What is Global Full Ice Protection System (FIPS) Market?
The Global Full Ice Protection System (FIPS) Market is a comprehensive study of the various systems designed to prevent the accumulation of ice on aircraft surfaces during flight. These systems are crucial for the safety and efficiency of aircraft operations, particularly in cold weather conditions. The FIPS market encompasses a range of technologies and solutions, including both de-icing and anti-icing systems. The market's value was estimated at US$ 1251.7 million in 2022, and it is projected to reach US$ 1745.6 million by 2029, growing at a CAGR of 5.7% during the forecast period 2023-2029.
De-Icing Systems, Anti-Icing Systems in the Global Full Ice Protection System (FIPS) Market:
De-icing and anti-icing systems are two key components of the Global Full Ice Protection System (FIPS) Market. De-icing systems are designed to remove ice once it has formed on the aircraft's surfaces. This is typically achieved through the use of heat, chemicals, or mechanical methods. On the other hand, anti-icing systems aim to prevent the formation of ice in the first place. These systems often use heated surfaces or chemical treatments to keep ice from forming. Both types of systems are critical for maintaining the aircraft's performance and safety in icy conditions. The top 5 players in the FIPS market, UTC Aerospace Systems, Zodiac Aerotechnics, Cavice Protection, Honeywell, and Curtiss-Wright, hold about 55% of the market shares.
Civil, Military in the Global Full Ice Protection System (FIPS) Market:
The Global Full Ice Protection System (FIPS) Market finds its applications in both civil and military sectors. In the civil sector, FIPS is used in commercial airlines, private jets, and cargo planes. These systems are crucial for ensuring safe and efficient operations, particularly in cold weather conditions. In the military sector, FIPS is used in fighter jets, helicopters, and other military aircraft. These systems are essential for maintaining the performance and safety of these aircraft in icy conditions. The military sector often requires more robust and reliable FIPS due to the demanding and often harsh conditions in which military aircraft operate.
Global Full Ice Protection System (FIPS) Market Outlook:
The Global Full Ice Protection System (FIPS) Market outlook highlights the market's growth and the leading players in the industry. The market was valued at US$ 1251.7 million in 2022 and is expected to reach US$ 1745.6 million by 2029. This represents a CAGR of 5.7% during the forecast period 2023-2029. The top 5 players in the market, UTC Aerospace Systems, Zodiac Aerotechnics, Cavice Protection, Honeywell, and Curtiss-Wright, collectively hold about 55% of the market shares. These companies are at the forefront of the FIPS industry, providing a range of de-icing and anti-icing solutions for both civil and military applications.
| Report Metric | Details |
| Report Name | Full Ice Protection System (FIPS) Market |
| Accounted market size in 2022 | US$ 1251.7 million |
| Forecasted market size in 2029 | US$ 1745.6 million |
| CAGR | 5.7% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | UTC Aerospace Systems, Zodiac Aerotechnics, Cavice Protection, Honeywell, Curtiss-Wright, B/E Aerospace, ITT Corporation, Kilfrost, Cox & Company, Meggitt, Ultra Electronics |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
