Aircraft Fire Protection Systems Market surges with rising fire accidents

Market Overview:
The global aircraft fire protection systems market was worth 880.6 million in 2020 and is determined to arrive USD 1,157.7 million by 2025, recording a CAGR of about 5% during the forecast period.

An aircraft fire protection system is installed to protect and monitor any symptoms that may cause a fire inside the aircraft. This system consists of a fire detection system and a fire suppression system. It has now been improved and does not rely on observations from crew members to detect a fire. For fire detection, advanced detection systems such as thermal switch systems, thermocouple systems, and continuous loop systems are used in aircraft fire protection systems. The High Flow Discharge System (HRD) is used for the fire extinguisher in modern aircraft. In the event of a fire, modern aircraft fire protection systems can alert crew members on board and take corrective action, such as extinguishing fires.

Recent Developments:
Meggitt won a fire protection contract for the Boeing 737 MAX engine and auxiliary power unit ("APU").
https://www.meggitt.com/news/meggitt-wins-boeing-737-max-engine-and-apu-fire-protection/

Market Drivers and Restraints:
In an effort to increase the safety of air travel and minimize the risk of fire during air travel, aviation regulators around the world have increasingly implemented safety regulations, laws and standards are more stringent to ensure the installation of improved aircraft fire detection and protection systems by airlines around the world. These are extinguishing agents that are released into the environment of the aircraft in the form of vapors. Although halons work on the principle of intrusion in chain responses that accelerate the spread of fire, their popularity has increased, there has been a large increase in their number of installations. Halons are supposed to promote the growth of the aircraft fire protection systems market in the near future to a large extent. However, it should be noted that aircraft fire detection and protection systems consist of fire detection elements that are positioned in many high-motion areas around aircraft engines.

To know more read:
https://www.marketdataforecast.com/market-reports/aircraft-fire-protection-systems-market

Report is segmented as:
By Application:
• Aircraft Cargo Compartments
• Engines
• Auxiliary Power Units (APU)
• Cabins & Lavatories
• Cockpits

By Product:
• Fire Detection Systems
• Alarm & Warning Systems
• Fire Suppression Systems

By Aircraft Type:
• Civil Aircraft
• General Aviation Aircraft
• Commercial Passenger & Cargo Aircraft
• Civil Helicopters
• Military Aircraft
• Fighter Jets
• Military Helicopters
• Transport Carriers

By Fit:
• Linefit
• Replacement
Geographical segmentation:
On the basis of geography, the global aircraft fire protection systems market is segregated into regions of Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these regions, North America is forecasted to remain the biggest market during the estimated time frame.

Key market players:
United Technologies (US), Meggitt (UK), Diehl Aerospace (Germany), Siemens (Germany), Halma (UK), Advanced Aircraft Extinguishers (US), Gielle Industries (Italy), and H3R Aviation (US) are some of the key players in this market.

View sample and decide:
https://www.marketdataforecast.com/market-reports/aircraft-fire-protection-systems-market

Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: [email protected]
Tel: +1-888-702-9626
Website: https://www.marketdataforecast.com/