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Global Aviation Life Rafts Market 2017-2021

Global Aviation Life Rafts Market 2017-2021

  • September 2017
  • 70 pages
  • ID: 5136832
In this report:
The market in APAC is expected to record a higher growth rate compared with the Americas and EMEA owing to the increase in passenger traffic and growth in demand for new aircraft in this region.
By the end of 2016, Embraer secured several orders from the business aviation service providers of Mexico, worth $## million, for the supply of ## business aircraft, including Phenom ##, Legacy ##s, and Legacy ## families of aircraft.

Summary

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About Aviation Life Rafts

Aviation life rafts must be able to accommodate all the occupants of an aircraft in the case of emergency. Each raft must be equipped with a locator light (approved as per TSO-C85 or C85a standards), pyrotechnic signaling device, and a survival kit. Aircraft also have enough number of life rafts on board so that even if the largest life raft is inoperative (due to some failures), the remaining will accommodate all the passengers of the aircraft. This contingent measure is practiced to ensure optimum safety of occupants on board an aircraft. Also, as per the guidelines of Federal Aviation Administration (FAA), any aircraft flying long-haul routes over ocean should have a minimum of two life rafts.

Technavio’s analysts forecast the global aviation life rafts market to grow at a CAGR of 4.76% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global aviation life rafts market for 2017-2021. To calculate the market size, the report considers the installations of life rafts in commercial aviation industry.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Aviation Life Rafts 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.

Key vendors
• EAM WORLDWIDE
• Revere Survival
• Survival Products
• WINSLOW LIFERAFT COMPANY
• Zodiac Aerospace

Other prominent vendors
• C&M Marine Aviation Services
• Switlik

Market driver
• Implementation of stringent regulatory standards on safety equipment
• For a full, detailed list, view our report

Market challenge
• Removal of life rafts from aircraft flying within 400 nautical miles from coast
• For a full, detailed list, view our report

Market trend
• Implementation of coated fabric for life rafts
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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