Market Overview:
The global airplane refrigerator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for refrigerated and frozen food items in airplanes. Additionally, the increasing number of long-haul flights is also contributing to the growth of this market. The global airplane refrigerator market can be segmented on the basis of type into refrigerators and freezers. The refrigerators segment is expected to account for a larger share of the global airplane refrigerator market than freezers during the forecast period. This can be attributed to their growing popularity among passengers as they offer a wide variety of food options that can be stored at different temperatures depending on their requirements.
Product Definition:
An airplane refrigerator is a small, compact refrigerator that is designed to fit into the tight spaces of an airplane. It is important because it keeps food cold and fresh during long flights.
Refrigerator:
Refrigerator is a cooling device that is used to store food and beverages. It works on the principle of condensation, wherein cold air from the surroundings flows over the stored items, thereby reducing their temperature. The reduction in temperature causes ice to form on the stored items, hence increasing its shelf life for a longer time span.
The global refrigerator market size was valued at USD 85 billion in 2016.
Freezer:
The freezer is used to store food and beverages at a very low temperature. It is an essential part of the airplane refrigerator as it stores ice for cooling drinks, fruits and vegetables for a long journey. The demand for such devices has been increasing due to its several advantages such as it helps in keeping the freshness of food items, reduces wastage of food items and also helps in retaining its nutritional value.
Application Insights:
Passenger planes accounted for the largest share of over 60.0% in 2017 and are expected to witness significant growth owing to increasing air travel demand across various regions. The cargo aircraft segment is also projected to witness considerable growth during the forecast period on account of rising demand for freighters across various industries.
The military aircraft segment is estimated to register a CAGR exceeding 8% from 2018 to 2030 as countries continue developing their armed forces, in light of growing geopolitical tensions around the world. Military aircraft require large quantities of fuel and hence use large volume passenger planes as refueling stations, which further drives up product demand in this application segment.
Military applications have led global aviation industry towards adopting advanced technologies such as electronic warfare (EW) suites on board fighter bombers that enhance situational awareness.
Regional Analysis:
North America dominated the global air-cooled refrigerator market in 2017. The growth is majorly driven by the U.S., which accounted for over 80% of North America’s total share in 2017. The U.S.
Asia Pacific region is anticipated to witness significant growth during the forecast period owing to increasing demand from emerging economies such as India.
Europe also held a considerable market share in terms of volume with France being one of its largest contributors followed by Germany.
Growth Factors:
- Increasing demand for perishable food items in the airline industry
- Growing popularity of air travel among the consumers
- Proliferation of low-cost carriers and budget airlines worldwide
- Rising investments in the aviation sector by various governments across the globe
- Technological advancements in airplane refrigeration systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Airplane Refrigerator Market Research Report
By Type
Refrigerator, Freezer
By Application
Cargo Aircraft, Passenger Planes, Military Aircraf
By Companies
Aerolux, Dynamo Aviation, Ipeco Holdings, ROCKWELL COLLINS, Safran, TECA, Collins 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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Airplane Refrigerator Market Report Segments:
The global Airplane Refrigerator market is segmented on the basis of:
Types
Refrigerator, Freezer
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
Cargo Aircraft, Passenger Planes, Military Aircraf
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:
- Aerolux
- Dynamo Aviation
- Ipeco Holdings
- ROCKWELL COLLINS
- Safran
- TECA
- Collins Aerospace
Highlights of The Airplane Refrigerator 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:
- Refrigerator
- Freezer
- By Application:
- Cargo Aircraft
- Passenger Planes
- Military Aircraf
- 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 Airplane Refrigerator 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An airplane refrigerator is a special type of refrigerator that is installed on an airplane. It is used to store food and beverages for passengers on flights.
Some of the key players operating in the airplane refrigerator market are Aerolux, Dynamo Aviation, Ipeco Holdings, ROCKWELL COLLINS, Safran, TECA, Collins Aerospace.
The airplane refrigerator 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 Airplane Refrigerator 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 Airplane Refrigerator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airplane Refrigerator 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 Airplane Refrigerator 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 Airplane Refrigerator Market Size & Forecast, 2018-2028
4.5.1 Airplane Refrigerator Market Size and Y-o-Y Growth
4.5.2 Airplane Refrigerator Market Absolute $ Opportunity
Chapter 5 Global Airplane Refrigerator 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 Airplane Refrigerator Market Size Forecast by Type
5.2.1 Refrigerator
5.2.2 Freezer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Airplane Refrigerator 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 Airplane Refrigerator Market Size Forecast by Applications
6.2.1 Cargo Aircraft
6.2.2 Passenger Planes
6.2.3 Military Aircraf
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airplane Refrigerator 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 Airplane Refrigerator 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 Airplane Refrigerator Analysis and Forecast
9.1 Introduction
9.2 North America Airplane Refrigerator 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 Airplane Refrigerator Market Size Forecast by Type
9.6.1 Refrigerator
9.6.2 Freezer
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 Airplane Refrigerator Market Size Forecast by Applications
9.10.1 Cargo Aircraft
9.10.2 Passenger Planes
9.10.3 Military Aircraf
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 Airplane Refrigerator Analysis and Forecast
10.1 Introduction
10.2 Europe Airplane Refrigerator 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 Airplane Refrigerator Market Size Forecast by Type
10.6.1 Refrigerator
10.6.2 Freezer
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 Airplane Refrigerator Market Size Forecast by Applications
10.10.1 Cargo Aircraft
10.10.2 Passenger Planes
10.10.3 Military Aircraf
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 Airplane Refrigerator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Airplane Refrigerator 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 Airplane Refrigerator Market Size Forecast by Type
11.6.1 Refrigerator
11.6.2 Freezer
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 Airplane Refrigerator Market Size Forecast by Applications
11.10.1 Cargo Aircraft
11.10.2 Passenger Planes
11.10.3 Military Aircraf
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 Airplane Refrigerator Analysis and Forecast
12.1 Introduction
12.2 Latin America Airplane Refrigerator 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 Airplane Refrigerator Market Size Forecast by Type
12.6.1 Refrigerator
12.6.2 Freezer
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 Airplane Refrigerator Market Size Forecast by Applications
12.10.1 Cargo Aircraft
12.10.2 Passenger Planes
12.10.3 Military Aircraf
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) Airplane Refrigerator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Airplane Refrigerator 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) Airplane Refrigerator Market Size Forecast by Type
13.6.1 Refrigerator
13.6.2 Freezer
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) Airplane Refrigerator Market Size Forecast by Applications
13.10.1 Cargo Aircraft
13.10.2 Passenger Planes
13.10.3 Military Aircraf
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 Airplane Refrigerator Market: Competitive Dashboard
14.2 Global Airplane Refrigerator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aerolux
14.3.2 Dynamo Aviation
14.3.3 Ipeco Holdings
14.3.4 ROCKWELL COLLINS
14.3.5 Safran
14.3.6 TECA
14.3.7 Collins Aerospace
