Aircraft Fire Protection Systems Market Size, Share, Forecast, Analysis, Information by Type (Detection, Warning, and Suppression Systems), by Application (Cargo & Baggage Compartments, Engines & APU, Lavatories and Others) by Fit, by Aircraft, and by Region - Forecast till 2023

Pune, India - May 13, 2019 /MarketersMedia/ —

The global aircraft fire protection systems market has been segmented based on type, aircraft, application, fit and region.

Factors such as focus on aircraft modernization programs and increasing demand for both commercial and combat aircraft are positively impacting the aircraft fire protection systems market growth. In addition, growing importance for aviation safety and initiatives taken for ensuring safe flight further boosts the market growth. However, the existing backlogs in new aircraft deliveries hinders the market growth to a certain extent, while developing an effective extinguishing system that creates zero impact to the aircraft components during fire suppression is a challenge faced by the market players. Meanwhile, the emergence of new aircraft manufacturers in the Asia-Pacific region create promising growth opportunities for the aircraft fire protection systems market.

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In 2017, the fire detection system segment accounted for the largest market share as it covers various components such as sensors, optical detectors among others which are vital in detecting any prominent abnormalities and aiding crew in taking preventive measures. Based on aircraft, the aircraft fire protection systems market is divided into civil aircraft segment and military aircraft segment. The civil aircraft segment covers business & general aviation aircraft, commercial & cargo aircraft, and civil helicopters, while the military aircraft segment encompasses combat & trainer aircraft, transport aircraft, and military helicopters. In 2017, the civil aircraft segment accounted for the largest market share as the global air traffic is growing at a significant pace creating a huge demand for new aircraft. Based on application, the aircraft fire protection systems market is divided into cargo & baggage compartments, engines and auxiliary power unit (APU), cabins & lavatories, and others. In 2017, the engines and APU segment accounted for the largest market share as these components are much prone to fire hazards and require effective suppression system.

Segmentation:

Based on type, the aircraft fire protection systems market is divided into fire detection system, alarm & warning system, and fire suppression system. The fire detection system segment is estimated to account for the largest market share while the fire suppression system segment is projected to witness the highest CAGR during the forecast period. The fire suppression system is most important in extinguishing fire and increasing the survivability during accidents or crashes.

Based on aircraft, the aircraft fire protection systems market is divided into civil and military aircraft. The civil aircraft segment is estimated to account for the largest market share and is projected to witness a higher CAGR during the forecast period. Meanwhile, rising defense spending especially in developing countries and focus on procuring military aircraft to enhance combat capabilities is positively impacting the demand for aircraft fire protection systems in military aircraft.

Based on application, the aircraft fire protection systems market is divided into cargo & baggage compartments, engines and auxiliary power unit (APU), cabins & lavatories, and others. The engines & APU segment is estimated to account for the largest market share while the cargo & baggage compartments segment is projected to witness the highest CAGR during the forecast period. The cargo bay of the aircraft requires effective fire protection since it is difficult to access these compartments during flight.

Based on fit, the aircraft fire protection systems market is divided into line-fit and retrofit. The line-fit segment is estimated to account for the largest market share while the retrofit segment projected to witness a higher CAGR during the forecast period as these systems require timely checks, maintenance, and replacement in order to enhance safety.

Key Players:

Advanced Aircraft Extinguishers, Ltd
Aerocon Engineering Co
Amerex Corporation
Diehl Stiftung & Co. KG
Gielle Group
Halma plc
H3R Aviation, Inc
Meggitt plc
Siemens AG
United Technologies Corporation

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Regional Analysis:

Based on region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increasing demand for both combat and commercial aircraft in countries such as China, and India.

Table of Contents:

1. Executive Summary

2. Market Introduction

2.1. Market Definition

2.2. Scope Of The Study

2.3. Market Structure

2.4. Key Takeaways

2.5. Key Buying Criteria

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List Of Assumptions

3.7. Limitations

Continue…

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