Emergency Aircraft Evacuation Market Report: 2019 Share by Key Players, Industry Size, Global Growth Trends, Regional Statistics, and Forecast 2025
Emergency aircraft evacuation market demand is driven by increasing demand for regional connectivity and establishment of new airports in emerging economies.
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Fixed wing holds a major revenue share in the emergency aircraft evacuation market place owing to proliferating fixed wing fleet size due to its diversified applications in commercial, regional, and military aircraft. For instance, according to the Boeing, the total fixed wing fleet size accounted for 24,400 units in 2017 and is expected to increase by over 48,500 in 2037. Reduced overall manufacturing cost, lower weight, and fully interlocked system are some of the major technological advancements, that are positively influencing the market expansion till 2025.
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Escape slides accounted for a significant share owing to the advancements including incorporation of next-generation white led lights for providing maximum visibility during night usage. Moreover, incorporation of advanced fabric including advanced radiant heat resistant technologies for improving the system operation is expanding the emergency aircraft evacuation market share.
OEM holds substantial emergency aircraft evacuation market revenue share with increasing demand for air carriers across the globe. Replacement of existing airplane fleet owing to ageing airplane to meet government regulations for airworthiness are positively influencing the segment growth. Moreover, development of low-cost carriers coupled with increasing demand for narrow-body aircrafts such as A320, B737, A319, and B757 will enhance the segment dominance till 2025.
Asia Pacific will witness a significant growth rate in the emergency aircraft evacuation market place over the forecast timeframe. This is attributed to the increasing air travel coupled with investments in aviation industry across the region. International Air Transport Association (IATA) estimates that the region will have around 3.5 billion passengers by 2036.
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Europe emergency aircraft evacuation market holds substantial share with the expansion of airlines. In August 2018, Wizz Air announced expansion of its flight network with 11 new routes. Airliners are developing escape slides to provide enhance seating. In September 2018, Lufthansa Technik along with EAM Worldwide developed a high-performance exit slide. The slide allows airlines to reduce space required for storing slides and can add seating capacity by six seats.
Prominent participants in the emergency aircraft evacuation market share include Martin-Baker Aircraft Co. Ltd, EAM Worldwide, Zodiac Aerospace, Survitec Group Limited, Dart Aerospace, Survival Equipment Services, NPP Zvezda, Switlik, and Trelleborg. Mergers & acquisitions and joint ventures are among the major strategies adopted by industry players to expand their market share.
Browse key industry insights spread across 350 pages with 482 market data tables & 14 figures & charts from the report, “Emergency Aircraft Evacuation Market Size By Product (Life Vest, Escape Slide, Evacuation Raft, Ejection Seat, Inflatable Floatation), By Platform (Fixed Wing [Narrow Body, Wide Body, Regional Aircraft, Fighter Jet], Rotary Wing [Civil Helicopter, Military Helicopter]), By Distribution Channel (OEM, Aftermarket) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, Netherlands, Sweden, China, India, Japan, South Korea, Singapore, Australia, Brazil, Mexico, Argentina, Saudi Arabia, Qatar, UAE, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/aircraft-evacuation-market
Table of Contents (ToC) of the report:
Chapter 4. Emergency Aircraft Evacuation Market, By Product
4.1. Global market share by product, 2018 & 2025
4.2. Life vest
4.2.1. Market estimates and forecast, 2013-2025
4.2.2. Market estimates and forecast, by region, 2013-2025
4.3. Escape slide
4.3.1. Market estimates and forecast, 2013-2025
4.3.2. Market estimates and forecast, by region, 2013-2025
4.4. Evacuation raft
4.4.1. Market estimates and forecast, 2013-2025
4.4.2. Market estimates and forecast, by region, 2013-2025
4.5. Ejection seat
4.5.1. Market estimates and forecast, 2013-2025
4.5.2. Market estimates and forecast, by region, 2013-2025
4.6. Inflatable floatation
4.6.1. Market estimates and forecast, 2013-2025
4.6.2. Market estimates and forecast, by region, 2013-2025
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/aircraft-evacuation-market
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