Aircraft Fire Protection Systems Market Analysis & Forecast | 2022-2028

Market Insights

The market for fire protection systems for the aircraft industry is likely to be prosperous in the coming years with significant growth opportunities in the entire market value chain. The global aircraft fire protection systems market is estimated to grow from USD 895.36 million in 2021 to reach UDS 1279.07 million by 2028 at a healthy CAGR of 5.09% during the forecast period.

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What is aircraft fire protection system?

Aircraft fire protection systems are situated near the engine and fuselage to spot any incidence of fire and ensure remedial action to safeguard the security of passengers and crew members, cargo, and the aircraft. In any event of a fire, the aircraft fire protection system alerts the onboard crew in the aircraft and ensures curative actions, such as fire extinguishing. Water, carbon dioxide, and dry powder are the widely used fire extinguishing applicants in the market, which form an integral part in any aircraft design. These applicants substitute air with an inert gas to prevent combustion causing the inferno.

Market Dynamics

Increasing deliveries of commercial aircraft to support rising passenger traffic, stringent regulations regarding the usage of halogen-free extinguishers, the advancement in the fire protection systems, the introduction of high thrust engines, and rising aircraft fleet size the major factors burgeoning the growth of fire protection systems in the aircraft industry in the coming five years.

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Increasing commercial and regional aircraft deliveries to support rising air passenger traffic; increasing share of wide-body aircraft in commercial aircraft deliveries, increasing aircraft fleet size, and an advancement in the fire prevention technologies are the key factors that are proliferating the demand for fire protection systems in the aircraft industry.

Key Players

The supply chain of this market comprises raw material suppliers, aircraft fire protection systems manufacturers, distributors, tier players, aircraft OEMs, airline companies, aircraft leasing companies, and MRO providers.

The key aircraft fire protection systems manufacturers are-

• Advanced Aircraft Extinguishers (AAE)
• Amerex Corporation
• Diehl Stiftung & Co. Kg
• Gielle Groups
• Halma plc
• H3R Aviation Inc.
• Meggitt plc
• Siemens AG
• UTC Aerospace.

Segments Analysis

By Product Type

The market is classified as fire detection systems, alarm & warning systems, and fire suppression systems. All the three systems play a crucial role in the detection of fire to alarm the passengers and crew about the fire, and to take proper actions to extinguish the fire. All the three systems are likely to grow healthy rate in the coming years. However, the fire suppression system is estimated to register a higher CAGR during the forecast period, driven by a host of factors including an increased production of new deliveries as well as stringent regulations regarding the usage of the halogen-free system in both new as well as existing aircraft fleets.

By Application Type

The market is bifurcated into engines, cabins, cockpits, Auxiliary Power Units (APUs), and cargo compartments. The engine segment is projected to remain largest and fastest-growing in the coming five years, driven by the introduction of high-thrust engines coupled with an increased amount of fire protection systems. The cargo compartment segment is also likely to generate sizeable growth opportunities in the coming years as there is a higher need for excellent fire protection systems due to inaccessibility of aircraft crew in the cargo compartment during flight.

By Aircraft Type

The market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. The commercial aircraft is projected to remain the largest segment of the market during the assessment period. The segment is also likely to be the fastest-growing segment during the same period. Boeing, in its commercial aircraft outlook 2018-2037, recently stated that approximately commercial aircraft are likely to be delivered during 2018-2037 out of which approximately 64.7% of the aircraft would be delivered in Asia-Pacific and Europe. Additionally, the global commercial aircraft fleet is likely to grow at a healthy CAGR of 3.5% during the period of 2018 to 2037. These factors are likely to generate sustainable demand for fire protection systems in the segment in the foreseen future.

Regional Insights

North America is expected to remain the largest market for aircraft fire protection systems during the assessment period. The region is the world’s manufacturing capital of the aircraft industry with the presence of many large-to small-sized aircraft manufacturers, tier players, aircraft fire protection systems manufacturers, distributors, and raw material suppliers. The region is the early innovator and introduces the latest technologies addressing the existing as well as future requirements than these technologies gradually transmitted to other parts of the world like China and India.

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Asia-Pacific is likely to depict the highest growth during the assessment period with China, Japan, and India being the key sources of growth. Substantial growth in air passenger and freight traffic in China and India are compelling aircraft manufacturers and tier players to open their manufacturing plants in the countries. Also, both countries are incessantly increasing their defense budget with the purpose to acquire the latest military aircraft to solidify their defense capabilities. This, in turn, will create a healthy demand for aircraft fire protection systems in these countries in the coming years.

Segmentation

The aircraft fire protection systems market is segmented in the following ways:

By product type:

• Fire Detection Systems
• Alarm & Warning Systems
• Fire Suppression Systems

By application type:

• Engines
• Cabins
• Cockpits
• Auxiliary Power Units (APUs)
• Cargo Compartments

By fit type:

• Line fit
• Retrofit

By aircraft type:

• Commercial Aircraft
• General Aviation Aircraft
• Regional Aircraft
• Helicopter
• Military Aircraft

By region:

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

Report Features

The report provides detailed insights into the dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The following are the key features of the report:

• Overview, industry life cycle and supply chain analysis.
• Report Environment analysis: Growth drivers and constraints, Porter’s five forces and SWOT analysis.
• Trend and forecast analysis.
• Segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Segmentation

• Current segmentation of any one of the aircraft type by product type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.