Crashworthy Aircraft Seats Market Report Information by Type (Crew, Passenger, Others), End-User (Commercial, Military), Platform (Fixed-Wing, Rotary-Wing) and Region – Forecast till 2027 By MRFR
In air travel, passenger safety is critical. As a result, crash-worthy airplane seats are widely used in the aerospace sector. These seats are designed to absorb energy and provide occupant restraint in commercial and military applications in domestic and international aircraft markets. During a crash, the occupant restraint systems are designed to control occupant motion within an aircraft seat. The use of these systems contributes significantly to the reduction of crash fatalities and injuries, resulting in market growth.
Passenger safety developments will necessitate highly sophisticated crash-worthy aircraft seats. Significant investments have been made in the development of energy-absorbing technology seats, indicating that the market would rise rapidly during the projection period. The high cost and increased seat weight due to the adoption of an occupant restraint system are, nevertheless, important limitations of the Crashworthy Aircraft Seats Market. A significant number of moving parts and components are integrated into aircraft, increasing the chances of a malfunction. As a result, if any of these components/parts fails, the aircraft will lose control. Furthermore, several airplane catastrophes have occurred in recent years, making passenger safety one of the most crucial criteria for travelers. The steadily increasing incidence of such accidents discourages passengers from flying.
Crashworthy Aircraft Seats Market Key Players
The key players in the crashworthy aircraft seats market are Israel Aerospace Industries Ltd.(Israel), Rockwell Collins (U.S.), BAE Systems (U.K), Martin-Baker Aircraft Co Ltd (U.K), T-Kal?p San. Ve Tic. A.?. (Turkey), East/West Industries, Inc. (U.S.), Safe, Inc. (U.S.), Zodiac Aerospace (France), and UTC Aerospace Systems (U.S.).
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Crash-worthy Aircraft Seats Market players will see new growth prospects as the demand for lightweight seat designs grows. Innovation in the aircraft fleet, increased military budgets, and a high acceptance rate of next-generation aircraft seats are all contributing to market growth. Several contracts have been signed to help the sector expand. The US Air Force has inked a contract with BAE Systems to supply crash-worthy seats for the C-l30 aircraft. Furthermore, the market has grown as people’s concerns about aircraft safety have grown. Bell Helicopter Textron Inc. has inked a contract with Israel Aerospace Industries to deliver crash-worthy passenger seats for its 525 Relentless helicopters.
Because of increased investments in contemporary aircraft, North America controlled the industry. Similarly, due to the significant number of commercial aircraft operating in this area, Europe is expected to trail North America in the worldwide crashworthy aircraft seat market over the forecast period. The global crash-worthy airplane seat market is expected to grow at a CAGR of more than 5% during the projected period, owing to rising demand for air safety and increased aircraft adoption.
The major key players in the crash-worthy aircraft seats market are Israel Aerospace Industries Ltd., Rockwell Collins, BAE Systems, Martin-Baker Aircraft Co Ltd., East/West Industries, Inc., Safe, Inc., Zodiac Aerospace, T-Kal?p San. Ve Tic. A.S., and UTC Aerospace Systems.
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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.2 RESEARCH OBJECTIVE
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS