Aircraft Fire Protection Systems Market was valued at USD 982.33 Million in 2019 and is projected to reach USD 1.43 Billion by 2027, growing at a CAGR of 4% from 2021 to 2027.
Aircraft fire prevention systems are installed inside the aircraft to protect and track any symptoms that could cause a fire. The fire protection system of an aircraft consists of a fire detection system and a fire extinguishing system. Aircraft fire protection systems are now improved and do not rely on crew observations for fire detection. For fire detection, advanced detection systems such as thermal switch systems, thermocouple systems, and continuous loop systems are used in aircraft fire protection systems. High-speed discharge (HRD) systems are used in fire extinguishers on modern aircraft. In the event of a fire, fire protection systems on modern aircraft can alert the crew and take remedial action, such as extinguishing.
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Market Segments
By Application
- Aircraft Cargo Compartments
- Engines
- Auxiliary Power Units (APU)
- Cabins & Lavatories
- Cockpits
By Product
- Fire Detection Systems
- Alarm & Warning Systems
- Fire Suppression Systems
By Aircraft Type
- Civil Aircraft
- General Aviation Aircraft
- Commercial Passenger & Cargo Aircraft
- Civil Helicopters
- Military Aircraft
- Fighter Jets
- Military Helicopters
- Transport Carriers
Key Players
The key players in the global aircraft fire protection systems market are Advanced Aircraft Extinguishers, Ltd. (US), Aerocon Engineering Co. (US), Amerex Corporation (US), Diehl Stiftung & Co. KG (Germany), Gielle Group (Italy), Halma plc (UK), H3R Aviation, Inc. (US), Meggitt plc (UK), Siemens AG (Germany), and United Technologies Corporation (US).
Scope of the Report
The research study analyzes the global Aircraft Fire Protection System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Aircraft Fire Protection System Market Report
1. What was the Aircraft Fire Protection System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Aircraft Fire Protection System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Aircraft Fire Protection System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Aircraft Fire Protection System market.
- The market share of the global Aircraft Fire Protection System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Aircraft Fire Protection System market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Aircraft Fire Protection System market.
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