Single Carriage Ejector Racks MarketSize and Trends

Increasing territorial disputes and rising concerns for countermeasures against terrorist activities is expected to drive the market growth

Rising territorial disputes and terrorist attacks in countries such as Russia and Ukraine for Crimea; China and Japan for the uninhabited islands in the East China Sea; India and Pakistan for Jammu & Kashmir, Israel and Palestine for the Gaza Strip, Golan Heights, and West Bank is a major factor for increasing demand for these racks. Several other regional disputes, which inadvertently are effecting the security of the nation is expected to aid in growth of the market. For instance, according to the ourworlddata.org analysis, in 2013, total number of terrorist related incident occurred was 11,996 and it increased to 16,860 in 2014, globally. Additionally, according to the U.S. Department of State, in India the total number of terrorist attack occurred in 2014 were 764 and it has increased to 791 in 2015. Therefore, increasing territorial disputes, which further increases use of weapons in order to protect the nation’s security from the terrorist attacks is expected to aid in growth of the market.

Moreover, increasing government regulation to monitor international borders and safeguard people against terrorist activities is another factor driving growth of single carriage ejector racks market. For instance, The USA Patriot Act is an antiterrorism law enacted by the U.S. Congress in October 2001, to improve the ability of U.S. law enforcement to detect and deter terrorism. This act allows law enforcement to use surveillance and wiretapping to investigate terror-related crimes and providing aid to terrorism victims and public safety officers involved in investigating or preventing terrorism or responding to terrorist attacks. Therefore, increasing government initiative towards protecting the nation from the terrorist attack will positively encourage the market player to purchase these systems for aircrafts, which provides facility of carrying large bombs and missiles during fight. This will in turn help in propelling growth of the market.