The Future of Satellite Bus Market in the forecast period (2018-2023) as predicted by Stratview Research

The report on Satellite Bus to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2018 – 2023.

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This report, from Stratview Research, studies the aircraft fire protection systems market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Get a description of the report here: https://www.stratviewresearch.com/361/Aircraft-Fire-Protection-Systems-Market.html

Product Type Segment
Based on the product type, the aircraft fire protection systems market is classified as fire detection systems, alarm & warning systems, and fire suppression systems. All the three systems play a crucial role in the detection of fire to alarm the passengers and crew about the fire, and to take proper actions to extinguish the fire. All the three systems are likely to grow healthy rate in the coming years. However, the fire suppression system is estimated to register a higher CAGR during the forecast period, driven by a host of factors including an increased production of new deliveries as well as stringent regulations regarding the usage of the halogen-free system in both new as well as existing aircraft fleets.

Application Type Segment
Based on the application type, the aircraft fire protection systems market is bifurcated into engines, cabins, cockpits, Auxiliary Power Units (APUs), and cargo compartments. The engine segment is projected to remain largest and fastest-growing in the coming five years, driven by the introduction of high-thrust engines coupled with an increased amount of fire protection systems. The cargo compartment segment is also likely to generate sizeable growth opportunities in the coming years as there is a higher need for excellent fire protection systems due to inaccessibility of aircraft crew in the cargo compartment during flight.

Aircraft Type Segment
Based on the aircraft type, the market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. The commercial aircraft is projected to remain the largest segment of the market during the forecast period. The segment is also likely to be the fastest-growing segment during the same period. Boeing, in its commercial aircraft outlook 2018-2037, recently stated that approximately commercial aircraft are likely to be delivered during 2018-2037 out of which approximately 64.7% of the aircraft would be delivered in Asia-Pacific and Europe. Additionally, the global commercial aircraft fleet is likely to grow at a healthy CAGR of 3.5% during the period of 2018 to 2037. These factors are likely to generate sustainable demand for fire protection systems in the segment in the foreseen future.

Region Wise Segment
Based on regions, North America is expected to remain the largest market for aircraft fire protection systems during the forecast period. The region is the world’s manufacturing capital of the aircraft industry with the presence of many large-to small-sized aircraft manufacturers, tier players, aircraft fire protection systems manufacturers, distributors, and raw material suppliers. The region is the early innovator and introduces the latest technologies addressing the existing as well as future requirements than these technologies gradually transmitted to other parts of the world like China and India.

Check the Table of Contents to browse through the report better: https://www.stratviewresearch.com/toc/361/Aircraft-Fire-Protection-Systems-Market.html

Highlights of the Report:
The market for fire protection systems for the aircraft industry is likely to be prosperous in the coming years with significant growth opportunities in the entire market value chain. It is estimated that the global aircraft fire protection systems market is likely to witness a healthy CAGR of 5.4% during the forecast period. Increasing deliveries of commercial aircraft to support rising passenger traffic, stringent regulations regarding the usage of halogen-free extinguishers, the advancement in the fire protection systems, the introduction of high thrust engines, and rising aircraft fleet size the major factors burgeoning the growth of fire protection systems in the aircraft industry in the coming five years.

The supply chain of this market comprises raw material suppliers, aircraft fire protection systems manufacturers, distributors, tier players, aircraft OEMs, airline companies, aircraft leasing companies, and MRO providers. The key aircraft fire protection systems manufacturers are Advanced Aircraft Extinguishers (AAE), Amerex Corporation, Diehl Stiftung & Co. Kg, Gielle Groups, Halma plc, H3R Aviation Inc., Meggitt plc, Siemens AG, and UTC Aerospace.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Know more about us and our reports:
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