Global Aircraft Evacuation Market, By Equipment Type (Life Vest, Evacuation Slide, Ejection Seat, Evacuation Raft, Emergency Flotation), Fit (Linefit, Retrofit), Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft, Regional Transport Aircraft, Business Jet, Helicopter, Fighter Jet), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Aircraft Evacuation Market
The aircraft evacuation market is expected to witness market growth at a rate of 4.68% in the forecast period of 2021 to 2028. Data Bridge Market Research report on aircraft evacuation market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The high demand of the equipment at various aircraft sectors is escalating the growth of aircraft evacuation market.
An aircraft evacuation system refers to the type of the system that includes evacuation equipment. The equipment enables emergency evacuation from an aircraft that could take place on the ground or in water. The equipment is widely utilized for evacuation such as slides, personal floatation devices, ejection seats and life rafts among others.
The increase in demand for new aircraft across the globe acts as one of the major factors driving the growth of aircraft evacuation market. The rise in the integration of technologically robust aircraft evacuation system on the modern aircrafts by manufacturers, and surge in demand for commercial as well as defense aircrafts accelerate the market growth. The increase in demand for aircraft emergency landing equipment, and development of lightweight, and enhanced safety evacuation system by aircraft manufacturers and the evacuation systems manufacturers further influence the market. Additionally, surge in the investments, expansion of commercial aircraft, increase in safety regulations for aircraft, and concerns regarding the safety of passengers positively affect the aircraft evacuation market. Furthermore, technological advancements in the evacuation systems extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, concerns regarding long product lifecycle of evacuation slides, and existing backlogs of aircraft deliveries are expected to obstruct the market growth. The presence of stringent regulatory are projected to challenge the aircraft evacuation market in the forecast period of 2021-2028.
This aircraft evacuation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aircraft evacuation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aircraft Evacuation Market Scope and Market Size
The aircraft evacuation market is segmented on the basis of equipment type, fit and aircraft type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of equipment type, the aircraft evacuation market is segmented into life vest, evacuation slide, ejection seat, evacuation raft, and emergency flotation.
- On the basis of fit, the aircraft evacuation market is segmented into line fit and retrofit.
- On the basis of aircraft type, the aircraft evacuation market is segmented into narrow body aircraft, wide body aircraft, very large aircraft, regional transport aircraft, business jet, helicopter, and fighter jet.
Aircraft Evacuation Market Country Level Analysis
The aircraft evacuation market is analysed and market size, volume information is provided by country, equipment type, fit and aircraft type as referenced above.
The countries covered in the aircraft evacuation market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is expected to dominate the aircraft evacuation market due to the high demand for narrow body aircrafts within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the growing need for lightweight evacuation systems in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aircraft Evacuation Market Share Analysis
The aircraft evacuation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aircraft evacuation market.
The major players covered in the aircraft evacuation market report are UTC Aerospace Systems, s Zodiac Aerospace, EAM Worldwide, Martin-Baker Aircraft Co. Ltd, NPP Zvezda PAO, Trelleborg AB, GKN Aerospace Services Limited, Cobham Limited, Dart Aerospace, Survival Equipment Services Ltd, Switlik Parachute Co., Mustang Survival, Safran, The MEL Group, and TULMAR Safety Systems, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-