Press release
Commercial Aircraft Air Management Systems market will reach at reach at $23.2 billion by 2032,Industry is Expected to Reach $8 Billion by 2028 -Honeywell International, Liebherr, Meggitt, United Technologies Corporation (UTC), Zodiac Aerospace, Aero Spac
The commercial aircraft air management systems market is estimated to reach at $23.2 billion by 2032 with CAGR of about 4.27% during the forecast period.Due to the impact of COVID-19, the aviation industry was greatly affected globally, which led to a significant decrease in passenger traffic in 2020. This has led to a decrease in production rates of commercial aircraft programs by the aircraft OEMs and a decrease in aircraft orders and deliveries in 2020. However, the aircraft deliveries and orders witnessed a significant increase in 2021 due to the gradual recovery in passenger traffic.
The gradual recovery of passenger traffic is propelling the airlines, and aircraft operators are investing in fleet modernization initiatives and expansion of their fleet to cater to increasing routes across the various regions. This factor is propelling the market growth for commercial aircraft and, subsequently, commercial aircraft materials.
Some of the Major Key players profiled in the study are Honeywell International, Liebherr, Meggitt, United Technologies Corporation (UTC), Zodiac Aerospace, Aero Space Controls, Hartzell Aerospace, Senior Aerospace, Eaton, Thales
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Ice Protection Systems Held the Largest Market Share in 2021
In 2021, the ice protection systems segment held the largest market share in the commercial aircraft air management system market. The architecture of an aircraft makes it vulnerable to the detrimental effects of ice formation on the exposed surfaces of the aircraft, such as control surfaces, wings, engine inlets, fan blades, and other parts of the aircraft that are exposed to extreme cold conditions. In cold weather conditions, the accumulation of ice on the wings can lead to catastrophic effects, like the stalling of aircraft. Thus, the integration of ice protection systems onboard the aircraft facilitates its all-weather operability by preventing ice accumulation on the wings. For instance, in July 2021, Qarbon Aerospace introduced the Helios Ice Protection System, an electro-thermal icing protection system that implants a carbon fiber thermoplastic heating element into the engine nacelles and components, fuselages, flight control surfaces, and wings. The increasing emphasis on aircraft safety has led to increased R&D on ice protection technologies. Researchers from top universities and ice protection systems manufacturers are working to develop an ultra-lightweight heater from the webs of carbon nanotubes for de-icing aircraft surfaces. The technology is still under development and may require significant investment in the coming years. Also, with the increasing aircraft orders, the demand for ice protection systems is expected to increase in the coming years.
Global Commercial Aircraft Air Management Systems Market Segmentation:
Commercial Aircraft Air Management Systems Segmentation by Type:
Software, Hardware, Services.
Commercial Aircraft Air Management Systems Segmentation by Application:
Commercial narrow-body aircraft, Commercial wide-body aircraft, Commercial regional jets
Competitive Landscape
Though many players are supplying several air management subsystems in the market, a majority of the share in the market is being enjoyed by a few players who have long-term contracts with the major aircraft OEMs. Liebherr-International GmbH, Raytheon Technologies Corporation, Honeywell International Inc., Safran SA, and Meggitt PLC are some major players in the commercial aircraft air management systems market. The companies are increasing their presence in the market through partnerships with aircraft OEMs. In this regard, Triumph Group received a new contract from Airbus to design, manufacture and provide full program lifecycle support of the primary thermal acoustic insulation system for the Airbus Canada A220 aircraft. Currently, the suppliers of commercial aircraft air management systems are working closely with the aircraft OEMs to develop advanced systems, to address the dynamic market requirements. This may also help them to remain a preferred choice in the market. The players' emphasis on building more efficient bleed air systems may help the segment in the future. Such innovations are envisioned to help the players increase their market share in the years to come.
Market Segmentation: By Geographical Analysis
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
The cost analysis of the Global Commercial Aircraft Air Management Systems Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.
Key questions answered in the report include:
who are the key market players in the Commercial Aircraft Air Management Systems Market?
Which are the major regions for dissimilar trades that are expected to eyewitness astonishing growth for the Commercial Aircraft Air Management Systems Market?
What are the regional growth trends and the leading revenue-generating regions for the Commercial Aircraft Air Management Systems Market?
What will be the market size and the growth rate by the end of the forecast period?
What are the key Commercial Aircraft Air Management Systems Market trends impacting the growth of the market?
What are the major Product Types of Commercial Aircraft Air Management Systems?
What are the major applications of Commercial Aircraft Air Management Systems?
Which Commercial Aircraft Air Management Systems Services technologies will top the market in next 7 years?
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Table of Contents
Global Commercial Aircraft Air Management Systems Market Research Report 2022 - 2029
Chapter 1 Commercial Aircraft Air Management Systems Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Commercial Aircraft Air Management Systems Market Forecast
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