Market Synopsis

Market Research Future (MRFR) in its latest report on the global air management system market 2020 states different factors that can contribute to the expansion of market. A complete assessment on the impact of COVID 19 on air management market is offered with the report. As per MRFR analysis, the air management market value can touch USD 6.55 Bn by 2023. Across 2017-2023, the air management systems market can rise exponentially due to the compulsion for maintenance of on board ambiance, as supply air occurs from different parts of the aircraft. Here the need for effective ventilation, smoke detection, and fire suppression among are crucial. The increase in emphasize on comfort improvement for availing greater consumer convenience can impel the expansion of the air management market in the years ahead. The ease of procurement and aircraft upgradation can also support the expansion of worldwide air management market in the years to come.

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Competitive Analysis

Honeywell International Inc (U.S.), Diehl Stiftung & Co. KG (Germany), Dukes Aerospace, Inc. (U.S.), Meggitt Plc (U.K.), Rockwell Collins Inc. (U.S.), Zodiac Aerospace (France), Liebherr Group (Switzerland), United Technologies Corporation (U.S.), Aeronamic Aircraft Subsystems (Netherlands), and a Shimadzu Corporation (Japan) are some organizations that are operating effectively in the air management system market that are listed by MRFR.

Market Segmentation Analysis

The segment analysis of the global air management system market is done by end users, component, system, and platform. The component based segments of the air management system market are Condenser, Evaporator, Sensors, Valves, Heat Exchangers, Air Cycle Machines, On-board, Oxygen Generation System, Air Separator Modules, Air Mixers, and Control and Monitoring Electronic units among others. The considerable demand for sensors can contribute to the expansion of the air management market through the analysis period. The rise in need to measure different parameters such as temperature, density, the thickness of ice in aircraft can support the expansion of the air management market in the years to come. The system based, segments of the air management system market are Ice Protection System, Oxygen System, Fuel Tank Inserting System, Cabin Pressure Control System, Engine Bleed Air System, Distributed Control Systems, and Thermal Management System among Others. The platform based segments of the air management system market are fixed wing and rotary wing among others. The end-users based segments of the air management are Aircraft and Aerospace, Defense and Military, Transportation, Automotive, Industrial, Regional Aircraft, and Commercial Aircraft among Others.

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Detailed Regional Analysis

Trends of the global air management system market is spanned across North America, EU, APAC, and RoW. In North America, the air management system market can expand due to the rise in the demand for passenger traffic. The introduction of new aircraft by top notch regional players for seamless proceedings in e-commerce business in the pandemic can support the expansion of the air management system market in the years to come. In Europe, the air management system market is likely to surge at a high pace in the forecast period. The significant rise in air traffic across in the region is observed as the key factor that can support the expansion of the air management in the years to come. The increased incorporation for latest technologies in modern and luxurious aircraft can bolster the rise of the air management market in the upcoming years. The growing need for installing safety operations in aircrafts such as thermal management can promote the expansion of the air management market due to rise in heat loads.

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