The Global Aerospace Electrical De-Icing System Market is Expected to Grow With a CAGR of 3.2 Percent by 2023
IRVING, Texas, May 29, 2018 (Newswire.com) - According to a new market report published by Lucintel, the future of the global aerospace electrical de-icing system market looks promising with opportunities in civil aircraft, helicopter and military aircraft. The global aerospace electrical de-icing system market is expected to grow with a CAGR of 3.2 percent from 2018 to 2023. The major growth drivers for this market are aviation regulations and certification standards regarding aircraft safety, and the increasing penetration of composites in aircraft wings and empennage section.
Browse 32 Market Data Tables and 39 Figures spread through 92 Pages and in-depth TOC on "Aerospace Electrical De-Icing System Market - Global Forecast to 2023” @ http://www.lucintel.com/aerospace-electrical-deicing-market.aspx
In this market, the major usages of electrical de-icing systems are in wings, engine and others. Lucintel forecasts that wings will remain the largest application segment and it is also expected to witness the highest growth over the forecast period because wings are most vulnerable to icing problems during flight. Large wings in commercial aircraft, particularly larger models like the B787, require extensive electrical systems that are very costly.
Within the global aerospace electrical de-icing system market, civil aircraft (includes commercial aircraft, regional aircraft and general aviation) is expected to remain the largest segment and witness the highest growth by aircraft type. The growth of the civil aircraft segment is mainly driven by increasing aircraft deliveries and increasing penetration of composites in newly launched aircraft models with advanced technologies, like electric de-icing systems.
North America is expected to remain the largest region and witness the highest growth over the forecast period due to a significant increase in aircraft deliveries in this region.
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The key emerging trend, which has a direct impact on the dynamics of the industry, includes low-power electrical de-icing systems. United Technologies Corporation, Zodiac Aerospace, Cox & Company, Meggit PLC, Rockwell Collins (B/E Aerospace), GKN, Ultra Electronics and ITT Inc. are among the major providers of aerospace electrical de-icing systems.
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The study includes a forecast for the global aerospace electrical de-icing system market by aircraft type, application and region as follows:
By Aircraft Type ($M shipment analysis from 2012 to 2023):
· Civil Aircraft
· Helicopter
· Military Aircraft
By Application Type ($M shipment analysis from 2012 to 2023):
· Wings
· Engine
· Windshield
· Other
By Region ($M shipment analysis from 2012 to 2023):
· North America
· Europe
· Asia Pacific
· The Rest of the World
This 92-page research report will enable organizations to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
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Source: Lucintel