Aircraft Fire Suppression System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The fire suppression capability is designed into the airplane as required for Extended Operations and is dependent on airline customer option configuration. The fire suppression systems provide minimum Halon concentration coverage for one hour or more, depending on the airplane model, sufficient to suppress the fire until the airplane lands at the nearest suitable airport. The flight crew commands the discharge of the cargo fire suppression system from the flight deck. This initiates the discharge of halon from fire suppression bottles, which are generally located next to the cargo compartment.

MARKET SCOPE

The "Global Aircraft Fire Suppression System Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Aircraft Fire Suppression System market with detailed market segmentation by component, application, fit type, aircraft type, and geography. The report provides key statistics on the market status of the leading Aircraft fire suppression system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   On the basis of component, the market is segmented as fire detectors and suppression agents.
  
•   On the basis of application, the market is segmented as cargo compartment, cabin, and engine.
  
•   On basis of fit type, the market is segmented as line fit and retrofit.
  
•   On basis of aircraft type, the market is segmented as commercial aircraft, military aircraft, helicopter, and UAV.
  

MARKET DYNAMICS

Drivers:

•   Increased number of orders for new aircraft across the globe.
  
•   Development of aircraft fire suppression systems using halon alternatives as suppression agent
  
•   Modernization of the existing aircraft are expected to provide lucrative opportunities for the growth of the global market
  

Restraints:

•   Backlogs in the delivery of new aircrafts may hamper the growth of the global aircraft fire suppression system market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft fire suppression system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aircraft fire suppression system market in these regions

IMPACT OF COVID-19 ON AIRCRAFT FIRE SUPPRESSION SYSTEM MARKET

The COVID-19 pandemic has impacted R&D and innovation in the aircraft fire suppression systems. There has been a reduction in the production volume of electronic components and fire detector sensors, due to which the demand for aircraft fire suppression system market has been severely affected. However, the demand for aircraft fire suppression systems is expected to increase in the forecast period.

MARKET PLAYERS

The report covers key developments in the Aircraft fire suppression system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aircraft fire suppression system market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Fire Suppression System in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aircraft fire suppression system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Advanced Aircraft Extinguishers, Ltd
  
•   Amerex Corporation
  
•   AMETEK. Inc.
  
•   ATEC, INC.
  
•   Collins Aerospace
  
•   Diehl Stiftung & Co. KG
  
•   H3R Aviation, Inc.
  
•   Halma Plc
  
•   Meggitt PLC.
  
•   Ventura Aerospace
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aircraft Fire Suppression System Report Scope