Air Management System Market Size & Share | Forecast to 2028

Air Management System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - Component (On-Board Oxygen Generation System, Sensors, Condenser & Evaporator, Air Cycle Machines, Control & Monitoring Electronics Units, and Others), System (Thermal Management System, Ice Protection System, Cabin Pressure Control System, Fuel Tank Inerting System, Oxygen System, and Engine Bleed Air System), and Platform (Fixed Wing and Rotary Wing)

  • Report Code : TIPAD00002148
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 177
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The air management system market was valued at US$ 5,607.19 million in 2021 and is projected to reach US$ 8,804.88 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028.

The presence of a large number of older commercial aviation fleets worldwide is generating the demand for retrofitting and upgrades of the existing fleet. Also, the launch of new aircraft MRO hangars and MRO bays is directly proportional to the demand for different air management systems, one of the strong catalyzers of the air management system market. In addition, the continuous investments by airliners for aircraft upgrades due to the expansion of their existing aircraft fleet is boosting the demand for air management systems globally. For instance, one of the leaders in Indian aviation, InterGlobe Aviation Ltd. (Indigo Airlines), signed a 20-year-agreement with Bangalore International Airport Limited (BIAL) in 2019 to build its second MRO facility in India. According to the company's statement, the new hangar can serve two narrow-body aircraft and an engine MRO. Likewise, in 2020, Guangzhou Aircraft Maintenance Engineering Co. Ltd. (GAMECO) launched and started operations in Asia's largest MRO hangar at Beijing Daxing Airport, China. The hangar can simultaneously handle/service 2 Airbus A380s, 3 Boeing 777s, and 3 Airbus 320s or up to 12 A320 series narrow-body aircraft fleets. Some of the aircraft models operating with more than 15-20 years of their service life need serious upgrades at the current scenario for better operational efficiency and to enhance their capabilities.. Moreover, some general aviation models have witnessed a healthy rise in deliveries, despite the COVID-19 pandemic. For instance, the sale of ~241 units of CE-172S Skyhawk SP was reported in 2020, up from ~126 units delivered in 2019. Additionally, the delivery volume of single-engine piston airplanes also increased in 2020. According to the General Aviation Manufacturer's Association, ~1,155 units of single-engine piston airplanes were delivered during FY 2020 worldwide, up from ~1,111 units delivered during FY 2019. Therefore, the rise in deliveries of new general aviation is fueling the demand for new installations of air management systems, aiding the air management system market growth.

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Air Management System Market: Strategic Insights

air-management-system-market
Market Size Value inUS$ 5607.19 million in 2021
Market Size Value byUS$ 8804.88 million by 2028
Growth rateCAGR of 6.7% from 2021 to 2028.
Forecast Period2021-2028
Base Year2021
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Impact of COVID-19 Pandemic on North America Air management system Market Size


The US has witnessed the most severe impact of COVID-19 in 2020. The region's aircraft manufacturers and service providers had been affected due to nationwide lockdowns and travel restrictions, the shutdown of aircraft production facilities, and shortage of employees on the work floors, which hampered the air management system market growth.

The pandemic has reached an unprecedented level of net losses and recovery delays in for the airline industry in North America. The aircraft industry was one of the strongest performers in the region during the pre-crisis period. Moreover, after the emergence of the latest variant of COVID-19 (Omicron), North American countries restricted their borders for flights from African countries to control its spread in the continent. Recovery in demands for commercial, military, and general aviation aircraft, along with helicopters, for different applications is anticipated to boost sales of the air management systems in the region during the forecast period.

Lucrative Regions for Air management System Market

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Market Insights – Air management system Market


System-Based Insight


Based on system, the air management system market is segmented into thermal management system, ice protection system, cabin pressure control system, fuel tank inerting system, oxygen system, and engine bleed air system. The thermal management system is designed to control the air conditioning, temperature, and humidity during flight operation in order to ensure safety and comfort. An aircraft comprises many electrical and electronic components that release a lot of heat and temperature, which can cause equipment failure if not maintained properly during a flight operation. One of the major reasons behind the higher adoption of composite materials for commercial, military, and general aviation aircraft production is the greater temperature sensitivity provided by them. One of the major factors driving the market growth for the thermal management systems is increasing heat loads from expanded electronic functionality and the necessary relevance of aircraft electric system architectures during aircraft production.

The air management system market is segmented on the basis of component, system, platform, and geography. Based on component, the market is subsegmented into on-board oxygen generation system, sensors, condenser and evaporator, air cycle machines, control and monitoring electronics units, and others. On the basis of system, the air management system market is further segmented into thermal management system, ice protection system, cabin pressure control system, fuel tank inerting system, oxygen system, and engine bleed air system. Based on platform, the market is further segmented into fixed wing and rotary wing. In terms of geography, the air management system market is primarily segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. Collins Aerospace (Raytheon Technologies), Diehl Stiftung and Co. Kg, Honeywell International Inc., Liebherr-International Deutschland GmbH, Meggitt Plc, Parker Hannifin Corporation, Shimadzu Corporation, Safran, AMETEK Inc., and Boyd Corporation are among the key players profiled during the air management system market study.

Players operating in the air management system market are mainly focused on the development of advanced and efficient products.

  • In 2021, AMETEK Singapore began working with its sister company AMETEK Air technology to provide aftermarket service for A350 electrical heaters.
  • In 2021, Parker Hannifin Acquired LORD Corp. to create an integrated organization with strong materials science capabilities for offering electrification and aerospace product offerings that are highly complementary.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component, System and Platform.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are reasons behind air management system market growth?

The procurement of general aviation aircraft is increasing at a rapid pace worldwide. This is due to the rising demand for charter operations for different applications, such as business trips, travel & tourism, search & rescue, healthcare emergencies, and personalized trips. Several charter airline operators are expanding their service lines by adding newer routes. Along with this, the growing need for non-scheduled business travel compels them to add new aircraft to their existing fleets, propelling the demand for new general aviation models and aiding the demand for air management systems across the aviation industry. For instance, some charter aviation vendors have also witnessed a rise in their revenues during the pandemic, i.e., FY 2020. For instance, in 2021, Club One (a chartered air services provider company in India) announced that it had ended 2020 better than 2019 with a 10% increase in business despite the loss during the lockdown period. The company expected to retain the trend during FY 2021 as well due to the absence of regular international and domestic flight services and preference for safety, health, and hygiene, coupled with the need to adhere to social distancing norms for domestic travel across various regions.

What are market opportunities for air management system market?

With the projected rise in aircraft volumes, the demand for various air management systems would also increase in the coming years. Moreover, elevated aircraft production volume would boost the production and acquisition of air management systems, which is likely to create opportunities for market players to sell their products to aircraft OEMs over the next few years. Thus, a decent rate of aircraft delivery, coupled with the existing fleet size (excluding the retired and sent to long-term storage due to COVID-19), poses significant business opportunities for the aviation vendors, ultimately driving the air management system market during the forecast period.

Which component is expected to dominate the market in the forecast period?

Based on components, the air management system market is segmented into on-board oxygen generation system, sensors, condenser and evaporator, air cycle machines, control and monitoring electronic units, and others. In 2020, air cycle machines segment dominated the market owing to multiple installations of the systems in an aircraft & it is an integral part of air conditioning systems or thermal management systems. However, sensors are expected to be the fastest growing segment during the forecast period owing to the growing adoption of wide range of sensors for multiple aircraft systems.

Which system is expected to dominate the market during the forecast period?

Based on system, the air management system market is segmented into thermal management system, ice protection system, cabin pressure control system, fuel tank inerting system, oxygen system, and engine bleed air system. In 2020, thermal management system accounted for the largest share in the global air management system market as it is the most crucial components in an aircraft and allows access to AC and Environmental Control Systems. However, oxygen systems are expected to be the fastest growing system during the forecast period, according to the market research study.

Which region is expected to dominate the air management system market in the forecast period?

North America holds the largest share in the global air management system market due to the presence of the largest aircraft fleet and one of the largest aircraft OEM (i.e. Boeing) and some of the major general aviation aircraft manufacturers. Moreover, the rising demand for business jets due to technological advancements in ultra-long-range jets is also creating lucrative opportunities for market players across this region.

What trends are expected to drive the demand for various air management systems?

Innovations in aerospace technologies witness constant growth worldwide. Air management systems involve many components such as oxygen systems, multiple sensors, evaporators & condensers, air cycle machines, electronic units for control & monitoring, and other components. The adoption of smart sensors for different air management operations, such as across HVAC systems, to provide more enhanced, optimized, and premium services to the passengers and crew members is one of the market's key trends. Moreover, the adoption of smart sensors in air management systems is soaring due to the rising electrification of aircraft components, including aircraft on-board environment control systems and monitoring systems. In addition, the digitization of thermal management techniques for heat transfer applications is another major trend of the air management system market.

The List of Companies - Air Management System Market

  1. Parker Hannifin Corporation
  2. Honeywell International Inc.
  3. Diehl Stiftung & Co. KG
  4. Collins Aerospace
  5. Liebherr-International Deutschland GmbH
  6. Meggitt PLC
  7. Safran Electronics & Defense
  8. Shimadzu Corporation
  9. AMETEK Inc.
  10. BOYD Corporation

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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