Air Management Systems Market in Aerospace industry is likely to flourish at a healthy CAGR of 5.6% during the forecast period. – Stratview Research Market Report

The research studies Aircraft Air Management Systems Market in the trend period of 2012 to 2017 and forecasted period of 2018 to 2023 under five segments - 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 and Rotary Wing), by Component Type (Onboard Oxygen Generation System, Sensors, Valves, Air Cycle Machines, Heat Exchangers, Air Separator Modules, Controlling and Monitoring Electronic Units, Air Mixtures, and Condenser and Evaporator) and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.

The study finds –
 North America is expected to remain the largest market for aircraft air management systems during the forecast period, owing to the presence of major aircraft OEMs, such as Boeing, Bombardier, Lockheed Martin, and Bell Helicopter.
 The market is segmented into Onboard Oxygen Generation System, Sensors, Valves, Air Cycle Machines, Heat Exchangers, Air Separator Modules, Control and Monitoring Electronic Units, Air Mixers, and Condenser and Evaporators.
 The aircraft air management systems market is segmented into Fixed Wing and Rotary Wing. The fixed-wing segment is expected to remain most dominant over the next five years.
 The aircraft air management systems market is segmented based on the system type as Thermal Management System, Engine Bleed Air System, Oxygen System, Fuel Tank Inerting System, Cabin Pressure Control System, and Ice Protection System.

Click here to read the detailed description: https://www.stratviewresearch.com/352/Aircraft-Air-Management-Systems-Market.html

Go through the TOC: https://www.stratviewresearch.com/toc/352/Aircraft-Air-Management-Systems-Market.html

The next five years for the aircraft air management systems market are
projected to be resilient with the sizeable growth opportunities for both new as well as existing players. The market for aircraft management systems is likely to flourish at a healthy CAGR of 5.6% during the forecast period. Increasing aircraft production to support the rising air passenger traffic, advancement in the air management system technologies addressing current market needs, the introduction of the lightweight system, and increasing aircraft upgrades to provide excellent customer experience are some of the major factors that are burgeoning the demand for air management systems in the aircraft industry.

Request a Sample here:- https://www.stratviewresearch.com/Request-Sample/352/Aircraft-Air-Management-Systems-Market.html

The aircraft industry is highly technological driven where major aircraft OEMs keep working harder in order to improve the overall aircraft performance including fuel efficiency, customers’ experience, safety & reliability, etc. Air management system is a very crucial system of an aircraft and has undergone a remarkable transition over the period of time. Most of the major players are working closely with the aircraft OEMs in order to develop advanced systems addressing changing market requirements as well as to remain an innovative and a preferred choice in the market.

Technological enhancement in aircraft is one of the major growth factors of aircraft air management systems. The aircraft air management systems are performing smoothly due to the coherent performance of aircraft as there provide accurate results on account of an upgrade of conventional sensors with the latest sensors and technologically robust heat exchangers. There is a growing demand for a more efficient thermal management system with the growing use of electronics and electrical systems in the aircraft. Increased heat loss is prevented, which otherwise hampers the system’s performance. Further, the heat loss is prevented by the enhanced thermal management system on an aircraft, which increases the performance. This helps the market for aircraft air management systems to surge ahead in the foreseeable future.

The global aircraft air management systems market is segmented based on the system type 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 segment currently dominates the aircraft air management systems market and is projected to maintain its dominance over the next five years as well. Heat loads have increased with the rising adoption of more electric aircraft technology, which further led to the replacement of various pneumatic and hydraulic systems with electric systems. Thermal management system plays a vital role as it manages heat loads and prevents systems and components from overheating thus eliminating any risk of mishaps.

Based on the platform type, the aircraft air management systems market is segmented into Fixed Wing and Rotary Wing. The fixed-wing segment is expected to remain most dominant over the next five years. The segment is also likely to garner at a higher rate during the forecast period. Commercial aircraft is the major procurer of air management system in the fixed-wing segment and is likely to remain the growth engine of the market over the next five years as well. Rotary wing aircraft usually fly at a relatively lower altitude than fixed-winged aircraft; thus, the cabin of rotary wing aircraft is not needed to be pressurized, which leads to the requirement of smaller air management systems as compared to the fixed-wing aircraft.

Based on the component type, the market is segmented into Onboard Oxygen Generation System, Sensors, Valves, Air Cycle Machines, Heat Exchangers, Air Separator Modules, Control and Monitoring Electronic Units, Air Mixers, and Condenser and Evaporators. The onboard oxygen generation system currently dominates the aircraft air management systems market. Onboard oxygen generation system is one of the most crucial systems in an aircraft management system as it allows the flow of fresh air in an aircraft cabin and provides comfort to the passengers. The system works in tandem with other components like engine bleed air system, shutoff valve, heat exchangers, oxygen concentrator, plenum, and regulators.

Based on the regions, North America is expected to remain the largest market for aircraft air management systems during the forecast period, owing to the presence of major aircraft OEMs, such as Boeing, Bombardier, Lockheed Martin, and Bell Helicopter. Huge order backlogs of commercial and regional aircraft of Boeing and Bombardier are likely to assure a sustainable demand for air management systems in the region in the foreseeable future.
Europe, another major market for aircraft management system, is primarily driven by commercial and regional aircraft. Airbus is the largest procurer of air management components/systems in the region for its aircraft programs: A320 family including neo variants, A330, A350XWB, and A380. Increasing production rates of A320 family along with its neo variants and A350XWB and an expected market entry of Irkut with its MC-21 are the major factors that are likely to bolster the demand for air management systems in the region in the coming five years.

Asia-Pacific, a relatively small segment, is expected to witness the highest growth during the same period, owing to increasing demand for commercial aircraft to support rising air passenger traffic; growing presence of major aircraft OEMs, such as Boeing and Airbus; and upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.

The supply chain of this market comprises raw material suppliers, air management component manufacturers, air management system suppliers, tier players, aircraft OEMs, airlines, and aircraft leasing companies. The key aircraft air management systems manufacturers are Liebherr Group, United Technologies Corporation, Honeywell International, Inc., Zodiac Aerospace, Meggitt Plc, Rockwell Collins, Inc., Diehl Stiftung & Co. Kg, Shimadzu Corporation, Dukes Aerospace Inc, and Aeronamic Aircraft Subsystems. New product development, regional expansion, and execution of long-term contracts with OEMs are some of the key strategies adopted by the major players to gain a competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum input to the entire value chain of BMI Prepreg. The key features of the report are -
 Market structure: Overview, industry life cycle analysis, supply chain analysis
 Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
 Market trend and forecast analysis
 Market segment trend and forecast
 Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
 Attractive market segments and associated growth opportunities
 Emerging trends
 Strategic growth opportunities for the existing and new players
 Key success factors.

Stratview follows a rigorous process for conducting business research from primary and secondary sources to understand the entire market ecosystem. It has several high value market reports in the Aerospace & defence industry. Please refer to the following link to browse through the reports:

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

This release was published on openPR.