PUBLISHER: The Business Research Company | PRODUCT CODE: 1413974
PUBLISHER: The Business Research Company | PRODUCT CODE: 1413974
“Aircraft De-Icing Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aircraft de-icing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aircraft de-icing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The aircraft de-icing market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
Aircraft de-icing is the complete removal of frost, snow, ice, or slush from an aircraft's surface, essential for eliminating hazardous ice build-up that can disrupt aerodynamics during take-off and landing.
Key equipment for aircraft de-icing comprises specialized vehicles such as de-icing trucks and sweepers. De-icing trucks are equipped with large tanks holding de-icing solutions, such as glycol. These trucks are crucial in applying various types of fluids-Type I, Type II, Type III, and Type IV-to de-ice aircraft, serving commercial, military, and other users' needs.
The aircraft de-icing market research report is one of a series of new reports from The Business Research Company that provides aircraft de-icing market statistics, including the aircraft de-icing industry's global market size, regional shares, competitors with an aircraft de-icing market share, detailed aircraft de-icing market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft de-icing industry. This aircraft de-icing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aircraft de-icing market size has grown strongly in recent years. It will grow from $1.22 billion in 2023 to $1.29 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The expansion observed in the historical period can be linked to operations in cold climates, strict safety regulations, the growth of air travel, more frequent occurrences of snowstorms, increased air traffic, and a concentrated emphasis on operational efficiency.
The aircraft de-icing market size is expected to see strong growth in the next few years. It will grow to $1.58 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The projected growth in the upcoming period is driven by environmental regulations, the incorporation of sensors and automation, the expansion of airline fleets, the heightened occurrence of extreme weather events, and global cooperation on setting standards. Significant trends anticipated in this forecast period encompass progressions in de-icing technologies, the adoption of environmentally sustainable de-icing solutions, the integration of intelligent de-icing systems, the increased demand for de-icing equipment in emerging markets, and the enforcement of stringent regulatory standards.
The anticipated surge in demand for air travel is expected to significantly bolster the aircraft de-icing market in the coming years. Air travel, which involves the transportation of passengers by flight to their destinations, necessitates stringent safety measures, including effective aircraft de-icing processes. De-icing procedures are crucial for ensuring the safety of passengers and crew by removing ice and snow accumulation on aircraft surfaces. Notably, the International Civil Aviation Organization highlights that ice accumulation on aircraft wings can diminish wing lift by up to 30% and increase drag by 40%, creating adverse effects on flight performance. Additionally, in 2022, there was a substantial 47% increase in the number of air passengers compared to the preceding year. This surge in air travel demand is a pivotal factor driving the growth trajectory of the aircraft de-icing market, emphasizing the critical need for these safety procedures in ensuring safe and efficient air travel.
The growing emphasis on environmental consciousness is poised to propel the expansion of the aircraft de-icing market. Environmental consciousness signifies an awareness of the interdependence between humans and the environment, emphasizing the imperative to protect and conserve natural resources. This heightened awareness has spurred the development of environmentally friendly de-icing solutions, prompting the adoption of new technologies and practices in this domain. For instance, findings from a survey conducted across 24 countries by Mastercard Inc. in April 2021 revealed that 85% of adults were willing to take action to address environmental and sustainability challenges, with 58% expressing mindfulness regarding their impact on the environment. Consequently, the burgeoning environmental consciousness among individuals and industries is fostering the growth of the aircraft de-icing market, driving the demand for eco-friendly de-icing solutions to mitigate environmental impact while ensuring aircraft safety.
Product innovation stands out as a prominent trend driving evolution within the aircraft de-icing market, with major companies focusing on developing advanced products and forging strategic collaborations to enhance their market presence. For instance, CAV Systems Ltd., a UK-based provider of fluid-based ice protection systems, unveiled TKS 406 BIO in October 2023. This specially designed fluid, intended for use in CAV's TKS in-flight anti-ice and de-ice protection system, boasts biodegradability and non-corrosiveness. Applied on the aircraft's leading edges through titanium panels with laser-drilled holes, the mixture disperses aerodynamically once it encounters supercooled water in clouds, eliminating residue buildup on the aircraft frame.
Major players in the aircraft de-icing market are prioritizing collaborative efforts and partnerships to deliver reliable services and drive innovation. One such collaboration occurred in March 2022 between TKH Airport Solutions BV, a Netherlands-based provider of airfield ground lighting (AGL), and JCAII Inc., a Canada-based company offering airport software and equipment. Their joint endeavor aimed at developing an advanced smart de-icing pad leveraging TKH's CEDD airfield ground lighting technology-a low-voltage system employing contactless energy and communication technology.
In August 2022, Agility Logistics, a Kuwait-based supply chain service company, completed the acquisition of John Menzies Plc for GBP 763 million ($900 million). This acquisition culminated in the combination of the acquired business with its National Aviation Services (NAS) business, now operating as Menzies Aviation. This move aims to offer customers top-tier services and implement best industry safety practices. Agility brings its resources to the table, focusing on innovative solutions and technological advancements to drive the combined success of Menzies Aviation. Menzies Aviation, previously known as John Menzies Plc, is a UK-based aviation company operating within the aircraft de-icing market.
Major companies operating in the aircraft de-icing market report are B/E Aerospace Inc., BASF SE, General Atomic Technologies, Global Ground Support LLC, John Bean Technologies Corporation, SDI Aviation Limited, Dow Inc., Collins Aerospace, Vestergaard Company A/S, Weihai Guangtai Airport Equipment Co.Ltd., Kilfrost Ltd., Contego De-icing Solutions, Tronair Inc., Cryotech Deicing Technology, Denge Airport Equipment, Safewing Ltd., Vaisala Corporation, Thales Group, Cavotec SA, ice shield limited, Zodiac Aerospace, Midland Aircraft Products Ltd., Ice Management Solutions LLC, Aircraft De-icing Inc., Baldwin Aviation, Textron Inc., GE Aviation, AEGEAN Aircraft Services, Norwegian Deicing Systems AS
North America was the largest region in the aircraft de-icing market in 2023. The regions covered in the aircraft de-icing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the aircraft de-icing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The aircraft de-icing market consists of sales of de-icing and anti-icing fluids such as ADF (aircraft de-icing fluid), ADAF (aircraft deicer and anti-icer fluid) or AAF (aircraft anti-icing fluid), refractometer, and pneumatic de-icing boots. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.