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Ice Protection Systems Market worth 10.17 Billion USD by 2021

01-16-2017 11:14 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets.com

The report "Ice Protection Systems Market by Type, Technology (Chemical, Electrical), Platform (Commercial Jets, Military Jets, Helicopters), Application (Engine Inlets, Nacelle, Wings, Tail, Propellers, Windshields, Sensors, Air Data Probes), & Region - Global Forecasts to 2021", The ice protection systems market is estimated to be USD 7.91 Billion in 2016, and is projected to reach USD 10.17 Billion by 2021, at a CAGR of 5.14% from 2016 to 2021.

Browse 72 market data tables and 65 figures spread through 161 pages and in-depth TOC on “Ice Protection Systems Market”.

http://www.marketsandmarkets.com/Market-Reports/ice-protection-system-market-106416182.html

Early buyers will receive 10% customization on this report.

The deicing systems segment is projected to witness high growth during the forecast period

The major difference between anti-icing and deicing system is that the former system prevents ice formation on the surface of a plane, whereas the latter helps in getting rid of the ice that is already accumulated over a plane’s surface. On the basis of type, the deicing systems segment is estimated to witness high growth, owing to the fact that at a certain height and temperature, in-built anti-icing systems cannot help prevent ice formation. In such a case, only deicing techniques help to get rid of the problem.

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The electrical segment is estimated to witness highest growth during the forecast period

The electrical segment of the market, segmented based on technology, is projected to be the fastest-growing segment of the ice protection systems market. The chemical segment is estimated to capture the second largest share in 2016 in ice protection systems market. Electrical and chemical systems are used for both anti-icing and deicing purposes. Thermal pneumatic or pneumatic boots and electro impulse are majorly used for aircraft anti-icing and deicing. Both the systems provide heat to components that require protection from ice buildup.

Europe is expected to witness highest growth during the forecast period

The ice protection systems market in Europe is projected to witness highest growth during the forecast period. The growth of the market in Europe can be attributed to factors such as increase in the number of aircraft deliveries and modernization of existing airports. Also, with the increase in commercial travels, military operations, and flight operations in cold countries in the region have also increased, thus making installation of ice protection systems substantially crucial.

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The Dow Chemical company (U.S.) is one of the key players in the ice protection systems market

Major players in the ice protection systems market are Clariant (Europe), B/E Aerospace (U.S.), JBT Corporation (U.S.), United Technologies. (U.S.), CAV Ice Protection (U.K.), and Curtiss Wright (U.S.).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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