Aircraft Environmental Control Systems Market Scenario:
The aircraft environmental control system (ECS) helps provide air supply, thermal control and cabin pressurization for the passengers as well as the crew. Smoke detection, avionics cooling, and fire suppression are also considered part of an aircraft’s environmental control system.
The global market for aircraft environmental control systems will be growing in size at an impressive CAGR of 4.50% starting from 2018 to 2023 (forecast period), according to the new report by Market Research Future (MRFR). The market was estimated at USD 3460 Million in 2017. It is forecasted to surpass that value and reach the amount of USD 4506 Million by 2023.
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The market growth is likely to soar due to factors such as growing air traffic in the regions of the Asia Pacific and Europe, and resultant elevation in aircraft deliveries. Moreover, rapid technological advancements in the field are likely to propel the growth of Aircraft Environmental Control Systems Market in the forthcoming years. To the contrary, existing backlogs in aircraft deliveries could be a challenging factor for the market growth in the coming years.
Also, worth noting are factors like augmented production of commercial aircrafts, like B737, B787, A320, and A350; expected emergence of upcoming aircraft like C919 and E-2 jets, and increasing electric content in aircraft. These could provide a vast opportunity for the market, setting in motion the tremendous expansion of the market in the coming years.
Aircraft Environmental Control Systems Market Segmentation:
The Aircraft Environmental Control Systems Market has been segmented based on system, component, and end-user.
By system, the market depends on three key segments, which are air conditioning system, which holds the largest share in the global market, other segment being temperature control system, and the third being aircraft pressurization systems, which is touted to grow at the fastest rate. An increasing number of airports coupled with affordable air transport has given significant leeway to the air conditioning system market.
Component-wise segments in the global market are heat exchanger, water separator, temperature regulator, and pressure regulator. Wherein the heat exchanger segment has grabbed the largest market share. Whereas, the pressure regulator is the fastest growing segment among all the components. The heat exchangers market benefits from the increasing energy prices combined with stringent government regulations on the emission of CO2.
Depending on end-users, the market caters to commercial and defense, where the commercial segment holds the largest market share in the overall market, and the defense segment is the fastest growing market in the global market. Commercial aviation has developed significantly since the Second World War as various ex-military aircraft were crudely modified to transport cargo or passengers.
Aircraft Environmental Control Systems Market Regional Analysis:
Geographically, the Aircraft Environmental Control Systems Market covers the recent trends across the key regions of North America, Europe, Asia Pacific (APAC), Middle East and Africa, and Latin America. Among these, the North America region covers the largest share of the Global Aircraft Environmental Control Systems Market. The growth in the region can be credited to the massive demand for single-aisle aircraft, as single-aisle aircraft are fuel-efficient and are equipped with the new technology which is based on the More Electric Architecture (MEA). Moreover, the region of Asia Pacific is the fastest growing in the global market, with Europe and Latin America being important markets in the global market. The main reason behind this growth can be attributed to the increasing air passenger traffic.
Curtiss-Wright Corporation (U.S.), Liebherr-International AG (Switzerland), Honeywell International (U.S.), Fimac Spa (Italy), United Technologies Corporation (U.S.), Mecaer Aviation Group (Italy), Jormac Aerospace (U.S.), Meggitt PLC (U.K.), Aero Space Controls Corporation (U.S.), and Air Innovations (U.S.), and others.
Market Research Future, backed by an acute understanding of various markets, offers comprehensive coverage of various industries to its clients. Our research model boasts of an in-depth study of every parameter affecting the Aircraft Environmental Control Systems Market, offering insight into the nuances of the industry and at the same time, promoting consistently distinctive interpretations of every aspect.
Apart from this, primary & secondary methods of data collection have been used, which include primary interviews and data-collection from various credible sources. Accuracy forms the foundation of our thorough research, with the pillars being both the top-down and bottom-up approach toward market estimations as well as validations.
Global Aircraft Environmental Control Systems Market by System
• Air Conditioning Systems
• Temperature Control Systems
• Aircraft Pressurization Systems
Global Aircraft Environmental Control Systems Market by Component
• Heat Exchanger
• Water Separator
• Temperature Regulator
• Pressure Regulator
Global Aircraft Environmental Control Systems Market by End-User
Table Of Contents:
1. Executive Summary
2. Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.2. Research Objective
2.2.3. List Of Assumptions
3. Research Methodology
List Of Tables:
Table 1 Global Aircraft Environmental Control Systems Market: By Region, 2018-2023
Table 2 North America: Aircraft Environmental Control Systems Market: By Country, 2018-2023
Table 3 Europe Aircraft Environmental Control Systems Market: By Country, 2018-2023
Table 4 Asia-Pacific Aircraft Environmental Control Systems Market: By Country, 2018-2023
Table 5 Middle East And Africa Aircraft Environmental Control Systems Market: By Country, 2018-2023
Table 6 Latin America Aircraft Environmental Control Systems Market: By Country, 2018-2023
Table 7 Global Aircraft Environmental Control Systems System Market: By Regions, 2018-2023
Table 8 North America: Aircraft Environmental Control Systems System Market: By Country, 2018-2023
Table 9 Europe Aircraft Environmental Control Systems System Market: By Country, 2018-2023
Table 10 Asia-Pacific Aircraft Environmental Control Systems System Market: By Country, 2018-2023
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