Press release
Aircraft Fire Protection Systems Market 2022 Major Factors That Can Increase the Worldwide Demand
This latest report provides an in-depth analysis of the Global Aircraft Fire Protection Systems Market size, share, recent developments, and trends. According to the report, the industry is expected to develop at a substantial rate between 2022 and 2028. The study compiles data from industry experts and numerous prominent players in the market to give a concise summary and in-depth analysis of the market. Aside from that, the research includes a complete analysis of geographical areas as well as a description of the competitive landscape to help investors, key players, and new entrants gain a significant portion of the global Aircraft Fire Protection Systems Market.The Aircraft Fire Protection Systems market is envisaged to record an expansion at the CAGR of 12.33% over the forecast period, 2022 - 2028
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Market Overview
The aircraft fire protection systems market is anticipated to register a CAGR of more than during the forecast period. The growth in the demand for newer generation aircraft in the commercial, military, and general aviation sectors is anticipated to generate a higher demand for advanced and better fire safety systems onboard. The development of new fire safety systems, like new sensor systems for the detection of fire, integration of machine learning tools to decrease the rate of false alarm rates (intelligent aircraft fire detection system), and alternative fire suppression agents and systems for halon, among others, are anticipated to drive the growth of the market during the forecast period.
The major players covered in the Aircraft Fire Protection Systems Market:
Advanced Aircraft Extinguishers (AAE), H3R Aviation, Meggitt, Siemens, Halma, Aerocon Engineering, Gielle Groups, United Technologies, Diehl Stiftung & Co. Kg
Recent Developments
Meggitt's largest acquisition to date was in 2011, when it acquired Pacific Scientific Aerospace for $685M. Its largest disclosed sale occurred in 2016 when it sold Meggitt Target Systems to QinetiQ Group for $89M. Meggitt has acquired in 5 different US states, and 3 countries. The Company's most targeted sectors include aerospace (55%) and distribution (10%).
Aircraft Fire Protection Systems Breakdown Data by Type
Fire Detection Systems
Alarm & Warning Systems
Fire Suppression Systems
Aircraft Fire Protection Systems Breakdown Data by Application
Aircraft Cargo Compartments
Engines
Auxiliary Power Units (APU)
Cabins & Lavatories
Cockpits
Regional Aircraft Fire Protection Systems Market (Regional Output, Demand & Forecast by Countries)
-North America (United States, Canada, Mexico)
-South America (Brazil, Argentina, Ecuador, Chile)
-Asia Pacific (China, Japan, India, Korea)
-Europe (Germany, UK, France, Italy)
-Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key questions addressed in Aircraft Fire Protection Systems Market Report
-What is the market size, share of the Aircraft Fire Protection Systems market?
-Who are the top market players operating in the Aircraft Fire Protection Systems market?
-What are sales, revenue, and price analysis by regions of industries?
-What are the modes and strategic moves considered suitable for entering the global market?
-What were the pre-and post-business impacts of Covid-19 on the Aircraft Fire Protection Systems Market?
The Asia-Pacific Dominates The Market
The Asia-Pacific region is expected to generate the highest demand for the aircraft fire protection systems market, during the forecast period. IATA projected that China will replace the United States as the world's largest aviation market (in terms of passenger traffic) in the mid-2020s, India will take 3rd position surpassing the United Kingdom around 2024, and Indonesia to become 4th largest aviation market by 2030. The passenger traffic grew by 10.92%, 17.38%, and 6.24% in 2018, compared to the previous year in China, India, and Indonesia respectively. With growing passenger traffic, the region's airlines are making plans to expand their destinations and fleet of aircraft.
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Table of Contents:
Global Aircraft Fire Protection Systems Market Research Report 2022
Chapter 1: Market Overview, Drivers, Restraints and Opportunities
Chapter 2: Market Competition by Manufacturers
Chapter 3: Production by Regions
Chapter 4: Consumption by Regions
Chapter 5: Production, By Types, Revenue and Market share by Types
Chapter 6: Consumption, By Applications, Market share (%) and Growth Rate by Applications
Chapter 7: Complete profiling and analysis of Manufacturers
Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Market Forecast
Chapter 13: Aircraft Fire Protection Systems Research Findings and Conclusion, Appendix, methodology and data source
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