Market Size of Firefighting Aircraft Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 539.68 Million |
| Market Size (2029) | USD 712.39 Million |
| CAGR (2024 - 2029) | 5.71 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Firefighting Aircraft Market Analysis
The Firefighting Aircraft Market size is estimated at USD 539.68 million in 2024, and is expected to reach USD 712.39 million by 2029, growing at a CAGR of 5.71% during the forecast period (2024-2029).
Firefighting aircraft need large hold containers for liquid storage. This is achieved using tanks in the aircraft hold area with additional external tanks or a combination. The tank is used for storing water or any other retardant, which is used to extinguish the fire by dropping the retardant from the aircraft rather than using any pressurized method for deployment.
The tanks fitted to the firefighting aircraft may hold water or a chemical fire-retardant foam or gel. Various countries are employing a new method to extinguish the fire by dropping retardant ahead of the fire to control the spread. Several firefighting aircraft are fitted on-ground with high-pressure hoses, enabling them to make repeated flights to extinguish the fire. Various other firefighting aircraft have space in the hold area and can fill water from a nearby lake en route to the wildfire site. Some widely used aircraft for firefighting include the Boeing B747, McDonnell Douglas DC-10, and the BAe 146 aerial firefighting aircraft.
The increase in the number of forest fire incidents worldwide, as well as the growing need for more efficient aircraft, has led to various manufacturers converting existing aircraft and helicopter lineups to be used as a freighting aircraft thereby driving the market during the forecast period. On the other hand, higher chances of aircraft malfunction will be a significant factor that will hamper the market's growth in the future.
