Environmental Control Systems Market is grow at CAGR of 4.34% from 2016 to 2022
[156 Pages Report] The environmental control systems market is estimated to grow from USD 3.27 Billion in 2016 to USD 4.22 Billion by 2022, at a CAGR of 4.34% from 2016 to 2022. The objectives of this study are to analyze the environmental control systems market, along with the statistics from 2016 to 2022 as well as to define, describe, and forecast the environmental control systems market on the basis of end user, platform, system, component, and region. The year 2015 has been considered to be the base year, whereas, 2016 to 2022 has been considered as the forecast period for the market study.
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Target Audience for this Report:
- Aircraft Manufacturers
- Environmental Control System Manufacturers
- Original Equipment Manufacturers (OEMs)
- Research Institutes and Organizations
- Military Service Providers
- Regulatory Bodies
- Sub-component Manufacturers
- Technology Support Providers
- Airline Operators
“Study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing the efforts and investments”.
Scope of the Report
This research report categorizes the environmental control systems market into the following segments and subsegments:
- By End User
- Defense
- Commercial
- By Platform
- Fixed Wing
- Commercial Fixed Wing Aircraft Type
- Defense Fixed Wing Aircraft Type
- Rotary Wing
- By System
- Air Supply & Management System
- Thermal Management & Control System
- Cabin Pressure & Control System
- By Component
- Temperature Regulator
- Pressure Regulator
- Heat Exchanger
- Valves
- Water Separator
- By Region
- North America
- Europe
- Asia-Pacific
- Middle East
- Rest of the World
Available Customizations
Along with the market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:
- Geographic Analysis
- Further breakdown of the Rest of the World market
- Company Information
- Detailed analysis and profiling of additional market players (up to five)
The environmental control systems market is estimated to grow from USD 3.27 Billion in 2016 to USD 4.22 Billion by 2022, at a CAGR of 4.34% from 2016 to 2022. Technological advancements in environmental control systems and growth in air traffic are the major factors driving the environmental control systems market and technological advancements.
On the basis of system, the thermal management & control system segment is estimated to lead the environmental control systems market during the forecast period. The growing demand for these systems can be attributed to the increasing amount of heat loads from various avionics functionality, environmental control system architectures, and high-temperature sensitivity of composite material systems as compared to the traditional metallic designs.
Among end users, the defense segment of the environmental control systems market is projected to grow at the highest CAGR during the forecast period. The growth of the defense segment of the environmental control systems can be attributed to huge investments being made by the U.S. defense to improve their battlefield capabilities.
The environmental control systems market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period. This growth of the environmental control systems market in Asia-Pacific is driven by the increasing air passenger traffic in the region. Increase in disposable income of people and growth in air passenger traffic have resulted in the rise in demand for new aircraft in the region, which, in turn, is fueling the demand for environmental control systems.
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