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DUBLIN, Feb. 17, 2023 /PRNewswire/ — The “Global Aircraft Evacuation Slide Market By Aircraft Type, By Demand Category, By Region, Competition, Forecast and Opportunities, 2027” report has been added to ResearchAndMarkets.com’s offering.
The global aircraft evacuation slide market is expected to witness robust CAGR during the forecast period, 2023-2027.
Companies Mentioned
- SAFRAN SA
- Tulmar Safety Systems Inc.
- UTC Aerospace Systems
- EAM Worldwide
- Trelleborg AB
Evacuation slides are a type of inflatable slides that are installed in aircraft to carry civil as well as military personnel. They are designed to immediately evacuate the passengers from the aircraft in case of emergencies.
Aircraft authorities promote the installation of the aircraft evacuation slide to enable quick and safe evacuation of onboard passengers. In modern aircraft, aircraft evacuation slides are automatic and open by themselves, which saves a lot of time and life of passengers.
Factors such as the booming travel & tourism industry and the introduction of commercial flights drive the demand for the global aircraft evacuation slide market. The increasing air passenger traffic and growing disposable income of middle-class families is boosting the growth of the aircraft industry. However, aircraft manufacturing takes a lot of time and investments, which may restrain the growth of the global aircraft evacuation slide market in the next five years.
The global aircraft evacuation slide market is segmented into aircraft type, demand category, competitive landscape, and regional distribution. Based on aircraft type, the market is fragmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and business aircraft.
Wide-body aircraft is anticipated to capture the highest market share in the forecast period, 2023-2027. They have the highest passenger capacity than other aircraft and have space to move around the flight. It also boasts more overhead bin space and has higher profit margins and…
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