Ejection Seat Market 2019: Global Aircraft Industry Overview By Size, Share, Trends, Segments and Regional Overview By 2023

Global More Electric Aircraft Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

Pune , India - March 22, 2019 /MarketersMedia/ —

Global More Electric Aircraft Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.

Key players operating in the global aircraft ejection seat market are Martin-Baker Aircraft Co. Ltd, NPP Zvezda, AO, SEMMB, United Technologies Corporation, Airborne Systems Inc., Survival Equipment Services Ltd., RUAG, Holding AG, EDM Limited, RLC Group and Clarks Precision Machine & Tool.

The global aircraft ejection seat market is set to post an impressive compound annual growth rate of 5.25% during the forecast period (2018-2023). Increased production of combat aircraft has led to a higher demand for aircraft ejection seat. Ejection seats continues to be an important component in combat aircrafts. They are literally the last resort for a pilot to save his or her life. With the constant evolution of combat aircraft, ejection seats have also undergone several technological transformations. Modern fighter jets can fly at extra ordinary speeds, making the task even more difficult for ejection seats. The onus is on OEMs to develop products that are relevant and comply to standards of aircrafts. At the same time, advances in technology has resulted in development of cutting-edge aircraft escape systems, which ensure a greater-level of safety and minimum risk of injury. This system allows pilots to not only walk away from ejection injury free but also get back in service on quick notice.

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A strong R&D landscape can be viewed as a major market influencer. Development of ejection systems that automatically modulates the thrust based on their weight and others important elements. The emphasis on development of superior ejection systems for high-speed and high-altitude ejections is likely to grow further in the forthcoming years. Adoption of AR & VR technology and ejection seat simulators for training combat aircraft pilots is observed as a key trend. Nonetheless, 100% injury proof ejection seat remains a far-fetched idea.

Factors such as military aircraft inventory upgrade and rising defense expenditure and subsequent demand for new combat aircraft are making a positive impact on the global aircraft ejection seat market. Governments all over the world are taking measures to better tackle issues such as terror attack, civil war and conventional war. This is providing an impetus to the global aircraft ejection seat market. However, increased use of drones in military activities could restrain the market growth to a certain extent.

Segmental Analysis

The segmental analysis of the market is conducted on the basis of fit, aircraft type, seat type, and region. Based on fit, the market has been segmented into line-fit and retro-fit. The line-fit segment currently accounts for largest market share. In 2017, the segment stood at a market valuation of USD 198.1 Mn and is projected to surge at 5.24% CAGR during the assessment period. This is primarily attributed to the high number of installations of line-fit ejection seats in both combat and trainer aircrafts.

Based on aircraft type, the market has been segmented into combat aircraft and trainer aircraft. In 2017, the combat aircraft commanded 70.04% share of the market and is projected to exhibit a CAGR of 5.32% during the assessment period. The combat aircraft segment will continue to outperform the trainer segment over 2023. Production of combat aircraft is relatively higher as compared to trainer aircraft. The range of combat aircraft spans across fighter aircraft, bomber aircraft, attack aircraft, among others. Whereas, the trainer aircraft segment is projected to capture a CAGR of 5.10% between 2018 and 2023.

Based on seat type, the market has been segmented into single seat and twin seat. The single seat segment is likely to retain its dominant position over 2023. During the forecast period, the segment is expected to growth at a healthy rate. Meanwhile, the twin seat segment is expected to post a relatively higher CAGR till 2023.

Regional Outlook

On the basis of region, the market has been segmented into Europe, North America, Asia Pacific and rest of the world (RoW). Europe currently lead the global aircraft ejection seat market. The region accounted for more than one-third share of the global market in 2017. Countries such as Russia, France and Italy have a robust military aircraft manufacturing industry. The region is expected to remain a key investment destination for market players throughout the assessment period. Europe is followed by North America and Asia Pacific respectively.

Table of Contents

1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Upgrades in Aging Military Aircraft
4.2.2 Rise in Defense Expenditure and Subsequent Demand for New Combat Aircraft
4.3 Restraint
4.3.1 Increased Use of Drones in Military Missions
4.4 Opportunity
4.4.1 Rising Terrorist Attacks and Counter Operations
4.5 Challenge
4.5.1 Injuries Associated With Ejection
4.6 Trend
4.6.1 Adoption of Ar & Vr Technology for Training Combat Aircraft Pilots

5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Supply Chain

Continued........

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