Market Overview:
The global aircraft cooling systems market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018-2030), according to a new study by Transparency Market Research (TMR). The vapor cycle air conditioning segment is expected to account for a major share of the global aircraft cooling systems market in terms of revenue, owing to its high efficiency and low weight. The general aviation application segment is anticipated to hold dominant position in the global aircraft cooling systems market during the forecast period. North America held leading position in 2017 and accounted for more than one-third share of the overall revenue generated by the global aircraft cooling systems market.
Product Definition:
An aircraft cooling system is a mechanism that removes heat from components in an aircraft. The importance of an effective cooling system is critical to the safe operation of an aircraft. Without a properly functioning cooling system, parts of the airplane can overheat and potentially cause a fire or other dangerous situation.
Air Cycle Air Conditioning:
Air cycle air conditioning (SCA) is a method of providing cooling to an aircraft that is based on the principle of creating a wind-driven circulation within the cabin. SCA systems are increasingly being used in modern aircraft as they contribute significantly towards reducing the overall weight, and therefore fuel consumption, of an aircraft. Additionally, studies suggest that if every seat in an airplane had access to an SCA system then it could reduce airborne obesity by 30%.
Vapor Cycle Air Conditioning:
Vapor cycle air conditioning (VCA) is a technology that extracts the heat from the refrigerant and disperses it into the atmosphere. It is used in aircraft cooling systems to reduce cabin temperature. VCA works by using a vapor compression system which uses hot air from outside to cool down the inside of an aircraft, thereby reducing its overall temperature.
The working principle of vapor cycle air conditioning is based on evaporation.
Application Insights:
The general aviation segment held the largest share of over 50.0% in 2017. General aviation aircraft are single-aisle, narrow-body propeller airplanes that seat fewer than 100 passengers and are typically less expensive to purchase than wide-body jets. These aircraft operate on short flights between cities and airports with a single stopover, which results in high demand for ACSS among such operators as it provides effective cooling at a lower cost.
Airline is expected to be the fastest growing application segment over the forecast period owing to increasing passenger traffic on long haul routes with higher temperatures onboard airplanes resulting in increased demand for air conditioning systems during summer season when temperature rise above 40°C onboard an airplane can cause discomfort to passengers resulting in reduced seating capacity and subsequently affecting revenues & operating margins of airlines negatively.
Regional Analysis:
The North American region dominated the market in 2017 owing to the presence of a large number of aircraft manufacturers and air-cooling system integrators. The growth can be attributed to rising demand for business jets, regional expansion by major aircraft OEMs, and rise in general aviation activities.
Asia Pacific is expected to witness significant growth over the forecast period due to increasing adoption by airline operators as well as low maintenance cost associated with these systems. Furthermore, growing trend towards reducing greenhouse emissions has led governments across various countries in Asia Pacific region including China, India and Japan among others have imposed regulations on such systems which is further likely to boost demand over next eight years.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers travelling for both business and leisure purposes. This is expected to drive the demand for aircraft cooling systems in the coming years.
- Technological advancements: Aircraft cooling systems are becoming more sophisticated with each passing day, with manufacturers focusing on incorporating advanced technologies that improve performance and efficiency. This is likely to boost the growth of the market in the near future.
- Stringent regulations: Governments across the world are implementing stringent regulations related to aircraft emissions and noise levels, which is driving airlines and Original Equipment Manufacturers (OEMs) towards adopting more fuel-efficient aircraft cooling systems. This will have a positive impact on market growth in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Cooling Systems Market Research Report
By Type
Air Cycle Air Conditioning, Vapor Cycle Air Conditioning
By Application
General Aviation, Airline, Business Aircrafts, Others
By Companies
Honeywell Aerospace, AERO Specialties, Inc., Global Aerospace Corporation, Aviatron, Aeroservicios USA Inc., Kelly Aerospace Inc., TEST-FUCHS Gmbh, Aeronamic, Honeywell Aerospace
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Cooling Systems Market Report Segments:
The global Aircraft Cooling Systems market is segmented on the basis of:
Types
Air Cycle Air Conditioning, Vapor Cycle Air Conditioning
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
General Aviation, Airline, Business Aircrafts, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell Aerospace
- AERO Specialties, Inc.
- Global Aerospace Corporation
- Aviatron
- Aeroservicios USA Inc.
- Kelly Aerospace Inc.
- TEST-FUCHS Gmbh
- Aeronamic
- Honeywell Aerospace
Highlights of The Aircraft Cooling Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Cycle Air Conditioning
- Vapor Cycle Air Conditioning
- By Application:
- General Aviation
- Airline
- Business Aircrafts
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Cooling Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft cooling systems are designed to keep a plane's engines and other critical components cool. The system uses water, air, or ice to transfer heat away from the aircraft.
Some of the key players operating in the aircraft cooling systems market are Honeywell Aerospace, AERO Specialties, Inc., Global Aerospace Corporation, Aviatron, Aeroservicios USA Inc., Kelly Aerospace Inc., TEST-FUCHS Gmbh, Aeronamic, Honeywell Aerospace.
The aircraft cooling systems market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Cooling Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Cooling Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Cooling Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Cooling Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Cooling Systems Market Size & Forecast, 2018-2028
4.5.1 Aircraft Cooling Systems Market Size and Y-o-Y Growth
4.5.2 Aircraft Cooling Systems Market Absolute $ Opportunity
Chapter 5 Global Aircraft Cooling Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Cooling Systems Market Size Forecast by Type
5.2.1 Air Cycle Air Conditioning
5.2.2 Vapor Cycle Air Conditioning
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Cooling Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Cooling Systems Market Size Forecast by Applications
6.2.1 General Aviation
6.2.2 Airline
6.2.3 Business Aircrafts
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Cooling Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Cooling Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Cooling Systems Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Cooling Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Cooling Systems Market Size Forecast by Type
9.6.1 Air Cycle Air Conditioning
9.6.2 Vapor Cycle Air Conditioning
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Cooling Systems Market Size Forecast by Applications
9.10.1 General Aviation
9.10.2 Airline
9.10.3 Business Aircrafts
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Cooling Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Cooling Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Cooling Systems Market Size Forecast by Type
10.6.1 Air Cycle Air Conditioning
10.6.2 Vapor Cycle Air Conditioning
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Cooling Systems Market Size Forecast by Applications
10.10.1 General Aviation
10.10.2 Airline
10.10.3 Business Aircrafts
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Cooling Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Cooling Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Cooling Systems Market Size Forecast by Type
11.6.1 Air Cycle Air Conditioning
11.6.2 Vapor Cycle Air Conditioning
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Cooling Systems Market Size Forecast by Applications
11.10.1 General Aviation
11.10.2 Airline
11.10.3 Business Aircrafts
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Cooling Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Cooling Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Cooling Systems Market Size Forecast by Type
12.6.1 Air Cycle Air Conditioning
12.6.2 Vapor Cycle Air Conditioning
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Cooling Systems Market Size Forecast by Applications
12.10.1 General Aviation
12.10.2 Airline
12.10.3 Business Aircrafts
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Cooling Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Cooling Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Cooling Systems Market Size Forecast by Type
13.6.1 Air Cycle Air Conditioning
13.6.2 Vapor Cycle Air Conditioning
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Cooling Systems Market Size Forecast by Applications
13.10.1 General Aviation
13.10.2 Airline
13.10.3 Business Aircrafts
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Cooling Systems Market: Competitive Dashboard
14.2 Global Aircraft Cooling Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell Aerospace
14.3.2 AERO Specialties, Inc.
14.3.3 Global Aerospace Corporation
14.3.4 Aviatron
14.3.5 Aeroservicios USA Inc.
14.3.6 Kelly Aerospace Inc.
14.3.7 TEST-FUCHS Gmbh
14.3.8 Aeronamic
14.3.9 Honeywell Aerospace
