Aircraft Ejection Seat Market Size: Research Report, Development Analysis, Competitive Landscape And Forecast By 2033

The new report published by The Business Research Company, titled ""Aircraft Ejection Seat Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the aircraft ejection seat market size has grown strongly in recent years. It will grow from $2.32 billion in 2023 to $2.5 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The aircraft ejection seat market size is expected to see strong growth in the next few years. It will grow to $3.26 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.

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Surging Demand For Combat Aircraft Propels Growth In Aircraft Ejection Seat Market
The rising demand for combat aircraft is expected to propel the growth of the aircraft ejection seat market going forward. Combat aircraft, also known as military aircraft, are aircraft that are designed for use in military operations. These aircraft are used for various purposes, including air-to-air combat, ground attack, reconnaissance, and military personnel and equipment transport. Safety concerns have become a top priority with the increased use of combat aircraft. Aircraft ejection seats are designed to provide a safe and efficient means of escape in emergencies, such as during a mid-air collision or when the aircraft is about to crash. As a result, there is a growing demand for more advanced and sophisticated ejection seats to enhance the safety of pilots. For instance, in January 2022, according to the sales report of Lockheed Martin, a US-based aerospace, arms, and defense corporation, the company delivered 142 Lockheed Martin F-35 Lightning II fighter jets in 2021, a 17% rise from 120 in 2020. Therefore, the rising demand for combat aircraft is driving the growth of the aircraft ejection seat market. Therefore, the rising demand for combat aircraft is driving the growth of the aircraft ejection seat market.

Korea Aerospace Industries Unveils KF-21 Fighter Jet With Martin-Baker Mk.18 Ejection Seats
Major companies operating in the aircraft ejection seat market are focused on innovating new products to sustain their position in the market. For instance, in April 2021, Korea Aerospace Industries (KAI), a South Korea-based aviation technology company, unveiled its first indigenous fighter jet prototype, the KF-21 Boramae, equipped with Martin-Baker Mk.18 Ejection Seats. These aircraft ejection seats are state-of-the-art seats designed for modern fighter aircraft, with advanced safety systems, lightweight construction, and a rocket motor for high-speed ejections. It also has a parachute system and a sophisticated head-support system to reduce the danger of harm during ejection. The Mk.18 seat provides the best level of safety for pilots in the KF-21 and related fighter aircraft during emergency ejection scenarios.

The aircraft ejection seat market covered in this report is segmented -

1) By Seat Type: Single Seat, Twin Seat
2) By Aircraft Type: Combat Aircraft, Trainer Aircraft
3) By Fit: Line-Fit, Retro-Fit
4) By Component: Seat Actuator, Belts, Parachute, Other Components
5) By Application: Military, Civil And Commercial

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Major companies operating in the aircraft ejection seat market report are Aircraft Mechanics Inc., Lockheed Aircraft Corp., Honeywell International Inc., Rostec State Corporation, Eaton Corporation plc, Stanley Aviation Corporation, Parker-Hannifin Corporation, Collins Aerospace, Woodward Governor Company, HEICO Corporation, Meggitt PLC, Esterline Technologies Corporation, Survival Equipment Services Ltd., Moog Inc., Martin-Baker Aircraft Co. Ltd., RLC Group Holdings Ltd., Airborne Systems Inc, Clarks Precision Machine & Tool Inc., Airborne Systems Inc, Goodrich Corporation, Actuating Controls Inc., EDM Limited, Weber Aircraft LLC, Universal Propulsion Inc., East West Industries Inc., NPP Zvezda, RUAG International Holding AG, Stencel Aero Engineering Corp., Saft Groupe S.A.

Contents of the report:
1. Executive Summary
2. Aircraft Ejection Seat Market Report Structure
3. Aircraft Ejection Seat Market Trends And Strategies
4. Aircraft Ejection Seat Market - Macro Economic Scenario
5. Aircraft Ejection Seat Market Size And Growth
…..
27. Aircraft Ejection Seat Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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