At 4.9% CAGR, North America Aerial Firefighting Market is Projected to be Worth US$ 616.58 Million by 2031, says Business Market Insights

According to Business Market Insights' research, the North America aerial firefighting market was valued at US$ 421.93 million in 2023 and is expected to reach US$ 616.58 million by 2031, registering a CAGR of 4.9% from 2023 to 2031. Rise in technological advancements in aerial firefighting solutions and rise in awareness & government initiatives toward forest conservation from fire are among the critical factors attributed to drive the North America aerial firefighting market growth.

With the technological advancements in recent years, the prospects for aerial firefighting hold significant potential. Groundbreaking developments such as drones equipped with thermal imaging cameras and artificial intelligence algorithms have the potential to transform wildfire detection and response completely. Autonomous firefighting aircraft could offer a faster and safer approach to extinguishing fires, while improved fire-retardant delivery systems aim to improve the accuracy and effectiveness of drops. Ongoing research into advanced materials and designs aims to create more efficient and environmentally friendly aerial firefighting solutions. In addition, there is a rise in investment toward technological advancements, such as detachable or removable water tanks in aerial firefighting fleets. For instance, in July 2022, Airbus SA tested its roll-on/roll-off system to drop water from the removable tank in an Airbus A400M. This removable tank kit can be connected to any aircraft with no modification. Thus, the rise in technological advancements is expected to boost market growth in the coming years.

On the contrary, presence of alternative wildfire fighting and management techniques hampers the growth of North America aerial firefighting market.

By end use, the North America aerial firefighting market is segmented into forest firefighting, urban firefighting, and others. The forest firefighting segment held 74.3% share of North America aerial firefighting market share in 2023, amassing US$ 313.67 million. It is projected to garner US$ 470.46 million by 2031 to register 5.2% CAGR during 2023-2031.

In terms of aircraft type, the North America aerial firefighting market is segmented into fixed wing and rotary wing. The rotary wing segment held 54.1% share of North America aerial firefighting market share in 2023, amassing US$ 228.34 million. It is projected to garner US$ 328.34 million by 2031 to register 4.6% CAGR during 2023-2031.

Based on country, the North America aerial firefighting market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 75.1% share of North America aerial firefighting market in 2023. It was assessed at US$ 316.84 million in 2023 and is likely to hit US$ 450.72 million by 2031, registering a CAGR of 4.5% during 2023-2031.

Key players operating in the North America aerial firefighting market are TANKER, Babcock International Group Plc, Billings Flying Service, Conair Group Inc., Coulson Aviation (USA) Inc., Dauntless Air Inc, Erickson Inc, and Neptune Aviation Services, among others.

• In March 2024: Coulson Aviation announced its partnership with Kawak Aviation to launch a modern, upgraded, and more cost-effective Firefighting Black Hawk aircraft platform. The world's largest aerial firefighting company that designs, manufactures, installs, and operates aircraft, Coulson is leading the innovative charge for the proven UH-60-based firefighting aircraft to help ensure a safe solution for every customer and budget.

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