Aircraft Fire Protection Systems Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to aircraft fire protection systems market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Aircraft Fire Protection Systems Market News

  • In January 2024, Blueshift, a renowned provider of aircraft thermal protection systems, was chosen as the key supplier of thermal protection systems for eVTOL aircraft manufacturer Lilium.

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Global Aircraft Fire Protection Systems Market size was valued at USD 1.24 billion in 2023 and is poised to grow from USD 1.3 billion in 2024 to USD 1.91 billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032). 

Aircraft fire protection systems market is a highly tough one to penetrate for new companies as making these systems is quite a capital-intensive task. This is why major companies are expected to continue to expand their market share and presence going forward. Aircraft fire protection systems market players are projected to continue to invest heavily in R&D of new products that will help them stay competitive in the global marketplace. Mergers, acquisitions, and collaborations are slated to be highly preferred strategies by established companies to expand their market share in the future. 'Kidde Aerospace & Defense (United States) ', 'Diehl Aviation (Germany) ', 'Gielle Industries (Italy) ', 'H3R Aviation (United States) ', 'Aerocon Engineering Co. (United States) ', 'Fire Fighting Enterprises Ltd. (United Kingdom) ', 'Siemens AG (Germany) ', 'UTC Aerospace Systems (United States) ', 'Advanced Aircraft Extinguishers (United States) ', 'Amerex Corporation (United States) ', 'Halma plc (United Kingdom) ', 'Lufthansa Technik AG (Germany) ', 'Orolia (France) ', 'Patol Ltd. (United Kingdom) ', 'Spectrex, Inc. (United States) ', 'Wormald (Australia) ', 'Consilium AB (Sweden) ', 'Minimax Viking GmbH (Germany) ', 'Nohmi Bosai Ltd. (Japan) ', 'Fike Corporation (United States) '

Airlines around the world are taking efforts to improve security for their passengers and give them a safe environment to fly in, this increased emphasis on passenger safety is estimated to promote aircraft fire protection systems market growth in the future.

Integration of Advanced Technologies: Aircraft fire protection systems providers should target the integration of advanced technologies such as artificial intelligence, IoT, and machine learning to optimize the efficacy of their products and offer more advanced features. Aircraft fire protection systems companies can leverage the use of advanced technologies to maximize their profitability and optimize the overall safety and security of the aircraft as well.

North America accounts for a massive revenue share of the global aircraft fire protection systems market owing to the presence of key airline companies and aircraft manufacturers in this region. Imposition of stringent mandates to ensure passenger and aircraft safety in countries such as Canada and the United State of which the latter one is leading regional market growth. Growing aircraft modernization programs in this region are also contributing to the rising aircraft fire protection system demand outlook in North America.

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Global Aircraft Fire Protection Systems Market
Aircraft Fire Protection Systems Market

Report ID: SQMIG20S2022

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