TechSci Press Release

Continuously evolving passenger demand for air travel to drive the Global Commercial Aircraft market through 2026. According to TechSci Research report  “ Global   Commercial Aircraft Market , By Aircraft Type (Narrow-Body Aircraft, Wide-body Aircraft, Regional Aircraft) By Engine Type (Turbofan, Turboprop), By Application (Passenger Aircraft, Freighter Aircraft), By End Use (Government, Private Sector) and By Region, Competition, Forecast & Opportunities,  202 6 ”, Global Commercial Aircraft Market is estimated to reach around USD190 Billion by 2026 in terms of value. Growth in the Commercial Aircraft Market is driven by thriving tourism and travel Industry, and continuously evolving technology. The increase in income and improving living standards of the people as well as growing tourism organizations across the globe is booming the demand for tourism and travel industry. The Global Aircraft market is majorly dominated by Asia Pacific and North American regions. Th...

Surging demand for the parachutes in defense sectors is driving the growth in Global Parachute Market in the forecast period, 2022-2026. According to TechSci Research report,  “ Parachute Market  - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026,  Segmented By Type (Round Parachute, Cruciform Parachute, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachute, Others), By Fabric Material (Nylon, Silk, Kevlar and Others), By Application (Military, Commercial, Cargo, Sports, Others), By Region ” , the global parachute market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of surging demand from the adventure seeking population. Surging recreational activities, and inclination of the adventure loving people toward sports like skydiving, bungee jumping, etc. is driving the growth of the global parachute market in the upcoming five years. Rising disposable income among the ...

Increasing focus on the research and development activities and the efforts to make space tourism an affordable activity is expected to drive the global space tourism market in the forecast period. According to TechSci Research report,  “Global  Space Tourism Market  By Type (Suborbital and Orbital) By Product Type (High Altitude Jet Fighter Flights, Atmospheric Zero-Gravity Flights, Aircraft Replacement Flights and Others) By Destination (Mars, Earth Orbit, Venus, Moon, Ceres and Others) By Customer (Civilians, Enterprise and Others) By Service Provider (Government, Commercial Institutions and Others), By Region, Company Forecast & Opportunities, 2026” , The global Space Tourism Market is expected to witness steady growth in the forecast period. Space tourism is human space travel that tends to provide tourists with the ability to become astronauts and experience space travel for recreational or business purposes. There are several kinds of space tourism including o...

Continuously evolving passenger demand for comfortable air travel and increasing need for IFEC system to drive the global aircraft seating market through 202 6. According to TechSci Research report   “ Global  Aircraft Seating Market  By Aircraft Type (Narrow-Body Aircraft, Wide-body Aircraft, Regional Aircraft, Business Jets) , By Class (Economy Class, Premium Economy Class, Business Class, First Class), By Crew Seats (Pilot /Co-pilot Seats, Cabin Crew Seats, Passenger Seats) and By Region, Competition  Forecast & Opportunities, 2026” ,  Global aircraft seating market was valued at USD5,147.06 million in 2020 and is estimated to reach around USD7,074.30 million by 2026, accelerating with a CAGR of 5.60% in terms of value. Due to the continuously growing global economy and the increasing per capita income, the demand for comfortable passenger air travel is continuously on the rise. As a result, higher number of aircraft manufacturing companies are mounting ...

Increasing incidents of emergency landing is driving the growth in the global aircraft evacuation slide market in the forecast period, 2022-2026 . According to TechSci Research report,  “ Aircraft Evacuation Slide Market  - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026 ” . The global aircraft evacuation slide market has a potential to project an impressive CAGR toward forces growth in the period, 2022-2026, on the account of expanding tourism industry. Increasing travel and tourism after the pandemic relaxation is also aiding to the growth of the global aircraft evacuation slide market in the upcoming five years. Moreover, demand for the new commercial flights is increasing and driving the growth of the global aircraft evacuation slide market in the next five years. Additionally, increasing instances of emergency landing due to various reasons like  technical glitches in aircraft panels or when aircrafts are under the fault due to ...