Press release
Aircraft De-Icing Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | B/E Aerospace Inc., BASF SE, General Atomic Technologies, Global Ground Support LLC,
Aircraft De-Icing Market Characteristics
The Business Research Company offers in-depth market insights through Aircraft De-Icing Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The aircraft de-icing market size has grown strongly in recent years. It will grow from $1.22 billion in 2023 to $1.29 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to cold climate operations, stringent safety regulations, expansion of air travel, increased frequency of snowstorms, rise in air traffic, focus on operational efficiency.
The aircraft de-icing market size is expected to see strong growth in the next few years. It will grow to $1.58 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to environmental regulations, integration of sensors and automation, growing airline fleets, increasing frequency of extreme weather events, international collaboration on standards. Major trends in the forecast period include advancements in de-icing technologies, environmentally friendly de-icing solutions, integration of smart de-icing systems, demand for de-icing equipment in emerging markets, stringent regulatory standards.
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Market Segmentation:
The aircraft de-icing market covered in this report is segmented -
1) By Equipment: De-Icing Trucks, Sweepers, Other Equipment
2) By Fluid Type: Type I, Type II, Type III, Type IV
3) By End User: Commercial, Military, Other Users
Major Driver - Growing Air Travel Demand Propels The Aircraft De-Icing Market
Increasing demand for air travel is expected to boost the growth of the aircraft de-icing market going forward. Air travel refers to the movement of passengers by flight to reach desired destination. Aircraft de-icing ensures passenger and crew safety during travel by removing ice and snow on the aircraft. For instance, according to the International Civil Aviation Organization, a Canada-based specialized agency of the United Nations, ice on the wings of an aircraft can reduce the wing lift by 30% and increase the drag by 40% creating a negative impact. Furthermore, in 2022, the number of air passengers increased by 47% compared to 2021. Therefore, increasing demand for air travel is driving the growth of the aircraft de-icing market.
Competitive Landscape:
Major companies operating in the aircraft de-icing market report are B/E Aerospace Inc., BASF SE, General Atomic Technologies, Global Ground Support LLC, John Bean Technologies Corporation, SDI Aviation Limited, Dow Inc., Collins Aerospace, Vestergaard Company A/S, Weihai Guangtai Airport Equipment Co.Ltd., Kilfrost Ltd., Contego De-icing Solutions, Tronair Inc., Cryotech Deicing Technology, Denge Airport Equipment, Safewing Ltd., Vaisala Corporation, Thales Group, Cavotec SA, ice shield limited, Zodiac Aerospace, Midland Aircraft Products Ltd., Ice Management Solutions LLC, Aircraft De-icing Inc., Baldwin Aviation, Textron Inc., GE Aviation, AEGEAN Aircraft Services, Norwegian Deicing Systems AS
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Top Trend - Innovative Solutions With Biodegradable And Non-Corrosive Fluid For In-Flight Ice Protection
Product innovation have emerged as the key trend gaining popularity in the aircraft de-icing market. Major companies operating in the aircraft de-icing market are developing advanced products using new methods and techniques to strengthen their position in the market. For instance, in October 2023, CAV Systems Ltd., a UK-based provider of fluid-based ice protection systems, launched TKS 406 BIO. It is a uniquely designed fluid, intended for use in CAV's TKS in-flight anti-ice and de-ice protection system, is biodegradable and non-corrosive. Located on the leading edges of the aircraft, it is distributed from titanium panels that have been laser drilled. The mixture does not stick to the frame as aerodynamic forces whisk it away once it combines with supercooled water in the clouds.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Aircraft De-Icing Market Characteristics
3. Aircraft De-Icing Market Trends And Strategies
4. Aircraft De-Icing Market - Macro Economic Scenario
5. Aircraft De-Icing Market Size And Growth
…..
27. Aircraft De-Icing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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