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(Transportation-News.com, January 24, 2019 )
Stratview Research has published a new research report on Aircraft Environmental Control Systems Market. This extensive report by Stratview Research analyses the growth of Aircraft Environmental Control Systems Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022 under the following segments -
● 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, Europe, Asia-Pacific, and RoW)
Go through the detailed scope: https://www.stratviewresearch.com/toc/205/aircraft-environmental-control-systems-market.html
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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.
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.
Top market players
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 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.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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