Market Insights
In the aircraft industry, various systems are designed to ensure safety and comfort for the crew and passengers. Aircraft are designed to provide comfort to the passenger throughout the flight with the implementation of various services. The basic elements of almost all aircraft are water & waste systems as they are pivotal for providing passengers with a functional lavatory that is proficient in the distribution of water and proper disposal of waste. Moreover, the water system also supplies fluids for the galley sink. Increasing aircraft deliveries, rising demand for wide-body aircraft, expanding global aircraft fleet, growing demand for hygiene and passenger comfort, and advancements in lightweight and easy maintenance systems are driving the aircraft water & waste system market.
The aircraft industry has already been in distress in 2019 and the sudden outbreak of the pandemic increased the industry challenges, resulting in a sharp plunge of -44% YoY in the aerospace water & water system market in 2020. A steady recovery was anticipated in 2021; however, the industry stakeholders’ hope thrashed away due to gloomy market conditions including postponement or cancellation of orders by airlines in the year 2021. After mammoth declines in the past two consecutive years, it is hoping for a fast recovery. Overall, the aircraft water & waste system market is likely to rebound at a promising CAGR of 10.4%, in the long run, to reach US$ 1.1 billion in 2028.
Segments' Analysis
Aircraft Type
The aircraft water & waste systems market is segmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets. Narrow-body aircraft is expected to remain the largest and fastest-growing aircraft type in the market during the forecast period. Projected increase in production rates of key narrow-body aircraft, such as B737, A320, and A220, and a high number of lavatories per aircraft are going to propel the demand for water & waste systems in the narrow-body aircraft in the coming five years.
System Type
The market is segmented into water systems, vacuum waste systems, and other systems. The vacuum system is expected to remain the dominant as well as the fastest-growing system type in the market during the forecast period. It is the most widely preferred waste system in all new aircraft as it offers several advantages over recirculating blue water systems, such as low weight, high reliability, easy maintenance, and odor free. This system type would continue to replace recirculating waste systems in the foreseeable future.
End-User Type
The market is bifurcated into OE and aftermarket. OE is expected to remain dominant in the market during the forecast period, driven by increasing production rates of key aircraft programs, and upcoming aircraft programs. The aftermarket segment is expected to be the faster-growing segment during the forecast period, due to the growing fleet size of commercial aircraft and the rising demand for lightweight water & waste systems, which prompts the replacement of outdated systems with lightweight water & waste systems.
Regional Analysis
North America is expected to remain the largest market for aircraft water & waste systems during the forecast period, as it is the manufacturing capital of the aerospace industry with the presence of several small to large OEMs, airlines, tier players including water & waste system manufacturers, and raw material suppliers.
Key Players
The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.
The following are the key players in the aircraft water & waste systems market:
- Safran S.A.
- Collins Aerospace
- MT Aerospace.
- TransDigm Group Inc.
- Diehl Stiftung & Co. KG
- Albany International Corporation
- Yokohama Aerospace America, Inc.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft water & waste systems market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The aircraft water & waste systems market is segmented into the following categories:
Aircraft Water & Waste Systems Market, by Aircraft Type
- Narrow-body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Wide-body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Business Jet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Water & Waste Systems Market, by System Type
- Potable Water System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Vacuum Waste System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Other Water Systems(Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Water & Waste Systems Market, by Component Type
- Water & Waste Tank (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Vacuum Toilet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Boiler/Heater (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Recirculating Toilet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Compressors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Water & Waste Systems Market, by End-User Type
- OE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Water & Waste Systems Market, by Sales Channel Type
- BFE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- SFE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Water & Waste Systems Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
