Aircraft Evacuation Systems Market: Global Industry Analysis and Forecast (2024 -2030)
Aircraft Evacuation Systems Market size was valued at USD 2.4 Bn in 2023. The total Aircraft Evacuation Systems Market revenue is expected to grow by 2.6% from 2024 to 2030, reaching nearly USD 2.87 Bn.
Format : PDF | Report ID : SMR_1967
Aircraft Evacuation Systems Market Overview
The aircraft evacuation system comprises three essential components: exits and slides, effective pathways to reach these exits, and the crew and passengers who utilize them. Ensuring successful evacuation necessitates enhanced cabin safety to prevent incapacitation from impact, smoke, heat, and toxic gases before egress is achieved. The effectiveness of an evacuation also relies on the design and functionality of emergency equipment as well as the training of flight attendants. Research on cabin safety and rigorous evacuation testing are critical elements in any initiative aimed at evaluating and improving evacuation safety.
The aircraft evacuation systems market is an important segment of the aviation industry that focuses on the development, production, and deployment of safety equipment. The market is driven by stringent regulatory requirements, safety technological advancements, increase in air traffic and the emphasis on enhancing passenger safety. The development and certification of advanced evacuation systems are costly sometimes, which impacts smaller aircraft evacuation systems manufacturers and operators. Key players in the market such as Collins Aerospace, Safran, etc are at the forefront of innovation, striving to enhance the safety of air travel globally.
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Aircraft Evacuation Systems Market Dynamics
Government Initiatives contributing to the Aircraft Evacuation Systems Market Growth
Governments implement stringent safety regulations, provide funding for research and development and encourage the adoption of advanced technologies. Thus, they play a crucial role growth of the aircraft evacuation systems market. Government across the world, through aviation regulatory bodies such as the Federal Aviation Administration (FAA) in the United States, the European Union Aviation Safety Agency (EASA), and the International Civil Aviation Organization (ICAO) are increasingly establishing rigorous safety standards for aircraft.
The National Transportation Safety Board (NTSB) issued safety recommendations A-99-99–103 in response to accidents and incidents where the failure of an Emergency Evacuation System (EES) component played a role. Previous efforts to enhance EES reliability had not led to significant improvements. As a result, a comprehensive strategic plan was developed to boost the reliability of aircraft EES. This strategy aims to raise awareness about EES maintenance processes for both onboard and off-aircraft equipment and to create new operational specifications for air carrier EES maintenance programs.
Technological Advancements Creating Opportunities for the Global Aircraft Evacuation Systems Market
Utilizing GPU-based computational simulation for aircraft evacuation scenarios offers a revolutionary approach to enhancing safety protocols and optimizing evacuation procedures. By harnessing the parallel processing power of GPUs, intricate models are created to simulate various evacuation scenarios with unparalleled speed and accuracy. These simulations incorporate factors such as passenger behavior, seat occupancy, exit accessibility, and environmental conditions to provide insights into evacuation efficiency and potential bottlenecks. Thus, creating opportunities for the growth of the Aircraft Evacuation Systems Market.
Furthermore, GPU-based simulations enable researchers to explore a wide range of variables and parameters, allowing for the refinement of evacuation strategies under different circumstances. This technology facilitates the testing of evacuation plans in virtual environments, minimizing the need for costly and potentially risky real-world trials. Additionally, the data generated from these simulations can inform the design of aircraft interiors, evacuation equipment placement, and crew training protocols, ultimately leading to safer and more effective evacuation procedures in the event of an emergency.
Rising Environmental Concerns Challenging the Global Aircraft Evacuation Systems Market
Aircraft evacuation systems, though vital for passenger safety, are often overshadowed by environmental concerns in aviation. Yet, their design and functionality are crucial for ensuring swift and safe evacuations amidst noise pollution and air quality issues. Amidst increasing urbanization, the proximity of airports to densely populated areas exacerbates these challenges, underscoring the urgency for efficient evacuation procedures. Additionally, as airports expand, they encroach upon natural habitats, necessitating sustainable approaches to land use. Moreover, while the industry grapples with waste generation, incorporating recyclable materials into evacuation systems can mitigate environmental impact. Therefore, innovation in evacuation technology must align with broader sustainability goals, ensuring safety without compromising environmental stewardship in aviation's quest for sustainability.
Aircraft Evacuation Systems Market Segment Analysis
Based on Application: The market is segmented into Civil Aviation and Military Aviation. The Civil Aviation segment held the largest Aircraft Evacuation Systems Market share in 2023. Passenger safety regulations and the increasing volume of air travel across the world majorly influence the demand for evacuation systems in civil aviation. With the increase in air passenger traffic, especially in developing markets, there's a growing emphasis on safety measures, which include evacuation protocols and equipment. Moreover, the evolution of aircraft design and cabin configurations in response to passenger comfort and regulatory requirements also contributes to the demand for advanced evacuation systems. As airlines strive to enhance passenger experience while ensuring safety, there is a growing market for innovative evacuation solutions to cater to civil aviation needs.
Aircraft Evacuation Systems Market Regional Insights
North America Aircraft Evacuation Systems Market dominated the global market with the largest share in 2023. In the region, the United States held the largest share in the market for for Aircraft Evacuation Systems. The FAA introduced improved flammability standards for aircraft cabin materials in 1986 and 1988, with further restrictions on heat and smoke emissions. These standards apply to aircraft manufactured after August 19, 1990, operated under Parts 121 and 135. While retrofitting existing aircraft isn't mandatory, slow progress has led to criticism from the GAO, suggesting a regulatory mandate for full fleet compliance by 2018. The FAA is urged to reassess the need for such a mandate to ensure timely implementation of stricter flammability standards for cabin interiors.
Asia Pacific Aircraft Evacuation Systems Market is expected to grow at a high rate during the forecast period. As per the study, the Indian market holds the major share in the region. Airbus has signed contracts with Tata Advanced Systems Limited (TASL) and Mahindra Aerospace Structures Private Limited (MASPL) to procure components for its A320neo, A330neo, and A350 programmes. These agreements expand Airbus' collaboration with Indian suppliers, reinforcing India's role as a strategic resource hub for the company. With TASL and MASPL already contributing to Airbus' aircraft programmes, these contracts further strengthen cooperation. The move aligns with Airbus' strategy to grow the aerospace ecosystem in India by fostering manufacturing and engineering capabilities. Airbus aims to enhance its industrial footprint in India, supporting aircraft assembly, component manufacturing, and engineering design.
Aircraft Evacuation Systems Market Scope
Aircraft Evacuation Systems Market |
|
Market Size in 2023 |
USD 2.4 Bn. |
Market Size in 2030 |
USD 2.87 Bn. |
CAGR (2024-2030) |
2.6% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segments |
By System Type Evacuation Slides Evacuation Rafts Life Vests Emergency Locator Transmitters (ELT) Others |
By Application Civil Aviation Military Aviation |
|
By End-User OEMs (Original Equipment Manufacturers) MROs (Maintenance, Repair, and Overhaul) Airlines |
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Aircraft Evacuation Systems Key Players
- Collins Aerospace
- EAM Worldwide
- Safran SA
- Survitec group Limited
- Switlik Parachute Co.
- Martin Baker Aircraft Co. Ltd.
- Survival Equipment Services Ltd
- The MEL Group
- Tulmar Safety Systems Inc
- Legend Aerospace
- Dart Aerospace
- Cobham plc
Frequently Asked Questions
The North America region is expected to hold the largest Aircraft Evacuation Systems Market share.
The Aircraft Evacuation Systems Market size by 2030 is expected to reach US$ 2.87 Bn.
The forecast period for the Aircraft Evacuation Systems Market is 2024-2030.
Collins Aerospace, Safran company, EAM Worldwide, Survitec Group and Dart Aerospace are the top 5 players in the Aircraft Evacuation Systems Industry.
1. Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. Aircraft Evacuation Systems Market: Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3. Global Aircraft Evacuation Systems Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
4. Aircraft Evacuation Systems Market: Dynamics
4.1. Aircraft Evacuation Systems Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Aircraft Evacuation Systems Market Drivers
4.3. Aircraft Evacuation Systems Market Restraints
4.4. Aircraft Evacuation Systems Market Opportunities
4.5. Aircraft Evacuation Systems Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factor
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis and Supply Chain Analysis
4.10. Regulatory Landscape
4.10.1. Market Regulation by Region
4.10.1.1. North America
4.10.1.2. Europe
4.10.1.3. Asia Pacific
4.10.1.4. Middle East and Africa
4.10.1.5. South America
4.10.2. Government Schemes and Initiatives
5. Aircraft Evacuation Systems Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1. Aircraft Evacuation Systems Market Size and Forecast, by System Type (2023-2030)
5.1.1. Evacuation Slides
5.1.2. Evacuation Rafts
5.1.3. Life Vests
5.1.4. Emergency Locator Transmitters (ELT)
5.1.5. Others
5.2. Aircraft Evacuation Systems Market Size and Forecast, by Application (2023-2030)
5.2.1. Civil Aviation
5.2.2. Military Aviation
5.3. Aircraft Evacuation Systems Market Size and Forecast, by End-User (2023-2030)
5.3.1. OEMs (Original Equipment Manufacturers)
5.3.2. MROs (Maintenance, Repair, and Overhaul)
5.3.3. Airlines
5.4. Aircraft Evacuation Systems Market Size and Forecast, by Region (2023-2030)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East and Africa
5.4.5. South America
6. North America Aircraft Evacuation Systems Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
6.1. North America Aircraft Evacuation Systems Market Size and Forecast, by System Type (2023-2030)
6.1.1. Evacuation Slides
6.1.2. Evacuation Rafts
6.1.3. Life Vests
6.1.4. Emergency Locator Transmitters (ELT)
6.1.5. Others
6.2. North America Aircraft Evacuation Systems Market Size and Forecast, by Application (2023-2030)
6.2.1. Civil Aviation
6.2.2. Military Aviation
6.3. North America Aircraft Evacuation Systems Market Size and Forecast, by End-User (2023-2030)
6.3.1. OEMs (Original Equipment Manufacturers)
6.3.2. MROs (Maintenance, Repair, and Overhaul)
6.3.3. Airlines
6.4. North America Aircraft Evacuation Systems Market Size and Forecast, by Country (2023-2030)
6.4.1. United States
6.4.2. Canada
6.4.3. Mexico
7. Europe Aircraft Evacuation Systems Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
7.1. Europe Aircraft Evacuation Systems Market Size and Forecast, by System Type (2023-2030)
7.2. Europe Aircraft Evacuation Systems Market Size and Forecast, by Application (2023-2030)
7.3. Europe Aircraft Evacuation Systems Market Size and Forecast, by End-User (2023-2030)
7.4. Europe Aircraft Evacuation Systems Market Size and Forecast, by Country (2023-2030)
7.4.1. United Kingdom
7.4.2. France
7.4.3. Germany
7.4.4. Italy
7.4.5. Spain
7.4.6. Sweden
7.4.7. Austria
7.4.8. Rest of Europe
8. Asia Pacific Aircraft Evacuation Systems Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
8.1. Asia Pacific Aircraft Evacuation Systems Market Size and Forecast, by System Type (2023-2030)
8.2. Asia Pacific Aircraft Evacuation Systems Market Size and Forecast, by Application (2023-2030)
8.3. Asia Pacific Aircraft Evacuation Systems Market Size and Forecast, by End-User (2023-2030)
8.4. Asia Pacific Aircraft Evacuation Systems Market Size and Forecast, by Country (2023-2030)
8.4.1. China
8.4.2. S Korea
8.4.3. Japan
8.4.4. India
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Malaysia
8.4.8. Vietnam
8.4.9. Taiwan
8.4.10. Rest of Asia Pacific
9. Middle East and Africa Aircraft Evacuation Systems Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
9.1. Middle East and Africa Aircraft Evacuation Systems Market Size and Forecast, by System Type (2023-2030)
9.2. Middle East and Africa Aircraft Evacuation Systems Market Size and Forecast, by Application (2023-2030)
9.3. Middle East and Africa Aircraft Evacuation Systems Market Size and Forecast, by End-User (2023-2030)
9.4. Middle East and Africa Aircraft Evacuation Systems Market Size and Forecast, by Country (2023-2030)
9.4.1. South Africa
9.4.2. GCC
9.4.3. Nigeria
9.4.4. Rest of ME&A
10. South America Aircraft Evacuation Systems Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
10.1. South America Aircraft Evacuation Systems Market Size and Forecast, by System Type (2023-2030)
10.2. South America Aircraft Evacuation Systems Market Size and Forecast, by Application (2023-2030)
10.3. South America Aircraft Evacuation Systems Market Size and Forecast, by End-User (2023-2030)
10.4. South America Aircraft Evacuation Systems Market Size and Forecast, by Country (2023-2030)
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest Of South America
11. Company Profile: Key Players
11.1. Collins Aerospace
11.1.1. Company Overview
11.1.2. Product Portfolio
11.1.2.1. Product Name
11.1.2.2. Product Details (Price, Features, etc.)
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. EAM Worldwide
11.3. Safran SA
11.4. Survitec group Limited
11.5. Switlik Parachute Co.
11.6. Martin Baker Aircraft Co. Ltd.
11.7. Survival Equipment Services Ltd
11.8. The MEL Group
11.9. Tulmar Safety Systems Inc
11.10. Legend Aerospace
11.11. Dart Aerospace
11.12. Cobham plc
12. Key Findings
13. Analyst Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook