Global Crashworthy Aircraft Seats Market Report Information by Type (Crew, Passenger, Others), End-User (Commercial, Military), Platform (Fixed-Wing, Rotary-Wing), & Region – Forecast till 2023
Top Vendors:
The top players shaping the worldwide crashworthy aircraft seats market include UTC Aerospace Systems (U.S.), BAE Systems (U.K), East/West Industries, Inc. (U.S.), T-Kalıp San. Ve Tic. A.Ş. (Turkey), Rockwell Collins (U.S.), Zodiac Aerospace (France),), Israel Aerospace Industries Ltd. (Israel), Safe, Inc. (U.S.), Martin-Baker Aircraft Co Ltd (U.K), to mention a few.
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Market Research Future (MRFR) expects the global crashworthy aircraft seats market to achieve a CAGR of 5% during the forecast period (2018-2023).
Market Boosters and Top Barriers:
In case of these components or parts breaking down, the aircraft can lose control. To substantiate this factor, there have been a number of aircraft accidents in the past couple of years, which has made passenger safety one of the most crucial aspects in aviation industry.
Rapid surge in the number of accidents has deterred travelers from traveling in aircraft, which necessitates the need for crashworthy aircraft seats. Mounting need for lightweight seat design is also expected to present a host of growth opportunities to the industry participants. Innovation in aircraft fleet, high adoption rate of next-generation aircraft seats and rise in defense budgets could also benefit the crashworthy aircraft seats market. Also, several contracts are increasingly being signed which foster the market growth. Citing a reference, in 2011, BAE Systems had entered a contract with the U.S. Air Force to give crashworthy seats for the C-l30 aircraft.
Furthermore, rising concern with regard to aviation safety leads to market growth to a large extent. To illustrate, in 2013, Israel Aerospace Industries entered a contract with Bell Helicopter Textron Inc., which entailed the former providing crashworthy passenger seats for the latter’s 525 Relentless helicopters. Likewise, in 2012, Safe Inc. entered a contract with the US Army, and provided advanced troop seat restraint systems in military rotorcrafts.
Market Segmentation:
The worldwide crashworthy aircraft seat market can be segregated with respect to type, end-user, and platform.
Depending on the type, the market is considered for crew, passenger and others. Between these, crew seat enjoys the highest demand in the market and had controlled the biggest share in 2017.
The end-users mentioned in the report are commercial and military. The military segment could note the largest demand during the forecast period, due to the rising adoption rate of crashworthy seats by the military sector.
Platform-wise, the market includes fixed-wing and rotary-wing. Among these, the fixed-wing segment is expected to demonstrate the best growth during the appraisal period, thanks to the soaring demand for commercial and military fixed-wing aircraft all around the world.
Regional Insight:
Asia Pacific (APAC), North America, the Middle East & Africa (MEA), Latin America and Europe, are the primary markets for crashworthy aircraft seats.
In 2017, North America was identified as the leading market for crashworthy seats. Market growth in the region has been the result of the considerable investments in modern aircraft. Also, the strong presence of the aviation industry and the presence of renowned aircraft manufacturers benefit the regional market.
The crashworthy aircraft seats market in Europe is predominantly driven by mounting awareness about crashworthiness testing in aircraft. The high incorporation of the findings of crashworthiness testing in aircraft seat design also stimulates market growth in the region.
The APAC and MEA markets for crashworthy aircraft seats could note significant growth in the near future since new aircraft buyers are going for aircraft that conform to every safety regulation. In addition, the increasing presence of the commercial aviation sector in these regions are also likely to elevate the market position in subsequent years.
Latest News:
September 2019
Leonardo recently launched its latest-generation medium-lift AW149 helicopter. It is a modern, cost-effective and reliable aircraft which has been created to meet with the vast range of military missions. It features crashworthy seats along with self-sealing fuel tanks, heavy-duty landing gear, additional armor protection, and fully integrated DAS.
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