“Aircraft Ejection Seats Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024 ” is the latest addition to MarketResearchReports.Biz industry research reports collection.
The main objective of this report is to define, describe, and forecast the global “Aircraft Ejection Seats” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Aircraft ejection seat is a type of system designed to rescue the crew/pilot of an aircraft during emergency situation. In an aircraft ejection seat, the seat is boosted out of the aircraft by an explosive charge carrying the pilot with the seat. Once the seat is ejected out of the aircraft, it deploys a parachute so that the pilot lands safely on the ground. The main purpose of the ejection seat is safety and survival of the pilot and crew. Ejection seat is one of the most complicated pieces of equipment on an aircraft. Airplanes flying at low speed and low altitude use a dissimilar sequence from that of jets flying at high altitudes and high speed. Pilots do not need to freely fall at low altitude; hence, the main parachute opens immediately. The decisions are based on altitude, weight of passengers, speed are already made for the pilot before he vacates the aircraft.
The aircraft ejection seats market is primarily driven by the innovation of the aircraft fleet. Aircrafts are now developing an improved layer of technologies and are reviewing new fuselage patterns. The new technologies help in customizing cabin components with integrative and lightweight design by using refined design solutions. Another major driver for this market is the increasing adoption and development of two-seater fighter jets. These jets are being developed and manufactured widely across the globe. This fuels the growth of the market for aircraft ejection seats.
The market growth is restrained by injuries sustained at the time of ejection. At the time of ejection, there are possibilities that the seat ejection malfunctions, due to which injuries are caused to the pilot/crew. This factor is likely to have medium impact in the short term of the forecast period.
One of the major opportunities in the aircraft ejection seats market is application of these seats in light commercial aircrafts and combat helicopters. Companies are now coming up with new developments in the design of aircraft ejection seats to improve the safety of pilots. Hastening the activation of the parachute after ejection and increasing trajectory height of the seat in a favorable direction would ensure the safety of the pilot and crew. Martin-Baker has developed an ejection seat with multi-tube rocket packs, which are designed to fit precisely in the small space between the lowermost part of the cockpit floor and the seat bucket. This design provides more thrust of the ejection catapult and expands the trajectory to provide more time for the parachute to open.
On the basis of application, the aircraft ejection seats market has been segmented into combat aircraft ejection seats and training aircraft ejection seats. The combat aircraft ejection seats segment accounted for the maximum share, followed by the training aircraft ejection seats in the global aircraft seats market. Based on components, the market has been divided into seat actuators, foams & fittings, and others. On geographical basis, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Increasing demand for military spending in countries such as the U.S., India, China, and Russia is likely to lead to development of fifth-generation fighter jets and aircraft components during the forecast period. Moreover, major Middle Eastern countries such as Kuwait, Iran, and Saudi Arabia have increased their investments in modern combat aircrafts, due to constant threats from the militant terrorists group. France and Russia would be a key contributing factor in the growth of the market for the development of new fighter jets with advanced ejection seats.
Some of the major players operating in the global aircraft ejection seats market comprise Martin Baker, NPP Zvezda, SEMMB, UTC Aerospace Systems, Airborne Systems NA Inc., Survival Equipment Services Ltd., and Neomega Resin.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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