The growth of the ice protection systems market is expected to be fueled by factors, including increase in air traffic, new aircraft deliveries, new airline business models in emerging economies, and new airport projects in developed economies.
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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 deicing segment dominated the ice protection systems market in 2015.This can be attributed to the fact that that at a certain height and temperature, in-built anti-icing systems cannot completely prevent ice formation. In such a case, deicing systems help in removal of snow or ice from aircraft surface to facilitate safe aircraft operations.
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The ice protection systems market in Europe is projected to witness highest growth during the forecast period. Bad weather conditions in winter, increase in the number of aircraft deliveries, aircraft modernization programs, and modernization of existing airports, are the key factors expected to propel the growth of ice protection systems market in Europe.
Break-up of profile of primary participants for this report:
- By Company Type: Tier 1 – 35%, Tier 2 – 45% and Tier 3 – 20%
- By Designation: C level – 35%, Director level – 25%, Others – 40%
- By Region: North America - 45%, Europe – 20%, Asia-Pacific – 30%, RoW – 5%
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Key Points From Table Of Content:
13 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
13.2 Financial Highlights
13.3 The DOW Chemical Company
13.4 Meggit PLC.
13.5 JBT Corporation
13.7 B/E Aerospace, Inc.
13.8 United Technologies Corporation
13.9 Curtiss Wright
13.10 Zodiac Aerospace
13.11 Honeywell International Inc.
13.12 Cav Ice Protection, Inc.
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The study segments the ice protection systems market on the basis of type(anti-icing systems, deicing systems), application (engine inlets, nacelle, wings, tail, windshields, sensors, air data probes) technology(electrical, chemical, others), platform (commercial jets, military jets, helicopters), region (North America, Europe, Asia-Pacific, rest of the world). The report provides in-depth market intelligence regarding factors, such as drivers, restraints, opportunities, and industry-specific challenges that influence the growth of the ice protection systems market, along with analysis of micro markets with respect to individual growth trends, future prospects, and their contribution to the ice protection systems market.
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