Air Management System Market Expected to Rise at A High CAGR, Driving Robust Sales and Revenue till 2026

November 18, 2021

Nov 18, 2021

Stratview Research has recently published a report Air Management System Market is Segmented by Component Type (On-Board Oxygen Generation System, Sensors, Valves, Air Cycle Machines,  Heat Exchangers, Air Separator Modules, Control and Monitoring Electronic Units, Air Mixers, and Condenser and Evaporator), by System Type (Thermal Management System, Engine Bleed Air System, Oxygen System, Fuel Tank Inerting System, Cabin Pressure Control System, and Ice Protection System), by Platform Type (Fixed Wing, Rotary Wing), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). The objective of the market experts at Stratview Research is to conduct a thorough analysis of the ‘Air Management System Market’ and put a detailed knowledge about the industry and business attractiveness, revenue, market size, segmentation, growth and restraining factors so that the user gets in depth information about the industry and the business from a past, current and a future perspective and can potentially invest capital for further growth.

Additionally, the report covers a variety of established and emerging start-ups and organisations operating in the industry. As a result, the report provides a comparative analysis by presenting the user with various aspects of the markets discussed in the report.

Covid-19 Analysis -

Nationwide lockdowns have impacted, and halted productions, supply of raw materials sourcing disruption has affected the balance in the supply of finished products. This report aims to cover all the aspects of how the pandemic has affected the business in the Air Management System Market and how has the subsequent lockdowns inflamed the industry scenario and what are the areas that needs urgent action and re-planning.

 

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Segment-wise analysis

The report encompasses in-depth segmentations like regional segmentation, segmentation by product types, application-wise segmentation, geographical segmentation and thereby gives the user an overview of the effectiveness of the segmentation by various classes.

Air Management System Market Share: By Component Type

Based on the component type, the market is segmented as on-board oxygen generation system, sensors, valves, air cycle machines, heat exchangers, air separator modules, control and monitoring electronic units, air mixers, and condenser and evaporator. The onboard oxygen generation system segment led the market in 2018, and is estimated to maintain its dominance during the forecast period. An onboard oxygen generation system is a vital system in an aircraft, as it eases the flow of fresh air in an aircraft cabin. The prime function of the onboard oxygen generation system is to deliver pressurized air to the cabin and convert engine bleed air to oxygen-rich air fit for human intake. The system works with the support of other components, such as heat exchangers, engine bleed air system, shutoff valve, oxygen concentrator, plenum, and regulators. 

Air Management System Market Share: By System Type

Based on the system type, the market is segmented as thermal management system, engine bleed air system, oxygen system, fuel tank inerting system, cabin pressure control system, and ice protection system. The thermal management system segment dominated the market in 2018, and is expected to lead the market in the coming five years. The growth is owing to the growing adoption of more electric aircraft technology, which has led to the replacement of various hydraulic and pneumatic systems by electric systems, which has subsequently increased the heat loads. A thermal management system is supremely important for safe and efficient operations of an aircraft, as it controls heat loads and prevents the overheating of systems and components that may lead to any imminent mishap.

Air Management System Market Share: By Platform Type

Based on the platform type, the market is segmented as fixed wing and rotary wing. The fixed wing segment is estimated to witness a higher growth during the forecast period. The growth is driven by the fact that rotary wing aircraft fly at a comparatively low altitude than fixed wing aircraft. Hence, the cabin of rotary wing aircraft is not needed to be pressurized and the aircraft calls for smaller air management systems as compared against fixed wing aircraft.  

Air Management System Market Share: By Region

In terms of regions, North America led the market in 2018, as the major region in the global aviation industry, and is expected to maintain its dominance during the forecast period. The market is driven by the presence of giant aircraft manufacturers, such as Boeing (U.S.), Lockheed Martin (U.S.), Bell Helicopter (U.S.), Sikorsky Aircraft (U.S.), and Bombardier (Canada), in the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.

 

Market Insights

Air Management System Market is likely to witness an impressive CAGR of 7.3% during the forecast period. The augmented requirement of efficient thermal management owing to increasing heat loads from growing use of electric system architecture in aircraft, technological progressions enhancing performance efficiency of the system, and the requirement for safer operations in freezing weather conditions are the prime factors expected to bolster the global air management system market during the forecast period.

 

Key Players in the Air Management System Market:

The supply chain of this market comprises several nodes including raw material suppliers, seals manufacturers, tier players, aircraft and engine OEMs, airlines, aircraft leasing companies, and MRO companies. The following are the key players in the Air Management System Market:

• Aeronamic Aircraft Subsystems
• Diehl Stiftung & Co. Kg
• Dukes Aerospace Inc.
• Honeywell International, Inc.
• Meggitt, PLC
• Rockwell Collins, Inc.
• Shimadzu Corporation
• United Technologies Corporation
• Zodiac Aerospace

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Author : Meha Prasad