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Aircraft Air Management Systems Market Report | Covid-19 Impact Analysis
Aircraft Air Management Systems Market is Segmented 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 (Onboa...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
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.
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.
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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.
For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.
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Research Scope |
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Trend & Forecast Period |
2014-2025 |
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Forecast |
>5% CAGR During 2020-2025 |
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Regions Covered |
North America, Europe, Asia-Pacific, Rest of the World |
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Countries/Subregions Covered |
The USA, Canada, Mexico, France, Germany, the UK, Russia, China, Japan, India, Latin America, the Middle East and Others |
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Figures & Tables |
>150 |
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Customization |
Up to 10% customization available free of cost |
The market is segmented in the following ways:
Aircraft Air Management Systems Market Size, Share & Forecast by System Type:
Aircraft Air Management Systems Market Size, Share & Forecast by Platform Type:
Aircraft Air Management Systems Market Size, Share & Forecast by Component Type:
Aircraft Air Management Systems Market Size, Share & Forecast by Region:
This report, from Stratview Research, studies the aircraft air management systems market over the trend period of 2014 to 2019 and forecast period of 2020 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Driven by a number of factors like Increasing aircraft production to support the rising air passenger traffic, the aircraft air management systems market is expected to witness an impressive growth of >5% CAGR During 2020-25.
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. are among the key players in the aircraft air management market.
North America is expected to remain the largest market for aircraft air management systems during the forecast period of 2020-25.
The thermal management segment is expected to remain dominant in the aircraft air management market in the coming years.
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