Aviation Life Rafts Market Analysis, Scope, and Growth by 2031
Aviation Life Rafts Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.11 Billion |
Market Size by 2031 | US$ 2.16 Billion |
Global CAGR (2023 - 2031) | 8.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Capacity
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Aviation Life Rafts Market News and Recent Developments
The Aviation Life Rafts Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for aviation life rafts market and strategies:
- In July 2023, AVI Survival Products Released the New 6-Passenger Reversible Life Raft. The product is equipped with a manually activated, lanyard-triggered, self-inflating system, the life raft ensures a prompt response when required. The inflation system comprises a composite cylinder charged with N2/CO2, a pressure gauge, and an inflation valve. In addition, the reversible life raft comes with a raft knife with a recessed blade design, a lifeline that encircles the exterior perimeter of the raft, a canopy that can be erected after boarding, a heaving line and ring stored in a fire-retardant pouch, a specially designed dual purpose sea anchor/raft valise, strategically positioned boarding aids, hand pump assembly, and comprehensive equipment kit. (Source: FCAH Aerospace, Press Release/Company Website/Newsletter)
- In March 2022, Survitec has unveiled a ‘smaller and lighter single seat life raft’ (SSLR) to better equip military fast jet pilots on more challenging missions or when forced to eject from their aircraft over water. (Source: Comtek Advanced Structures Ltd, Press Release/Company Website/Newsletter)
Aviation Life Rafts Market Report Coverage and Deliverables
The “Aviation Life Rafts Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter’s Five Forces analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis