Study papers on Aircraft Fire Protection Systems market and regional forecast. Aircraft Fire Protection Systems market players are United Technologies (US), Meggitt (UK), Diehl Aerospace (Germany), Siemens (Germany), Halma (UK), Advanced Aircraft Extinguishers (US), Gielle Industries (Italy), H3R Aviation (US), Amerex Corporation (US), and Aerocon Engineering (US),among others.
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Aircraft fire protection systems market is projected to grow from an estimated USD 911.6 million in 2017 to USD 1,157.7 million by 2022, at a CAGR of 4.90% between 2017 and 2022.Over the years, passenger traffic has been increasing in emerging countries, such as India, China, and the UAE. In addition, airlines are looking for lightweight and fuel-efficient aircraft with enhanced engine efficiency to reduce operational costs and increase profit margins, which are leading to aircraft modernization programs whereby old aircraft are being replaced with new and more efficient aircraft.
Whereas, the existing backlogs in aircraft deliveries can restrain the growth of the aircraft fire protection systems market. Delays in aircraft deliveries can also result in the cancellation of aircraft orders.
- Aircraft Manufacturers
- Subcomponent Manufacturers
- Technology Support Providers
- Research Bodies
- Aircraft Manufacturers
- Aircraft Maintenance, Repair & Overhaul (MRO) Companies
- Airline Operators
North America is estimated to lead the aircraft fire protection systems market in 2017. Countries in this region include the US and Canada.
The presence of some of the major aircraft manufacturers, such as Boeing (US), Bombardier (Canada), Lockheed Martin (US), Bell Helicopter (US), and Sikorsky Aircraft (US), among others and a large number of aircraft deliveries in this region have contributed to the growth of the aircraft fire protection systems market in North America.
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Based on product, the fire detection systems segment is estimated to lead the aircraft fire protection systems market in 2017.Fire detection systems are used in different parts of an aircraft that include engines, cabins & lavatories, cockpits, Auxiliary Power Units (APUs), and aircraft cargo compartments. The demand for fire detection systems is expected to grow during the forecast period due to increase in the number of commercial passenger and cargo aircraft across the globe.
2 Ranking of Players, 2017
3 Competitive Scenario
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The study segments the aircraft fire protection systems market based on application (engines, cabins & lavatories, cockpits, Auxiliary Power Units (APUs), and aircraft cargo compartments), product (fire detection systems, alarm & warning systems, and fire suppression systems), fit (line fit and replacement), aircraft type (civil aircraft, military aircraft), and maps these segments and subsegments across major regions, namely, North America, Europe, Asia Pacific, and RoW (Rest of the World).The report provides in-depth market intelligence regarding the market dynamics and major factors influencing the growth of the aircraft fire protection systems market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micro markets with respect to individual growth trends, prospects, and their contribution to the aircraft fire protection systems market.
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