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(Transportation-News.com, November 28, 2018 )
Stratview Research announces the launch of a new research report on Aircraft Environmental Control Systems (ECS) Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), by System Type (Air Conditioning and Temperature Control Systems, Aircraft Pressurization Systems, Bleed Air Systems, and Others), by Component Type (Heat Exchanger, Valves, Water Separator, Temperature Regulator, Pressure Regulator, Ducts, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022.
The Aircraft Environmental Control Systems (ECS) Market: Highlights
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.
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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.
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.
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Stratview Research
Ritesh Gandecha
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sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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