How big is the Decoys And Dispensers Market?

The Decoys And Dispensers Market size is expected to reach USD 1.84 billion in 2024 and grow at a CAGR of 11.90% to reach USD 3.24 billion by 2029. Read More

What is the current Decoys And Dispensers Market size?

In 2024, the Decoys And Dispensers Market size is expected to reach USD 1.84 billion. Read More

Who are the key players in Decoys And Dispensers Market?

Elbit Systems Ltd., Chemring Group PLC, Rheinmetall AG, Armtec Defense Technologies and BAE Systems plc are the major companies operating in the Decoys And Dispensers Market. Read More

Which is the fastest growing region in Decoys And Dispensers Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Decoys And Dispensers Market?

In 2024, the North America accounts for the largest market share in Decoys And Dispensers Market. Read More

What years does this Decoys And Dispensers Market cover, and what was the market size in 2023?

In 2023, the Decoys And Dispensers Market size was estimated at USD 1.62 billion. The report covers the Decoys And Dispensers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Decoys And Dispensers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Decoys And Dispensers Market Size & Share Analysis - Industry Research Report

DECOYS AND DISPENSERS MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2024 - 2029)

The Decoys and Dispensers Market is Segmented by Type (Pyrotechnic, Pyrophoric, and Others), Application (Fixed-Wing Aircraft, Rotary-Wing Aircraft, and Unmanned Aerial Vehicles), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecasts for all the Above Segments in Value (USD).

Decoys And Dispensers Industry Overview

The decoy and dispensers market is fragmented and marked by the presence of several local and international players. The key market players include BAE Systems PLC, Chemring Group PLC, Elbit Systems Ltd, Rheinmetall AG, and Armtec Defense Technologies.

Most market players are focusing on collaborations, product development partnerships, and mergers to expand their product portfolio and market presence. For instance, in June 2023, Elbit Systems Ltd unveiled Nano SPEAR, an expendable active RF decoy to protect aircrews and platforms from anti-aircraft threats. The Nano SPEAR is an advanced, expendable RF decoy that uses the existing dispensing system of the aircraft and, once launched, acts independently to lure away hostile radar-guided missiles.