South America Air Management System Market Drivers and Forecasts by 2028

The air management system market in SAM is expected to grow from US$ 531.82 million in 2021 to US$ 700.81 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028.

Innovations in aerospace technologies witness constant growth. 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.

Furthermore, the introduction of all-electric and more electric aircraft is another trend demanding more installations for air management system components. It is expected to aid the market growth during the near future. Some of the airliners have already ordered electric aircraft to retain their flight services for different operations such as air cargo and passenger transport. With the rising demand for charted aviation and the increase in the uptake of electric aircraft for zero-emission tourism experiences, the SAM electric aircraft fleet is rising at a healthy pace.

In 2020, Brazil had the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, and Ecuador, among others across this region. SAM's governments have taken various actions to protect their citizens and contain COVID-19's spread. Brazil is the largest spender in the aerospace industry and is the only modern aircraft manufacturing country in the region. Owing to this, the demand for components and aircraft-related systems and technologies is at an all-time high in the country. In addition, the majority of the components are imported from the US, China, and European countries. The slowdown in aircraft production in these countries has impaired the supply chain in Brazil. This has weakened the demand for several components, including different types of air management systems and other components. Thus, the COVID-19 outbreak has had a harsh impact on the SAM air management system market, especially Brazil.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM air management system market. The SAM air management system market is expected to grow at a good CAGR during the forecast period.

SAM Air Management SystemMarket Revenue and Forecast to 2028 (US$ Million)

SAM Air Management System Market Segmentation

SAM Air Management System Market – By Component

• On-Board Oxygen Generation System
• Sensors
• Condenser & Evaporator
• Air Cycle Machines
• Control & Monitoring Electronics Units
• Others

SAM Air Management System Market – By System

• Thermal Management System
• Ice Protection System
• Cabin Pressure Control System
• Fuel Tank Inerting System
• Oxygen System
• Engine Bleed Air System

SAM Air Management System Market – By Platform

• Fixed Wing
• Rotary Wing

SAM Air Management System Market, by Country

• Brazil
• Rest of SAM

SAM Air Management System Market - Companies Mentioned

• AMETEK Inc.
• Collins Aerospace
• Diehl Stiftung & Co. KG
• Honeywell International Inc.
• Liebherr-International Deutschland GmbH
• Meggitt PLC
• Parker Hannifin Corporation
• Safran Electronics & Defense
• Shimadzu Corporation

South America Air Management System Report Scope