Aerospace Electrical De-icing System Market Is Anticipated To Grow At A Cagr Of 2.1% During 2020-2025

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The global aerospace electrical de-icing system market is projected to reach $181.8 million by 2025, at a CAGR of 2.1% during 2020-2025. The growth of aerospace electrical de-icing system market is driven by increasing penetration of composites in aircraft wings and empennage section.

Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the global aerospace electrical de-icing system market by aircraft type (civil aircraft, helicopter, and military aircraft), by application (wings, engine, and others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the aerospace electrical de-icing system market?
Q.4 What are some changing demands of customers in the aerospace electrical de-icing system market?
Q.5 What are the new developments in the aerospace electrical de-icing system market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented ...
... by key players for business growth?
Q.7 What are some of the competitive products and processes in this aerospace electrical de-icing system area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this aerospace electrical de-icing system market?
Emerging trends, which have a direct impact on the dynamics of the industry, includes low power electrical de-icing systems.

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Market Segmentation:
Based on application, the aerospace electrical de-icing system market is segmented into wings, engine. The wings segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to the wings are most vulnerable to icing problems during flight. Large wings in commercial aircraft, particularly larger models like the B787, require extensive electrical systems that are very costly.
North America is expected to remain the largest region and witness the highest growth over the forecast period due to a significant increase in aircraft deliveries in this region.
Key Players in the aerospace electrical de-icing system market are United Technologies Corporation, Zodiac Aerospace, Cox & Company, Meggit PLC, Rockwell Collins (B/E Aerospace), GKN, Ultra Electronics, ITT Inc.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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