Market Overview:
The global aircraft trash compactors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for commercial and private aircraft, and the need for efficient waste management systems in these aircraft. The global aircraft trash compactor market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into full size, half size, and others. Full size trash compactors are more common in commercial aircraft as they offer more storage capacity as compared to half-size or other types of compactors. On the basis of application, the market is segmented into commercial aircrafts, private aircrafts, and others (military & para-public transport). Commercial aviation accounts for a major share of this market due to increasing air travel across different regions worldwide. The Asia Pacific region dominates this market followed by North America and Europe respectively owing to high passenger traffic in these regions.
Product Definition:
Aircraft Trash Compactors are machines that are used to compact trash on an aircraft. This is important because it helps to keep the aircraft clean and organized. It also makes it easier to dispose of the trash once the aircraft lands.
Full Size:
Full size is the largest type of aircraft trash compactors. It's primary function is to decrease the overall weight of an aircraft and increase its fuel efficiency. Full-size compactor are used in commercial as well as military aircraft, which have a maximum take-off weight of 12,500 pounds and a landing weight of 8,000 pounds.
Half Size:
A half-size is a device used to reduce the volume of waste generated by aircraft. It is an essential component in aircraft trash compactors. The function of half size varies depending on the type of compactor that it is attached to.
Application Insights:
The commercial aircraft segment dominated the market and accounted for more than 60.0% share of the global revenue in 2017. The demand for ADTCs is expected to increase as a result of rising passenger traffic on account of growing middle-class population, which has resulted in an increased number of air travelers across the globe. Moreover, governments around the world are taking initiatives to encourage private aircraft owners to use biofueled engines that produce less pollution during flight operations. This is anticipated to further drive product demand over the forecast period.
ADTCs compactors are used by commercial airlines and leasing companies as they offer benefits such as reduced fuel consumption by 20%.
Regional Analysis:
North America dominated the global aircraft trash compactors market in 2016 with a revenue share of over 35%. The region is expected to continue its dominance over the forecast period. This growth can be attributed to increasing air passenger traffic, high recycling rate of commercial aircraft and rising maintenance activities on account of growing fleet size. Furthermore, stringent government regulations regarding waste management are also driving industry growth in this region.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rapid development taking place in India and China as a result of industrialization and urbanization coupled with an increase in disposable income. Moreover, economic reforms have resulted into changes in lifestyle which has led people towards flying for leisure as well as business purposes thereby creating ample opportunities for industry expansion across this region during the estimated time span.
Growth Factors:
- Increasing demand for air travel due to globalization and rising disposable income in developing countries is expected to drive the growth of the aircraft trash compactor market.
- The increasing number of aircraft deliveries is also anticipated to fuel the demand for aircraft trash compactors over the forecast period.
- Stringent regulations by aviation authorities regarding waste management on board aircraft are expected to propel the demand for aircraft trash compactors in the coming years.
- The growing popularity of low-cost carriers and increasing passenger traffic are also projected to boost the growth of this market during the forecast period.
- Technological advancements in garbage disposal systems are likely to create new opportunities for players operating in this market during
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Trash Compactors Market Research Report
By Type
Full Size, Half Size, Others
By Application
Commercial Aircraft, Private Aircraft, Others
By Companies
Safran, Collins Aerospace, Iacobucci HF Aerospace, The Mel Group, Apex, Monogram Systems
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Trash Compactors Market Report Segments:
The global Aircraft Trash Compactors market is segmented on the basis of:
Types
Full Size, Half Size, Others
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
Commercial Aircraft, Private Aircraft, 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:
- Safran
- Collins Aerospace
- Iacobucci HF Aerospace
- The Mel Group
- Apex
- Monogram Systems
Highlights of The Aircraft Trash Compactors 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:
- Full Size
- Half Size
- Others
- By Application:
- Commercial Aircraft
- Private Aircraft
- 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 Trash Compactors 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.
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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 trash compactors are machines that help to reduce the amount of aircraft debris that is created. These compactors use a rotating drum to crush and compress the waste, which makes it easier for workers to remove and dispose of it.
Some of the major companies in the aircraft trash compactors market are Safran, Collins Aerospace, Iacobucci HF Aerospace, The Mel Group, Apex, Monogram Systems.
The aircraft trash compactors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Trash Compactors 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 Trash Compactors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aircraft Trash Compactors 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 Trash Compactors 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 Trash Compactors Market Size & Forecast, 2020-2028 4.5.1 Aircraft Trash Compactors Market Size and Y-o-Y Growth 4.5.2 Aircraft Trash Compactors Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Full Size
5.2.2 Half Size
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial Aircraft
6.2.2 Private Aircraft
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Trash Compactors 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 Trash Compactors 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Full Size
9.6.2 Half Size
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Commercial Aircraft
9.10.2 Private Aircraft
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Full Size
10.6.2 Half Size
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Commercial Aircraft
10.10.2 Private Aircraft
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Full Size
11.6.2 Half Size
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Commercial Aircraft
11.10.2 Private Aircraft
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Full Size
12.6.2 Half Size
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Commercial Aircraft
12.10.2 Private Aircraft
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Full Size
13.6.2 Half Size
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Commercial Aircraft
13.10.2 Private Aircraft
13.10.3 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 Trash Compactors Market: Competitive Dashboard
14.2 Global Aircraft Trash Compactors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Safran
14.3.2 Collins Aerospace
14.3.3 Iacobucci HF Aerospace
14.3.4 The Mel Group
14.3.5 Apex
14.3.6 Monogram Systems