Aircraft De-Icing Market: 58% of Market Growth is Expected in North America between 2023-2028- Market size, share, and growth report 2028

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- The aircraft de-icing market size is expected to grow by USD 1.17 billion between 2023 and 2028. However, the growth momentum of the market will progress at a CAGR of 5.66% during the forecast period. North America is expected to drive 58% of market growth by 2028, according to Technavio analysts. The region boasts a mature market due to its leading airlines, aircraft manufacturers, and component suppliers. With renowned players throughout the supply chain, North America facilitates robust aircraft and de-icing equipment manufacturing activities. Major airlines are increasingly opting for next-generation aircraft, as seen with a recent agreement for 50 A321XLR and 100 A320neo family aircraft. Such procurement initiatives present substantial opportunities for aircraft de-icing providers. Effective ice removal is crucial for ensuring optimal performance and uptime for airline operations. These factors collectively propel market expansion in North America throughout the forecast period. View a Free PDF Sample 

The market is segmented by Product (De-icing systems, Deicer trucks, and De-icing chemicals and fluids), End-user (Commercial and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).

A significant element fueling the expansion of the worldwide aircraft de-icing industry is the increasing purchase of new aircraft. Aircraft original equipment manufacturers (OEMs) are investing in capacity expansion due to increased demand for aircraft, particularly in APAC. To enhance their local and regional client bases, Boeing and Airbus have both been growing their respective manufacturing and assembly facilities in China. With the anticipated rise in the purchase of new aircraft, there will be a similar rise in the need for aviation de-icing fluids and equipment. 

Key Highlights:

• The report recognizes the following as some of the key players in the aircraft de-icing market: Accessible Technologies Inc., Aero Mag, Aero Sense, AIRCRAFT DEICING INC., BASF SE, Clariant International Ltd., Dow Chemical Co., General Atomics, Global Ground Support LLC, Ground Support Specialist, Inland Group of Companies LLC, John Bean Technologies Corp., Kilfrost Group Plc, Larsen and Toubro Ltd., Mallaghan GA Inc., Proviron Industries NV, Raytheon Technologies Corp., Textron Inc., Tronair Inc., and Vestergaard Co.
• Aircraft De-Icing Market is fragmented in nature.
• Market to observe 5.46% YOY growth in 2024.

The increased focus on building centralized de-icing facilities (CDFs) is an emerging market trend. The high initial and operating costs hamper market growth.

The commercial segment is significant during the forecast period. De-icing is the process of removing snow, ice, or frost from aircraft surfaces before takeoff. This process uses de-icing chemicals and fluids such as acetate- and formate-based de-icers to ensure that aircraft surfaces are free of any buildup of ice, which can interfere with airflow and disrupt safe takeoff. Due to the post-pandemic recovery in the aviation industry, this segment experiences rapid growth. Various major aircraft OEMs have initiated the revamping of their existing production facilities to ensure scheduled deliveries of aircraft. Hence, such factors boost the segment growth during the forecast period.  Request a FREE Sample

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ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by End-user

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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