DUBLIN, October 18, 2017 /PRNewswire/ --
The "Global Aviation Life Rafts Market 2017-2021" report has been added to Research and Markets' offering.
The global aviation life rafts market to grow at a CAGR of 4.76% during the period 2017-2021.
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.
The latest trend gaining momentum in the market is Implementation of coated fabric for life rafts. The polyurethane-coated fabric (PCF) was introduced in the general aviation life raft market in the US in 1995. Zodiac Aero Evacuation Systems (Air Cruise Company) has been one of the pioneers in offering PCF fabric-based survival kits in the marine industry, as well as opted the same for some of their aviation life rafts models. This material displays several advantages over the traditional neoprene rubber that are widely used in life rafts. As claimed by Zodiac Aero Evacuation Systems, the use of PCM over conventional rubber can extend the service life of life rafts, with a potential of saving consumers' money. PCF also features other advantages like enhanced abrasion and puncture resistance attributes that ensure added protection in case of emergencies.
According to the report, one of the major drivers for this market is Implementation of stringent regulatory standards on safety equipment. Regulations and directions on standardization of aviation products will continue to command the airline business environment in future. The airline industry is now strengthening its brand value through its reinforced safety measures. These regulations are set by aviation regulatory bodies, such as FAA and EASA, and pertain to emission control techniques, improved safety measures during takeoff and landing, use of high-quality products, and provision of survival equipment on board.
Further, the report states that one of the major factors hindering the growth of this market is Removal of life rafts from aircraft flying within 400 nautical miles from coast. FAA can waive certain regulations only when an operator can assure that it is maintaining the highest levels of safety.
Key Market trends
- Implementation of coated fabric for life rafts
- Use of auto-inflatable life rafts
- Use of RFID-based life vests in aircraft
- EAM WORLDWIDE
- Revere Survival
- Survival Products
- WINSLOW LIFERAFT COMPANY
- Zodiac Aerospace
Other prominent vendors
- C&M Marine Aviation Services
Key Topics Covered:
- Executive Summary
- Scope Of The Report
- Research Methodology
- Market Landscape
- Market Segmentation By Seating Capacity
- Geographical Segmentation
- Decision Framework
- Drivers And Challenges
- Market Trends
- Vendor Landscape
For more information about this report visit https://www.researchandmarkets.com/research/tn23rc/global_aviation
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SOURCE Research and Markets