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The Market of Aerospace Water and Waste Systems to grow beyond US$ 1,250.4 million by 2022

07-01-2019 09:27 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

The Market of Aerospace Water and Waste Systems to grow beyond US$

The new report of Stratview Research analyses the Aerospace Water and Waste Systems market over the trend period from 2011 to 2016 and forecast period from 2017 to 2022. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
• Strategic segmentation
• Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Detailed Competitive Rivalry landscaping
• Market trend and forecast analysis
• Future Growth Boulevards

Get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/190/aerospace-and-defense-water-and-waste-system.html

An overview: Increasing the demand or water and waste systems

The aerospace & defense water & waste systems market offers an attractive growth opportunity throughout the eco-system of the market. The aerospace water and waste systems market is likely to grow at a healthy CAGR of 5.1% over the next five years to reach US$ 1,250.4 million in 2022. Increasing deliveries of commercial aircraft, increasing demand for wide-body aircraft, increasing global aircraft fleet, high demand of hygiene and convenience by passengers during travel, and an advancement in lightweight and easy maintenance systems are some of the major growth drivers that are increasing the demand for water & waste systems in the global aerospace & defense industry.

Commercial aircraft: The growth engine

The aerospace & defense water & waste systems market is segmented based on aircraft type: commercial aircraft, regional aircraft, business jet, and military aircraft. Commercial aircraft has been the largest water & waste system market in the global aerospace & defense industry and is forecasted to remain the largest segment over the next five years as well. Increased production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B787; high number of lavatories per aircraft; and an expected entry of upcoming aircraft, such as Comac C919 are going to propel the demand for water & waste systems in the global commercial aerospace industry in coming five years. In addition to that, regional aircraft is also expected to grow at a healthy rate to ensure better hygiene and convenient journey to passengers.

Dominance of: Vacuum waste system

Based on system type, aerospace & defense water & waste systems market is segmented into potable water system, vacuum waste system, recirculating blue water system, and other systems. Vacuum waste system currently dominates the global aerospace & defense water & waste systems market and is projected to remain the largest system type during the forecast period. It is the most widely preferred waste system in all new aircraft, such as B787, A350XWB, and A380 as it offers several advantages over recirculating blue water system, such as low weight, high reliability, easy maintenance, and odor free. This system type would continue to replace recirculating waste systems in the foreseeable future.

A highly/moderately/fragment consolidated Market

Zodiac Water & Waste Systems, BE Aerospace, UTC Aerospace Systems, MT Aerospace, TransDigm Group Inc, Apparatebau Gauting GmbH, Albany International, and Yokohama Aerospace America Inc. are major companies that provide aircraft water and waste system solutions. New product development, proximity to the OEMs, regional expansion, and long-term contracts with customers are the key strategies adopted by the key players to gain a competitive edge in the market.

Regional Hegemony of North America

Based on the region, the global aerospace & defense water and waste systems market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to remain the largest market in the global aerospace & defense water and waste systems market over the next five years as it is manufacturing capital of aerospace & defense industry with the presence of several small to large OEMs, airlines, tier players including water & waste system manufacturers, and raw material suppliers. Asia-Pacific is likely to experience the fastest growth during the forecast period owing to upcoming commercial and regional aircraft, such as Comac C919 & ARJ21 and Mitsubishi MRJ and rising aircraft fleet size.

Comprehensive Market Coverage

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

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

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