Aircraft Environmental Control Systems Market Forecasted to reach US$ 7.7 billion in 2022

(I-BusinessNews.Com, March 05, 2019 )
Stratview Research has launched a research report on Aircraft Environmental Control Systems Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aircraft Environmental Control Systems Market from 2017 to 2022.

This report is segmented in four ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
● by System Type (Air Conditioning and Temperature Control Systems, and Others)
● by Component Type (Heat Exchanger, Valves, and Others)
● and by Region
○ North America (Country Analysis: The USA, Canada, and Mexico)
○ Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of the Europe)
○ Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
○ Rest of the world (Country Analysis: Brazil, Argentina, and Others)

Stratview Research, has presented the study of Aircraft Environmental Control Systems Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Aero Space Controls Corporation, Curtiss-Wright Corporation, Honeywell
International Inc., Jormac Aerospace, Liebherr-International AG, Mecaer Aviation Group, Meggitt, PLC., and United Technologies Corporation are major players in the global aircraft environmental control systems market. Advancement in technology and collaboration with OEMs are some of the key strategies adopted by major companies to gain a competitive edge over others.

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Increasing production of key commercial aircraft

The aircraft environmental control systems market is projected to grow at a healthy CAGR of 4.7% over the next five years to reach US$ 7.7 billion in 2022. Increasing production of key commercial aircraft, such as B737, B787, A320, and A350; expected entry of upcoming aircraft, such as C919 and E-2 jets; increasing electric content in aircraft; increasing defense spending mainly in developing economies; rising aircraft fleet; advancement in technology, and growing demand for improved flight experience are major growth drivers of the aircraft ECS market.

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

Stratview Research
Ritesh Gandecha

Source: EmailWire.Com