Aircraft Evacuation Slide Market – Global Industry Size, Share, Trends, Technology, Key Players
The global aircraft evacuation slide market is expected to show a robust growth with an impressive CAGR in the forecast years 2022-2026, on the account of increasing instances of emergency landings. After the reinstatement of the travel and tourism sector after pandemic relaxation, tourism and aircraft sector is expanding rapidly and driving the growth of the global aircraft evacuation slide market in the upcoming five years.
Necessary to be installed in all commercial aircrafts, evacuation slides are inflated passageways to come out of an aircraft in cases where doors get jam, or evacuation is required in urgency. The evacuation slide ensures passenger safety in the times of emergency evacuation. These slides are packed and held within the door structure itself in a casing known as slide bustle. Depending on the aircraft size, door size, door location, etc. the slide varies, and position of slide bustle depends on that as well. Under the armed conditions, the aircraft indicates it with an indicator light, and the slide protrudes and inflates as soon as the doors are opened, thus flyers may evacuate the aircraft conveniently. Federal Aviation Administration (FAA), and European Union Aviation Safety Agency (EASA) instates regulations for the evacuation slides, and the procedures and protocols to be followed, thus ensures flyer’s safety. Sizing and designing requirements, placement, etc. all are monitored by these agencies.
Increasing Instances of Emergency Evacuation
Rapidly increasing instances of emergency situations where the safety of passengers, pilots, and crew members is at risk drives the growth of the global aircraft evacuation slide market in the upcoming five years. The emergency conditions may rise due to various factors. Emergency evacuation is required if the aircraft encounters any technical glitches or is under fault due to some mechanical abnormalities. Emergency instances like abduction, rescue, terrorist attacks, unruly passengers, etc. all aid to the requirement of aircraft evacuation slides, thus supporting the growth of the global aircraft evacuation slide market in the next five years.
The COVID-19 pandemic in 2019 demanded various air evacuations. Government of the concerned countries deployed forces in other countries to evacuate their citizen stuck on foreign lands during the testing times. Moreover, various terrorist activities have also occurred in past years that have enhanced and upsurged the requirements of evacuation slides for the safety of the passengers. War break outs and political conditionings like that of Taliban taking over Afghanistan, has aided to the demands of aircraft evacuation slides and thus the growth of the aircraft evacuation slide market in the future five years.
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Rising Tourism Across World Supports Market Growth
Tourism industry is expanding, and multiple consumers are adapting to the latest changes and adaptations in the tourism regulations and thus increasing the tourism instances, thereby supporting the growth of the global aircraft evacuation slide market in the upcoming five years. Rising disposable income along with the relaxation in the stringent rules for the flights, is driving the growth of the tourism industry. Increasing number of aircrafts, and instances of multiple trips is increasing the growth of the global aircraft evacuation slide market in the next five years.
Moreover, demand for new commercial aircrafts, with in-built evacuation slides is further aiding the growth of the global aircraft evacuation slide market in the future five years. Increasing global population, and growing migration of the population around the globe is further substantiating the growth of the global aircraft evacuation slide market in the forecast years, until 2026. Market players are also expanding their scopes and maintaining the top grade equipment for the aircrafts and related products, thus ensuring best consumer experiences and support market growth.
Market Segmentation
The global aircraft evacuation slide market is segmented on the basis of aircraft type, demand category, competitional landscape, and regional distribution. Based on aircraft type, the market is further fragmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and business aircraft. On the basis of demand category, the market is bifurcated into OEM, and replacement. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European & CIS region, South American region, and Middle East & African region.
Company Profiles
SAFRAN SA, Tulmar Safety Systems Inc., UTC Aerospace Systems, EAM Worldwide, Trelleborg AB, are among the major market players in the global platform that lead the market growth of the global aircraft evacuation slide market.
Attribute | Details |
Base Year | 2020 |
Historical Data | 2016 – 2019 |
Estimated Year | 2021 |
Forecast Period | 2022 – 2026 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026 |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Aircraft Type · Demand Category |
Regional Scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country Scope | United States, Mexico, Canada, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Vietnam, Germany, France, United Kingdom, Spain, Italy, Belgium, Russia, South Africa, UAE, Saudi Arabia, Egypt, Brazil, Argentina, Colombia |
Key Companies Profiled | SAFRAN SA, Tulmar Safety Systems Inc., UTC Aerospace Systems, EAM Worldwide, Trelleborg AB |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing And Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global aircraft evacuation slide market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Aircraft Evacuation Slide Market, By Aircraft Type:
- Narrow-body Aircraft
- Wide-Body Aircraft
- Regional Aircraft
- Business Aircraft
- Aircraft evacuation slide Market, By Demand Category:
- OEM
- Replacement
- Aircraft Evacuation Slide Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- Belgium
- Russia
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Indonesia
- Vietnam
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
- South America
- Brazil
- Argentina
- Colombia
- North America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global aircraft evacuation slide market.
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