A $4.6 Billion Global Opportunity for Environmental Control Systems by 2026 - New Research from StrategyR

SAN FRANCISCO, Oct. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Environmental Control Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 1182
Companies: 42 - Players covered include Aero Space Controls Corporation; Air Innovations; Curtiss-Wright Corporation; Fimap Spa; Honeywell International, Inc.; Jormac Aerospace; Liebherr-International AG; Mecaer Aviation Group; Meggitt PLC; Pbs Velka Bites; United Technologies Corporation (UTC) and Others.
Coverage: All major geographies and key segments
Segments: Platform (Rotary, Fixed); System (Air Supply & Management, Thermal Management & Control, Cabin Pressure & Control)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Environmental Control Systems Market to Reach $4.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Environmental Control Systems estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2026, growing at a CAGR of 4.2% over the analysis period. Rotary, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$2.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fixed segment is readjusted to a revised 3.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion in 2021, While China is Forecast to Reach $821 Million by 2026
The Environmental Control Systems market in the U.S. is estimated at US$1.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$821 Million by the year 2026 trailing a CAGR of 3.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.