[161 Pages Report] 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. The study on market aims to analyze the ice protection systems market as well as define, describe, and forecast the market on the basis of application, technology, platform, type, and region. The base year considered for the study is 2015, and the forecast period is from 2016 to 2021.
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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. The major factors expected to fuel the growth of this market include increase in air traffic, new airline business models in emerging economies, and new airport projects in developed economies. The ice protection systems market is characterized by steady technological advances through new product developments. These advances are driven by increased applications in which different deicing fluids and anti-icing equipment are used. The propagation of technology from conventional anti-icing solutions to advanced solutions, such as electro-expulsive separation systems, shape memory alloys, ultrasound technology, and electrical heating will further aid the growth of the market in near future.
Based on application, the market has been divided into engine-inlets, nacelle, wings, windshields, propellers, tail, sensors, and air data probes, among others. The windshield segment of the ice protection systems market is estimated to grow witness highest growth during the forecast period. The chances of ice build-up on windshields is generally the highest as compared to the other parts of the aircraft, which causes increase in the weight of the aircraft and blocks the front view of the pilot. It can result into aerodynamic stall and loss of control of the aircraft. Hence is the prime reason of driving the demand of ice protection systems for windshields.
The commercial jets segment of the market, segmented based on platform, is projected to witness highest growth during the forecast period, due to the active number of fleets globally and increase in air traffic globally. The installation of ice protection systems in any type of aircraft does not guarantee safety of flight in icing cold conditions unless the aircraft has gone through rigorous testing and is certificated to fly in such conditions. There are two types of deicing systems: the FAA certified systems and the non-hazard systems installed in the commercial jets, which protect the aircraft from accident caused by ice formation. Utilization of these systems is expected to drive the demand of ice protection systems.
The electrical segment of the market, segmented based on technology, is projected to be the fastest-growing segment of the market during the forecast period, as thermal pneumatic or pneumatic boots and electro impulse are majorly used for aircraft anti-icing and deicing.
The ice protection systems market in Europe is expected to witness the highest growth during the forecast period, as countries in Europe have been increasing their commercial fleet size due to increased air travel and passenger traffic and defense spending to strengthen their battle operational capacity. This is expected to consequently lead to increased demand of ice protection systems in the region.
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