aerospace electrical de-icing system Industry is expected to reach $181.8 million by 2025
The future of the global aerospace electrical de-icing system market looks promising with opportunities in civil aircraft, helicopter, and military aircraft.The global aerospace electrical de-icing system market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $181.8 million by 2025 with a CAGR of 1% to 3% from 2020 to 2025. The major growth drivers for this market are aviation regulations and certification standards regarding aircraft safety, and the increasing penetration of composites in aircraft wings and empennage section.
Some of the aerospace electrical de-icing systems companies profiled in this report include United Technologies Corporation, Zodiac Aerospace, Cox & Company, Meggit PLC, Rockwell Collins (B/E Aerospace), GKN, Ultra Electronics, ITT Inc and others.
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