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Ice protection systems market worth 10.17 billion USD by 2021

Industrial Market Research

The major factors expected to fuel the growth of this market include increase in air traffic, new airline business models in emerging economies, and new airport projects in developed economies. The ice protection systems market is characterized by steady technological advances through new product developments.

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The report "Ice Protection Systems Market by Type, Technology (Chemical, Electrical), Platform (Commercial Jets, Military Jets, Helicopters), Application (Engine Inlets, Nacelle, Wings, Tail, Propellers, Windshields, Sensors, Air Data Probes), & Region - Global Forecasts to 2021", The ice protection systems market is estimated to be USD 7.91 Billion in 2016, and is projected to reach USD 10.17 Billion by 2021, at a CAGR of 5.14% from 2016 to 2021.

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The major difference between anti-icing and deicing system is that the former system prevents ice formation on the surface of a plane, whereas the latter helps in getting rid of the ice that is already accumulated over a plane’s surface. On the basis of type, the deicing systems segment is estimated to witness high growth, owing to the fact that at a certain height and temperature, in-built anti-icing systems cannot help prevent ice formation.

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In such a case, only deicing techniques help to get rid of the problem.

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The electrical segment of the market, segmented based on technology, is projected to be the fastest-growing segment of the ice protection systems market. The chemical segment is estimated to capture the second largest share in 2016 in ice protection systems market.

Electrical and chemical systems are used for both anti-icing and deicing purposes. Thermal pneumatic or pneumatic boots and electro impulse are majorly used for aircraft anti-icing and deicing.

Both the systems provide heat to components that require protection from ice buildup.

The ice protection systems market in Europe is projected to witness highest growth during the forecast period. The growth of the market in Europe can be attributed to factors such as increase in the number of aircraft deliveries and modernization of existing airports.

Also, with the increase in commercial travels, military operations, and flight operations in cold countries in the region have also increased, thus making installation of ice protection systems substantially crucial.

Major players in the ice protection systems market are Clariant (Europe), B/E Aerospace (U.S.), JBT Corporation (U.S.), United Technologies. (U.S.), CAV Ice Protection (U.K.), and Curtiss Wright (U.S.).

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