Aircraft Environmental Control System Market Recent Technological Advancements to Propel Growth of the Market in Foreseeable Future 2027

The 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.

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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.

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Aircraft Environmental Control System Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 Porter’s Five Forces Analysis

4.3.1 Bargaining Power of Buyers:

4.3.1.1 Increasing Aircraft Orders from Airlines and Military Forces

4.3.2 Bargaining Power of Suppliers:

4.3.2.1 Supplier Concentration is Moderately Growing

4.3.3 Threats to Substitutes:

4.3.3.1 No Substitutes Available in the Market

4.3.4 Threats of New Entrants:

4.3.4.1 Smaller Players are entering the Market

4.3.5 Degree of Competition:

4.3.5.1 Existence of both Industry Recognized as well as Emerging Companies Intensify the Competitive Scenario

5. Aircraft Environmental Control System Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Significant growth in the number of aircrafts is having a positive impact on the environment control system market

5.1.2 The increasing demand for improved cabin safety and comfort

5.2 Key Market Restraints

5.2.1 Limited developments in terms of technological advancements, material used, and application is impacting the market growth

5.3 Key Market Opportunities

5.3.1 Electrification of Environment Control System and Electric Aircraft

5.4 Future Trends

5.4.1 Manufacturers initiatives towards ECS fouling prediction and maintenance systems

5.5 Impact Analysis of Drivers and Restraints

Global Aircraft Environmental Control System Market - Companies

• FIMAC S.p.A
• Honeywell International Inc.
• Jormac Aerospace
• Liebherr Group
• Mecaer Aviation Group
• Meggit Plc
• Omni Aerospace Inc.
• PBS Group, A.s.
• Safran AeroSystem
• Triumph Group, Inc.

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