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Technavio's market study identifies the increasing global aircraft fleet as one of the primary growth factors for the aircraft smoke detection and fire extinguishing system market. Airlines have the need to increase their number of flights to cater to the rising number of passengers who opt for air travel. The growing passenger traffic is influencing the development of a large number of new fleets. Narrow body jets have higher passenger-carrying capacity and this demands the need for fire protection equipment. Our market research analysts estimate that this market will grow steadily at a CAGR of around 7% by 2021.
The use of environmentally viable fire extinguishing system will be one of the major trends that will gain in the aircraft smoke detection and fire extinguishing system market during the next few years. Several public-funded projects are implemented for enhancing fire safety in passenger aircraft. Researchers focus on developing new technology that quantifies the interaction of electromagnetic and acoustic waves with the plasma in a flame. The acoustic field increases air velocity and consequently initiates the thinning of the flame boundary layer, making it easier to decrease the efficiency of combustion.
The aircraft smoke detection and fire extinguishing system market is concentrated due to the presence of a limited number of international and regional suppliers who offer various products and services. Vendors in the market compete based on innovative technologies and upgrading the existing quality and reliability of the aircrafts. The market is witnessing price wars and the regional vendors are offering products at lower prices than the international players. The vendors in the fire alarm system market have the need to offer innovative products that are integrated with the latest smoke detector technologies.
The leading vendors in the market are
The other prominent vendors in the market are Amerex, Fire Fighting Enterprises (FFE), Gielle, H3R, and Ventura Aerospace.
Passenger jets install smoke detection and fire extinguishing systems that may be sensor-based and handheld. The growing number of air passengers and safety regulations influences the installation of handheld fire extinguishers in the cabin area of commercial aircrafts.
In APAC, regions like India, China, and Japan are witnessing significant foreign investments and economic growth. This will influence the growth of the aviation industry in this region and increase the focus on enhancing consumer experience by integrating improved safety and emergency measures. This will contribute to the growth of the fire alarm system market in APAC.
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The upcoming research report on the aircraft smoke detection and fire extinguishing systems market is an integral part of aerospace and defense industry. Technavio provides a large collection of research reports on the aerospace components sector by gathering business intelligence data across various parameters. The upcoming research report on the aircraft smoke detection and fire extinguishing systems market also helps the client monitor the changing market landscape in this industry by inspecting factors such as global demand, seasonal demand patterns, potential growth, and geographic markets.
To offer clients insights they are looking for, Technavio uses extensive primary and secondary research methods to gain practical market insights and find out the true growth potential of the market. In-depth analysis of factors such as emerging trends, demand-supply patterns, and demands as per geographical regions are also carried out to accurately understand and forecast the market's growth prospects during the forecast period of 2017 to 2021.
The report on the aircraft smoke detection and fire extinguishing systems market also covers vendors such as Siemens, Meggitt, AOA, Kidde Deugra, and AD Aerospace to provide a complete competitive landscaping of the market. The report also covers geographic regions such as APAC, the Americas, and EMEA to identify regions with the highest market potential. Our analysts predict that due to the development of improved fire and smoke resistant materials this industry could foresee growth.
The upcoming research report on the aircraft smoke detection and fire extinguishing systems market also covers the market potential, technological advancements, key drivers, market profit potential, and opportunities and challenges faced by the industry. The report also covers related markets such as general aviation, maintenance repair and overhaul (MRO), and commercial aviation.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
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