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    Aircraft Evacuation Market Report

    Aircraft Evacuation Market Report
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    Aircraft Evacuation Market Size, Share, Trend, Forecast, & Industry Analysis.
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    Impact of COVID-19 on Aircraft Evacuation Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Aircraft Evacuation Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Aircraft evacuation market is likely to witness an impressive CAGR of 7.2% during the forecast period. Rise in situational awareness to execute operations and increase in demand for real-time analytics are the prime factors that are expected to bolster the growth of the global aircraft evacuation market during the forecast period.

    Aircraft Evacuation Market - Snapshot

    Growth

    7.2% for the next five years

    Major Equipment Type

    Evacuation Slide

    Dominant Aircraft Type

    Narrow-body aircraft

    Dominant Fit Type

    Linefit

    Region with the highest demand

    North America

    Key Players

    Cobham plc, Dart Aerospace Ltd., EAM Worldwide, GKN Aerospace Services Limited, Martin-Baker Aircraft Co. Ltd., NPP Zvezda PAO, Survival Equipment Services Ltd., Trelleborg AB, and Zodiac Aerospace.

    Segments' Analysis

    Aircraft-Evacuation-Market-Dominant-Segments

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    Aircraft Evacuation Market Share: By Equipment Type

    Based on the equipment type, the market is segmented as life vest, evacuation slide, ejection seat, evacuation raft, and emergency flotation. The evacuation slide segment is expected to register the highest growth in the coming five years. Further, the segment is projected to lead the market owing to the extensive adoption rate of evacuation slides, which is 100% in all commercial passenger aircraft coupled with an increased demand for new aircraft.

    Aircraft Evacuation Market Share: By Aircraft Type

    Based on the aircraft type, the market is segmented as narrow-body aircraft, wide-body aircraft, very large aircraft, business jet, regional transport aircraft, fighter jet, and helicopter. The narrow-body aircraft segment was expected to remain dominant in 2018, and is estimated to sustain its dominance during the forecast period. Boeing’s Current Market Outlook 2017, estimated, the current global fleet size of narrow-body aircraft which is 14,870, to reach the unprecedented milestone of 32,280 aircraft by 2035. Asia and North America account for the largest fleet of narrow-body aircraft with 4,540 and 4,010 aircraft, respectively. Rise in demand for narrow-body aircraft across the globe is stimulating the aircraft evacuation market.  

    Aircraft Evacuation Market Share: By Fit Type

    Based on the fit type, the market is segmented as linefit and retrofit. The linefit segment dominated the market and is expected to maintain its dominance during the forecast period. The growth of this segment is owing to the continuous increase in demand generated by new aircraft orders globally.

    Aircraft Evacuation Market Share: By Region

    In terms of regions, North America was estimated to remain dominant in the aircraft evacuation market in 2018. The aviation industry is one of the most lucrative industries in North America, with the presence of giant aircraft manufacturers, such as Boeing (U.S.), Bombardier (Canada), Bell Helicopter (U.S.), Lockheed Martin (U.S.), and Sikorsky Aircraft (U.S.) in the region. The market is driven by the demand for aircraft evacuation, generated by these manufacturers. Further, airlines are also playing a pivotal role in creating the demand for aircraft evacuation through the retrofit segment. North America is expected to sustain its dominance during the forecast period. Europe and Asia-Pacific are also expected to offer sizeable growth opportunities during the forecast period.

    Aircraft-Evacuation-Market-By-Region

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    Market Scope & Segmentation

    Aircraft Evacuation is evacuating or moving out of the aircraft in general or in a situation of emergency. Normally, in case of exiting from the aircraft, stairs are connected to the exit door of the aircraft. But in case of evacuation, there are other options used, basically the rafts that are inflated. Evacuation can take place on the ground, on water or even at times mid-air depending upon the severity of the situation.

    Different aircraft types such as large aircraft, fighter jet, helicopter, or business aircraft can have different evacuation options available within them. There is various evacuation equipment that is used such as life vests, slides, and rafts for evacuation, and others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Occupant Evacuation Market Research Report – Features

    Market Segmentation

    4 ways

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    9

     

    The aircraft evacuation market is segmented into the following categories. 

    Aircraft Evacuation Market Size, Share & Forecast, by Equipment Type:

    • Life Vest (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Evacuation Slide (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Ejection Seat (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Evacuation Raft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Emergency Flotation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Evacuation Market Size, Share & Forecast, by Aircraft Type:

    • Narrow-Body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wide-Body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Very Large Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Business Jet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Regional Transport Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fighter Jet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Evacuation Market Size, Share & Forecast, by Fit Type:

    • Linefit (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Retrofit (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Aircraft Evacuation Market Size, Share & Forecast, 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)