Global Aircraft Evacuation
Market Report
2024
aircraft evacuation market size is USD 1.73 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global aircraft evacuation market size is USD 1.73 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Aircraft Evacuation Market Sales Revenue 2024 | $ 1.73 Billion |
Global Aircraft Evacuation Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.96% |
Market Split by Equipment |
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Market Split by Fit |
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Market Split by Aircraft |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Aircraft Evacuation Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Aviation evacuation systems include any measures that can be used to remove people from an aircraft in the event of an emergency. The device enables the plane to safely and quickly descend to water or land in case of an emergency. It is common practice to employ survival rafts, evacuation seats, Personal protection devices, slides, and comparable equipment during evacuations. Aviation evacuation items are in high demand, and one of the main reasons is the increasing popularity of air travel. Air travel has become the standard for traveling great distances and internationally. Factors such as greater disposable income, heightened interest in tourism, and increased investment abroad are driving this change. The airplane evacuation market is also growing due to factors such as increased safety standards, concerns for passenger safety, a rise in investments, and the number of commercial aircraft in operation.
Technological Advancement- The market is being propelled by the increasing number of sophisticated aircraft equipped with highly advanced aircraft evacuation systems, as well as the rising demand for both commercial and military aircraft. A number of factors impact the industry, including the rising need for emergency landing gear for airplanes and the efforts of producers of both aircraft and evacuation systems to create safer, lighter systems. Innovative evacuation methods are becoming more accessible as a result of ongoing technological improvements. Improved safety and comfort for passengers can be achieved through the development of more advanced and intuitive evacuation systems made possible by advances in materials, sensors, and automation. The rising demand for new planes around the world is also propelling aircraft evacuation market growth.
Market development is anticipated to be hindered by worries about the lengthy manufacturing process of evacuation presentations and current aircraft supply waiting lists. Stringent restrictions are likely to pose difficulties for the airplane evacuation market.
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In March 2024, GKN Aerospace and Safran, the engine manufacturer, extended their long-term cooperation by signing a ten-year deal to provide additional assistance for the LEAP motors.
Top Companies Market Share in Aircraft Evacuation Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the aircraft evacuation market because narrow-body planes are in great demand there. The area also serves as a center for scientific advancements and R&D. This setting encourages the development of innovative evacuation methods and technologies, positioning North American enterprises as front-runners in offering innovative solutions.
Asia-Pacific stands out as the fastest-growing region in the aircraft evacuation market due to the increasing need for portable evacuation devices in the area. In addition, other regional businesses are working with different airplane component manufacturers.
The current report Scope analyzes Aircraft Evacuation Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Aircraft Evacuation Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aircraft Evacuation Industry growth. Aircraft Evacuation market has been segmented with the help of its Equipment, Fit Aircraft, and others. Aircraft Evacuation market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Aircraft Evacuation market.
Equipment of Aircraft Evacuation analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aircraft Evacuation Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Aircraft Evacuation from 2019 to 2031. This will also help to analyze the demand for Aircraft Evacuation across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Fit of Aircraft Evacuation are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, Narrow Body Aircraft is the dominant category. Narrow-body (single-aisle) planes produce more than wide-body (multi-aisle) planes. Increased demand for evacuation systems is a direct result of the increased production rate of narrow-body aircraft, which in turn increases the number of units deployed worldwide. Short- to medium-haul routes are often serviced by narrow-body aircraft. For domestic and regional flights, these planes comprise the backbone of many airlines' fleets. As an essential safety feature for every commercial aircraft, evacuation systems are becoming increasingly important due to the huge volume of aircraft on these routes.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aircraft Evacuation Market is witnessing significant growth in the near future.
In 2023, the Life Vest segment accounted for noticeable share of global Aircraft Evacuation Market and is projected to experience significant growth in the near future.
The Line fit segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Zodiac Aerospace , NPP Zvezda PAO and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Equipment | Life Vest, Evacuation Slide & Raft, Ejection Seat, Emergency Floatation |
Fit | Line fit, Retrofit |
Aircraft | Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft, Regional Transport Aircraft, Business Jet, Helicopter, Fighter Jet |
List of Competitors | Zodiac Aerospace, GKN Aerospace, NPP Zvezda PAO, Martin-Baker, UTC Aerospace Systems, Trelleborg, Cobham, EAM Worldwide, Survival Equipment, Dart Aerospace |
This chapter will help you gain GLOBAL Market Analysis of Aircraft Evacuation. Further deep in this chapter, you will be able to review Global Aircraft Evacuation Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Equipment Analysis 2019 -2031, will provide market size split by Equipment. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Equipment Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Fit Analysis 2019 -2031
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Chapter 12 Market Split by Aircraft Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aircraft Evacuation market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Life Vest have a significant impact on Aircraft Evacuation market? |
What are the key factors affecting the Life Vest and Evacuation Slide & Raft of Aircraft Evacuation Market? |
What is the CAGR/Growth Rate of Line fit during the forecast period? |
By type, which segment accounted for largest share of the global Aircraft Evacuation Market? |
Which region is expected to dominate the global Aircraft Evacuation Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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