Press release
Aircraft Evacuation Market Size, Share, Major Players, Business Strategies, Opportunities And Forecast To 2032
Aircraft Evacuation Market Analysis
The Business Research Company's Aircraft Evacuation Global Market Report 2023 identifies increasing air passenger traffic as the major driver for the aircraft evacuation market's growth in the forecast period. Air passenger traffic is referred to a person or business involved primarily in the transportation of people by aircraft in interstate commerce. Air passengers' traffic assist in the aircraft evacuation market because evacuation devices and processes save passengers' lives while flying.
The global aircraft evacuation market size is expected to grow from $1.48 billion in 2022 to $1.59 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aircraft evacuation market size is expected to reach $2.02 billion in 2027 at a CAGR of 6.2%.
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Major competitors in the aircraft evacuation market are EAM Worldwide, Martin-Baker Aircraft Co Ltd., Trelleborg AB, GKN Aerospace Services Limited., Cobham Limited, Dart Aerospace.
A key trend in the aircraft evacuation market includes strategic partnerships. Major companies operating in aircraft evacuation are undergoing partnerships to strengthen their market. For instance, in August 2020, Hatzolah Air, a US-based air ambulance service company, partnered with Urban Aeronautics, an Israeli-based aeronautics company. This partnership will result in the development of a tiny medical aircraft capable of navigating and landing in congested urban areas and it will assist in the development, production, and marketing of Urban Aeronautics' CityHawk airplane for EMS applications. Similarly, In June 2022, Air Partner, a UK-based company and international aviation services group, partnered with Kenyon International Emergency Services, a US-based disaster management company with a full spectrum of emergency response services. Through this partnership, they will create and deliver thorough, individualized air evacuation plans that are suited to caring for people when a disaster occurs.
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The aircraft evacuation market is segmented -
1) By Equipment Type: Life Vest, Evacuation Slide And Raft, Ejection Seat, Emergency Floatation
2) By Fit: Line Fit, Retrofit
3) By Aircraft Type: Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Business Jet, Regional Transport Aircraft, Fighter Jet, Helicopter
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the aircraft evacuation market.
The Business Research Company's "Global Aircraft Evacuation Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aircraft Evacuation Market Include:
1. Executive Summary
2. Aircraft Evacuation Market Characteristics
3. Aircraft Evacuation Market Trends And Strategies
4. Aircraft Evacuation Market - Macro Economic Scenario
5. Aircraft Evacuation Market Size And Growth
…….
26. Africa Aircraft Evacuation Market
27. Aircraft Evacuation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Evacuation Market
29. Aircraft Evacuation Market Future Outlook and Potential Analysis
30. Appendix
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