Aircraft Air Conditioning System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Aircraft air conditioning system is used to provide the aircraft with cold and hot air during the loading process on the ground. The system helps maintain convenient temperature for passengers. Aircraft air conditioning unit's air moves through one or two underbelly-connected hoses. There are two types of air conditioning systems for aircraft: warm cycle air conditioning and vapor cycle air conditioning. The warm cycle air conditioning system is primarily used in turbine-powered aircraft engine, while the vapor cycle air conditioning unit is used in reciprocating aircraft engines.

MARKET SCOPE

The "Global Aircraft Air Conditioning System Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aircraft air conditioning system market with detailed market segmentation by type, power, application and geography. The report provides key statistics on the market status of the leading aircraft air conditioning system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global aircraft air conditioning system market is segmented into air cycle air conditioning, vapor cycle air conditioning
  
•   On the basis of power, the market is segmented gasoline, electric, lpg, diesel
  
•   On the basis of application, the market is segmented general aviation, airline, business aircraft, others
  

MARKET DYNAMICS

Drivers:

•   Growth in the global aircraft air conditioning system market can be ascribed to the increase in aircraft fleet and rise in air travel among passengers. Furthermore, aircraft air conditioning systems are employed in various applications such as general aviation and business aviation. This is expected to fuel the market in the near future.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The aircraft air conditioning system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aircraft air conditioning system market in these regions.

IMPACT OF COVID-19 ON AIRCRAFT AIR CONDITIONING SYSTEM MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the aircraft air conditioning system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from aircraft air conditioning system market are anticipated to lucrative growth opportunities in the future with the rising demand for airport tugs in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aircraft air conditioning system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   MAK Controls and Systems Pvt. Ltd.
  
•   Aero Specialties, Inc.
  
•   Freightquip Pty Ltd.
  
•   JBT Ground Support Equipment
  
•   Tronair
  
•   JAMCO Corporation
  
•   Aeroservicios USA Inc.
  
•   Kelly Aerospace Inc.
  
•   Test-Fuchs GmbH
  
•   Air Comm Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aircraft Air Conditioning System Report Scope