By Application- Market Size & Forecast 2018-2028F, USD Million
Competitive Benchmarking & Company Profiles
1. Competition Matrix
  1. Product Portfolio
  2. Target Markets
  3. Target End Users
  4. Research & Development
  5. Strategic Alliances
  6. Strategic Initiatives
2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
  1. BAE Systems Plc
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Chemring Group Plc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Elbit Systems Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Etienne Lacroix Group
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Leonardo Spa
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. MBDA
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Rheinmetall AG
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. TransDigm Group Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Armtech Defense Technologies
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Others
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
About Us & Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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