Aircraft ejection seats are very crucial in rescuing the pilots when the aircraft is hit by any explosive or there is any kind of engine failure. The common aircraft ejection seats are propelled out by a rocket motor or an explosive charge, and once the seat is out of the cockpit, the system opens a parachute, which facilitates the pilot to land safely. Aircraft ejection seat market is predicted to experience a promising growth during the forecast period.
The "Global Aircraft Ejection Seat Market Analysis to 2028" 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 ejection seat market with detailed market segmentation by aircraft type, seat type, components, fit type, application and geography. The report provides key statistics on the market status of the leading aircraft ejection seat market players and offers key trends and opportunities in the market.
? Based on aircraft type, the global aircraft ejection seat market is segmented into training aircraft and combat aircraft.
? On the basis of seat type, the market is segmented into single seat and twin seat.
? Based on components, the market is bifurcated into seat actuator, belts, parachute and others.
? On the basis of fit type, the market is segmented into line fit and retrofit.
? Based on application, the global aircraft ejection seat market is segmented into fixed wing aircraft and rotary wing aircraft.
? Rising terrorism all over the world drives the demand for aircraft ejection seats.
? Growing awareness regarding safety and security of the pilot as well as passengers.
? Increasing defense budget of many developing countries boost the market growth.
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 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The aircraft ejection seat 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 trend. The report also provides exhaustive Porters five force analysis highlighting factors effecting the Aircraft Ejection Seat Market worldwide.
IMPACT OF COVID-19 ON AIRCRAFT EJECTION SEAT MARKET
The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Ejection seats are majorly required for military aircrafts. However, due to decline in production activities, aircraft ejection seat market suffered from supply side.
The report covers key developments in the aircraft ejection seat 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 ejection seat market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft ejection seat in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aircraft ejection seat 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.
? AERO Vodochody AEROSPACE a.s.
? Ingersoll Engineers
? IRVINGQ Ltd
? Martin-Baker Aircraft Co. Ltd
? NPP Zvezda
? Raytheon Technologies
? RLC Group
? RUAG Group
? Survival Equipment Services Ltd