Aircraft Environmental Control System Market Growth Prospects to 2027 – TOP Vendors are Fimac Spa, Honeywell International Inc., Jormac Aerospace, Liebherr Group, Mecaer Aviation

Global aircraft environmental control system market is expected to grow from US$ 3.67 Bn in 2018 to US$ 6.14 Bn by the year 2027. This represents a CAGR of 6.0% from the year 2019 to 2027.

The continuously growing tempo of aircraft manufacturing and MRO activities directly impacts the aircraft component manufacturing industry. The rising demand for air travel is leading the aviation authorities across the globe to strictly scrutinize the component functioning and set rules and regulations for optimum operation. The ECS of an aircraft is an integral element, which plays a critical role in supply clean and pressurized air to the cabin. Attributing to the increase in passenger count, aircraft length, and increased engine size, the demand for robust ECS is triggering. This factor is driving the aircraft environmental control system market. In addition, the aircraft manufacturers are extensively focusing on a comfortable flight with improved fuel efficiency. Attributing to this, the demand for robust ECS and environmental protection system (EPS) is mounting among the aircraft manufacturers. This factor is also catalyzing the aircraft environmental control system market size.

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Leading key Market players Mentioned in the Report:- Fimac Spa, Honeywell International Inc., Jormac Aerospace, Liebherr Group, Mecaer Aviation, Meggit Plc., Omni Aerospace Inc., PBS Group, Safran SA, and Triumph Group, among others.

This study offers a comprehensive, 360 degree analysis on the Aircraft Environmental Control System Market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Aircraft Environmental Control System Market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The aircraft environmental control system market is foreseen to witness growth in the coming years. This is majorly attributed to the increasing demand for single-aisle and wide-body aircraft in the developing countries of the Asia Pacific and Europe. According to Airbus Global Market Forecast (GMF), the Asia Pacific region is anticipated to procure additional 15,895 aircraft by 2037, from a fleet size of 6,912 in 2018. Similarly, European airlines cumulatively are expected to add 8,434 aircraft by the end of 2037. The significant demand for aircraft in these two regions is posing a prominent future for aircraft component manufacturers business, including aircraft ECS suppliers.

The key stakeholders of the aircraft ECS market are raw material suppliers, ECS manufacturers, MROs, and aircraft manufacturers. The raw material suppliers deliver aluminum, copper, among others to the ECS manufacturers. These raw material suppliers regularly face tremendous pressure from the ECS manufacturing companies to deliver high-quality raw materials. The brand value of raw material suppliers is of utmost important attributing to the fact that the quality of the material is essential for the aircraft ECS companies. With an objective to maintain long term business relationships, the raw material suppliers strive hard to deliver the highest quality materials at a competitive price. The aircraft ECS companies manufacture ECS for aircraft manufacturers and MROs.

The report is an in-depth analysis of the Aircraft Environmental Control System Industry. It allows the market players, investors, and interested individuals to understand the market trends and growth opportunities in the space and devise strategies for business growth. It underlines the drivers, restraints, and opportunities affecting the industry and discusses the market size and share, segmentation, and technology trends that prevail. Information about the key players operating in the market are also discussed.

The report segments the global aircraft environmental control system market as follows:

• Global Aircraft Environmental Control System Market – By System
o Air Conditioning System
o Temperature Control System
o Aircraft Pressurization System
o Bleed Air System
o Others

• Global Aircraft Environmental Control System Market – By Type
o Conventional ECS
Electric ECS

• Global Aircraft Environmental Control System Market – By Aircraft Type
o Fixed Wing Aircraft
o Rotary Wing Aircraft

• Global Aircraft Environmental Control System Market – By Geography
o North America
 US
 Canada
 Mexico

o Europe
 France
 Germany
 Russia
 UK
 Rest of Europe

o Asia Pacific (APAC)
 Australia
 China
 India
 Japan
 Rest of APAC

o Middle East and Africa (MEA)
 Saudi Arabia
 UAE
 South Africa
 Rest of MEA

o South America (SAM)
 Brazil
 Rest of SAM

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This release was published on openPR.