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Aerial Firefighting Market
Updated On

Nov 28 2024

Total Pages

280

Aerial Firefighting Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics

Aerial Firefighting Market by Service (Firefighting operations, Aerial surveillance and monitoring, Aerial logistics and support), by End-user (Government, Private firefighting contractors, Industrial companies), by North America (U.S., Canada), by Europe (UK, Germany, France, Italy, Russia, Spain, Rest of Europe), by Asia Pacific (China, India, Japan, South Korea, ANZ, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Rest of Latin America), by MEA (South Africa, UAE, Saudi Arabia, Rest of MEA) Forecast 2025-2033

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Aerial Firefighting Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics




Key Insights

The size of the Aerial Firefighting Market was valued at USD 1.3 Billion in 2023 and is projected to reach USD 1.83 Billion by 2032, with an expected CAGR of 5% during the forecast period. The Aerial Firefighting Market uses aircraft like planes and helicopters to fight wildfires and other major fires. These aerial firefighting systems usually involve utilizing water, retardant, or foam to extinguish and manage fires from the sky, assisting land-based firefighting crews. The market is influenced by the rising occurrence and severity of wildfires, especially in drought-prone areas with extreme weather conditions. Governments, private companies, and environmental organizations are putting money into specialized firefighting aircraft and equipment in order to enhance fire management and response times. Moreover, progress in aircraft technology, like improved water-dropping systems and the utilization of drones for fire monitoring and evaluation, is strengthening firefighting abilities. The increasing understanding of how climate change worsens fire dangers, as well as the necessity for quicker, more efficient fire control strategies, is causing a higher request for aerial firefighting solutions. The Aerial Firefighting Market is expected to grow significantly as wildfires remain a major danger to ecosystems and communities, with a focus on enhancing safety, efficiency, and response times through innovations.

Aerial Firefighting Market Research Report - Market Size, Growth & Forecast

Aerial Firefighting Market Concentration & Characteristics

The Aerial Firefighting Market is characterized by a high concentration in the hands of a few major players. These companies benefit from economies of scale, established supply chains, and strong relationships with customers. The market is also subject to regulations governing aerial firefighting operations and safety measures, which present barriers to entry for smaller players. The level of product substitution is limited, as aerial firefighting services are highly specialized and require dedicated aircraft and trained personnel. The end-user concentration is high, with governments and private firefighting contractors accounting for the majority of demand. The market also experiences significant M&A activity, as larger companies seek to consolidate their market share.

Aerial Firefighting Market Trends

The Aerial Firefighting Market is witnessing several key trends:

  • Adoption of Hybrid Seeds: Hybrid seeds are increasingly being used in aerial firefighting operations due to their superior resistance to drought and pest infestations.
  • Government Regulations: Governments are enacting stricter regulations on aerial firefighting practices, such as mandatory training and certification for pilots.
  • Technological Advancements: Advances in aerial firefighting technology, such as improved fire retardants and precision guidance systems, are enhancing the efficiency and safety of operations.

Aerial Firefighting Market Growth

Key Region or Country & Segment to Dominate the Market

North America is the dominant region in the Aerial Firefighting Market, driven by the high frequency and intensity of wildfires in the region. Within the market, the Firefighting Operations segment accounts for the largest share due to the growing need for specialized aircraft and skilled personnel to combat wildfires.

Aerial Firefighting Market Product Insights Report Coverage & Deliverables

  • Comprehensive market analysis covering market size, market share, and growth projections
  • In-depth analysis of key market segments and their growth potential
  • Detailed profiles of leading industry players
  • Analysis of market drivers, challenges, and opportunities
  • Forecast of future market trends and their impact on industry dynamics

Aerial Firefighting Market Analysis

The Aerial Firefighting Market has experienced steady growth over the past decade, driven by the increasing prevalence of wildfires and the rising demand for aerial firefighting services. The market is expected to continue growing at a moderate pace in the coming years, reaching a value of 1.7 Billion by 2028.

Aerial Firefighting Market Regional Insights

  • North America: U.S., Canada
  • Europe: UK, Germany, France, Italy, Russia, Spain, Rest of Europe
  • Asia Pacific: China, India, Japan, South Korea, ANZ, Rest of Asia Pacific
  • Latin America: Brazil, Mexico, Argentina, Rest of Latin America
  • MEA: South Africa, UAE, Saudi Arabia, Rest of MEA

Aerial Firefighting Market Regional Share

Driving Forces: What's Propelling the Aerial Firefighting Market

  • Rising frequency and intensity of wildfires due to climate change
  • Increasing demand for aerial firefighting services by governments and private organizations
  • Technological advancements leading to more efficient and cost-effective aerial firefighting tools

Challenges and Restraints in Aerial Firefighting Market

  • High operating costs
  • Limited availability of skilled pilots and specialized equipment
  • Stringent government regulations

Emerging Trends in Aerial Firefighting Market

  • Adoption of unmanned aerial vehicles (UAVs) for aerial firefighting
  • Use of artificial intelligence (AI) and data analytics to improve fire detection and response
  • Development of more sustainable fire retardants

Market Segmentation: Aerial Firefighting

Service

  • Firefighting operations
  • Aerial surveillance and monitoring
  • Aerial logistics and support

End-user

  • Government
  • Private firefighting contractors
  • Industrial companies

Aerial Firefighting Industry News

  • January 2024: Cargolux, a European cargo airline, launched Aquarius Aerial Firefighting unit, which operates a fleet of 12 Air Tractor AT-802F Fire Boss aircraft.
  • March 2024: Helitak Firefighting Equipment, an Australian company, announced the launch of the Helitak Fire Bucket.

Leading Players in the Aerial Firefighting Market



Aerial Firefighting Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 5% from 2019-2033
Segmentation
    • By Service
      • Firefighting operations
      • Aerial surveillance and monitoring
      • Aerial logistics and support
    • By End-user
      • Government
      • Private firefighting contractors
      • Industrial companies
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Russia
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • ANZ
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • MEA
      • South Africa
      • UAE
      • Saudi Arabia
      • Rest of MEA


Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1 Escalating demand for autonomous driving technologies in the market
        • 3.2.2 Increased wildfires incidence due to climate change
        • 3.2.3 Introduction of advanced emission control systems due to strict regulations
        • 3.2.4 Expansion of emergency response infrastructure
        • 3.2.5 Government fundings and support for firefighting resources
      • 3.3. Market Restrains
        • 3.3.1 High cost of advanced technology integration
        • 3.3.2 Limited firefighting aircraft available
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Aerial Firefighting Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Service
      • 5.1.1. Firefighting operations
      • 5.1.2. Aerial surveillance and monitoring
      • 5.1.3. Aerial logistics and support
    • 5.2. Market Analysis, Insights and Forecast - by End-user
      • 5.2.1. Government
      • 5.2.2. Private firefighting contractors
      • 5.2.3. Industrial companies
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1. North America
      • 5.3.2. Europe
      • 5.3.3. Asia Pacific
      • 5.3.4. Latin America
      • 5.3.5. MEA
  6. 6. North America Aerial Firefighting Market Analysis, Insights and Forecast, 2019-2031
    • 6.1. Market Analysis, Insights and Forecast - by Service
      • 6.1.1. Firefighting operations
      • 6.1.2. Aerial surveillance and monitoring
      • 6.1.3. Aerial logistics and support
    • 6.2. Market Analysis, Insights and Forecast - by End-user
      • 6.2.1. Government
      • 6.2.2. Private firefighting contractors
      • 6.2.3. Industrial companies
  7. 7. Europe Aerial Firefighting Market Analysis, Insights and Forecast, 2019-2031
    • 7.1. Market Analysis, Insights and Forecast - by Service
      • 7.1.1. Firefighting operations
      • 7.1.2. Aerial surveillance and monitoring
      • 7.1.3. Aerial logistics and support
    • 7.2. Market Analysis, Insights and Forecast - by End-user
      • 7.2.1. Government
      • 7.2.2. Private firefighting contractors
      • 7.2.3. Industrial companies
  8. 8. Asia Pacific Aerial Firefighting Market Analysis, Insights and Forecast, 2019-2031
    • 8.1. Market Analysis, Insights and Forecast - by Service
      • 8.1.1. Firefighting operations
      • 8.1.2. Aerial surveillance and monitoring
      • 8.1.3. Aerial logistics and support
    • 8.2. Market Analysis, Insights and Forecast - by End-user
      • 8.2.1. Government
      • 8.2.2. Private firefighting contractors
      • 8.2.3. Industrial companies
  9. 9. Latin America Aerial Firefighting Market Analysis, Insights and Forecast, 2019-2031
    • 9.1. Market Analysis, Insights and Forecast - by Service
      • 9.1.1. Firefighting operations
      • 9.1.2. Aerial surveillance and monitoring
      • 9.1.3. Aerial logistics and support
    • 9.2. Market Analysis, Insights and Forecast - by End-user
      • 9.2.1. Government
      • 9.2.2. Private firefighting contractors
      • 9.2.3. Industrial companies
  10. 10. MEA Aerial Firefighting Market Analysis, Insights and Forecast, 2019-2031
    • 10.1. Market Analysis, Insights and Forecast - by Service
      • 10.1.1. Firefighting operations
      • 10.1.2. Aerial surveillance and monitoring
      • 10.1.3. Aerial logistics and support
    • 10.2. Market Analysis, Insights and Forecast - by End-user
      • 10.2.1. Government
      • 10.2.2. Private firefighting contractors
      • 10.2.3. Industrial companies
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2024
      • 11.2. Company Profiles
        • 11.2.1 Aero Empresa Brasileira de Aeronáutica S.A.
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Aerovironment Inc.
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Air Tractor Inc.
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Airbus Defence and Space
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Boeing Company
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Bombardier Inc.
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Bridger Aerospace Group Holdings LLC
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Canadair Regional Jet
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Conair Group Inc.
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Coulson Aviation
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
        • 11.2.11 Dauntless Air Inc.
          • 11.2.11.1. Overview
          • 11.2.11.2. Products
          • 11.2.11.3. SWOT Analysis
          • 11.2.11.4. Recent Developments
          • 11.2.11.5. Financials (Based on Availability)
        • 11.2.12 Erickson Incorporated
          • 11.2.12.1. Overview
          • 11.2.12.2. Products
          • 11.2.12.3. SWOT Analysis
          • 11.2.12.4. Recent Developments
          • 11.2.12.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Aerial Firefighting Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
  2. Figure 2: North America Aerial Firefighting Market Revenue (Billion), by Service 2024 & 2032
  3. Figure 3: North America Aerial Firefighting Market Revenue Share (%), by Service 2024 & 2032
  4. Figure 4: North America Aerial Firefighting Market Revenue (Billion), by End-user 2024 & 2032
  5. Figure 5: North America Aerial Firefighting Market Revenue Share (%), by End-user 2024 & 2032
  6. Figure 6: North America Aerial Firefighting Market Revenue (Billion), by Country 2024 & 2032
  7. Figure 7: North America Aerial Firefighting Market Revenue Share (%), by Country 2024 & 2032
  8. Figure 8: Europe Aerial Firefighting Market Revenue (Billion), by Service 2024 & 2032
  9. Figure 9: Europe Aerial Firefighting Market Revenue Share (%), by Service 2024 & 2032
  10. Figure 10: Europe Aerial Firefighting Market Revenue (Billion), by End-user 2024 & 2032
  11. Figure 11: Europe Aerial Firefighting Market Revenue Share (%), by End-user 2024 & 2032
  12. Figure 12: Europe Aerial Firefighting Market Revenue (Billion), by Country 2024 & 2032
  13. Figure 13: Europe Aerial Firefighting Market Revenue Share (%), by Country 2024 & 2032
  14. Figure 14: Asia Pacific Aerial Firefighting Market Revenue (Billion), by Service 2024 & 2032
  15. Figure 15: Asia Pacific Aerial Firefighting Market Revenue Share (%), by Service 2024 & 2032
  16. Figure 16: Asia Pacific Aerial Firefighting Market Revenue (Billion), by End-user 2024 & 2032
  17. Figure 17: Asia Pacific Aerial Firefighting Market Revenue Share (%), by End-user 2024 & 2032
  18. Figure 18: Asia Pacific Aerial Firefighting Market Revenue (Billion), by Country 2024 & 2032
  19. Figure 19: Asia Pacific Aerial Firefighting Market Revenue Share (%), by Country 2024 & 2032
  20. Figure 20: Latin America Aerial Firefighting Market Revenue (Billion), by Service 2024 & 2032
  21. Figure 21: Latin America Aerial Firefighting Market Revenue Share (%), by Service 2024 & 2032
  22. Figure 22: Latin America Aerial Firefighting Market Revenue (Billion), by End-user 2024 & 2032
  23. Figure 23: Latin America Aerial Firefighting Market Revenue Share (%), by End-user 2024 & 2032
  24. Figure 24: Latin America Aerial Firefighting Market Revenue (Billion), by Country 2024 & 2032
  25. Figure 25: Latin America Aerial Firefighting Market Revenue Share (%), by Country 2024 & 2032
  26. Figure 26: MEA Aerial Firefighting Market Revenue (Billion), by Service 2024 & 2032
  27. Figure 27: MEA Aerial Firefighting Market Revenue Share (%), by Service 2024 & 2032
  28. Figure 28: MEA Aerial Firefighting Market Revenue (Billion), by End-user 2024 & 2032
  29. Figure 29: MEA Aerial Firefighting Market Revenue Share (%), by End-user 2024 & 2032
  30. Figure 30: MEA Aerial Firefighting Market Revenue (Billion), by Country 2024 & 2032
  31. Figure 31: MEA Aerial Firefighting Market Revenue Share (%), by Country 2024 & 2032
List of Tables
  1. Table 1: Global Aerial Firefighting Market Revenue Billion Forecast, by Region 2019 & 2032
  2. Table 2: Global Aerial Firefighting Market Revenue Billion Forecast, by Service 2019 & 2032
  3. Table 3: Global Aerial Firefighting Market Revenue Billion Forecast, by End-user 2019 & 2032
  4. Table 4: Global Aerial Firefighting Market Revenue Billion Forecast, by Region 2019 & 2032
  5. Table 5: Global Aerial Firefighting Market Revenue Billion Forecast, by Service 2019 & 2032
  6. Table 6: Global Aerial Firefighting Market Revenue Billion Forecast, by End-user 2019 & 2032
  7. Table 7: Global Aerial Firefighting Market Revenue Billion Forecast, by Country 2019 & 2032
  8. Table 8: U.S. Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  9. Table 9: Canada Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  10. Table 10: Global Aerial Firefighting Market Revenue Billion Forecast, by Service 2019 & 2032
  11. Table 11: Global Aerial Firefighting Market Revenue Billion Forecast, by End-user 2019 & 2032
  12. Table 12: Global Aerial Firefighting Market Revenue Billion Forecast, by Country 2019 & 2032
  13. Table 13: UK Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  14. Table 14: Germany Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  15. Table 15: France Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  16. Table 16: Italy Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  17. Table 17: Russia Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  18. Table 18: Spain Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  19. Table 19: Rest of Europe Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  20. Table 20: Global Aerial Firefighting Market Revenue Billion Forecast, by Service 2019 & 2032
  21. Table 21: Global Aerial Firefighting Market Revenue Billion Forecast, by End-user 2019 & 2032
  22. Table 22: Global Aerial Firefighting Market Revenue Billion Forecast, by Country 2019 & 2032
  23. Table 23: China Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  24. Table 24: India Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  25. Table 25: Japan Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  26. Table 26: South Korea Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  27. Table 27: ANZ Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  28. Table 28: Rest of Asia Pacific Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  29. Table 29: Global Aerial Firefighting Market Revenue Billion Forecast, by Service 2019 & 2032
  30. Table 30: Global Aerial Firefighting Market Revenue Billion Forecast, by End-user 2019 & 2032
  31. Table 31: Global Aerial Firefighting Market Revenue Billion Forecast, by Country 2019 & 2032
  32. Table 32: Brazil Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  33. Table 33: Mexico Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  34. Table 34: Argentina Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  35. Table 35: Rest of Latin America Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  36. Table 36: Global Aerial Firefighting Market Revenue Billion Forecast, by Service 2019 & 2032
  37. Table 37: Global Aerial Firefighting Market Revenue Billion Forecast, by End-user 2019 & 2032
  38. Table 38: Global Aerial Firefighting Market Revenue Billion Forecast, by Country 2019 & 2032
  39. Table 39: South Africa Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  40. Table 40: UAE Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  41. Table 41: Saudi Arabia Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032
  42. Table 42: Rest of MEA Aerial Firefighting Market Revenue (Billion) Forecast, by Application 2019 & 2032


STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.

Frequently Asked Questions

What is the projected Compound Annual Growth Rate (CAGR) of the Aerial Firefighting Market ?

The projected CAGR is approximately 5%.

Are there any restraints impacting market growth?

High cost of advanced technology integration., Limited firefighting aircraft available.

Which companies are prominent players in the Aerial Firefighting Market?

Key companies in the market include 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

What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4,850 , USD 5,350, and USD 8,350 respectively.

Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Billion .

What are the notable trends driving market growth?

.

Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Aerial Firefighting Market," which aids in identifying and referencing the specific market segment covered.

Can you provide examples of recent developments in the market?

In January 2024, Cargolux, a European cargo airline, launched Aquarius Aerial Firefighting unit, which operated a fleet of 12 Air Tractor AT-802F Fire Boss aircraft. The single-engine air tankers, a mix of single and double-seaters, will be acquired over a three-year period. The first three aircraft have already been delivered and are expected to be deployed in May. Cargolux is investing USD 72 million in the new aircraft.

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