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
The continuously growing tempo of aircraft manufacturing and MRO activities directly impacts the aircraft component manufacturing industry. The rising demand for air travel is leading the aviation authorities across the globe to strictly scrutinize the component functioning and set rules and regulations for optimum operation. The ECS of an aircraft is an integral element, which plays a critical role in supply clean and pressurized air to the cabin. Attributing to the increase in passenger count, aircraft length, and increased engine size, the demand for robust ECS is triggering. This factor is driving the aircraft environmental control system market. In addition, the aircraft manufacturers are extensively focusing on a comfortable flight with improved fuel efficiency. Attributing to this, the demand for robust ECS and environmental protection system (EPS) is mounting among the aircraft manufacturers. This factor is also catalyzing the aircraft environmental control system market size.
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Some of the key manufacturers in the aircraft environmental control system market include; Fimac Spa, Honeywell International Inc., Jormac Aerospace, Liebherr Group, Mecaer Aviation, Meggit Plc., Omni Aerospace Inc., PBS Group, Safran SA, and Triumph Group, among others.
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.
The aircraft environmental control system market is categorized based on system, type, aircraft type, and geography. The different system include air conditioning system, temperature control system, aircraft pressurization system, bleed air system, and others. The bleed air segment is most prominent under the system segment throughout the forecast period. The type segment includes conventional ECS and electric ECS. While, the fixed wing aircraft and rotary wing aircraft are considered under the aircraft type segment. The fixed wing aircraft leads the market throughout the forecast period. Geographically, the aircraft environmental control system market is classified based on North America, Europe, Asia Pacific, Middle East, and Africa, and South America.
The aircraft environmental control system market ecosystem consists of well-established players as well as emerging companies. These companies strive hard to acquire contracts from the airframers worldwide, which helps in driving the market growth year on year.
Aircraft Environmental Control System Market – Geographic Breakdown, 2018
The report segments the global aircraft environmental control system market as follows:
Global Aircraft Environmental Control System Market – By System
- Air Conditioning System
- Temperature Control System
- Aircraft Pressurization System
- Bleed Air System
Global Aircraft Environmental Control System Market – By Type
- Conventional ECS
- Electric ECS
Global Aircraft Environmental Control System Market – By Aircraft Type
- Fixed Wing Aircraft
- Rotary Wing Aircraft
Global Aircraft Environmental Control System Market – By Geography
- North America
- Rest of Europe
- Asia Pacific (APAC)
- Rest of APAC
- Middle East and Africa (MEA)
- Saudi Arabia
- South Africa
- Rest of MEA
- South America (SAM)
- Rest of SAM
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This post was originally published on The Picayune Current