Market Insight
The report on the Global Aircraft Fire Protection Systems Market by Market Research Future covers extensive primary research. Aircraft fire protection systems comprise fixed and portable onboard equipment designed to detect and extinguish fires which occur in aircraft either in the air or on the ground. These systems cover components capable of sensing both smoke and heat. As fire is one among the deadliest threat to aircraft and has been the cause of many fatal aviation accidents so far, all modern aircraft are protected by a fixed fire protection system.
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Key Players
The key players in the Global Aircraft Fire Protection Systems Market are Advanced Aircraft Extinguishers, Ltd. (US), Aerocon Engineering Co. (US), Amerex Corporation (US), Diehl Stiftung & Co. KG (Germany), Gielle Group (Italy), Halma plc (UK), H3R Aviation, Inc. (US), Meggitt plc (UK), Siemens AG (Germany), and United Technologies Corporation (US).
Market Segment
Global Aircraft Fire Protection Systems Market has been segmented based on type, aircraft, application, fit and region.
Based on type, the Aircraft Fire Protection Systems Market is divided into fire detection system, alarm & warning system, and fire suppression system. The fire detection system segment is estimated to account for the largest market share while the fire suppression system segment is projected to witness the highest CAGR during the forecast period. The fire suppression system is most important in extinguishing fire and increasing the survivability during accidents or crashes.
Based on region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increasing demand for both combat and commercial aircraft in countries such as China, and India.
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