| Published Date | Report Code | No. of Pages | Report Format |
| Oct – 2019 | AMR-4002 | 110 | PDF / Excel |
Rising emphasis on aircrafts safety to drive the market growth at 6.4%CAGR
Increased aviation safety protocols are one of the critical factors anticipated to drive development in the market for aircraft evacuation systems over the next few years. Numerous advances have been produced in airplane evacuation systems due to various kinds of airplane emergencies. Type certification guarantees conformity of the design of a fresh aircraft with current laws and regulations by setting requirements that producers and airline operators must adhere to. As a consequence, numerous market stakeholders including suppliers, suppliers, and other market players have experienced improvements in aircraft evacuation systems with increasing emphasis on aircraft safety. The rising adoption of new aircraft into service will drive the aircraft evacuation market to grow at an accelerated pace.
Escape slide segment to drive market growth in the forthcoming years
Due to continous technological advancements, including decreased inflation time and safer exit, Escape slide will record over 5 percent CAGR by 2025. The increase of the population in terms of air travel, increasing the disposable income of working class populations and also migrating individuals from rural to urban regions and from outside the country in pursuit of work are other factors promoting the development of the escape slides for the aircraft evacuation industry. These variables have boosted the demand for air travel substantially, and this trend is anticipated to continue over the forecast period.
Fixed wing segment dominated market value share in 2017
Fixed wing dominates the market share of aircraft evacuation due to increased worldwide demand for aircraft. To satisfy prior backlogs, participants in the aviation sector such as Airbus and Boeing are growing manufacturing. For example, Boeing announced in 2017 that it would increase the production rate of 737 aircraft in 2018 from 42 to 52. In addition, growing focus of aircraft manufacturers on equipping compact design maximum seats in aircraft along with growing acceptance for low-cost carriers further drives segment development until 2025.
During the forecast period, the rotary wing is anticipated to see significant gains. Increasing military expenditure and the spread of tourism contribute to the segment development over the time frame of the research. Multiple benefits provided by these crafts, including vertical landing and take-off activities, low-speed maneuverability, and rough terrain landing, further strengthen market share by 2025.
North America and Asia Pacific to propel global market growth
North America and Asia Pacific’s aviation sector is increasing at a substantial pace that demands fresh, state-of – the-art aircraft. One of the main factors for the fast development of the market for aircraft evacuation systems in this region is the increasing procurement of new aircraft due to greater air traffic. To satisfy the enormous requirement of state-of – the-art aviation systems, companies integrate technologically robust airplane evacuation systems on contemporary aircraft. This factor is boosting the future growth of the market for aircraft evacuation.
The market for aircraft evacuation systems is moderately fragmented with numerous global and regional aircraft evacuation providing products such as evacuation slide, life raft, and life jacket. Primary participants in the aircraft evacuation market include EAM Worldwide, Zodiac Aerospace, UTC Aerospace, Martin Baker, NPP Zvezda, Switlik, Trelleborg, Survitec Group, and DART Aerospace.
The global aircraft evacuation market was valued at USD 882 million in 2018 and is expected to register a CAGR of 5.4% over the forecast period. Increasing demand for aircraft emergency landing facilities is increasing until 2025 owing to the hazards of aircraft accidents. Increasing demand by defence, together with strict public regulations related to the maintenance, to create technologically sophisticated and light weight evacuation systems are strengthening the company share further during the period of study. Higher flight crew training expenses and reliability problems for airplane evacuation systems can reduce the market position over the expected time period. However, respondents from sector develop lightweight alternatives with automated techniques to reduce general expenses and thus provide a favourable perspective for the proliferation of the aircraft evacuation market.
The occurrence of aviation accidents has forced producers and officials to consider a number of new issues relating to aircraft evacuation. The most significant safety mechanisms include airplane evacuation slides. Evacuation slides are inflatable slides mounted on all civil and military aircraft. Aircraft evacuation slides are intended for instant aircraft evacuation in emergencies. The airplane door sill height is generally more than 6 feet above the floor due to the risk of injuries to passengers in an emergency evacuation. To prevent this, aircraft evacuation slides in all aircraft systems must be installed in order for passengers on board to be quickly and securely evacuated. Such innovative steps to increase aircraft safety are expected to boost the demand for overall global aircraft evacuation market.
The global aircraft evacuation market can be segmented on the basis of product, platform, rotary wing, distribution channel and geography. On the basis of product, the global aircraft evacuation market can be classified into life vest, escape slide, evacuation raft, ejection seat and inflatable floatation. Based on rotary wing, the global aircraft evacuation market can be bifurcated into fixed wing narrow body, wide body, regional aircraft, and fighter jet.Based on platform, the global aircraft evacuation market can be bifurcated into civil helicopter, military helicopter.Based on distribution channel, the global aircraft evacuation market can be bifurcated into OEM and aftermarket. Based on regions, the global aircraft evacuation market is divided into Europe, North America, Latin America, Asia-Pacific and rest of the world.
Aircraft evacuation market growth can be attributed to increased air traffic and subsequent fresh aircraft procurement. The amount of air travellers travelling around the globe is growing day by day with more than 700 routes being established for better connectivity. This has developed new difficulties for both governments and aviation officials to provide adequate security, infrastructure, technology and facilities to accommodate this development and to guarantee that laws and taxes do not behave as limiting factors for market growth. This increase in passenger traffic is also anticipated to drive the airplane evacuation market.
The key industry players present in the global aircraft evacuation market include EAM Worldwide, Zodiac Aerospace, NPP Zvezda, UTC Aerospace, Survitec Group, Martin Baker, Trelleborg, Switlik and DART Aerospace among others.
Chapter 1.Executive Summary
Chapter 2.Market Introduction
Chapter 3.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – Key Industry Dynamics
Chapter 4.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 5.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – by product
Chapter 6.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – By platform
Chapter 7.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – By distribution channel
Chapter 8.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – By Rotary Wing
Chapter 9.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – By Region
Chapter 10.North America Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 11.Europe Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 12.Asia-Pacific Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 13.Latin America Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 14.Middle East & Africa Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 15.Competitive Analysis
Rising emphasis on aircrafts safety to drive the market growth at 6.4%CAGR
Increased aviation safety protocols are one of the critical factors anticipated to drive development in the market for aircraft evacuation systems over the next few years. Numerous advances have been produced in airplane evacuation systems due to various kinds of airplane emergencies. Type certification guarantees conformity of the design of a fresh aircraft with current laws and regulations by setting requirements that producers and airline operators must adhere to. As a consequence, numerous market stakeholders including suppliers, suppliers, and other market players have experienced improvements in aircraft evacuation systems with increasing emphasis on aircraft safety. The rising adoption of new aircraft into service will drive the aircraft evacuation market to grow at an accelerated pace.
Escape slide segment to drive market growth in the forthcoming years
Due to continous technological advancements, including decreased inflation time and safer exit, Escape slide will record over 5 percent CAGR by 2025. The increase of the population in terms of air travel, increasing the disposable income of working class populations and also migrating individuals from rural to urban regions and from outside the country in pursuit of work are other factors promoting the development of the escape slides for the aircraft evacuation industry. These variables have boosted the demand for air travel substantially, and this trend is anticipated to continue over the forecast period.
Fixed wing segment dominated market value share in 2017
Fixed wing dominates the market share of aircraft evacuation due to increased worldwide demand for aircraft. To satisfy prior backlogs, participants in the aviation sector such as Airbus and Boeing are growing manufacturing. For example, Boeing announced in 2017 that it would increase the production rate of 737 aircraft in 2018 from 42 to 52. In addition, growing focus of aircraft manufacturers on equipping compact design maximum seats in aircraft along with growing acceptance for low-cost carriers further drives segment development until 2025.
During the forecast period, the rotary wing is anticipated to see significant gains. Increasing military expenditure and the spread of tourism contribute to the segment development over the time frame of the research. Multiple benefits provided by these crafts, including vertical landing and take-off activities, low-speed maneuverability, and rough terrain landing, further strengthen market share by 2025.
North America and Asia Pacific to propel global market growth
North America and Asia Pacific’s aviation sector is increasing at a substantial pace that demands fresh, state-of – the-art aircraft. One of the main factors for the fast development of the market for aircraft evacuation systems in this region is the increasing procurement of new aircraft due to greater air traffic. To satisfy the enormous requirement of state-of – the-art aviation systems, companies integrate technologically robust airplane evacuation systems on contemporary aircraft. This factor is boosting the future growth of the market for aircraft evacuation.
The market for aircraft evacuation systems is moderately fragmented with numerous global and regional aircraft evacuation providing products such as evacuation slide, life raft, and life jacket. Primary participants in the aircraft evacuation market include EAM Worldwide, Zodiac Aerospace, UTC Aerospace, Martin Baker, NPP Zvezda, Switlik, Trelleborg, Survitec Group, and DART Aerospace.
The global aircraft evacuation market was valued at USD 882 million in 2018 and is expected to register a CAGR of 5.4% over the forecast period. Increasing demand for aircraft emergency landing facilities is increasing until 2025 owing to the hazards of aircraft accidents. Increasing demand by defence, together with strict public regulations related to the maintenance, to create technologically sophisticated and light weight evacuation systems are strengthening the company share further during the period of study. Higher flight crew training expenses and reliability problems for airplane evacuation systems can reduce the market position over the expected time period. However, respondents from sector develop lightweight alternatives with automated techniques to reduce general expenses and thus provide a favourable perspective for the proliferation of the aircraft evacuation market.
The occurrence of aviation accidents has forced producers and officials to consider a number of new issues relating to aircraft evacuation. The most significant safety mechanisms include airplane evacuation slides. Evacuation slides are inflatable slides mounted on all civil and military aircraft. Aircraft evacuation slides are intended for instant aircraft evacuation in emergencies. The airplane door sill height is generally more than 6 feet above the floor due to the risk of injuries to passengers in an emergency evacuation. To prevent this, aircraft evacuation slides in all aircraft systems must be installed in order for passengers on board to be quickly and securely evacuated. Such innovative steps to increase aircraft safety are expected to boost the demand for overall global aircraft evacuation market.
The global aircraft evacuation market can be segmented on the basis of product, platform, rotary wing, distribution channel and geography. On the basis of product, the global aircraft evacuation market can be classified into life vest, escape slide, evacuation raft, ejection seat and inflatable floatation. Based on rotary wing, the global aircraft evacuation market can be bifurcated into fixed wing narrow body, wide body, regional aircraft, and fighter jet.Based on platform, the global aircraft evacuation market can be bifurcated into civil helicopter, military helicopter.Based on distribution channel, the global aircraft evacuation market can be bifurcated into OEM and aftermarket. Based on regions, the global aircraft evacuation market is divided into Europe, North America, Latin America, Asia-Pacific and rest of the world.
Aircraft evacuation market growth can be attributed to increased air traffic and subsequent fresh aircraft procurement. The amount of air travellers travelling around the globe is growing day by day with more than 700 routes being established for better connectivity. This has developed new difficulties for both governments and aviation officials to provide adequate security, infrastructure, technology and facilities to accommodate this development and to guarantee that laws and taxes do not behave as limiting factors for market growth. This increase in passenger traffic is also anticipated to drive the airplane evacuation market.
The key industry players present in the global aircraft evacuation market include EAM Worldwide, Zodiac Aerospace, NPP Zvezda, UTC Aerospace, Survitec Group, Martin Baker, Trelleborg, Switlik and DART Aerospace among others.
Chapter 1.Executive Summary
Chapter 2.Market Introduction
Chapter 3.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – Key Industry Dynamics
Chapter 4.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 5.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – by product
Chapter 6.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – By platform
Chapter 7.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – By distribution channel
Chapter 8.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – By Rotary Wing
Chapter 9.Global Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025 – By Region
Chapter 10.North America Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 11.Europe Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 12.Asia-Pacific Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 13.Latin America Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 14.Middle East & Africa Aircraft Evacuation Market – Analysis and Revenue Forecast 2018-2025
Chapter 15.Competitive Analysis
