Air Management System plays a crucial role in maintaining the necessary air supply to different parts of the aircraft. These systems include electric, mechanical and pneumatic components which perform functions such as smoke detection, ventilation, ice suppression, fire suppression and cabin pressurization among others. For instance, the role of the pressurization unit is to control and maintain the cabin air pressure needs according to the aircraft’s altitude. This function is basically controlled by the pressurization unit and the out-flow valves on the aircrafts fuselage. Aircraft manufacturers lay huge emphasis on improving the comfort and convenience for the passengers. This makes air management systems an important aspect for the aviation industry.
Increase in the production and procurement of new aircrafts is one of the primary factors driving the air management systems market growth. Air traffic across the world is increasing at a substantial pace leading to increased thrive on the part of the airline carriers to procure new aircraft. Moreover, the need for safer operations in freezing temperature is another important factor contributing to the air management systems market growth. These factors in combination are expected to positively impact the air management systems market in the following years.
The report titled “Global Air Management Systems Market – Growth, Future Prospects and Competitive Analysis, 2021 – 2029” offers strategic insights into the global air management systems market along with the market size and estimates for the duration 2021 to 2029. The said research study covers in-depth analysis of market segments based on system type, aircraft type and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2020 & 2029. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.
In order to help strategic decision makers, the report also includes competitive profiling of the leading air management system vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are United Technologies Corporation, Zodiac Aerospace, Liebherr Group, Meggitt Plc., Honeywell International, Inc., Aeronamic Aircraft Subsystems, Dukes Aerospace, Inc., Diehl Stiftung & Co. KG, AIM Aerospace and Shimadzu Corporation among others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global air management systems market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors.
Their contribution to the global air management systems market in 2020 is as shown in the figure below:
In 2020, the overall air management systems market worldwide was led by the thermal management segment. These is a constant demand for thermal management systems with lower mass, volume and power consumption requirements. Moreover, the rise in the number of electric systems in aircraft such as in-flight entertainment would ensure the segment growth in the following years. The in-flight entertainment systems have become more sophisticated and is just not limited to overhead monitors. Seat-back computers loaded with more movies and wireless setups streaming content directly to a smartphone or a tablet have become more common. Moreover, increasing focus towards safe and efficient operations of the aircraft is another important factor driving the thermal management segment growth.
The cabin pressurization and temperature control segment follows the thermal management segment, in terms of revenue. Cabin pressurization and temperature control systems are one of the most important parts of the avionics. These systems are directly responsible to ensure the comfort of the passengers and the crew. Cabin pressurization and temperature control systems control the humidity level and thus prevent fatigue or discomfort such as dry eyes, dehydration and dry nasal passages. Considering the prominence of passenger comfort, the cabin pressurization and temperature control segment is expected to continue retaining its position in the market during the forecast period.
The global air management systems market is dominated by the North American region. In 2020, the region accounted for more than 30% of the overall market revenue generated worldwide. The air management system market here is primarily driven by the presence of huge aviation industry in the region. The region is also witnessing a rise in the number of air passengers. According to a data published by the Bureau of Transportation Statistics (BTS), the number of passengers carried by the U.S. airlines reached an all-time high of 823.0 million passengers in 2020, which was a growth of 3.1 percent from the previous high reached in 2021. In addition, enforcement of strict safety regulations by leveraging modern technology for passengers and airlines is another prominent factor supporting the market growth.
With the continually growing airline industry in North America, the region is set to maintain its dominant position in the global market in the following years. Europe follows North America, in terms of revenue, in the market. The market here is primarily attributed to the well-developed air network in the region. The region houses a large number of airline carriers with large fleet sizes. Moreover, the need for safer operations in freezing weather conditions is another factor driving the air management system market growth in Europe.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Air Management Systems market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
System
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Aircraft
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
