Fire extinguisher is an active fire protection device that is used to extinguish small fires, often in emergencies such as no escape route, smoke, and explosion hazard. It consists of a hand-held cylindrical pressure vessel containing an extinguishing agent that can be discharged to put out a fire. Aircraft fire extinguishers are available in both handheld and remotely controlled. When a fire detection system detects a fire, pilots manually deploy remotely controlled fire extinguishers from the cockpit. Moreover, for non-electrical fires, halogenated hydrocarbons, inert cold gases, dry powders, and water are used as fire extinguisher aircraft.
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COVID-19 Impact Analysis:
- Governments across major countries have announced a lockdown because of the COVID 19 pandemic resulting in the halt in business. The lockdown and travel restrictions have severely affected the aviation industry since global air travel was halted. Moreover, due to lockdown, air travel was disrupted thus all the aircraft were stranded at the airport affecting the demand for aircraft fire extinguishers. Furthermore, the delivery of the already manufactured aircraft fire extinguishers was delayed due to lockdown. Furthermore, due to social distancing norms, there was the labor unavailability which was required for the manufacturing of aircraft fire extinguishers which further delayed the operation. Furthermore, there was the unavailability of raw material affecting the production of aircraft fire extinguishers. The aviation industry is developing sector that was severely affected by the pandemic, but it is expected to recover post-pandemic and drive the demand for aircraft fire extinguishers market.
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Top Impacting Factors
Rise in demand for safety in aircraft, increase in number of aircraft orders, and surge in demand for new fire extinguishing system drive the growth of the market.
Chemicals used in fire extinguishers are hazardous to health and faulty extinguishers hinder the growth of the market.
Rise in number of passengers opting for air travel, strict government rules & regulation regarding fire safety on-board the aircraft, and frequent routine check & replacement act as an opportunity for growth of the market.
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Key Benefits of the Report:
- This study presents the analytical depiction of the aircraft fire extinguishers market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with challenges of the aircraft fire extinguishers market.
- The current market is quantitatively analyzed from 2020 to 2030 to highlight the growth scenario of the aircraft fire extinguishers market.
- The report provides detailed aircraft fire extinguishers market analysis based on competitive intensity and the competition that will take shape in coming years.
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Questions Answered in the Aircraft Fire Extinguishers Market Research Report:
- Which are the leading market players active in the aircraft fire extinguishers market?
- What would be the detailed impact of COVID-19 on the market?
- What are the current trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the aircraft fire extinguishers market?
- What are the future projections that would help in taking further strategic steps?
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