Market Overview:
The global aircraft evacuation equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for commercial and private aircraft, military aircraft, and helicopters across the globe. Additionally, the increasing number of accidents and emergencies is also propelling the demand for aircraft evacuation equipment. The global Aircraft Evacuation Equipment Market by Type is segmented into life vest, evacuation slide, ejection seat, evacuation rafts and emergency flotation devices. The life vest segment dominates the market with a share of more than 50%. This can be attributed to its low cost as well as its ability to save lives in emergency situations.
Product Definition:
Aircraft evacuation equipment is used to help passengers evacuate an aircraft in an emergency. This equipment can include slides, chutes, and inflatable rafts. The importance of aircraft evacuation equipment is that it helps passengers escape the aircraft in the event of a emergency.
Life Vest:
Life vest is an essential equipment used by the passengers in aircraft evacuation. It helps to keep passenger safe during water rescue operations and provides a floatation device for each passenger. The life vests are manufactured using different materials such as nylon, polyester, polyurethane and foam among others depending upon the application requirements.
The growth factor for this market is increasing owing to growing demand from various end-user industries including aviation & aerospace, maritime transport.
Evacuation Slide:
An evacuation slide is a portable device used to rapidly lower the cabin pressure in an aircraft. It is designed to assist in the safe exit of passengers and crew from a high-pressure environment. Evacuation slides are most commonly found on military transport planes, however some commercial variants also have them as an option for emergency use.
The global evacuation slide and it's usage in aircraft market size was valued at USD 1,17,867 thousand in 2015.
Application Insights:
The commercial aircraft segment held the largest share of over 70.0% in 2017. Aircraft evacuation equipment is mandatory for all commercial aircraft, as it provides a last line of defense against passenger safety in case of emergency situations on board the aircraft. The equipment includes life vests, ropes and slides for emergency evacuations from windows or doors of the aircraft.
Commercial aviation authorities impose various regulations and standards to ensure passenger safety during emergencies or instances where normal procedures cannot be followed due to unavailability of crew members or if there are too many passengers for manual handling operations. These regulations are implemented by various regulatory bodies such as International Civil Aviation Organization (ICAO) and European Aviation Safety Agency (EASA).
Regional Analysis:
North America dominated the global aircraft evacuation equipment market in 2016 and is expected to continue its dominance over the forecast period. The presence of major aircraft manufacturers, such as Boeing and Airbus, has resulted in high demand for these products across North America. Furthermore, increasing air travel across this region is also anticipated to boost product sales over the next eight years.
Asia Pacific aviation industry is projected to witness significant growth during the forecast period owing to rising disposable income among middle-class population groups in countries such as China and India. These factors are likely to contribute toward increased demand for commercial flights within Asia Pacific region which may result in increased sales of aircraft escape devices during the estimated time span.
Growth Factors:
- Increasing demand for air travel: The number of passengers travelling by air is increasing every year. This is driving the demand for aircraft evacuation equipment, as it helps in evacuating passengers quickly and safely in case of an emergency.
- Stringent safety regulations: Aircraft manufacturers are required to meet stringent safety regulations laid down by regulatory authorities such as the Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA). This is driving the demand for aircraft evacuation equipment, as it helps ensure passenger safety during emergencies.
- Technological advancements: Aircraft evacuation equipment manufacturers are constantly innovating their products to make them more efficient and reliable. This is helping to drive the growth of the market worldwide.
- Growing awareness about safety features: Passengers are becoming increasingly aware of the importance of aircraft evacuation equipment and its role in ensuring their safety during emergencies. This is helping to drive market growth globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Evacuation Equipment Market Research Report
By Type
Life Vest, Evacuation Slide, Ejection Seat, Evacuation Raft, Emergency Flotation
By Application
Commercial Aircraft, Private Aircraft, Military Aircraft, Helicopters
By Companies
Dart Aerospace, Switlik Parachute Company, Inc., UTC Aerospace Systems, EAM Worldwide, GKN Aerospace Services Limited, NPP Zvezda PAO, Zodiac Aerospace, Mustang Survival, Survival Equipment Services Ltd., Martin-Baker, Dart Aerospace, Cobham PLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Evacuation Equipment Market Report Segments:
The global Aircraft Evacuation Equipment market is segmented on the basis of:
Types
Life Vest, Evacuation Slide, Ejection Seat, Evacuation Raft, Emergency Flotation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Aircraft, Private Aircraft, Military Aircraft, Helicopters
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dart Aerospace
- Switlik Parachute Company, Inc.
- UTC Aerospace Systems
- EAM Worldwide
- GKN Aerospace Services Limited
- NPP Zvezda PAO
- Zodiac Aerospace
- Mustang Survival
- Survival Equipment Services Ltd.
- Martin-Baker
- Dart Aerospace
- Cobham PLC
Highlights of The Aircraft Evacuation Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Life Vest
- Evacuation Slide
- Ejection Seat
- Evacuation Raft
- Emergency Flotation
- By Application:
- Commercial Aircraft
- Private Aircraft
- Military Aircraft
- Helicopters
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Evacuation Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft evacuation equipment is a system that helps evacuate passengers and crew from an aircraft in an emergency. This includes items such as slides, chutes, and lifeboats.
Some of the major companies in the aircraft evacuation equipment market are Dart Aerospace, Switlik Parachute Company, Inc., UTC Aerospace Systems, EAM Worldwide, GKN Aerospace Services Limited, NPP Zvezda PAO, Zodiac Aerospace, Mustang Survival, Survival Equipment Services Ltd., Martin-Baker, Dart Aerospace, Cobham PLC.
The aircraft evacuation equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Evacuation Equipment Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aircraft Evacuation Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aircraft Evacuation Equipment Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aircraft Evacuation Equipment Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aircraft Evacuation Equipment Market Size & Forecast, 2018-2028 4.5.1 Aircraft Evacuation Equipment Market Size and Y-o-Y Growth 4.5.2 Aircraft Evacuation Equipment Market Absolute $ Opportunity
Chapter 5 Global Aircraft Evacuation Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Evacuation Equipment Market Size Forecast by Type
5.2.1 Life Vest
5.2.2 Evacuation Slide
5.2.3 Ejection Seat
5.2.4 Evacuation Raft
5.2.5 Emergency Flotation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Evacuation Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Evacuation Equipment Market Size Forecast by Applications
6.2.1 Commercial Aircraft
6.2.2 Private Aircraft
6.2.3 Military Aircraft
6.2.4 Helicopters
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Evacuation Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Evacuation Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Evacuation Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Evacuation Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Evacuation Equipment Market Size Forecast by Type
9.6.1 Life Vest
9.6.2 Evacuation Slide
9.6.3 Ejection Seat
9.6.4 Evacuation Raft
9.6.5 Emergency Flotation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Evacuation Equipment Market Size Forecast by Applications
9.10.1 Commercial Aircraft
9.10.2 Private Aircraft
9.10.3 Military Aircraft
9.10.4 Helicopters
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Evacuation Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Evacuation Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Evacuation Equipment Market Size Forecast by Type
10.6.1 Life Vest
10.6.2 Evacuation Slide
10.6.3 Ejection Seat
10.6.4 Evacuation Raft
10.6.5 Emergency Flotation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Evacuation Equipment Market Size Forecast by Applications
10.10.1 Commercial Aircraft
10.10.2 Private Aircraft
10.10.3 Military Aircraft
10.10.4 Helicopters
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Evacuation Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Evacuation Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Evacuation Equipment Market Size Forecast by Type
11.6.1 Life Vest
11.6.2 Evacuation Slide
11.6.3 Ejection Seat
11.6.4 Evacuation Raft
11.6.5 Emergency Flotation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Evacuation Equipment Market Size Forecast by Applications
11.10.1 Commercial Aircraft
11.10.2 Private Aircraft
11.10.3 Military Aircraft
11.10.4 Helicopters
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Evacuation Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Evacuation Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Evacuation Equipment Market Size Forecast by Type
12.6.1 Life Vest
12.6.2 Evacuation Slide
12.6.3 Ejection Seat
12.6.4 Evacuation Raft
12.6.5 Emergency Flotation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Evacuation Equipment Market Size Forecast by Applications
12.10.1 Commercial Aircraft
12.10.2 Private Aircraft
12.10.3 Military Aircraft
12.10.4 Helicopters
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Evacuation Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Evacuation Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Evacuation Equipment Market Size Forecast by Type
13.6.1 Life Vest
13.6.2 Evacuation Slide
13.6.3 Ejection Seat
13.6.4 Evacuation Raft
13.6.5 Emergency Flotation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Evacuation Equipment Market Size Forecast by Applications
13.10.1 Commercial Aircraft
13.10.2 Private Aircraft
13.10.3 Military Aircraft
13.10.4 Helicopters
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Evacuation Equipment Market: Competitive Dashboard
14.2 Global Aircraft Evacuation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dart Aerospace
14.3.2 Switlik Parachute Company, Inc.
14.3.3 UTC Aerospace Systems
14.3.4 EAM Worldwide
14.3.5 GKN Aerospace Services Limited
14.3.6 NPP Zvezda PAO
14.3.7 Zodiac Aerospace
14.3.8 Mustang Survival
14.3.9 Survival Equipment Services Ltd.
14.3.10 Martin-Baker
14.3.11 Dart Aerospace
14.3.12 Cobham PLC