Supply Chain Analysis of Fire Fighting Aircraft Market, Growth…

Supply Chain Analysis of Fire Fighting Aircraft Market, Growth…


According to a recent report by Allied Market Research entitled “Firefighting Aircraft Market by Type, Service Provider, Max Takeoff Weight and Water Capacity: Global Opportunity Analysis and Industry Forecast, 2021-2030”, The global firefighting aircraft market was valued at US$8.85 billion in 2020 and is projected to reach US$16.47 billion by 2030, growing at a CAGR of 6.5% from 2021-2030.

Asia Pacific dominates the market in terms of revenue, followed by North America, Europe and LAMEA. China dominated the global firefighting aircraft market share in 2020. South Korea is expected to grow at a considerable rate during the forecast period amid increased demand for fire incident response aircraft across the country.

Firefighting aircraft are special types of aircraft used to combat forest, industrial and other types of life-threatening fire incidents that occur in various locations. These aircraft are designed to store a large quantity of water or other fire retardant chemicals and spray or bomb water over the fire affected area during their flight to prevent further spread of the fire. Companies have developed a wider range of firefighting aircraft that can operate efficiently in fire situations while also being used for numerous rescue operations.

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Firefighting aircraft are designed to refill their holding tanks multiple times during a single flight from available water sources such as the sea, river, ponds or similar sources. Because firefighting aircraft include helicopters, major manufacturers working towards helicopter development have redesigned their existing helicopter offerings to enable them to be used in firefighting applications. Meanwhile, governments around the world are also transforming their existing…


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