Aviation Airbags Market by Type, Aircraft Lifting Airbags, Type of Aircraft, Material, Application : Global Opportunity Analysis and Industry Forecast,2019–2026
NEW CASTLE, DELAWARE, UNITED STATES, September 5, 2023/EINPresswire.com/ — Aviation airbags are equipped in seatbelts of airlines to lessen the impact of crashes and minimizes the risk of injuries. In 2003, airbags were first certified for pilot and copilot seats on general aviation (GA). Airbags are now included as standard equipment in the pilot and copilot seats of over half of all newly manufactured single-engine GA airplanes. A crash sensor is installed in the device known as electronics module assembly (EMA) that provides the signal to deploy airbag system. These airbags on airplanes can significantly increase passenger safety in accidents that occur during taxiing, take off, and landing.
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The growth of the global aviation airbags market is majorly driven by upsurge in deployment of airbags to mitigate head impact or injuries in case of emergency landing or crash. Furthermore, rise in air traffic has resulted in increased air fleet sizes. This has led to the introduction of new domestic and international routes, which in turn has escalated the demand for new aircraft, thereby boosting the growth of the airbags market. Moreover, governments of various countries have introduced stringent regulations regarding passenger and crew safety during the travel, which fuels the need for airbags, thus augmenting the global market growth. However, high cost of installation hampers the aviation airbags market growth. In addition, resistance in public acceptance and one-time use of airbags act as the key restraining factors of the global market. On the contrary, rise in use of airbags and increase in R&D activities to increase efficiency of airbag system in the aviation sector are expected to offer lucrative opportunity for aviation airbags market expansion.
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The global aviation airbags market is segmented into type, type of aircraft, material, application, and region. Depending on type, the market is bifurcated into passenger airbags and aircraft lifting airbags. Passenger airbags are sub segmented into pilot airbags and business class. Aircraft lifting airbags further divided into single element airbags, modular airbags, and multistage airbags. By type of aircraft, the aviation airbags market is segregated into military aircraft, civil aircraft, commercial aircraft, and others. As per material, it is fragmented into nylon 6, nylon 6,6, nitrile, neoprene, and others. The applications covered in the study include passenger safety and aircraft lifting. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major companies are adopting a number of strategies such as product launch, R&D, and others to strengthen their foothold in the market. Among these key players, AmSafe, Inc. is the leading manufacturer of aviation airbags systems for commercial and private aircraft.
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KEY BENEFITS FOR STAKEHOLDERS
• The aviation airbags market size has been analyzed across all regions.
• Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
• The report outlines the current market trends and future scenario of the market size to understand the prevailing opportunities and potential investment pockets.
• Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
• The key drivers, restraints, and aviation airbags market opportunities and their detailed impact analysis are elucidated in the study.
• The aviation airbags market analysis covers in-depth information of major aviation airbags industry participants.
Key Market Players
• AMS Aircraft Recovery Limited
• TECHNOKONTROL GLOBAL LTD.
• IUC Technologies
• Scroth Safety Products GmbH
• Nufox Rubber Limited
• AmSafe, Inc.