Aircraft Fire Protection Systems Market Size
| Study Period | 2019-2029 |
| Market Size (2024) | USD 1.36 Billion |
| Market Size (2029) | USD 1.77 Billion |
| CAGR (2024 - 2029) | 5.45 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Aircraft Fire Protection Systems Market Analysis
The Aircraft Fire Protection Systems Market size is estimated at USD 1.36 billion in 2024, and is expected to reach USD 1.77 billion by 2029, growing at a CAGR of 5.45% during the forecast period (2024-2029).
- In recent years, a surge in air travel and advancements in aviation technologies have propelled the demand for aircraft fire protection systems. Stringent safety regulations imposed by aviation authorities worldwide underscore the market's importance. Regulatory bodies such as the Federal Aviation Administration (FAA) in the United States, the European Union Aviation Safety Agency (EASA), and the Civil Aviation Administration of China (CAAC) play critical roles in shaping fire safety standards and compliance.
- The industry’s growth trajectory is fundamentally dependent to the growth of the aviation sector, with key players playing a pivotal role in shaping its future. As the market evolves, collaboration between industry leaders and regulatory agencies remains critical to ensuring the highest standards of safety in aviation globally. A comprehensive range of technologies constitutes the market’s solutions, including advanced fire detection systems, alarm and warning systems, and sophisticated fire suppression systems for various commercial and military aircraft. These technologies operate by stringent international safety standards and regulations.
- However, the lack of proper aviation infrastructure and the imposition of additional aviation taxes in emerging economies may hamper aircraft sales and thereby dampen market prospects.
Aircraft Fire Protection Systems Market Trends
Commercial Aircraft Segment Will Showcase Highest Growth during the Forecast Period
The commercial aircraft segment is projected to show remarkable growth during the forecast period. The growth is attributed to the increasing number of aircraft deliveries and rising demand for advanced fire protection systems. Fire protection systems are mandatory to be equipped on all types of passenger and cargo aircraft to ensure the safety of passengers and cargo. Therefore, the growth of the fire protection systems is directly related to the growth of commercial aircraft during the forecast period. With an increase in air passenger traffic, procurement of commercial aircraft also saw a surge after the recovery from the COVID-19 impact.
Airlines are placing huge orders to meet the growing demand for passenger travel across the world. As of December 2023, Airbus has orders for around 2,000 aircraft while Boeing is leading second at around 1,200 orders. Out of these orders, Indigo’s order of 500 A320 family aircraft in June 2023 has remained the largest order in the commercial aviation industry. In addition, in November 2023, Emirates also announced an order of 95 Boeing B777 wide-body aircraft worth USD 52 billion. Such orders are aimed at enhancing the opportunities for fire protection system manufacturers to capture huge market. These aircraft is expected to delivered through the forecast period, thereby directly driving the growth of fire protection systems that needs to be installed onto the aircraft.
North America Dominates the Market During the Forecast Period
Due to the presence of a well-financed aviation industry, the highest aircraft fleet, and rising spending on the aviation sector, North America is expected to continue its market share domination during the forecast period. Higher air traffic resulted in the procurement of several aircraft by regional and international airline operators in the region. Boeing, one of the major aircraft OEMs based in the US, generates a huge demand for aircraft fire protection systems. As the OEMs receive new orders for aircraft, the demand is simultaneously generated for commercial aircraft fire protection systems, as the FAA mandates the installation of evacuation systems in all active aircraft.
Factors such as the availability of raw materials, political stability, and low production costs drove the establishment of new aerospace manufacturing facilities in the region. For instance, as part of its Air Superiority 2030 program, the US Air Force (USAF) is developing a pair of two new high-tech fighter aircraft, dubbed the Penetrating Counter Air. The integration of advanced weaponry necessitates the integration of sophisticated fire detection systems to detect even minor fires caused by the malfunction of any critical component of the aircraft.
In contrast, a similarly advanced fire suppression system is required to contain the spread of the fire and ensure minimal collateral damage to other systems of the aircraft. Thus, increasing focus on enhancing passenger security and the rising number of aircraft deliveries is driving the market across the region.
Aircraft Fire Protection Systems Industry Overview
The aircraft fire protection systems market is semi-consolidated in nature, with a presence of few local and global players with significant shares in the market. Some of the key players in the market are Parker-Meggitt (Parker Hannifin Corporation), RTX Corporation, Siemens AG, FFE Ltd, and Advanced Aircraft Extinguishers Ltd. Generally, the players in the market receive long-term contracts, and this allows the companies to include constant profits if there is demand for aircraft in the aviation industry.
A substantial market share is dominated by Parker-Meggitt (Parker Hannifin Corporation) and RTX Corporation, as they provide fire safety solutions for the majority of commercial aircraft and business jets. RTX Corporation provides fire protection systems to Airbus A220, Irkut MC-21-300, Airbus A380, Boeing B767, COMAC C919, Gulfstream G280, Gulfstream G650, etc. while, Meggitt PLC provides for aircraft programs like Airbus A320, Airbus A330, Airbus A350 XWB, Airbus A380, Airbus A400M, Boeing B737, Boeing B777, Boeing F/A-18 Super Hornet, Embraer E-Jet 170 series, Embraer E-Jet 190 series, and Embraer ERJ-145 series, among others.
Aircraft Fire Protection Systems Market Leaders
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Siemens AG
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RTX Corporation
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FFE Ltd
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Advanced Aircraft Extinguishers, Ltd.
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Meggitt (Parker Hannifin Corporation)
*Disclaimer: Major Players sorted in no particular order
Aircraft Fire Protection Systems Market News
- In September 2022, Parker-Hannifin Corporation completed the acquisition of UK-based aerospace and defense supplier Meggitt PLC for approximately GBP 6.3 billion (USD 7.28 billion). Meggitt provides fire detection and suppression systems, elastomeric seals for the B737 MAX, and electrical power conversion equipment.
- In June 2022, Satair, an Airbus services company involved in commercial aerospace aftermarket, signed a contract with Siemens AG to renew their exclusive distribution agreement. It covers airborne fire protection systems, including smoke detectors for the Asia-Pacific.
Aircraft Fire Protection Systems Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Type
5.1.1 Fire Detection Systems
5.1.2 Alarm and Warning Systems
5.1.3 Fire Suppression Systems
5.2 Aircraft Type
5.2.1 Commercial Aircraft
5.2.2 Military Aircraft
5.2.3 General Aviation Aircraft
5.3 Application
5.3.1 Cabin and Lavatories
5.3.2 Cockpit
5.3.3 Cargo Compartment
5.3.4 Engine and APU
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 United Kingdom
5.4.2.2 France
5.4.2.3 Germany
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 India
5.4.3.3 Japan
5.4.3.4 South Korea
5.4.3.5 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Rest of Latin America
5.4.5 Middle-East and Africa
5.4.5.1 Saudi Arabia
5.4.5.2 United Arab Emirates
5.4.5.3 Qatar
5.4.5.4 South Africa
5.4.5.5 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 RTX Corporation
6.2.2 Meggitt (Parker Hannifin Corporation)
6.2.3 Siemens AG
6.2.4 H3R Aviation Inc.
6.2.5 AMETEK Inc.
6.2.6 Advanced Aircraft Extinguishers, Ltd.
6.2.7 Gielle Group
6.2.8 Diehl Stiftung & Co. KG
6.2.9 FFE Ltd.
6.2.10 Curtiss-Wright Corporation
6.2.11 Southern Electronics Pvt Ltd
6.2.12 Amerex Corporation
6.2.13 Aerocon Engineering
6.2.14 Hazard Control Technologies, Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Aircraft Fire Protection Systems Industry Segmentation
A fire protection system is installed onboard an aircraft to extinguish or control the spread of fire and minimize the extent of damage caused to critical systems, which may result in a catastrophic failure.
The aircraft fire protection system market is segmented based on type, aircraft type, application, and geography. By type, the market is segmented into fire detection systems, alarm and warning systems, and fire suppression systems. By aircraft type, the market is divided into commercial aircraft, military aircraft, and general aviation aircraft. By application, the market is classified into cabin and lavatories, cockpit, cargo compartment, and engine and APU. The report also covers the market sizes and forecasts for the aircraft fire protection systems market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
| Type | |
| Fire Detection Systems | |
| Alarm and Warning Systems | |
| Fire Suppression Systems |
| Aircraft Type | |
| Commercial Aircraft | |
| Military Aircraft | |
| General Aviation Aircraft |
| Application | |
| Cabin and Lavatories | |
| Cockpit | |
| Cargo Compartment | |
| Engine and APU |
| Geography | |||||||
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Aircraft Fire Protection Systems Market Research FAQs
How big is the Aircraft Fire Protection Systems Market?
The Aircraft Fire Protection Systems Market size is expected to reach USD 1.36 billion in 2024 and grow at a CAGR of 5.45% to reach USD 1.77 billion by 2029.
What is the current Aircraft Fire Protection Systems Market size?
In 2024, the Aircraft Fire Protection Systems Market size is expected to reach USD 1.36 billion.
Who are the key players in Aircraft Fire Protection Systems Market?
Siemens AG, RTX Corporation, FFE Ltd, Advanced Aircraft Extinguishers, Ltd. and Meggitt (Parker Hannifin Corporation) are the major companies operating in the Aircraft Fire Protection Systems Market.
Which is the fastest growing region in Aircraft Fire Protection Systems Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Aircraft Fire Protection Systems Market?
In 2024, the North America accounts for the largest market share in Aircraft Fire Protection Systems Market.
What years does this Aircraft Fire Protection Systems Market cover, and what was the market size in 2023?
In 2023, the Aircraft Fire Protection Systems Market size was estimated at USD 1.29 billion. The report covers the Aircraft Fire Protection Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aircraft Fire Protection Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Aircraft Fire Suppression System Industry Report
Statistics for the 2024 Aircraft Fire Protection Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aircraft Fire Protection Systems analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
