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The air management system market is projected to grow at a CAGR of 5.97% from 2017 to 2022
The air management system market is estimated to grow from USD 4.68 billion in 2017 to USD 6.26 billion by 2022, at a CAGR of 5.97% from 2017 to 2022. Technological advancements resulting in performance efficiency of air management systems and the increased requirement of efficient thermal management due to rising heat loads from growing use of electric system architecture are the key factor driving the growth of the air management system market. However, backlogs of aircraft deliveries may restrain the growth of air management system market, as the backlogs can result in order cancellation.
Based on platform, the fixed wing segment is estimated to be the larger segment of the air management system market in 2017
Based on platform, the fixed wing segment is estimated to be the larger segment of the air management system market in 2017. The increasing use of fixed wing aircraft for defense and commercial applications and the increased deliveries of narrow body aircraft across the globe are the key factors driving the growth of the fixed wing segment.
North America is estimated to be the largest market for air management systems in 2017 North America is estimated to be the largest market for air management systems market in 2017, as the aviation industry in North America witnessed significant growth over the past few years. North America has the largest number of busiest airports by aircraft movements, globally. Aviation activities in North America are affected by weather conditions during winter. In such extreme weather conditions, it is important to use antiicing system, a subsystem of air management system, which intakes bleed air from aircraft engine and prevents the formation of ice on the wings of an aircraft. The market in AsiaPacific is expected to witness the highest growth during the forecast period, owing to increasing air passenger traffic and rising aircraft deliveries in the region.
Breakup of profile of primary participants for this report:
By Company Type: Tier 1 35%, Tier 2 45%, and Tier 3 20%
By Designation: C Level 35%, Director Level 25%, and Others 40%
By Region: North America 45%, Europe 20%, AsiaPacific 30%, and RoW 5%
Key players profiled in the air management system market report are Liebherr Group Switzerland, United Technologies Corporation U.S., Honeywell International Inc U.S., Meggitt Plc U.K., Zodiac Aerospace France, among others. Other components manufacturers such as Rockwell Collins Inc. U.S., Diehl Stiftung Co. KG Germany, Shimadzu Corporation Japan, Dukes Aerospace, Inc. U.S., and Aeronamic Aircraft Subsystems Netherlands, among others.
The market study segments the air management system market based on system thermal management system, engine bleed air system, oxygen system, fuel tank inerting system, cabin pressure control system, and ice protection system, component onboard oxygen generation system, sensors, valves, air cycle machines, heat exchangers, air separator modules, control and monitoring electronic units, air mixers, condenser and evaporator, and others, platform fixed wing and rotary wing. The study maps these segments and subsegments across major regions that include North America, Europe, AsiaPacific, and RoW Rest of the World. The report provides indepth market intelligence regarding market dynamics and major factors, such as drivers, restraints, opportunities, and industryspecific challenges, that influence the growth of the air management system market, along with analyzing micromarkets with respect to individual growth trends, prospects, and their contribution to the air management system market.
Reasons to buy this report:
From an insight perspective, this research report focuses on various levels of analysis, including industry analysis industry trends, market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high growth segments of the air management system market, high growth regions, and market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on air management systems offered by the top players operating in this market
Product Development/Innovation: Detailed insights on upcoming technologies, research development activities, and new product launches in the air management system market
Market Development: Comprehensive information about emerging markets the report analyses the markets for air management system across varied regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the air management system market
Competitive Assessment: Indepth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the air management system market
Original Article: Air Management System Market by System Thermal Management, Engine Bleed Air, Oxygen System, Fuel Tank Inerting, Cabin Pressure Control, ICE Protection, Platform Fixed Wing, Rotary Wing, Component, and Region Global Forecast to 2022 [Updated: 19062017] PrNEXT ARTICLE