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Aircraft Evacuation Market Share

Report ID: GMI3092
Published Date: Sep 2021
Report Format: PDF

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Aircraft Evacuation Market Share

The major companies operating in aircraft evacuation market include:

UTC Aerospace
Zodiac Aerospace
NPP Zvezda
EAM Worldwide
DART Aerospace
Switlik
Trelleborg
Survitec Group
Martin Baker

Industry leaders are competing to offer lightweight, compact, and durable products that are customizable to meet the client’s specific needs. Participants are also investing in R&D to design and discover new applications in safety & survival technology. New product features include embedded RFID tags and white LED lights in life vests, slides & rafts to ensure visibility during day or night.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

Market size of aircraft evacuation had surpassed USD 1 billion in 2020 and will witness a CAGR of over 6.2% from 2021 to 2027.

Europe aircraft evacuation market will observe a CAGR of over 5.5% through 2027 owing to the presence of a large number of aircraft manufacturers in the region.

UTC Aerospace, Zodiac Aerospace, NPP Zvezda, EAM Worldwide, Switlik, Trelleborg, Survitec Group, Martin Baker, etc. are the major companies operating in the market.

OEM distribution channel will generate over USD 900 million in revenue by 2027 owing to rising demand for aircraft driven by growing tourism trends, economic growth, and development of new routes.

Escape slide segment was valued at USD 550 million in 2020 on account of the increasing focus of airline carriers on the safety of passengers and crew.