Market Share of Firefighting Aircraft Industry
The firefighting market is consolidated, with a few players holding significant shares in the market. Some of the key players in the market are Lockheed Martin Corporation, Airbus SE, Leonardo S.p.A., Textron Inc., and Shinmaywa Industries Ltd. Key players in the market are highly investing in research and development and the introduction of advanced solutions for firefighting aircraft. For instance, in August 2022, Textron Inc. announced that it had delivered two Beechcraft King Air 260 aircraft to the US Forest Service. The aircraft will perform wildfire mapping missions. The King Air 260 aircraft was modified to install the latest imaging TK-9 Earthwatch airborne sensor, infrared (IR) sensing technology, and legacy US Forest Service sensors that can accurately map wildfires, even at night and through smoke.
Firefighting Aircraft Market Leaders
Lockheed Martin Corporation
Textron Inc.
Leonardo S.p.A.
Airbus SE
Shinmaywa Industries Ltd.
*Disclaimer: Major Players sorted in no particular order