The incidence of aircraft accidents has compelled manufacturers and authorities to make several new considerations related to the emergency response & safety of aircrafts. Of these, aircraft evacuation slides are among the most important safety systems.Evacuation slides are inflatable slides installed in all aircrafts that carry civil as well as military personnel. Aircraft evacuation slides are designed to facilitate the immediate evacuation of passengers from aircrafts during emergencies. Generally, the sill height of the aircraft door is more than 6 feet above the ground, owing to which passengers are likely to suffer from injuries during emergency evacuation.To avoid this, the installation of aircraft evacuation slides in all aircrafts is compulsory to enable quick and safe evacuation of on-board passengers. Aircraft evacuation slides are mainly of two types: aircraft evacuation slide and slide & raft. Aircraft evacuation slides are used for inland evacuation and the slide & raft arrangement is used during water landing as it can also be used as a life raft. Aircraft evacuation slides are single- as well as dual-lane depending upon the width of the exit of the aircraft as well as passenger capacity. This is because the dual lane is capable of evacuating more passengers at a time.The evacuation slide is installed within the door structures inside the slide bustle. During emergencies, time is an extremely crucial factor. Keeping this in mind, manufacturers are undertaking R&D activities to increase the efficiency of aircraft evacuation slides.In modern aircrafts, evacuation slides are fitted in such a way that at the time of emergency, they will automatically open when the door opens, thus saving time as well as saving more lives.
Market Analysis and Insights: Global Evacuation Slide Systems Market
Due to the COVID-19 pandemic, the global Evacuation Slide Systems market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Single Lane accounting for % of the Evacuation Slide Systems global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Original Equipment Manufacturers (OEM) segment is altered to an % CAGR throughout this forecast period.
North America Evacuation Slide Systems market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Evacuation Slide Systems include SAFRAN, UTC Aerospace Systems, EAM Worldwide, Trelleborg AB, Switlik Parachute Company, Cobham, Dart Aerospace Limited(TransDigm Group), ASTRONICS CORPORATION and The MEL Group, etc. In terms of revenue, the global 3 largest players have a % market share of Evacuation Slide Systems in 2021.
Global Evacuation Slide Systems Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Evacuation Slide Systems Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Single Lane
Double Lane
Segment by Application
Original Equipment Manufacturers (OEM)
Aftermarket
By Company
SAFRAN
UTC Aerospace Systems
EAM Worldwide
Trelleborg AB
Switlik Parachute Company
Cobham
Dart Aerospace Limited(TransDigm Group)
ASTRONICS CORPORATION
The MEL Group
Collins Aerospace
Tulmar Safety Systems
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia