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The global helicopter ice protection system market has the potential to grow by USD 67.63 million during 2019-2023. The growth momentum will accelerate throughout the forecast period and the market will grow at a CAGR of about 4%.
The advancements in electrical architecture in new-generation helicopters and the increased adoption of digital helicopter health and usage monitoring (HUMS) are some of the major factors are driving market growth. The US, Canada, and France are currently the major markets for helicopter ice protection systems.
The report provides a detailed analysis of the market by end-users and geography. Also, the report analyzes the market’s competitive landscape and offers information on several market vendors.
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The helicopter ice protection system market is concentrated, and the degree of concentration will remain the same during the forecast period. The market is competitive, and vendors are mainly competing in terms of new product development and R&D. Leonardo Spa, Liebherr-International AG, and Meggitt Plc, are some of the major market participants. Though the accelerating growth momentum will offer immense growth opportunities, factors such as ice protection systems not being standard fitments will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The report provides information on the production, sustainability, and prospects of several companies, including:
With the increasing focus to reduce the annual CO2 emissions, the aviation industry is preferring the usage of several electrical systems and components that can reduce the use of conventional pneumatic and mechanical systems. As a result, there is a growing preference for new-generation helicopters equipped with features such as electric-powered environment control system (ECS), electric de-icing, and electrical actuators. Considering the potential usage of electrical architecture in new generation helicopters, vendors are focusing on R&D activities and the adoption of additive manufacturing techniques. Such factors will subsequently drive helicopter ice protection system market growth over the forecast period.
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North America is a major market for helicopter ice protection systems. The robust aviation infrastructure and the highest number of operating helicopters are driving market growth in the region.
During the forecast period, over 29% of the overall market growth will originate from North America. However, market growth in this region will be slower than the growth of the market in Europe, South America, and MEA.
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The increasing need for commercial air transport operations, ranging from corporate shuffle and air taxi services to highly demanding offshore oil and gas duties are driving the demand for ice protection systems in the commercial and civil segment.
As a result, the helicopter ice protection system market size will steadily increase in this segment during the forecast period. Moreover, market growth in this segment will be faster than the growth of the market in the defense segment.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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