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.The objective of this study is to analyze the market from 2017 to 2022 and define, describe, and forecast the market based on system, component, platform, and region. The base year considered for the study is 2016 and the forecast is from 2017 to 2022.

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Technological advancements resulting in performance efficiency of the system, the increased requirement of efficient thermal management due to rising heat loads from growing use of electric system architecture, and the need for safer operations in freezing weather conditions are the major factors driving the air management system market.

The research methodology used to estimate and forecast the air management system market begins with capturing the data of the revenues from air management systems through secondary sources, such as International Civil Aviation Organization (ICAO), International Air Transport Association (IATA), Federal Aviation Administration (FAA), European Aviation Safety Agency (EASA), and paid databases. The air management system offerings were also taken into consideration to determine the market segmentation.
The bottom-up procedure was employed to arrive at the overall air management system market size from the revenue of key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key individuals, such as (CEOs), VPs, and directors.

Based on system, the thermal management system segment is expected to lead the air management system market during the forecast period. Rise in the number of electric systems in aircrafts have resulted in increased heat loads. Furthermore, composite materials that are rapidly replacing traditional metallic materials used for the manufacturing of aircraft structural parts and components are highly temperature sensitive. A thermal management system is extremely important for safe and efficient operations of an aircraft, as it manages heat loads and prevents the overheating of systems and components that may lead to mishaps.

Based on component, the sensors segment of the air management system market is anticipated to witness the highest growth during the forecast period. The growth of the segment can be attributed to the increasing need to measure values of different parameters, such as temperature, density, and thickness of ice, among others. For instance, sensors detect the temperature and humidity of the air in an aircraft cabin and send signals to temperature controllers to operate and maintain required temperature within the cabin.
North America is expected to lead the air management system market during the forecast period. The growth of the air management system market in North America is expected to be driven by the increasing air passenger traffic and rise in the demand for new aircraft in the region.

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The air management system ecosystem comprises airline component providers, such as Liebherr Group (Switzerland), United Technologies Corporation (U.S.), Honeywell International Inc (U.S.), Meggitt Plc (U.K.), Zodiac Aerospace (France), among others, and component 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.