Global Aircraft Evacuation Systems (Life Rafts & Life Vests) Market 2019-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 4, 2019--The “Global Aircraft Evacuation Systems Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The aircraft evacuation systems market will register a CAGR of over 4% by 2023.
The Big Data analytics and its effect on aircraft safety is likely to push growth in the market. Big Data has already proven to be a sound investment for airlines. Together with a suitable analytical approach, the data can be used to eliminate redundancies in the system and enhance safety.
The increasing need for cheap flights and the growing air traffic will result in a rise in demand for low-cost carriers. Moreover, the growing international tourism and domestic travel will also drive the demand for low-cost carriers in the coming years. Major low-cost carriers such as Indigo and SpiceJet have already announced plans to expand their aircraft fleet.
Need for frequent maintenance
Aircraft evaluation systems are subjected to periodic inspections to avert fatal accidents that can occur from some faults such as leaks and fabric degradation. Thus, maintaining such systems add up to the cost, thereby affecting a buyers decision. Such factors may lower the demand for aircraft evacuation systems during the forecast period.
The market appears to be fragmented and with the presence of several companies including EAM Worldwide and Survitec Group, the competitive environment is quite intense. Factors such as the augmented safety protocols in aviation and the Big Data analytics and its effect on aircraft safety, will provide considerable growth opportunities to aircraft evacuation systems manufactures.
EAM Worldwide, Survitec Group, Switlik, UTC Aerospace Systems, and ZODIAC AEROSPACE are some of the major companies covered in this report.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCTComparison by product Evacuation slides Life rafts Life vests Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic segmentation Geographic comparison Key leading countries Market opportunity
PART 09: DRIVERS AND CHALLENGESMarket drivers Market challenges
PART 10: MARKET TRENDSUse of polyurethane-coated fabric for aircraft evacuation system components Introduction of RFID-based life vests in aviation Big Data analytics and its effect on aircraft safety
PART 11: VENDOR LANDSCAPELandscape disruption Competitive scenario
PART 12: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors EAM Worldwide Survitec Group Switlik UTC Aerospace Systems Zodiac Aerospace
For more information about this report visit https://www.researchandmarkets.com/research/lr9b6c/global_aircraft?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005270/en/
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Related Topics:Avionics,Aircraft,Fire Protection Materials and Devices
INDUSTRY KEYWORD: TRANSPORT AIR
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/04/2019 08:24 AM/DISC: 01/04/2019 08:23 AM