LeapZipBlog: Johnson Paul's blog: Air Management Systems Market Is Projected To Reach Worth US$ 8.5 Bn by 2025

Air Management Systems Market Is Projected To Reach Worth US$ 8.5 Bn by 2025

October 21, 2019 by Johnson Paul  

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 air management systems market is estimated to hit US$ 8.5 Bn by 2025.

Market Insights

Passenger comfort is one of the most crucial factors accounted by the airline companies. In order to ensure optimum comfort to the passengers at high altitudes, the aircrafts are required to be equipped with effective pressurization and air conditioning systems. The air management system on an aircraft refers to a system that provides and manages the necessary air supply to different parts of the aircraft. These systems comprise multiple systems such as ventilation, cabin temperature control, fuel tank inerting, smoke detection, fire suppression and cabin pressurization.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/air-management-systems-market

The overall air management systems market is primarily driven by the consistently growing aviation industry worldwide. Post-slowdown in 2009, the global aviation industry has registered strong growth globally. Similarly, though the aviation industry registered negative growth in the years 2015 and 2016, the International Air Transport Association (IATA) expects the industry to register a revenue growth of over 5% in the year 2017. As a result, the overall aircraft manufacturing sector is projected to remain strong in the following years, thereby driving the demand for related systems (such as air management systems). With the continually growing competition in the aviation industry, airline companies are more focused towards providing comfortable flight to the passengers. This is estimated to remain another major factor responsible for the air management systems market growth in the following years.

However, one of the major restraints impacting the market growth is the backlogs of aircraft deliveries. Due to the historical inconsistencies in the aviation industry revenue, aircraft delivery backlogs have risen remarkably, often resulting in order cancellations. In addition, these systems are enforced to follow the ‘no-fly’ rule against any infringement, thereby toughening the players to operate in the market.

Some of the major players profiled in the report are United Technologies Corporation, Zodiac Aerospace, Liebherr Group, Meggitt Plc., Honeywell International, Inc., Aeronamic Aircraft Subsystems, Dukes Aerospace, Inc., Diehl Stiftung & Co. KG, AIM Aerospace and Shimadzu Corporation among others.

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

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/58797

Report Scope by Segments

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

By Geography Segment

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America)

Medium Blog: https://medium.com/@kumarganeshtr/air-management-systems-market-is-projected-to-reach-worth-us-8-5-bn-by-2025-credence-research-bb2b3d57e296

About Credence Research (Original Publisher)

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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