Aircraft Environmental Control Systems Market Forecasted to reach US$ 7.7 billion in 2022

Stratview Research has launched a research report on Aircraft Environmental Control Systems Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aircraft Environmental Control Systems Market from 2017 to 2022.

This report is segmented in four ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
● by System Type (Air Conditioning and Temperature Control Systems, and Others)
● by Component Type (Heat Exchanger, Valves, and Others)
● and by Region
○ North America (Country Analysis: The USA, Canada, and Mexico)
○ Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of the Europe)
○ Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
○ Rest of the world (Country Analysis: Brazil, Argentina, and Others)

Stratview Research, has presented the study of Aircraft Environmental Control Systems Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Aero Space Controls Corporation, Curtiss-Wright Corporation, Honeywell International Inc., Jormac Aerospace, Liebherr-International AG, Mecaer Aviation Group, Meggitt, PLC., and United Technologies Corporation are major players in the global aircraft environmental control systems market. Advancement in technology and collaboration with OEMs are some of the key strategies adopted by major companies to gain a competitive edge over others.

Go through the detailed scope: https://www.stratviewresearch.com/toc/205/aircraft-environmental-control-systems-market.html

Or

Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/205/aircraft-environmental-control-systems-market.html

Increasing production of key commercial aircraft

The aircraft environmental control systems market is projected to grow at a healthy CAGR of 4.7% over the next five years to reach US$ 7.7 billion in 2022. Increasing production of key commercial aircraft, such as B737, B787, A320, and A350; expected entry of upcoming aircraft, such as C919 and E-2 jets; increasing electric content in aircraft; increasing defense spending mainly in developing economies; rising aircraft fleet; advancement in technology, and growing demand for improved flight experience are major growth drivers of the aircraft ECS market.

Commercial aircraft has been the largest segment in the market

The aircraft environmental control systems market is segmented based on aircraft type as commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Commercial aircraft has been the largest segment of the aircraft environment control systems market and is forecasted to remain the largest segment over the next five years as well. The aircraft segment is also likely to witness the fastest growth for the same period, driven by increasing production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B737; expected entry of upcoming aircraft, such as Comac C919; and rising aircraft fleet.

Bleed air systems segment to remain the largest system

The aircraft environmental control systems market is further segmented based on system type as air conditioning and temperature control systems, aircraft pressurization systems, bleed air systems, and others. Bleed air systems segment is expected to remain the largest system type in the aircraft ECS market during the forecast period; however, the introduction of bleed-less air systems in newer aircraft, such as B787 is expected to mitigate the growth of it over the next five years.

North America to remain the largest market

North America is projected to remain the largest market for environmental control systems during the forecast period. North America is the manufacturing capital of the aerospace industry with the presence of small to large OEMs in each aircraft category. The region also owns one of the largest commercial aircraft fleets worldwide. Asia-Pacific is expected to experience the fastest growth for the same period. The gradual shift of manufacturing/assembly plants of OEMs and upcoming indigenous commercial and regional aircraft, such as Comac C919, ARJ21, and MRJ, fuelled by increasing passenger traffic are likely to drive the demand in Asia-Pacific region in the coming years.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Market structure: Overview, industry life cycle analysis, supply chain analysis
● Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
● Market trend and forecast analysis
● Market segment trend and forecast
● Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
● Attractive market segments and associated growth opportunities
● Emerging trends
● Strategic growth opportunities for the existing and new players
● Key success factors.
● Research Methodology

This report studies the Aircraft Environmental Control Systems Market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
o Extensive secondary research,
o Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
o Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
o More than 700 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

This release was published on openPR.