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Global Aircraft Ice Protection System Market 2019-2023| Increasing Focus on Design Enhancement of Docking Stations to Boost Growth| Technavio

May 14, 2019

LONDON--(BUSINESS WIRE)--May 14, 2019--

The global aircraft ice protection system market is expected to post a CAGR of over 6% during the period 2019-2023, according to the latest market research report by Technavio.

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Technavio has published a new market research report on the global aircraft ice protection system market from 2019-2023. (Graphic: Business Wire)

For sustaining amid a substantial rise in passenger air traffic, airline operators need to procure new aircraft and effectively satiate demand. Hence, major aircraft OEMs have begun revamping their existing production facilities to ensure timely deliveries. Many airlines have also unveiled their fleet upgrade plans. As of November 2018, Boeing had received net orders for 690 units of its aircraft models, while Airbus bagged net orders for 380 units during the same period. Such significant orders open up more business opportunities for aircraft ice protection system manufacturers as each aircraft incorporates a specific model and arrangement of ice protection equipment pre-installed ahead of final delivery. Hence, the increasing procurement of new aircraft will remain a significant growth driver of the market under review during the forecast period.

As per Technavio, the development of carbon nanotube (CNT) heater-based technology will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global aircraft ice protection system market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global aircraft ice protection system market: Development of carbon nanotube (CNT) heater-based technology

CNTs are specifically structured carbon allotropes with a length-to-diameter ratio exceeding 1 million. These structures exhibit extraordinary strength and are efficient conductors of heat and electricity. The CNT heater-based technology was pioneered by Metis Design and the Department of Aeronautics and Astronautics of the Massachusetts Institute of Technology (MIT). Since licensing the technology to UTC for commercial use in January 2017, it has been used extensively for developing ice protection systems to prevent and remove ice at critical junctures of an aircraft such as nacelles, wings, and stabilizers. Extensive research is ongoing across the world to develop ultra-light systems that can be used for constructing extremely lightweight ice protection systems. Systems made using CNT enable the deployment of lightweight heaters with increased damage tolerance and lower thermal inertia compared to traditional electrothermal systems. With a paradigm shift toward MEA architecture, the application and integration of CNT in ice protection systems will give a significant impetus to the market in focus.

“Apart from the development of CNT heater based technology, the use of laser pulse technology to develop new materials for ice protection is one other factor that is boosting the growth of the global market. The use of laser pulse technology to create nano-textured ultra-hydrophobic materials for preventing ice formation is picking up traction. The technique has a potential design framework that helps reduce maintenance costs compared to anti-icing coatings. Thus, the application of the technology in commercial and military aircraft will likely revolutionize the global ice protection system market,” says an analyst at Technavio.

Global aircraft ice protection system market: Segmentation analysis

This market research report segments the global aircraft ice protection system market by application (commercial aviation, military aviation, and business aviation) and geographical regions (North America, Europe, APAC, South America, and MEA).

The North American region led the market in 2018, followed by Europe, APAC, South America, and MEA respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth of over 1%.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS ELECTRONIC DESIGN AUTOMATION HARDWARE NETWORKS AUDIO/VIDEO TRANSPORT AIR SEMICONDUCTOR MOBILE/WIRELESS MANUFACTURING AEROSPACE STEEL INTERIOR DESIGN CONSTRUCTION & PROPERTY

SOURCE: Technavio Research

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PUB: 05/14/2019 10:15 AM/DISC: 05/14/2019 10:15 AM

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