Aircraft Ejection Seats Market size is set to grow by USD 71.31 million from 2023-2027, increasing demand for military aircraft globally boost the market, Technavio

Aircraft Ejection Seats Market size is set to grow by USD 71.31 million from 2023-2027, increasing demand for military aircraft globally boost the market, Technavio

Apr 16, 2024 by PR Newswire

Key Facts

  • Technavio has announced its latest market research report titled Global Aircraft Ejection Seats Market 2023-2027 For more insights on the historic (2017 - 2021) and forecast market size- Request a sample report Aircraft Ejection Seats Market Scope Report Coverage Details Base year 2022 Historic period 2017 - 2021 Forecast period 2023-2027 Growth momentum & CAGR Accelerate at a CAGR of 5.17% Market growth 2023-2027 USD 71.31 million Market structure Concentrated YoY growth 2022-2023 (%) 4.82 Regional analysis Europe, North America, APAC, Middle East and Africa, and South America Performing market contribution APAC at 34% Key countries US, China, Japan, France, and Germany Key companies profiled BAE Systems Plc, EDM Ltd., Martin-Baker Aircraft Co. Ltd., Raytheon Technologies Corp., and Rostec Segment Overview This aircraft ejection seats market report extensively covers market segmentation by Application (Combat aircraft, Training aircraft ) Type (Single seat, Twin seat ) Geography (Europe, North America, APAC, Middle East and Africa, South America) Market segmentation by Application The global Aircraft Ejection Seats market caters to the demand for safe egress solutions in both military and civil aviation sectors.
  • Insights on the market contribution of various segments including country and region wise, historic (2017 - 2021) and forecast market size- Download a Sample Report * The global aircraft ejection seats market is experiencing growth due to developments such as HAL's plan for a domestic joint venture in India and the Taiwanese Air Force's unveiling of an upgraded F-5 ejection seat.
    • The global aircraft ejection seats market faces cost challenges due to the substantial investment required for research, development, and manufacturing of these technologically advanced systems.
  • The combination of these factors is expected to fuel market growth and innovation in the aircraft ejection seats industry.

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