Overview

Global Aircraft Evacuation Market value over USD 3.2 billion by 2029 end and register a CAGR of over 5.4% from 2019 to 2029.

Rise in global passenger traffic and subsequent demand for new commercial aircraft, and a rise in defense expenditure, especially in developing countries and subsequent demand for new fighter jets are factors that positively influence aircraft evacuation systems market growth. In addition, periodic inspections, safety drills, and mandates by several organizations such as the National Transportation Safety Board and the Federal Aviation Administration, regarding aviation safety, further boosts the market growth. However, factors such as injuries associated with ejection and evacuation, and existing backlogs of aircraft deliveries hinder the market growth. Meanwhile, emerging aircraft OEMs in Asia-Pacific and Latin America, and the development of advanced technology such as lightweight fabric and sensing devices for these life-saving systems create promising growth opportunities for the aircraft evacuation systems market.

Increasing demand for emergency aircraft landing equipment due to risks associated with aircraft crashes are augmenting the aircraft evacuation market size. Proliferating demand from defense forces to develop technologically advanced and light weight evacuation systems, along with stringent government regulations associated with maintenance are further boosting the business share over the study timeframe. For instance, FAA and NTSB   periodic inspection for passenger safety equipment in aircraft and provides multiple passenger safety training programs, thereby providing a positive outlook for the industry expansion.

Technological advancements including the development of automatically inflated evacuation slides are positively influencing the aircraft evacuation market expansion. Additionally, advanced concept ejection seats offering multiple modes of ejection based on flight velocity and altitude are contributing significantly towards the industry proliferation over the study timeframe.

North America is estimated to account for the largest share during the review period owing to the presence of major commercial as well as combat aircraft OEMs. Furthermore, increasing focus on developing advanced technologies and lightweight evacuation systems by companies in the US and Canada is contributing to the high demand for aircraft evacuation systems in North America.

Major firms influencing the aircraft evacuation market are UTC Aerospace Systems, Zodiac Aerospace, EAM Worldwide, Cobham PLC., Trelleborg AB, GKN Aerospace Services Limited, DART Aerospace, Mustang Survival, Survival Equipment Services Ltd., and Martin-Baker among others.

Market Segmentation:

By Equipment Type

●     Life Vest

●     Evacuation Slide

●     Ejection Seat

●     Evacuation Raft 

●     Emergency Flotation

By Aircraft Type

●     Narrow Body Aircraft

●     Wide-Body Aircraft

●     Very Large Aircraft

●     Business Jet

●     Regional Transport Aircraft

●     Fighter Jet

●     Helicopter

By Fit

●     Linefit

●     Retrofit

By Region

●     North America

●     Europe 

●     Asia Pacific

●     Latin America 

●     Rest of the World

Competitive Landscape:

●      Tier 1 players- established companies in the market with a major market share

●      Tier 2 players

●      Emerging players which are growing rapidly

●      New Entrants 

FutureWise Takeaways

●      Growth prospects

●      SWOT analysis

●      Key trends

●      Key data points affecting market growth

Objectives of the Study:

●     To provide an exhaustive analysis on the global aircraft evacuation market by equipment type, by aircraft type, by fit and by region

●      To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

●      To evaluate and forecast micro-markets and the overall market

●      To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the rest of the world

●      To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

●      Profiling of companies to evaluate their market shares, strategies, financials and core competencies

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics