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Global Military Aircraft Washing Equipment Market Will Grow at a CAGR 2.7% and Reach USD 46 Million by 2023, from USD 39 Million in 2017


Lewes, DE -- (SBWIRE) -- 12/21/2018 -- Global Military Aircraft Washing Equipment market will register a 2.7% CAGR in terms of revenue, reach US$ 46 million by 2023, from US$ 39 million in 2017

Aircraft cleaning is an essential aspect of aircraft preventative maintenance and can be considered as an important part of an aircraft's corrosion prevention & control program (CPCP).

The US Navy has established a requirement for washing all aircraft within a 300-mile radius of sea water or for aircraft flying below 3000' over sea water. This is mandatory regardless of wash type whether it be manually done or through a fully automated rinse package.

Corrosion is a pervasive enemy that degrades military vehicles, particularly aircraft. It occurs when salt, dirt, dust and other contaminate builds up on the outer surface of those vehicles. As they build up, all of those corrosive particles are hard at work, progressively wearing away at components, compromising the vehicle's integrity.

A great deal of the high-technology; high-cost equipment maintained by the military is used in environments that are associated with particularly high rates of corrosion. The rates of corrosion in these areas are amplified if the proper preventative measures are not taken. Saltwater in particular is known to have a harmful effect on any aircraft flying over or adjacent to large bodies of open water. So, regular washing not only keeps equipment clean, it helps troops safe.

The market of military aircraft washing equipment includes manual and automatic airplane wash systems and the proportion of manual system in 2017 is about 76%, and the proportion of automatic wash systems is 24%.

Over the next five years, study projects that Military Aircraft Washing Equipment will register a 2.7% CAGR in terms of revenue, reach US$ 46 million by 2023, from US$ 39 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Military Aircraft Washing Equipment market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Manual Wash System
Automatic Wash System

Segmentation by application:
Fighter Aircraft
Fixed-Wing Trainer Aircraft
Military Transport Aircraft
Special Mission Military Aircraft

This report also splits the market by region:
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Stoelting Cleaning Equipment
AERO Specialties
The Hydro Engineering
EST Companies
StingRay Parts Washer
Aqua Blast
Rotodyne srl

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Military Aircraft Washing Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Military Aircraft Washing Equipment market by identifying its various subsegments.
Focuses on the key global Military Aircraft Washing Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Military Aircraft Washing Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Military Aircraft Washing Equipment submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 161 pages "Forecast of Global Military Aircraft Washing Equipment Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Military Aircraft Washing Equipment by Players, Military Aircraft Washing Equipment by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Military Aircraft Washing Equipment Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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