Air Management System Market is likely to witness an impressive CAGR of 7.3% during the forecast period. The augmented requirement of efficient thermal management owing to increasing heat loads from growing use of electric system architecture in aircraft, technological progressions enhancing performance efficiency of the system, and the requirement for safer operations in freezing weather conditions are the prime factors expected to bolster the global air management system market during the forecast period.

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Air Management System Market Segment Insights:

By Component Type:

The onboard oxygen generation system segment led the market in 2018, and is estimated to maintain its dominance during the forecast period. An onboard oxygen generation system is a vital system in an aircraft, as it eases the flow of fresh air in an aircraft cabin. The prime function of the onboard oxygen generation system is to deliver pressurized air to the cabin and convert engine bleed air to oxygen-rich air fit for human intake. The system works with the support of other components, such as heat exchangers, engine bleed air system, shutoff valve, oxygen concentrator, plenum, and regulators. 

By System Type:

The thermal management system segment dominated the market in 2018, and is expected to lead the market in the coming five years. The growth is owing to the growing adoption of more electric aircraft technology, which has led to the replacement of various hydraulic and pneumatic systems by electric systems, which has subsequently increased the heat loads. A thermal management system is supremely important for safe and efficient operations of an aircraft, as it controls heat loads and prevents the overheating of systems and components that may lead to any imminent mishap.

By Platform Type:

The fixed wing segment is estimated to witness a higher growth during the forecast period. The growth is driven by the fact that rotary wing aircraft fly at a comparatively low altitude than fixed wing aircraft. Hence, the cabin of rotary wing aircraft is not needed to be pressurized and the aircraft calls for smaller air management systems as compared against fixed wing aircraft.  

By Region:

North America led the market in 2018, as the major region in the global aviation industry, and is expected to maintain its dominance during the forecast period. The market is driven by the presence of giant aircraft manufacturers, such as Boeing (U.S.), Lockheed Martin (U.S.), Bell Helicopter (U.S.), Sikorsky Aircraft (U.S.), and Bombardier (Canada), in the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.

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Features of the Report    

This report offers high-quality insights and is 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.

Based on the research, a proper report is crafted with the following key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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