DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Environmental Control Systems Market - Global Forecast to 2022" report to their offering.
The environmental control systems market is estimated to grow from USD 3.27 billion in 2016 to USD 4.22 billion by 2022, at a CAGR of 4.34% from 2016 to 2022. Increase in air traffic, especially in the Asia-Pacific and European regions, resulting in an increase in aircraft deliveries is the key factor driving the growth of the environmental control systems market. However, existing backlogs in aircraft deliveries is one of the significant factors restraining market growth.
Based on platform, the fixed wing segment accounted for the largest share of the environmental control systems market in 2016. This large market share can be attributed to the high demand for aircraft, due to continuous increase in passenger traffic, which is, in turn, contributing to the growth of the environmental control systems market.
North America accounted for the largest share of the environmental control systems market in 2016. This growth can be attributed to the demand for single aisle aircraft in North America, as single aisle aircraft are fuel-efficient and equipped with the new technology based on the More Electric Architecture (MEA). The growth of the environmental control systems market in North America is expected to be driven by the increase in deliveries of medium-sized aircraft during the forecast period. This market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period, owing to the increasing air passenger traffic.
- Aero Space Controls Corporation
- Air Innovations
- Curtiss-Wright Corporation
- Fimac Spa
- Honeywell International, Inc.
- Jormac Aerospace
- Liebherr-International AG
- Mecaer Aviation Group
- Meggitt, PLC.
- PBS Velka Bites
- United Technologies Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aircraft Environmental Control Systems Market, By End User
8 Aircraft Environmental Control Systems Market, By Platform
9 Aircraft Environmental Control Systems Market, By System
10 Aircraft Environmental Control Systems Market, By Component
11 Regional Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/t3t72w/environmental