According to a new market report published by Lucintel, the future of the aerospace electrical de-icing system market looks promising with opportunities in civil aircraft, helicopter, and military aircraft. The aerospace electrical de-icing system market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $181.8 million by 2025 with a CAGR of 1% to 3% from 2020 to 2025. 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"
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In this market, the major applications are 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 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 the launch of new aircraft models that have more electrical 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.
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.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the aerospace electrical de-icing system market by aircraft type, application type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Aerospace Electrical De-Icing System Market 2020-2025: Trends, Forecast, and Market Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the aerospace electrical de-icing system market by aircraft type, application, and region as follows:
By Aircraft Type ($M shipment analysis from 2014 to 2025):
Civil Aircraft
Helicopter
Military Aircraft
By Application Type ($M shipment analysis from 2014 to 2025):
By Region ($M shipment analysis from 2014 to 2025):
North America
Europe
Asia Pacific
The Rest of the World
This 92-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/aerospace-electrical-deicing-market.aspx or helpdesk@lucintel.com.
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