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North American aircraft de-icing market expected to grow 58%

Technavio has announced its latest market research report titled Global Aircraft De-Icing Market 2024-2028

The aircraft de-icing market size is expected to grow by USD 1.17 billion between 2023 and 2028.

However, the growth momentum of the market will progress at a CAGR of 5.66% during the forecast period. North America is expected to drive 58% of market growth by 2028, according to Technavio analysts.

The region boasts a mature market due to its leading airlines, aircraft manufacturers, and component suppliers. With renowned players throughout the supply chain, North America facilitates robust aircraft and de-icing equipment manufacturing activities.

Major airlines are increasingly opting for next-generation aircraft, as seen with a recent agreement for 50 A321XLR and 100 A320neo family aircraft.

Such procurement initiatives present substantial opportunities for aircraft de-icing providers.

Effective ice removal is crucial for ensuring optimal performance and uptime for airline operations. These factors collectively propel market expansion in North America throughout the forecast period.

The market is segmented by Product (De-icing systems, Deicer trucks, and De-icing chemicals and fluids), End-user (Commercial and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).

A significant element fueling the expansion of the worldwide aircraft de-icing industry is the increasing purchase of new aircraft.