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Home>Global Aircraft Smoke Detection and Fire Extinguishing System Markets 2017-2021 - Research and Markets

Global Aircraft Smoke Detection and Fire Extinguishing System Markets 2017-2021 - Research and Markets

Global Aircraft Smoke Detection and Fire Extinguishing System Markets 2017-2021 - Research and Markets

09/29/2017

Global Aircraft Smoke Detection and Fire Extinguishing System Markets 2017-2021 - Research and Markets

The "Global Aircraft Smoke Detection and Fire Extinguishing System Market 2017-2021" report has been added to Research and Markets' offering.

The global aircraft smoke detection and fire extinguishing system market to grow at a CAGR of 6.57% during the period 2017-2021.

Global Aircraft Smoke Detection and Fire Extinguishing Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the new installations, shipments, sales, volume, retrofit, and aftermarket services.

The latest trend gaining momentum in the market is Use of environmentally viable fire extinguishing system. A considerable number of public-funded projects have been directed toward enhancing fire safety in passenger aircraft. For example, the FIREDETEX project funded by the European Commission, as a part of the FP5 Framework program, focuses on the development and implementation of an environmentally sustainable FSS that will align with the sustainability standards of the new-age jetliners. The project focused on the use of a water mist and nitrogen-enabled FSS, which promises higher safety standards.

According to the report, one of the major drivers for this market is Increasing global aircraft fleet. The global aviation industry is experiencing an exponential increase in the number of passengers opting for air travel. With such rapid growth in the passenger traffic, it becomes increasingly important for airlines to increase the number of flights to meet the rise in demand and leverage on the potential market.

Further, the report states that one of the major factors hindering the growth of this market is Delays in aircraft delivery. Delays in aircraft delivery are one of the major reasons limiting the growth of the global aircraft smoke detector and fire extinguishing system market.

Key vendors

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