The global ice protection systems market was valued at $8.74 billion in 2019 and it is expected to grow with a growth rate of more than 5.45% during the forecast period of 2020 to 2027.
Ice protection system work in two ways either by deicing (remove ice after it has formed) manner or in anti-icing (prevent icing to form) way in aircrafts. The global ice protection system market is driven by various factors such as surge in number of aircrafts, and rise in demand for ice protection system by aircrafts manufacturing units. For instance, in 2018, Flyadeal purchased 3 new aircrafts and 30 Boeing 737 Max 8 with an investment of $5.9 billion and Fly Emirates invested $16 billion to purchase Airbus A380s in 2018 followed by an order of worth $21.4 billion of 30 new A350-900 and 40 new A330neo aircraft in 2019. Moreover, rise in need for passenger comfort, and surge in number of new airports are key factors expected to fuel the growth of the global ice protection system market. For instance, a new international airport is being built with an investment of $9.2 billion in the Mexico City replacing the existing international airport, the Benito Juarez. Furthermore, high cost associated with the ice protection system is a major factor hampering the growth of this global market during the forecast period.
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The global ice protection systems market is segmented on the basis of type, application, technology and platform.
By Type, the Global Ice Protection Systems Market is Sub-Segmented into:
By Application, the Global Ice Protection Systems Market is Sub-Segmented into:
By Technology, the Global Ice Protection Systems Market is Sub-Segmented into:
By Platform, the Global Ice Protection Systems Market is Sub-Segmented into:
By geographical region, the global ice protection systems market is studied among North America (US, Canada, Mexico), Europe (Germany, France, Italy, Spain, UK, rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, rest of Asia-Pacific) and LAMEA (Brazil, Saudi Arabia, South Africa, rest of LAMEA). North America is expected to lead ice protection system market during the forecast period due to rising adoption of air travel in this region. On the other hand, Asia-Pacific is expected to exhibit highest CAGR during the forecast period of 2020 to 2027 owing to high prevalence of air travel, and increasing disposable income of consumers across Asia-Pacific region.
Major market players included in the research study of the global ice protection systems market are Meggit PLC, Clariant, United Technologies Corporation, The DOW Chemical Company, Zodiac Aerospace, Cav Ice Protection, Inc., JBT Corporation, B/E Aerospace, Inc., Curtiss Wright, and Honeywell International Inc.
Recent Developments in the Global Ice Protection System Market
In March 2020, Clariant launched generation preservation booster Velsan Flex, specially designed to reduce the preservative amounts while keeping the antimicrobial protection in high aqueous formulations.
In March 2019, Curtiss-Wright’s unveiled the launch of new a heavy-duty, HI, multi-function grip specially designed to offer a wide range of discrete push-button switch functions and proportional roller, used in material handling, arduous construction, and agricultural in-cab applications.
In 2017, Zodiac Aerospace joined hands with France Safran to manufacture world’s third largest Aerospace for $33.12 (29.47 euros) per aircraft seat.
Key Topics Covered
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Ice Protection Systems Market, by Region, 2018-2027 (USD Billion)
1.2.2. Ice Protection Systems Market, by Type, 2018-2027 (USD Billion)
1.2.3. Ice Protection Systems Market, by Application, 2018-2027 (USD Billion)
1.2.4. Ice Protection Systems Market, by Technology, 2018-2027 (USD Billion)
1.2.5. Ice Protection Systems Market, by Platform, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ice Protection Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ice Protection Systems Market Dynamics
3.1. Ice Protection Systems Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Ice Protection Systems Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Ice Protection Systems Market, by Type
5.1. Market Snapshot
5.2. Global Ice Protection Systems Market by Type, Performance – Potential Analysis
5.3. Global Ice Protection Systems Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Ice Protection Systems Market, Sub Segment Analysis
5.4.1. Anti-Icing System
5.4.2. Deicing Systems
Chapter 6. Global Ice Protection Systems Market, by Application
6.1. Market Snapshot
6.2. Global Ice Protection Systems Market by Application, Performance – Potential Analysis
6.3. Global Ice Protection Systems Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Ice Protection Systems Market, Sub Segment Analysis
6.4.1. Engine Inlets
6.4.2. Nacelle
6.4.3. Wings
6.4.4. Tail
6.4.5. Propellers
6.4.6. Windshields
6.4.7. Sensors
6.4.8. Air Data Probe
Chapter 7. Global Ice Protection Systems Market, by Technology
7.1. Market Snapshot
7.2. Global Ice Protection Systems Market by Technology, Performance – Potential Analysis
7.3. Global Ice Protection Systems Market Estimates & Forecasts by Technology 2017-2027 (USD Billion)
7.4. Ice Protection Systems Market, Sub Segment Analysis
7.4.1. Electrical
7.4.2. Chemical
7.4.3. Others
Chapter 8. Global Ice Protection Systems Market, by Platform
8.1. Market Snapshot
8.2. Global Ice Protection Systems Market by Application, Platform – Potential Analysis
8.3. Global Ice Protection Systems Market Estimates & Forecasts by Platform 2017-2027 (USD Billion)
8.4. Ice Protection Systems Market, Sub Segment Analysis
8.4.1. Commercial Jets
8.4.2. Military Jets
8.4.3. Helicopters
Chapter 9. Global Ice Protection Systems Market, Regional Analysis
9.1. Ice Protection Systems Market, Regional Market Snapshot
9.2. North America Ice Protection Systems Market
9.2.1. U.S. Ice Protection Systems Market
9.2.1.1. Type breakdown estimates & forecasts, 2017-2027
9.2.1.2. Application breakdown estimates & forecasts, 2017-2027
9.2.1.3. Technology breakdown estimates & forecasts, 2017-2027
9.2.1.4. Platform breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Ice Protection Systems Market
9.3. Europe Ice Protection Systems Market Snapshot
9.3.1. U.K. Ice Protection Systems Market
9.3.2. Germany Ice Protection Systems Market
9.3.3. France Ice Protection Systems Market
9.3.4. Spain Ice Protection Systems Market
9.3.5. Italy Ice Protection Systems Market
9.3.6. Rest of Europe Ice Protection Systems Market
9.4. Asia-Pacific Ice Protection Systems Market Snapshot
9.4.1. China Ice Protection Systems Market
9.4.2. India Ice Protection Systems Market
9.4.3. Japan Ice Protection Systems Market
9.4.4. Australia Ice Protection Systems Market
9.4.5. South Korea Ice Protection Systems Market
9.4.6. Rest of Asia Pacific Ice Protection Systems Market
9.5. Latin America Ice Protection Systems Market Snapshot
9.5.1. Brazil Ice Protection Systems Market
9.5.2. Mexico Ice Protection Systems Market
9.6. Rest of The World Ice Protection Systems Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. The DOW Chemical Company
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Meggit PLC.
10.2.3. JBT Corporation
10.2.4. Clariant
10.2.5. B/E Aerospace, Inc.
10.2.6. United Technologies Corporation
10.2.7. Curtiss Wright
10.2.8. Zodiac Aerospace
10.2.9. Honeywell International Inc.
10.2.10. Cav Ice Protection, Inc.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
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