Thursday, September 19, 2019

Air Management Systems Market Size, Share, Growth, Trends, Analysis and Forecast 2017 to 2025


According to a new market research report published by Credence Research “Air Management Systems Market (System Type — Thermal Management, Air Supply, Cabin Pressurization and Temperature Control, Smoke Detection, Fire Suppression and Others (Ventilation, Ice Suppression, etc.); Aircraft Type — Fixed Wing and Rotary Wing) — Growth, Future Prospects and Competitive Analysis, 2017–2025”, the global market for air management systems is estimated to reach US$ 8.5 billion by 2025.

Browse the full report at https://www.credenceresearch.com/report/air-management-systems-market

Market Insights

Passenger comfort is one of the most important factors for airline companies. In order to ensure optimum comfort for passengers at high altitudes, aircraft must be equipped with efficient pressurization and air conditioning systems. The aircraft air management system refers to a system that provides and manages the necessary air supply to different parts of the aircraft. These systems include multiple systems such as ventilation, cabin temperature control, fuel tank inertification, smoke detection, fire suppression and cabin pressurization.

The overall market for air management systems is driven primarily by the ever-growing aviation industry worldwide. Post-slowdown in 2009, the global aviation industry recorded strong growth worldwide. Similarly, although the aviation industry registered negative growth in the years 2015 and 2016, the International Air Transport Association (IATA) expects the industry to register revenue growth of more than 5% in 2017. As a result, the overall aircraft manufacturing sector is projected to remain strong in the years to come, driving the demand for related systems (such as air management systems). With ever-increasing competition in the aviation industry, airlines are more focused on providing passengers with a comfortable flight. This is estimated to remain another major factor responsible for the growth of the air management systems market in the years to come.

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However, one of the major restrictions affecting the growth of the market is the backlog of aircraft supplies. Due to historical inconsistencies in revenues from the aviation industry, backlogs for aircraft delivery have increased remarkably, often resulting in cancelation of orders. In addition, these systems are enforced in order to comply with the’ no-fly’ rule against any infringement, thus making it more difficult for players to operate on the market.

Key Trends

Introduction of no-bleed system
Continuous R&D efforts on the part of the manufacturers
High investment on the part of the vendors towards R&D activities to innovate and develop new technologies

By System Type

Thermal Management
Air Supply
Cabin Pressurization and Temperature Control
Smoke Detection
Fire Suppression
Others (Ventilation, Ice Suppression, etc.)

By Aircraft Type

Fixed Wing
Rotary Wing

Company Profiles

United Technologies Corporation
Zodiac Aerospace
Meggitt Plc.
Honeywell International, Inc.
Aeronamic Aircraft Subsystems
Dukes Aerospace, Inc.
Diehl Stiftung & Co. KG
Shimadzu Corporation
Liebherr Group
AIM Aerospace

By Geography Segment

North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Latin America

Do Inquiry before buying report at https://www.credenceresearch.com/inquiry-before-buying/58797


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