Transparency Market Research (TMR) presents a new publication on the global ice protection systems market. The report, titled “Ice Protection Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” provides a satisfactory analysis of the growth trajectory of the said market over the 2017-2025 forecast timeframe. According to the report analysis, the demand in the market is projected to rise at a notable CAGR until 2025, gaining traction from growth in ancillary industries. The report is a business decision making instrument developed by a group of seasoned research analysts to serve its audiences.
The ice protection systems market is primarily driven by rising air traffic and expansion on airports. The surging number of aircrafts and helicopters in recent years has significantly impacted the ice protection systems market. The rising number of airports worldwide, especially in cold countries is also stoking demand for ice protection systems. Not only this, the older ones are also being upgraded with ice protection technologies to prevent formation of ice on the aircraft’s surface.
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On the other hand, the growth of the market is slowed due to seasonal demand for ice protection systems and high cost involved in the maintenance of these systems.
The ice protection systems market is studied on the basis of type of system, technology, application, platform, and geography. By type of system, the ice protection system market is divided into deicing and anti-icing systems. On the basis of technology, the ice protection system market is segmented into chemical, electrical, bleed air technology, pneumatic bots. Of them, bleed air technology dominates the market based on technology followed by pneumatic bots. Commercial aircrafts, helicopters, and military aircrafts are the segments based on platform the ice protection systems market is divided in this report.
Key players in the ice protection systems market include DOW Chemical Company, JBT Corporation, BE Aerospace Inc., and Honeywell International.