Ice Protection Systems Market Is Anticipated To Boost At A CAGR of 5.14% from 2016 To 2021

The global 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 - Global Forecasts to 2021”

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

The major difference between the 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 impulses are majorly used for aircraft anti-icing and deicing. Both systems provide heat to components that require protection from ice buildup.

Europe is expected to witness the highest growth during the forecast period

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

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.).

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