Stratview Research announces the addition of a new market research report on Global Aerospace & Defense Water and Waste System Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, Business Jet, and Military Aircraft), by Product Type (Potable Water System, Vacuum Waste System, Re-circulating Blue Water System, and Other Systems), by Fit Type (Line fit and Retrofit), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022
This market report from Stratview Research studies the aerospace and defense water and waste system market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Aerospace & Defense Water and Waste System Market: Highlights
Stratview Research foresees a robust growth of 5.1% CAGR in the aerospace & defense water and waste system market over the next five years (2017 – 2022) to reach US$ 1,250.4 million in 2022, which offers an opportunity to the aerospace industry players to align themselves with the market growth.
The author of the report stated that increasing deliveries of new aircraft, increasing demand of wide body aircraft, increasing global aircraft fleet, high demand of hygiene and convenience by passengers during travel, and an advancement in lightweight and easy maintenance systems are some of the major drivers that are increasing the demand of water & waste systems in the global aerospace & defense industry.
Vacuum toilet is the most widely preferred waste system in the aerospace & defense industry followed by re-circulating water. Vacuum toilet is forecast to witness the fastest growth over the next five years. Among water systems, potable water system is expected to remain the most preferred type during the forecast period.
Based on fit type, OEM is the major consumer of water and waste systems in the global aerospace & defense industry and is expected to remain the largest consumer during the forecast period as well. Increasing production rates of commercial and regional aircraft fueled by continuous increase in the passenger traffic and upcoming commercial and regional aircraft are some of the major growth drivers of the OEM market.
In terms of region, North America is expected to remain the largest market in the global aerospace & defense water and waste system market over the next five years as it is the manufacturing capital of aerospace & defense industry with presence of several small to large OEMs, airlines, tier players including water & waste system suppliers, and raw material suppliers. Asia-Pacific is likely to experience the fastest growth during the forecast period owing to upcoming commercial and regional aircraft, such as Comac C919 & ARJ21 and Mitsubishi MRJ and rising aircraft fleet size.
B/E Aerospace and Zodiac Water and Waste Systems are two of the major companies that provide aircraft water and waste system solutions along with other companies such as MT Aerospace AG, UTC Aerospace Systems, Adams Rite Aerospace, Inc., Exelis, Yokohama Rubbers Co., Ltd, and Adams Rite Aerospace, Inc.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on 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 research report:
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Free customization options for market research report on aerospace & defense water and waste system market
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