Global Single Carriage Ejector Racks Market: Regional Insights
North America accounted for the largest share in the global single carriage ejector rack market in 2017 and expected to retain its dominance during forecasted period from 2018 to 2026. This growth is attributed to presence of leading players such as Cobham Plc., Harris Corporation, and AVIC Corporation among other, in the regional market. Furthermore, companies in the region are focusing on advancement in the existing products, which in turn will support growth of the market. For instance, November 2017, Harris launched the BRU-47 and BRU-57 for KF-X fighter jet model. The BRU-47 single store carrier, known for its reliability and ease of maintenance, also reduces the time needed for loading stores as this system is incorporated with sway-brace technology, which further provides significant benefits such as shorter store loading times and reduces maintenance. Hence, this factor will help in propelling growth of the global single carriage ejector racks market in this particular region.
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