Aircraft Ice Protection System Market Share

North America Market Statistics

Regionally, the global aircraft ice protection system market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. North America industry is estimated to account for largest revenue share by 2036, on the back of presence of many ice protection systems and aircraft manufacturers in the region.

APAC Market Analysis

Furthermore, the global aircraft ice protection system market is also projected to grow at a remarkable pace in the Asia Pacific region during the forecast period. The growth of the market in the region can be accounted to the rising manufacturing of aircraft and the growing aircraft maintenance market in the region. For instance, in 2021, the only aircraft engine maintenance market was valued at around 5 billion U.S. dollars in the Asia Pacific region. All these factors are projected to boost the growth of the market in the region over the forecast period.

Frequently Asked Questions (FAQ)

Growing necessity to remove atmospheric ice from aircraft surface and increasing awareness of aircraft safety are the major factors driving the growth of the aircraft ice protection system market.

The market is anticipated to attain a notable CAGR over the forecast period, i.e., 2022 - 2031.

The major players in the market are CAV System Ltd, Safran incorporated, CLARIANT Corporate Group, Raytheon Technologies Corporation, Honeywell International Inc., and Curtiss-Wright Corporation.

Aircraft Ice Protection System Market Share