Global Aircraft Evacuation Systems Market 2022-2026

Global Aircraft Evacuation Systems Market 2022-2026

Technavio has been monitoring the aircraft evacuation systems market and it is poised to grow by $821.11 mn during 2022-2026, accelerating at a CAGR of 5.36% during the forecast period. Our report on the aircraft evacuation systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the adoption of new aircraft into service.

The aircraft evacuation systems market analysis includes product segment and geographic landscape.

Technavio's aircraft evacuation systems market is segmented as below:

By Product

• Evacuation slides
• Life rafts
• Life vests

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the use of polyurethane-coated fabric for aircraft evacuation system components as one of the prime reasons driving the aircraft evacuation systems market growth during the next few years. Also, the introduction of RFID-based life vests in aviation and big data analytics and its effect on aircraft safety will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the aircraft evacuation systems market covers the following areas:

• Aircraft evacuation systems market sizing
• Aircraft evacuation systems market forecast
• Aircraft evacuation systems market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aircraft evacuation systems market vendors that include Alliance Marine, Astronics Corp., C&M Marine Aviation Services Inc., Deutsche Lufthansa AG, EAM Worldwide, Eaton Corp. Plc, JAMCO Corp., Martin-Baker Aircraft Co. Ltd, Raytheon Technologies Corp., Safety Marine Australia Pty Ltd., Safran SA, Survitec Group Ltd., Switlik Parachute Co., The MEL Group, TransDigm Group Inc., Trelleborg AB, Tulmar Safety Systems, and Wing Group. Also, the aircraft evacuation systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all future growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.