The global aircraft evacuation market is anticipated to grow at a CAGR of 5.7% during the forecast period (2022-2028). The high demand for equipment in various aircraft sectors is driving the expansion of the aircraft evacuation market. The type of system that includes evacuation equipment is referred to as an aircraft evacuation system. The equipment allows for emergency evacuation from an aircraft that could take place on land or in water. Slides, personal floatation devices, ejection seats, and life rafts, among other items, are commonly used for evacuation.
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One of the major factors driving the growth of the aircraft evacuation market is the increase in demand for new aircraft across the globe. Manufacturers’ increased integration of technologically robust aircraft evacuation systems on modern aircraft, as well as a surge in demand for commercial and defense aircraft, drive market growth. Increased demand for aircraft emergency landing equipment, as well as the development of lightweight, high-safety evacuation systems by aircraft manufacturers and evacuation system manufacturers, all have an impact on the market positive growth. Furthermore, an increase in investments, the expansion of commercial aircraft, an increase in aircraft safety regulations, and concerns about passenger safety all have a positive impact on the aircraft evacuation market. Furthermore, technological advancements in evacuation systems increase the number of profitable opportunities.
Concerns about the long product lifecycle of evacuation slides, as well as existing backlogs of aircraft deliveries, are expected to streamline market growth. The presence of stringent regulatory requirements is anticipated to pose a challenge to the aircraft evacuation market during the forecast period. Due to the obvious high demand for narrow-bodyaircraft in the region, North America is expected to dominate the aircraft evacuation market. Moreover, the region’s growing demand for lightweight evacuation systems, Asia-Pacific is expected to witness the fastest growth during the forecast period.
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Competitive Landscape-
EAM Worldwide, Martin-Baker, Survitec Group, Switlik, The MEL Group, UTC Aerospace Systems, and Zodiac Aerospace, among others.
By Type
- Evacuation Slides
- Life Vests
- Life Rafts
- Others
By Aircraft Type
- NB
- WB
- VLA
- RTA
- Fighter Jet
- Helicopter
By Fit
- Line Fit
- Retrofit
By Distribution Channel
- OEM
- OEM
- Aftermarket
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Scope of the Report
The research study analyzes the Global Aircraft Evacuation 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 Global Aircraft Evacuation Market Report
1. What was the Global Aircraft Evacuation Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Aircraft Evacuation Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Aircraft Evacuation Market was the market leader in 2021?
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 Evacuation market.
- The market share of the Global Aircraft Evacuation 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 Evacuation market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Aircraft Evacuation market.
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